History of gas prices
Life was simple in 1919. Long commutes to work were not common, two-car garages were unheard of, and rush hours didn’t exist. Not only that, but owning a car was about as strange as owning a jet pack today. People didn’t worry about gas prices in 1919 like we stress about it today, but if they did they could breath easily because gas was only 25 cents per gallon. The history of gas prices is long and confusing, but today we are paying almost three dollars more a gallon than we were even 12 years ago.
Today the average gas price in Dayton Ohio is $3.65. In the 1960s the gas price from 1919 had only risen about 5 cents. Today gas prices can raise more than five cents over one night. So what is the reason for this rise in gas price? We have answers for you and solutions to the best way to save at Matt Castrucci Nissan.
In the early 1900s the demand for a car was little to none. As technology started growing at a faster rate and families began to have more places to go the demand grew for not only one car per family but two. Today it is common for a family to have two cars and then three when the kids are old enough to drive. This is quite a jump from the early 1900s when owning even one car was a luxury.
This demand for cars is one definite reason for increased gas prices. Because everyone needs to drive in today’s world to get to work and other activities there is no getting around buying gas. Also, oil is becoming as rare as finding gold. Soon all the oil will be used up and we will have to use alternative modes of power to fuel our vehicles.
Another reason for these rising gas prices is where the oil is coming from. We have to import oil a long way from the middle east Asia to the United States, this trek undoubtedly increases the price, especially in a time of turmoil in this area of the world.
The price of gas is always fluctuating but you can guarantee a rise in price during the upcoming summer holidays. Don’t let this get you down, come to Matt Castrucci Nissan, and we will fix you up with a car that is gas efficient so your money woes will be no more when you go to the pump.
