Talk of The Villages Florida - View Single Post - Inflation
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Old 11-26-2021, 08:40 AM
Jgg7933 Jgg7933 is offline
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Well it wasn't quite that low. Click link for historical info for the U.S. by year. Its also important to remember "THERE WAS A PANDEMIC"! Nobody was traveling, planes were not flying etc, etc and oil was trading for below ZERO! Maybe that had something to do with the lower prices last November? Look at the data on the attached for yourselves. Yes, Gas is higher than normal but it is not absurd in price. Last November Gas nationally was $2.20 but for an "apples to apples" comparison you have to go back to November 2019 where it was $2.69. Back in 2011- 2013 gas was at its highest on this chart.

https://www.eia.gov/dnav/pet/hist/Le...te_nus_dpg&f=m