In the 70s an unexpected problem arose. The price of gasoline went to over a dollar. Well yes, it was a problem that caused many problems, especially in a world of approximately 30 cent fuel.
Suddenly, people were playing over 3 times as much, when they could find it. But it caused an odd, unexpected problem for those selling it. I remember it first hand. I was there.
Some dealt with the problem by selling gasoline by the liter. Some simply painted a one in front of that portion indicating the price and the cost of the sale.
Of course, now, very few expect $10 gasoline. However, that would only require a little more than doubling. Back in the 1970s, it more than trippled. One day it was 30 cents. 6 or 7 months later, it was 1.10 and climbing.
That was when we could find stuff. With it going up so fast, I suspect some held onto it as an investment comodity. They could not resist holding onto a few thousand gallons knowing the price will go up 3 or 4 percent in a month. In itself, this would drive the prices up.
Those of us buying the gas, dealt with the problem in three basic ways. We drove less. We pumped our own gas and we stayed away from name brands. Before, I bought only Standard and Chevron gas. After, all I looked at was the price.
Then again, frequently, we settled for accessibility. Many stations were out of gas or claimed to be. Some stations had 2 hour lines. Then they’d sell out on the car 2 cars in front of me.
In the long term, we bought smaller cars with smaller less powerful engines. It meant putting up with rougher rides in cramped environments and much less trunk space.
So now, the price of gas flirts with 4 dollars a gallon, we lack these methods we used last time around. I already buy Mapco gas. I pump my own fuel and my little 100 hp motor has problems with steep grades and I can forget toeing even a small trailer. A boat or travel trailer is out of the question. I’m already considering one of those Flintstone cars powered by foot power.
I suspect most of us would prefer that gas stay down perhaps to the 2 dollar range. For that reason, if nothing else, I’d strongly suggest firing all those dems in Congress, House and Senate. Most of them like the thought of 10 dollar gas. They want us to buy the more expensive, smaller electric cars, which do little or nothing to decrease “green gasses.” Actually, they’d prefer we walk, ride bikes, buses or trains while they ride in chauffeured luxury cars or fly around in private jets.
So, unless you like bicycling &+ buying gas by the liter, you might want to vote Republican. You might want to encourage your friends to vote Republican. You might even want to encourage your advisories to vote Republicans.
Paying 10 dollars a gallon is more than crazy. It’s crazy nuts. Then again, $2.50 a liter might sound better, but it won’t help the budget one iota. Indeed, just as I saw in the 70s, the price of everything will go up to match the increase in the cost of energy.