Gasoline in the 30's and 40's

[Karl]

Originally Posted by Model51

I think the license plate on the left of the picture has a 1940 date. If so, and using the Bureau of Labor Statistics inflation calculator, that 15.4 cent gas is the equivalent of $3.48 today.

I read somewhere that if you take any major commodity and compare its relative price with 50 years ago it is cheaper (relatively) now to what it was then.