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Article #7992

Re: Why do they keep calling it "unleaded"?

#7992
From: Danny Low
Date: Tue, 27 Sep 2005 22:03
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On Tue, 27 Sep 2005 15:08:20 +0000 (UTC), hubcap <hubcap@clemson.edu>
wrote:

>After Katrina, when prices went above $3.00, there was a sign
>on each of the pumps about how the dollar amount showing on
>the pump was only half what you really owed, since the pumps
>only went up to $3.00. I realize 99% of places where
>you buy gas couldn't get away with that, thank God I live
>in a laid-back place where it is Okey-Dokey...

Actually this was very common after the 1973 oil crisis. The price of
gas rose so high so quickly that the existing pumps could not
correctly show the price of the gas. Back in those days, 99 cents per
gallon was as high as most pumps could go and when the price went
above $1 per gallon, the common practice was to show the price per
half gallon. 

Back then the experts were saying the price of gas would go to $1.50
within a couple of years and could reach $5 per gallon by 1980! It
actually took over 20 years to $1.50 and only reached $5 in a few
places this year as a result of Katrina. Chicken Little is alive and
still working as a panic monger.

Danny
real e-mail address is dlow@fanfotography.com
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From: Danny Low <dlow@fanphotography.com>
Newsgroups: misc.consumers,misc.consumers.frugal-living,rec.autos.driving,ca.driving
Subject: Re: Why do they keep calling it "unleaded"?
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