TheCarSource.com Shelby Mustang List ------------------------------------ I saw gas for $2.48 a gallon on my drive home from work, I live in Paducah, Ky. The problem is in 1991 gas was $1.19 when I lived in Orlando, Fl. I moved to Los Angeles in 1998 gas was around $1.29. In 2002 I moved to Paducah and it was $1.19. So I don't think we should be cheering about gas dropping from well over $3.00 a gallon to $2.48... we should be saying "Dammit! Gas is $2.48 a gallon!" Carl __________________________________________________ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com _______________________________________________ ShelbyMustang mailing list Send email to ShelbyMustang (AT) thecarsource (DOT) com Membership Administration http://thecarsource.com/mailman/listinfo/shelbymustang_thecarsource.com Group Web Page http://www.thecarsource.com/shelbymustang
TheCarSource.com Shelby Mustang List ------------------------------------ Carl: Interesting thought, but some other factors needs to be considered in this equation. In the years you cite, 1991, 1998, 2002, 2006, as a percentage of each of our incomes (break it down to an hourly rate), how do today's gasoline prices stack up? Bet today's prices are a bargain to many! I wonder if part of the problem is that we in North American have become used to artificially low gas prices, an endless supply of petroleum that we controlled and vehicles that are not exactly gas sippers. And then some nasty comparisons. As compared to bottled water at $1.00 and up per 1/2 liter, beer, alcohol, (don't know those prices because I don't buy those products), etc. etc., gasoline is a bargain at whatever price we are paying per gallon. But I still complain at the high price of gas as we all do. Just some random thoughts to consider this Labor Day weekend. Have a great holiday. Ron ----- Original Message ----- From: "Carl McNew" <indy_carl50 (AT) yahoo (DOT) com> To: "Shelby list" <shelbymustang (AT) thecarsource (DOT) com> Sent: Sunday, September 03, 2006 12:27 AM Subject: [Shelbymustang] "Dammit! Gas is $2.48 a gallon!" > TheCarSource.com Shelby Mustang List > ------------------------------------ > I saw gas for $2.48 a gallon on my drive home from work, I live > in Paducah, Ky. The problem is in 1991 gas was $1.19 when I > lived in Orlando, Fl. I moved to Los Angeles in 1998 gas was > around $1.29. In 2002 I moved to Paducah and it was $1.19. So > I don't think we should be cheering about gas dropping from well > over $3.00 a gallon to $2.48... we should be saying "Dammit! Gas > is $2.48 a gallon!" > > Carl > > __________________________________________________ > Do You Yahoo!? > Tired of spam? Yahoo! Mail has the best spam protection around > http://mail.yahoo.com > > _______________________________________________ > ShelbyMustang mailing list > Send email to ShelbyMustang (AT) thecarsource (DOT) com > Membership Administration > http://thecarsource.com/mailman/listinfo/shelbymustang_thecarsource.com > Group Web Page http://www.thecarsource.com/shelbymustang _______________________________________________ ShelbyMustang mailing list Send email to ShelbyMustang (AT) thecarsource (DOT) com Membership Administration http://thecarsource.com/mailman/listinfo/shelbymustang_thecarsource.com Group Web Page http://www.thecarsource.com/shelbymustang
TheCarSource.com Shelby Mustang List ------------------------------------ Carl- "Ah feel your pain" as the ex Pres. from Arkansas would say but try to rationalize that, in '66, a new Mustang was around $2,500. Today, a comparable Mustang is around $25,000...10X. Gas was around $.65/gal. back then and today, it's $2.50...less than 4X. Yes, there's more to a new Mustang today, but you get my point. Regards, Stan ----- Original Message ----- From: "Carl McNew" <indy_carl50 (AT) yahoo (DOT) com> To: "Shelby list" <shelbymustang (AT) thecarsource (DOT) com> Sent: Sunday, September 03, 2006 12:27 AM Subject: [Shelbymustang] "Dammit! Gas is $2.48 a gallon!" > TheCarSource.com Shelby Mustang List > ------------------------------------ > I saw gas for $2.48 a gallon on my drive home from work, I live > in Paducah, Ky. The problem is in 1991 gas was $1.19 when I > lived in Orlando, Fl. I moved to Los Angeles in 1998 gas was > around $1.29. In 2002 I moved to Paducah and it was $1.19. So > I don't think we should be cheering about gas dropping from well > over $3.00 a gallon to $2.48... we should be saying "Dammit! Gas > is $2.48 a gallon!" > > Carl > > __________________________________________________ > Do You Yahoo!? > Tired of spam? Yahoo! Mail has the best spam protection around > http://mail.yahoo.com > > _______________________________________________ > ShelbyMustang mailing list > Send email to ShelbyMustang (AT) thecarsource (DOT) com > Membership Administration http://thecarsource.com/mailman/listinfo/shelbymustang_thecarsource.com > Group Web Page http://www.thecarsource.com/shelbymustang _______________________________________________ ShelbyMustang mailing list Send email to ShelbyMustang (AT) thecarsource (DOT) com Membership Administration http://thecarsource.com/mailman/listinfo/shelbymustang_thecarsource.com Group Web Page http://www.thecarsource.com/shelbymustang
TheCarSource.com Shelby Mustang List ------------------------------------ In a message dated 9/3/2006 9:21:05 AM Pacific Daylight Time, SSIMM (AT) triad (DOT) rr.com writes: > "Ah feel your pain" as the ex Pres. from Arkansas would say but try to > rationalize that, in '66, a new Mustang was around $2,500. Today, a > comparable Mustang is around $25,000...10X. Gas was around $.65/gal. back > then and today, it's $2.50...less than 4X. I'm with you on the car price comparo, but I was pumping gas for Chevron from 66 to 71, and in 66 ("if memory serves") regular was around $.25/gal...and even the "white pump" super premium was only about $.32/gal. That puts us back in the "10X" range, eh? The thing that's more telling (to me) is that Chevron was paying me between $2.50 - $3.50/hour...and whatever today's station workers are being paid, I'll bet it's way under $25 to $30/hr. Of course, we did basic TBA installation & service work too...do the folks at Goodyear shops make $25-$30/hr these days? Dave _______________________________________________ ShelbyMustang mailing list Send email to ShelbyMustang (AT) thecarsource (DOT) com Membership Administration http://thecarsource.com/mailman/listinfo/shelbymustang_thecarsource.com Group Web Page http://www.thecarsource.com/shelbymustang
TheCarSource.com Shelby Mustang List ------------------------------------ Oh...and I would be happy to pay $2.48 around here. How sick is that? bob _______________________________________________ ShelbyMustang mailing list Send email to ShelbyMustang (AT) thecarsource (DOT) com Membership Administration http://thecarsource.com/mailman/listinfo/shelbymustang_thecarsource.com Group Web Page http://www.thecarsource.com/shelbymustang
TheCarSource.com Shelby Mustang List ------------------------------------ The whole thing is a conspiracy by the water people. Back when people complained that the cost of a bottle of water was as much as a gallon of gas. the water companies hatched a plan to keep the cost of gas rising so the price of their water looked good. bob _______________________________________________ ShelbyMustang mailing list Send email to ShelbyMustang (AT) thecarsource (DOT) com Membership Administration http://thecarsource.com/mailman/listinfo/shelbymustang_thecarsource.com Group Web Page http://www.thecarsource.com/shelbymustang
TheCarSource.com Shelby Mustang List ------------------------------------ I filled up my 2005 Mustang GT yesterday at $2.94 a gallon for 87 octane and it runs fine on it. My old 86 GT would detonate on 89 octane. When I moved to LasVegas in 1998 most of the 76 stations sold 100 octane gas that I felt was so damn expensive I would only put half a tank at a time in my 67 GT500 that I used to own. That 100 ocatane gas was $3.49 a gallon and has not been available for over a year now - my how times have changed! Bernie Smith 69 GT500 #0018 _______________________________________________ ShelbyMustang mailing list Send email to ShelbyMustang (AT) thecarsource (DOT) com Membership Administration http://thecarsource.com/mailman/listinfo/shelbymustang_thecarsource.com Group Web Page http://www.thecarsource.com/shelbymustang
TheCarSource.com Shelby Mustang List ------------------------------------ Bob: I think you got it! I just knew there was a conspiracy afoot. Ron ----- Original Message ----- From: RSANTER (AT) aol (DOT) com To: ronald.robertson (AT) sympatico (DOT) ca ; indy_carl50 (AT) yahoo (DOT) com ; shelbymustang (AT) thecarsource (DOT) com Sent: Sunday, September 03, 2006 3:00 PM Subject: Re: [Shelbymustang] "Dammit! Gas is $2.48 a gallon!" The whole thing is a conspiracy by the water people. Back when people complained that the cost of a bottle of water was as much as a gallon of gas. the water companies hatched a plan to keep the cost of gas rising so the price of their water looked good. bob _______________________________________________ ShelbyMustang mailing list Send email to ShelbyMustang (AT) thecarsource (DOT) com Membership Administration http://thecarsource.com/mailman/listinfo/shelbymustang_thecarsource.com Group Web Page http://www.thecarsource.com/shelbymustang
TheCarSource.com Shelby Mustang List ------------------------------------ Dave- I stand corrected. You're right. When I moved from Wichita in June 1973, I recall that gas was .65/gal. Then, the gas crisis set in and it was hard to find it, much less pay fo it. I lived in Dallas back in '66 and it was, as you say, around $.25-$.30/gal. so the 10x comparo is dead-on. Regards, Stan ----- Original Message ----- From: DLen1261 (AT) aol (DOT) com To: shelbymustang (AT) thecarsource (DOT) com Sent: Sunday, September 03, 2006 2:49 PM Subject: Re: [Shelbymustang] "Dammit! Gas is $2.48 a gallon!" TheCarSource.com Shelby Mustang List ------------------------------------ ------------------------------------------------------------------------------ In a message dated 9/3/2006 9:21:05 AM Pacific Daylight Time, SSIMM (AT) triad (DOT) rr.com writes: "Ah feel your pain" as the ex Pres. from Arkansas would say but try to rationalize that, in '66, a new Mustang was around $2,500. Today, a comparable Mustang is around $25,000...10X. Gas was around $.65/gal. back then and today, it's $2.50...less than 4X. I'm with you on the car price comparo, but I was pumping gas for Chevron from 66 to 71, and in 66 ("if memory serves") regular was around $.25/gal...and even the "white pump" super premium was only about $.32/gal. That puts us back in the "10X" range, eh? The thing that's more telling (to me) is that Chevron was paying me between $2.50 - $3.50/hour...and whatever today's station workers are being paid, I'll bet it's way under $25 to $30/hr. Of course, we did basic TBA installation & service work too...do the folks at Goodyear shops make $25-$30/hr these days? Dave ------------------------------------------------------------------------------ _______________________________________________ ShelbyMustang mailing list Send email to ShelbyMustang (AT) thecarsource (DOT) com Membership Administration http://thecarsource.com/mailman/listinfo/shelbymustang_thecarsource.com Group Web Page http://www.thecarsource.com/shelbymustang _______________________________________________ ShelbyMustang mailing list Send email to ShelbyMustang (AT) thecarsource (DOT) com Membership Administration http://thecarsource.com/mailman/listinfo/shelbymustang_thecarsource.com Group Web Page http://www.thecarsource.com/shelbymustang
TheCarSource.com Shelby Mustang List ------------------------------------ Stan and all, You're on the right track here, but it's actually a better story than that if you look at the consumer price index. Take a high priced area like the North East; I live on Long Island (NY) where gas has been hoovering around $3.15 for regular until this past weekend. I've seen regular from $2.85 - $3.00. That doesn't help me much because except for my Expedition; all my Mustangs use premium which still costs $3.15 - 3.25 per gallon. But anyway, 1980 is one of the Consumer Price Index years. In 1980, I remember gas was about $1.25 at the cheapest "Hess" station I could find (corner of Stony Brook Road and Route 347 for the locals). For a college student at the time (driving a '68 Mustang of course), the jump from $0.75/gallon to $1.25 (67%) was staggering and hard to afford on my meager earnings. Then, the price of gas went down steadily in the 1980's and stayed pretty low in the 1990s. Gas went down, yet everything else (food, houses, cars, salaries, etc.) went up. Why? Had something to do with supply and demand, and a government that encouraged high supply (refinery production). I'm not a politician or a rocket scientist, but it doesn't take much to see that if there is more supply than demand the price will fall. It turns out that we in North America are so dependant and tied in to this particular comodity (oil/gas), that high prices send shock waves through the economy, while low prices seem to cure all. So, even in a high priced and highly taxed area like NY, gas stayed under $1.00/gal from 1983 - 1998. In some areas, the price of gas was under $1.00/gal for 20 years! Can you name another comodity (or any item) that decreased in price 20-40%, and stayed that way for 20 years? I mentioned the Consumer Price Index before, because it allows us to talk about value instead of price - in other words, comparing apples to apples. Gas would have to go over $4.00/gal to hit the same level it was in 1980. In value terms, gas here in America is still cheap. Just ask anyone in Europe (I go there frequently for business). In the spring, gas was a little more than 1 British Pound Sterling per litre. Figuring a little less than 4 litres per gallon, and figuring a little less than $2 to the Pound, gas in the UK costs almost $8.00 per gallon. Probably a little less now. Comparing with our own Consumer Price Index, it's still at a discount from where it was 25 years ago. Have you noticed any less cars on the road? People not buying new cars at all - prices dropping? Old car prices dropping? People taking their bikes to work? Or my favorite - a sudden explosion of people on mass transit? No, no, no and no. Maybe we're spoiled. Or maybe it's time we seriously explored alternative fuels. John Dettori 2001 SVT Cobra Smithtown, NY 11787 1986 Mustang SVO jdettori (AT) optonline (DOT) net 1967 Shelby GT350 1967 Mustang GT Vert _______________________________________________ ShelbyMustang mailing list Send email to ShelbyMustang (AT) thecarsource (DOT) com Membership Administration http://thecarsource.com/mailman/listinfo/shelbymustang_thecarsource.com Group Web Page http://www.thecarsource.com/shelbymustang
