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Tractor Talk Discussion Board

Re: Ok heres one for you.


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Posted by MarkB_MI on July 06, 2006 at 04:02:52 from (64.31.11.2):

In Reply to: Ok heres one for you. posted by old on July 05, 2006 at 21:14:06:

I remember paying 40 to 50 cents a gallon for gas in the mid-70's; soda was a quarter for 12 oz in the machine. I also recall making two bucks an hour. And I sure wouldn't have paid a buck and a quarter for a little bottle of water!

Remember that in the seventies, you couldn't buy a car that got thirty miles to the gallon.

Prices are mostly a matter of what people are willing to pay. When gas prices jumped up to a buck a gallon in '73 and '79, people quit driving. Nowadays, I don't see people changing their driving habits, even with gas over three bucks a gallon. You can be sure that gas prices will have to get a lot higher before you really see people change their habits.


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