Quote:
Originally Posted by Hatterasguy
Read the article that was addressed.
"Note that these are not inflation adjusted, so some upward slope would be expected just because of the slow rise in prices. Inflation from 1990 through 2010 was around 2.7%. The first full year of data is 1991, when gas prices averaged $1.10/gallon. Had they risen by 2.7%/year, they would be $1.87 today. I don’t know if you’ve filled up lately, but they’re a little higher than that!"
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The weak dollar is only part of it, but energy prices are increasing (as they should) on the world market. The prices in the US will level off when they eventually get up to a reasonable level.