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re: Economist: Iran deal means oil @ $10-20/bbl

Posted on 7/14/15 at 8:24 pm to
Posted by The First Cut
Member since Apr 2012
14019 posts
Posted on 7/14/15 at 8:24 pm to
It's a fallacy that gas prices are high. They are actually dirt cheap. The photos I posted on page one of this thread are from 1973. Unleaded gas in one of those shots is $0.87. Plug $0.87 into a CPI calculator and gas should be $4.66 per gallon in 2015.
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