We can adjust to a 50% increase if it's slow enough! what a load of rot. petrol prices have doubled over the last 10 years or so
smac,
Aug 24, 6:23am
So he's right then.
dajoki,
Aug 24, 7:25am
When I started work back in the early 70's petrol was about 15 litres for $1 and working as a labourer my hourly rate was equivilent to 10 litres an hour. But back then I could buy 3 big jugs of beer [not those pissy little one's of today] for a $1.
toyboy3,
Aug 24, 9:06am
Gee you must be old
mrfxit,
Aug 24, 10:26am
Nuh hes full of crud. Started driving legally in 1975 Petrol was 48 CENTS per GALLON (4.5 litres) 50 cents for the picture theater Cheap lollys at 5 for a 1 cent 600ml milk bottles were 4 cents each (exchange) My dairy factory wage's started at $50 per week Beer crates (12 bottle) were about $8 $10 on grocery's got you a full large shopping trolley
I remember the town screaming when milk went from 3 cents to 4 cents a bottle
1968 Parents paid $12,000 for a full 1/4 acre section & large 3 bedroom house in the middle of town
mrfxit,
Aug 24, 10:32am
Adjusting for inflation does not in reality equal buying power per $. Weights/ quality / size/ volumes/ tech per $ were very different
At $50 per week, I was doing pretty good for a wage & filling up the car for a trip simply DIDN'T factor in to the expenses. Thought nothing of chucking $5 in the car to go between Thames & Hawera. Now have to have a blimin good reason to go to Huntly from Hamilton
smac,
Aug 24, 10:51am
Ahh but this is where people look back with rose coloured glasses.
You're saying (I think) gas is worth (relatively) more now.
But you also say you'd think nothing of putting half a weeks grocery money into the car for petrol ($5). Really!! Seems to me from the numbers you've given that gas is worth about the same or perhaps a bit less.which is what the article was saying.
mrfxit,
Aug 24, 11:40am
This bit . "Weights/ quality / size/ volumes/ tech per $ were very different "
Rose tinted or not, I can't afford to travel much these days & certainly not with the same frivolous attitude that I used to back in the early 70's
Return Hawera to Hamilton for a day trip & burger/chips was not even worth the effort of thinking up a reasonable reason to go . we simply DID IT.
Buying power including volumes of what you got for the $$ is whats hurting me 48 cents per gallon = 9.3 cents per litre. Was readily accepted that you could drop in 20 cents worth of gas if you were feeling a little tight. Now the pumps get snotty & have written on them a set minimum of $2.
mrfxit,
Aug 24, 11:42am
Hawera to Thames = $5 gas low flying in a 1500cc car with 3 adults. Yea that was worth half a weeks grocerys
elect70,
Aug 24, 1:01pm
When my eldest bro got his first cara vauxaul 101petrol was only 3 pence a gallonso he used totake rest of usfor sunday drivesevery weekend.
pge,
Aug 24, 7:39pm
In 1962/3, petrol THEN was 2/9½, I used to serve 8 gallons for 1 Guinea (£1/1/0) at a gas station on the corner of Armagh and Manchester sts in Christchurch.
The Victor FC)101) came out in 1964, I am pretty sure petrol had by then risen to 3/2½.
pebbles61,
Aug 24, 7:50pm
"Also people now buy cars that are far more efficient than the ones available even a decade ago, so the cost of driving per kilometre has not risen as substantially"
Speak for yourself mate lol
thejazzpianoma,
Aug 24, 7:52pm
When was the fuel crises! I thought 1981 (which the article was quoting) wasn't that long after the crazy oil prices of the 70's. I would have thought fuel would have been colossally expensive then considering things had got as bad that the government introduced carless days.(which ended about 1980!)
969pnz,
Aug 24, 7:54pm
Yep, and coin operated pumps! A pocket full of 50 cent coins would let you cruise all night at 48 cents per gallon
a18a,
Aug 24, 8:03pm
so us young ones, in 50 years time can look back and say to our grandchildren "yep, back in my day petrol only used to be $3 a litre!"
thejazzpianoma,
Aug 24, 8:03pm
Bearing in mind that 50c in the mid 70's is pretty much bang on $5 in todays money.
That must have been a real shock going from 50c a gallon to nearly 60c a litre in just a few years. That must be around a 500% increase (feel free to correct me I can't be bothered working it out exactly tonight)
thejazzpianoma,
Aug 24, 8:06pm
If the next 50 go like the last inflation wise fuel would be about $120 a litre by then (almost exactly I calculated). However, that does not take peak oil, the global financial crises and alternative fuels into account.
Yep,but we didnt stop using it! Difference mainly was income,getting 300+ in the pocket (lots of O/T at time & a half then double time), no mortgage to worry about.
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