Sure. It's not expensive. Sure.
Back to $74.60 a barrel for sweet crude today.
"Sure. It's not expensive. Sure."
Relatively speaking, it's not.
In 1982 the base price of a Mustang GT was $8400. Gas was about $1.25 a gallon. Average home price was $83,900.
Now a house costs $265,000, a base Mustang GT costs about $26,000 and gas averages $2.85 a gallon.
Of those, the price of gas has risen the least.