Chart of the Day: Gas Prices Over Time

Here’s two charts of gas prices over time, one showing nominal dollars and one showing real dollars (adjusted for inflation.)

(The second chart is from that Millennial report I mentioned last week.)

Everyone’s talking about how gas prices are low, but everything’s relative. (Also, because the the oil market is closely linked with the dollar, the US might have a different perspective on gas prices than other countries with other currencies… or so my economist friends tell me.)

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