Fuel Cost Today

Elections are right around the corner.... hmmm

 

Done deal here, early voter.

 

When I graduated high school in Washington State the minimum wage was $1.60/hr and gas was 32 cents per gallon and a high end Camaro was $3600. If wages kept up with inflation (about 12 - 15 times) then minimum wage would now be $19 - 24/hour, fuel would be $3.84 - 4.80/gallon and a new Camaro would be over $50K. As you can see the price of many things has only risen marginally but wages have not. In effect the hidden tax of inflation has gutted personal earnings while cost has remained fairly similar.

I made $2.50/hr after school as a gas station mechanic and that job today would now be about $37/hr. Not too shabby for an after school job? Of course it's not going to pay that much today in reality.

The real villian here is the Fed. I am quite sure they know what they are doing. If you would have paid $15K for a piece of property and the assessed value in todays dollars was now $225K, if sold you would be stuck with capital gains on the perceived increase in value which in reality has not increased at all.

Nice, huh.

 

just paid 2.959 in SE Mitten.

 

$2.79 today.

 

$2.859 because I didn't have time to drive over the border and save $0.23/gal.

 

2.89.9 today for non alcohol unleaded

 

2.97 this morning. These falling gas prices might signal something not good for the economy but they sure are good on my wallet right now. I am going to take some rode trips if the prices stay the same.

 

Filled up for $2.90 yesterday. We have rotated out our stored gas.

 

Forgive my cynical side but is there an election coming up soon?

 

SURELY you don't suspect manipulation for political purposes. And Killary in the background in an exasperated voice "what difference does it now make!"

 

Maybe.

 

$2.90 a gallon in my area.

 

$2.70 a gallon here for regular.

 

$2.56 reg