I remember “gas wars” very well. My all-time lowest price was 19¢ at a station in Columbia, Missouri around 1971. There’s nothing like record low prices while you are in college!
I was making about $1.60 per hour at the time, so a gallon of as gas was about 12% of my wage. Gas at $4.50/gallon and a $10 wage is 45%.
So, in real terms, gas is about 4X higher today under Biden.
***My all-time lowest price was 19¢ at a station in Columbia, Missouri around 1971.***
I remember those days! It got down to 14 cents a gallon where we lived.
I remember when I work at a full service station. The gas was about .50 a gallon. Check the fluids, tires and clean the windows. It was a good job for a 14 year old.