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                Windsurfing at Palo Alto in SF Bay in May 2009
Inflation Adjusted Gasoline Prices
 
Gas Prices Adjusted for Inflation from 1980 to now
Kirk
                Windsurfing at Coyote Point November 2009
Charts and current price quote for Crude Oil Prices

Current Gas Prices
 

 
November 13, 2013:  Gasoline Prices adjusted for inflation are down significantly from their recent highs.  A slow global economy plus new supply in the US from "fracking" while tensions in the Middle East have returned to their normal simmer have all helped to push inflation adjusted oil prices to lows not seen in well over a year.

From Chartoftheday.com1
Today's chart provides some long-term perspective in regards to gasoline prices by presenting the inflation-adjusted US price of one gallon of gasoline since 1980. There are a couple points of interest from today's chart. For one, Middle East crises are often associated with major swings in the price of gasoline. Also, gasoline price spikes have often occurred prior to an economic downturn. It is also worth noting that gasoline prices have declined $0.65 per gallon over the past eight months -- a relative positive for both the economy and corporate earnings going forward.
Chart of Oil Prices Adjusted for                          Inflation

gas prices history
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Note 1.  Source: Chart of the Day  "Journalists and bloggers may post the above free Chart of the Day on their website as long as the chart is unedited and full credit is given with a live link to Chart of the Day at http://www.chartoftheday.com."

Charts and current price quote for Crude Oil Prices

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Disclaimer:  The information contained in this web site is not intended to constitute financial advice, and is not a recommendation or solicitation to buy, sell or hold any security. This blog is strictly informational and educational and is not to be construed as any kind of financial advice, investment advice or legal advice. Copyright © 2013 Kirk Lindstrom. Note: "CORE & Explore®" was coined by and is a registered trademark of Charles Schwab & Co., Inc.