In the 1950s and 1960s Gas hovered around 25 to 30 cents a galleon with occansional(sometimes frequent) gas wars that dropped it to around 15 cents. Oh, for the good old days:)Of, course I was only making about 3 bucks an hour in 1962, but still I supported my family on it and my wife didn't have to work either.
"In the 1950s and 1960s Gas hovered around 25 to 30 cents a galleon with occansional(sometimes frequent) gas wars that dropped it to around 15 cents. Oh, for the good old days"
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yep and you could drill on dry land at low depth to get oil now days it takes 100 mil to drill in 5000 feet of ocean..the good land based oil wells have gone dry and we drill wells to 20,000 feet where in 50's we were drilling to 2000 feet or so. Peak oil is here
In 1972 I worked a 102Hr/week for the salary of $150 and my boss refused to give me a $25/wk raise to help with our new baby. Since I was part of "management" I was only eligible for an annual raise on my anniversary date.