I miss being in college and buying a case of pounders for 8.05 out the door. I also miss many girls from college. I miss 10.00 a bag shot. Guess what? It's all gone and it ain't ever coming back. I miss my hair all being one color too.
I remember gas at $0.159 to $0.179 for regular during the periodic "Gas Wars" during the late 60s/early 70s. My recollection was that the price went up just before every holiday weekend, and decreased gradually after. It went up for Memorial Day weekend 1972, and did not go down after. I asked a station owner about it, and he told me the oil companies were talking about an oil shortage, and the price would not be going down again. I was making about $3000 per year as a graduate student in Southern California, and my wife was making about $6000 per year working for a Savings and Loan company. We were driving a '71 Volvo we paid $3150 for, tax and license included, and paid $140 per month rent for a two bedroom unfurnished apartment in Altadena.
On shootem's point, I used to participate in AKC Retriever Field Trials, where another competitor was an emergency room physician near Billings, MT. I was talking to him one time about accidents, and he said that he only drove Suburbans or full-sized pickups. He said his decision was based on what he saw in his professional experience of who survived accidents and who did not. I know when my family goes on trips I'm more comfortable driving our old Suburban in terms of room, comfort, and getting us there in any weather conditions, and if I'm only getting 16/17 mpg, I'll gladly pay the price.
My son commutes 180 miles a day to his work site. All open interstate highway. He drives a 2000 Buick LeSabre that gets about 29 mpg. He won't even think about a more economic car because he has seen too much highway carnage created by big trucks that don't seem to have any sense. They go 90 mph regardless of the weather conditions. This is blizzard country. On ice they can't stop those rigs in a mile. They don't give a damn about other drivers. Little cars are a death trap.
It amazes me that the fed doesn't take into consideration the price of energy when calculating inflation--the argument that gas and oil prices are too volatile to count is pure bull sh-t. Maybe a few years ago that was true but don't tell me that when gas is anywhere near even 3 dollars or more a gallon and is only showing signs of skyrocketing. Dont piss on my shoes and tell me it's raining.EVERYTHING is going up.