Letters to the Editor

Letter: Fuel prices

I have to laugh at the cherry-pickers and their obsession with gas prices. I looked up the 25-year history of gas prices using the U.S. Department of Energy website.  No doubt gas prices are the highest price over the last 25 years with no adjustment for the purchasing value of a dollar as it decreased.

In 2001, George W. Bush became the 43rd president. In January 2001, gas was $1.45 per gallon. By July 2008, gas was up to $4.07 per gallon. Bush was still president; the increase in gas prices was 181%. In January 2021, gas was $2.58 and increased to $4.44 by May 2022. That is a 72% increase since Biden took office. When gas gets to $7.25 per gallon, the increase from $2.58 will be the same percentage increase — 181% — as it was under a former president.  

Today, a dollar buys what 68 cents bought in 2001, according to various inflation calculator reports. That makes $4.44 per gallon today comparable to $3.02 in 2008. This is not politics, it is just math, without cherry-picking to make things look worse than they are.

— John Parker

Kodiak

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