July 18th, 2005

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Oil and gas prices, adjusted for inflation

Every time I hear someone complain about the price of gasoline, I wonder: how do today's prices really compare to the prices of the crises in the 1970s? Today, I happened to stumble upon not one, but two different charts of this data, adjusted for inflation:

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One side benefit to being a one-job family: we're using less than half the gasoline we did before. :)