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Rising Gas Prices: Discover How Historical Gas Prices Have Changed Over Your Lifetime

Nationwide Bank bas I REMEmber When 1962 n.. Thslorical prices of gaschne People love to talk about The Good Old Days-when reality TV meant Johnny Carson instead of Kim Kardashian, and a five dollar bill could buy you a tank of gas-but how much have things actually changed? You might be surprised by the spending power one dollar used to have. Compare prices over the last 50 years to find out how inflation has affected the cost of gas. 1962 Fuel price: $O.31 In 1962, a pair of Levi's jeans cost about $5.00. In 1964, a McDonald's hamburger cost $0.15. 1964 1967 Fuel price: $O.33 60000 A brand new 1970 Corvette cost about $5,200. 1970 1972 Fuel price: $0.36 In 1972, a ticket to see Oscar Best Picture winner 'The Godfather' cost about $1.70. 1977 Jood Fuel price: $0.65 In 1980, a loaf of Wonder Bread cost about $0.50. 1980 1982 Fuel price: $1.30 In 1979, the Iranian revolution interrupted crude oil production. Low supply drove fuel prices to record highs, resulting in the gas crisis of the early 80s. One year of room, board and tuition at a public, four-year university cost 1984 about S3,90O0 in 1984. 1987 Fuel price: S0.95 In 1991, the Super Nintendo video game console debuted in the U.S. at $199. 1991 1992 Fuel price: $1.3 In 1996, Internet provider AOL charged $19.99 per month for Internet use. Prior to the flat fee model, users paid AOL $3.50 for every hour spent online. 1996 1997 Fuel price: $1.23 In January of 1998, one share of Apple stock (AAPL) was valued at $3.25. It peaked in early 2012 at more than $600. 1998 2002 Fuel price: $1.36 2007 Fuel price: $2.80 In July 2008, the average gas price peaked at a record $4.09 due to the surging price of crude oil and low refinery capacity. 2008 2008 also saw milk prices peak at nearly $4.00 per gallon. The price reflected a spike in the price of corn meal cattle feed, which had doubled since the previous year. 2012 Fuel price: $3.61 The average cost of one year of room, board and tuition at a public, four-year university in 2012 is more than $15,000. vening movie ticket price in 2012 is almost $12.00. If you want to see the latest blockbuster in 3D or IMAX, add about $3.00. The average With the price of gas on the rise, wouldn't it be nice to save on your vehicle expenses? Refinancing your auto loan and bundling your home and auto insurance may help offset your monthly fuel bill so you can stay ahead of surging prices. Sources: http://www.eia.gov/petroleum/data.cfm#prices http://money.cnn.com/2008/03/10/news/economy/gas_prices/index.htm http://www.boston.com/business/ticker/2008/05/gas_prices_set.html http://en.wikipedia.org/wiki/1979_energy_crisis http://data.bls.gov http://www.foodtimeline.org/foodfaq5.html#mcdonalds http://money.cnn.com/2008/05/02/news/economy/milk_prices/index.htm http://humuch.com/detailspage.php?item_id=33&country_id=254&state_id=&city_id=¤cy =USD&time=&uom_type= http://forums.corvetteforum.com/c6-corvette-general-discussion/2545462- perspective-the- history-of-corvette-prices-in-2010-dollars.html http://nces.ed.gov/programs/digest/d07/tables/dt07_320.asp http://acidcow.com/pics/23072-how-the-times-have-changed-19pics.html http://www.wired.com/wired/archive/7.10/volunteers.html http://www.google.com/finance?q=NASDAQ%3AAAPL ©2012 Nationwide Mutual Insurance Company. All rights reserved. Nationwide Bank bas I REMEmber When 1962 n.. Thslorical prices of gaschne People love to talk about The Good Old Days-when reality TV meant Johnny Carson instead of Kim Kardashian, and a five dollar bill could buy you a tank of gas-but how much have things actually changed? You might be surprised by the spending power one dollar used to have. Compare prices over the last 50 years to find out how inflation has affected the cost of gas. 1962 Fuel price: $O.31 In 1962, a pair of Levi's jeans cost about $5.00. In 1964, a McDonald's hamburger cost $0.15. 1964 1967 Fuel price: $O.33 60000 A brand new 1970 Corvette cost about $5,200. 1970 1972 Fuel price: $0.36 In 1972, a ticket to see Oscar Best Picture winner 'The Godfather' cost about $1.70. 1977 Jood Fuel price: $0.65 In 1980, a loaf of Wonder Bread cost about $0.50. 1980 1982 Fuel price: $1.30 In 1979, the Iranian revolution interrupted crude oil production. Low supply drove fuel prices to record highs, resulting in the gas crisis of the early 80s. One year of room, board and tuition at a public, four-year university cost 1984 about S3,90O0 in 1984. 1987 Fuel price: S0.95 In 1991, the Super Nintendo video game console debuted in the U.S. at $199. 1991 1992 Fuel price: $1.3 In 1996, Internet provider AOL charged $19.99 per month for Internet use. Prior to the flat fee model, users paid AOL $3.50 for every hour spent online. 1996 1997 Fuel price: $1.23 In January of 1998, one share of Apple stock (AAPL) was valued at $3.25. It peaked in early 2012 at more than $600. 1998 2002 Fuel price: $1.36 2007 Fuel price: $2.80 In July 2008, the average gas price peaked at a record $4.09 due to the surging price of crude oil and low refinery capacity. 2008 2008 also saw milk prices peak at nearly $4.00 per gallon. The price reflected a spike in the price of corn meal cattle feed, which had doubled since the previous year. 2012 Fuel price: $3.61 The average cost of one year of room, board and tuition at a public, four-year university in 2012 is more than $15,000. vening movie ticket price in 2012 is almost $12.00. If you want to see the latest blockbuster in 3D or IMAX, add about $3.00. The average With the price of gas on the rise, wouldn't it be nice to save on your vehicle expenses? Refinancing your auto loan and bundling your home and auto insurance may help offset your monthly fuel bill so you can stay ahead of surging prices. Sources: http://www.eia.gov/petroleum/data.cfm#prices http://money.cnn.com/2008/03/10/news/economy/gas_prices/index.htm http://www.boston.com/business/ticker/2008/05/gas_prices_set.html http://en.wikipedia.org/wiki/1979_energy_crisis http://data.bls.gov http://www.foodtimeline.org/foodfaq5.html#mcdonalds http://money.cnn.com/2008/05/02/news/economy/milk_prices/index.htm http://humuch.com/detailspage.php?item_id=33&country_id=254&state_id=&city_id=¤cy =USD&time=&uom_type= http://forums.corvetteforum.com/c6-corvette-general-discussion/2545462- perspective-the- history-of-corvette-prices-in-2010-dollars.html http://nces.ed.gov/programs/digest/d07/tables/dt07_320.asp http://acidcow.com/pics/23072-how-the-times-have-changed-19pics.html http://www.wired.com/wired/archive/7.10/volunteers.html http://www.google.com/finance?q=NASDAQ%3AAAPL ©2012 Nationwide Mutual Insurance Company. All rights reserved. Nationwide Bank bas I REMEmber When 1962 n.. Thslorical prices of gaschne People love to talk about The Good Old Days-when reality TV meant Johnny Carson instead of Kim Kardashian, and a five dollar bill could buy you a tank of gas-but how much have things actually changed? You might be surprised by the spending power one dollar used to have. Compare prices over the last 50 years to find out how inflation has affected the cost of gas. 1962 Fuel price: $O.31 In 1962, a pair of Levi's jeans cost about $5.00. In 1964, a McDonald's hamburger cost $0.15. 1964 1967 Fuel price: $O.33 60000 A brand new 1970 Corvette cost about $5,200. 1970 1972 Fuel price: $0.36 In 1972, a ticket to see Oscar Best Picture winner 'The Godfather' cost about $1.70. 1977 Jood Fuel price: $0.65 In 1980, a loaf of Wonder Bread cost about $0.50. 1980 1982 Fuel price: $1.30 In 1979, the Iranian revolution interrupted crude oil production. Low supply drove fuel prices to record highs, resulting in the gas crisis of the early 80s. One year of room, board and tuition at a public, four-year university cost 1984 about S3,90O0 in 1984. 1987 Fuel price: S0.95 In 1991, the Super Nintendo video game console debuted in the U.S. at $199. 1991 1992 Fuel price: $1.3 In 1996, Internet provider AOL charged $19.99 per month for Internet use. Prior to the flat fee model, users paid AOL $3.50 for every hour spent online. 1996 1997 Fuel price: $1.23 In January of 1998, one share of Apple stock (AAPL) was valued at $3.25. It peaked in early 2012 at more than $600. 1998 2002 Fuel price: $1.36 2007 Fuel price: $2.80 In July 2008, the average gas price peaked at a record $4.09 due to the surging price of crude oil and low refinery capacity. 2008 2008 also saw milk prices peak at nearly $4.00 per gallon. The price reflected a spike in the price of corn meal cattle feed, which had doubled since the previous year. 2012 Fuel price: $3.61 The average cost of one year of room, board and tuition at a public, four-year university in 2012 is more than $15,000. vening movie ticket price in 2012 is almost $12.00. If you want to see the latest blockbuster in 3D or IMAX, add about $3.00. The average With the price of gas on the rise, wouldn't it be nice to save on your vehicle expenses? Refinancing your auto loan and bundling your home and auto insurance may help offset your monthly fuel bill so you can stay ahead of surging prices. Sources: http://www.eia.gov/petroleum/data.cfm#prices http://money.cnn.com/2008/03/10/news/economy/gas_prices/index.htm http://www.boston.com/business/ticker/2008/05/gas_prices_set.html http://en.wikipedia.org/wiki/1979_energy_crisis http://data.bls.gov http://www.foodtimeline.org/foodfaq5.html#mcdonalds http://money.cnn.com/2008/05/02/news/economy/milk_prices/index.htm http://humuch.com/detailspage.php?item_id=33&country_id=254&state_id=&city_id=¤cy =USD&time=&uom_type= http://forums.corvetteforum.com/c6-corvette-general-discussion/2545462- perspective-the- history-of-corvette-prices-in-2010-dollars.html http://nces.ed.gov/programs/digest/d07/tables/dt07_320.asp http://acidcow.com/pics/23072-how-the-times-have-changed-19pics.html http://www.wired.com/wired/archive/7.10/volunteers.html http://www.google.com/finance?q=NASDAQ%3AAAPL ©2012 Nationwide Mutual Insurance Company. All rights reserved. Nationwide Bank bas I REMEmber When 1962 n.. Thslorical prices of gaschne People love to talk about The Good Old Days-when reality TV meant Johnny Carson instead of Kim Kardashian, and a five dollar bill could buy you a tank of gas-but how much have things actually changed? You might be surprised by the spending power one dollar used to have. Compare prices over the last 50 years to find out how inflation has affected the cost of gas. 1962 Fuel price: $O.31 In 1962, a pair of Levi's jeans cost about $5.00. In 1964, a McDonald's hamburger cost $0.15. 1964 1967 Fuel price: $O.33 60000 A brand new 1970 Corvette cost about $5,200. 1970 1972 Fuel price: $0.36 In 1972, a ticket to see Oscar Best Picture winner 'The Godfather' cost about $1.70. 1977 Jood Fuel price: $0.65 In 1980, a loaf of Wonder Bread cost about $0.50. 1980 1982 Fuel price: $1.30 In 1979, the Iranian revolution interrupted crude oil production. Low supply drove fuel prices to record highs, resulting in the gas crisis of the early 80s. One year of room, board and tuition at a public, four-year university cost 1984 about S3,90O0 in 1984. 1987 Fuel price: S0.95 In 1991, the Super Nintendo video game console debuted in the U.S. at $199. 1991 1992 Fuel price: $1.3 In 1996, Internet provider AOL charged $19.99 per month for Internet use. Prior to the flat fee model, users paid AOL $3.50 for every hour spent online. 1996 1997 Fuel price: $1.23 In January of 1998, one share of Apple stock (AAPL) was valued at $3.25. It peaked in early 2012 at more than $600. 1998 2002 Fuel price: $1.36 2007 Fuel price: $2.80 In July 2008, the average gas price peaked at a record $4.09 due to the surging price of crude oil and low refinery capacity. 2008 2008 also saw milk prices peak at nearly $4.00 per gallon. The price reflected a spike in the price of corn meal cattle feed, which had doubled since the previous year. 2012 Fuel price: $3.61 The average cost of one year of room, board and tuition at a public, four-year university in 2012 is more than $15,000. vening movie ticket price in 2012 is almost $12.00. If you want to see the latest blockbuster in 3D or IMAX, add about $3.00. The average With the price of gas on the rise, wouldn't it be nice to save on your vehicle expenses? Refinancing your auto loan and bundling your home and auto insurance may help offset your monthly fuel bill so you can stay ahead of surging prices. Sources: http://www.eia.gov/petroleum/data.cfm#prices http://money.cnn.com/2008/03/10/news/economy/gas_prices/index.htm http://www.boston.com/business/ticker/2008/05/gas_prices_set.html http://en.wikipedia.org/wiki/1979_energy_crisis http://data.bls.gov http://www.foodtimeline.org/foodfaq5.html#mcdonalds http://money.cnn.com/2008/05/02/news/economy/milk_prices/index.htm http://humuch.com/detailspage.php?item_id=33&country_id=254&state_id=&city_id=¤cy =USD&time=&uom_type= http://forums.corvetteforum.com/c6-corvette-general-discussion/2545462- perspective-the- history-of-corvette-prices-in-2010-dollars.html http://nces.ed.gov/programs/digest/d07/tables/dt07_320.asp http://acidcow.com/pics/23072-how-the-times-have-changed-19pics.html http://www.wired.com/wired/archive/7.10/volunteers.html http://www.google.com/finance?q=NASDAQ%3AAAPL ©2012 Nationwide Mutual Insurance Company. All rights reserved.

Rising Gas Prices: Discover How Historical Gas Prices Have Changed Over Your Lifetime

shared by cgcotton on Jun 28
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Do you remember when a McDonald’s hamburger cost just $0.15? Or when movie tickets to see new releases were under $2? Common commodities like these are not the only purchases affected by inflation t...

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