- Jun 3, 2002
Correct. People have difficulty looking beyond the past 5 years and mostly have blinders on. Our entitlement tendency adds to the problem.
I paid $2.99 at Costco here in South Carolina yesterday.I think the fuel itself is pretty cheap and had gone up less than the rate of inflation since 1973
Gas prices are determined by state and local taxes.
This graph ends just before the Covid dip and current rebound.