"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
Not to mention, we bought it from the Arabs for about $2 a barrel.
You're so naive. Peak oil? Give me a break! Hello chicken little!
All true, I was merely stating a fact of life. If you will notice my original post also stated pay rates were a lot lower then so 25 and 30 cent gas wasn't as cheap as it sounds now.