« Friends for Life | Main | Getting Down To Gas Tax »

September 02, 2005

Dead Horse Flogged

Will I ever get tired of blogging about gas prices?  No.

In the wake of Katrina, average retail gasoline prices in the US just jumped above $3, nearly reaching their all-time, inflation-adjusted high.  Two graphs tell the story.  First from gasbuddy.com:

Gasbuddy

Next from the Wall Street Journal (temporary link), with a graph of inflation-adjusted gas prices since the late 1970's (click to enlarge).  It's a few days out of date, so it doesn't account for the most the recent price increase to $3.09 per gallon, which is what gasbuddy.com now says is the national average -- roughly the same inflation-adjusted prices that caused such panic, and such a profound shift in energy consumption habits, in the late 1970s and early 1980s. 

Wsjgasinflated

Update:  More and better on the subject here.  (This was posted by Clark, by the way...)

Posted by Northwest Environment Watch | Permalink

Comments