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ValcoOscar |
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#1
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Garage Life ![]() ![]() ![]() ![]() Group: Members Posts: 2,499 Joined: 19-November 13 From: SoCal Member No.: 16,669 Region Association: Southern California ![]() ![]() ![]() |
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pbanders |
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#2
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Senior Member ![]() ![]() ![]() Group: Members Posts: 943 Joined: 11-June 03 From: Phoenix, AZ Member No.: 805 ![]() |
My dad sold Sinclair, Flying A, then Mobil gas at his station when I was a kid. I spent a summer in the early '70's during the gas crisis selling a max of 10 gallons to a customer. Regular was $0.369 per gallon, premium was $0.399.
As regular is going for about $5 a gallon these days around here, that represents an increase of 1,255%. As that was 50 years ago, if you calculate the annual rate of return, it's only 5.35% annually, so gas wouldn't have made that good an investment. You should have bought Intel instead. |
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