I read somewhere, that if gasoline had followed the Consumer Price Index, it would be around $3.25 a gallon. So I guess it is still a bargain. I remember my dad complaining when he had to pay .19 a gallon for fuel oil, to heat our house back in the 60's. He pushed the panic button when it went to .50, and installed a woodburning furnace. I've been cutting firewood and heating that way ever since.
I would be more comfortable with prices in the $1.30-$1.50 range. Even more comfortable if they were in the .30-.40 range.
