Gas price check
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Prices back up, but some historical perspective might be appropriate:
Q: Considering the price of gasoline today, how does it compare to that price in 1960, inflation adjusted?
A: In 1960, the average U.S. retail price of gasoline was about $0.29–$0.31 per gallon.
Today (late April 2026), the national average for regular unleaded gasoline is roughly $4.00–$4.23 per gallon, with recent reports around $3.95–$4.23 depending on the exact date and source (e.g., AAA averages)....
Today's price ($4.00+) is higher than the inflation-adjusted 1960 price by roughly $0.50–$0.75 per gallon (about 15–20% more in real terms).
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Q: Okay, considering the improvement in fuel economy in automobiles, what is the relative, inflation-adjusted cost of driving 100 miles?
A: Driving 100 miles costs ~25–30% less in real (inflation-adjusted) terms today than in 1960, primarily due to ~50–80% better average fuel economy (depending on exact 1960 baseline). Even at today's higher real gas prices, efficiency improvements dominate.
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I wonder how those prices would pan out with state and local taxes not in consideration.
In Massachusetts the total tax on a gallon of gas is roughly 45 cents a gallon, so about 10%.
Or 8000% if you use Trump's patented method of calculation. If it wasn't for the tax they'd be giving you money and quite possibly an adult massage whilst you filled your car.
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Senator Hawley (R - MO) has a bill to pause the federal gas tax for up to six months.
Hey @andrea-b , is there any shame in
?Senator Hawley (R - MO) has a bill to pause the federal gas tax for up to six months.
Hey @andrea-b , is there any shame in
?Probably better than depleting the strategic petroleum reserve.
And to your question, no. Why should there be any shame associated with lowering taxes?
I love you long time.
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