Timing Chain Recommendation?
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Re: Timing Chain Recommendation?
clem-------
As I've said before, on an inflation-adjusted basis, gas is not much more expensive today than it was back then. Folks tend to think of 30 cent a gallon gasoline in the context of today's much inflated economy. Sure, if gasoline was still 30 cents a gallon that would really be cheap. Back in those days a Corvette cost about $4,500 and that was a LOT of money. Today, Corvettes cost 10 times that much and gas costs 10 times as much as it did then. So, if one thought it was a bargain at 30 cents a gallon, one should think it's a bargain at $3.00 a gallon. It's just that back then we didn't think that gas was cheap at 30 cents a gallon.
I remember when I was in high school and worked in a gas station, a fellow used to come in with a 1963 Impala with a 425 hp 409. It was black with American mags and it was jacked up all the way around (not like today's grotesque "monster trucks"; just a nice 3", or so). He used to have this great looking gal sitting just about as close to him as one could get. I even remember his name---it was Alan Orlando and he lived on Vanderbilt Street, not far from the gas station. Anyway, he used to come in and always buy 2 bucks worth of Chevron Custom Supreme. That was about 5-1/2 gallons. As he pulled out of the station I used to always wonder just how far he was going to get with that gas? Probably about 50 miles, I figured. Maybe less.- Top
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Re: Timing Chain Recommendation?
Actually, in 1964 when I worked in the gas station, Chevron Supreme sold for 37.9 cents per gallon. In fact, I have an old gas receipt around here somewhere showing that. During gas wars it would go below that but most of the time it was 37.9. Today, adjusted for inflation, that would be about $2.68. Things like tax increases are figured into the inflation rate. Just recently, I saw on TV that the average price per gallon in the US last week was something like $2.83/gallon. So, we're not too far off that mark.
The strange thing is that in 1964, oil was about 3 bucks a barrel. Today, it's about 80 bucks a barrel or about 27 times as much. So, oil has gone up by 27 times but gasoline has only gone up by less than 10 times.In Appreciation of John Hinckley- Top
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Re: Timing Chain Recommendation?
clem------
Actually, in 1964 when I worked in the gas station, Chevron Supreme sold for 37.9 cents per gallon. In fact, I have an old gas receipt around here somewhere showing that. During gas wars it would go below that but most of the time it was 37.9. Today, adjusted for inflation, that would be about $2.68. Things like tax increases are figured into the inflation rate. Just recently, I saw on TV that the average price per gallon in the US last week was something like $2.83/gallon. So, we're not too far off that mark.
The strange thing is that in 1964, oil was about 3 bucks a barrel. Today, it's about 80 bucks a barrel or about 27 times as much. So, oil has gone up by 27 times but gasoline has only gone up by less than 10 times.- Top
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