The real cost of gasoline determines economic reality

Eric Garland DataLab

When we look back at the economic “Good Ol’ Days” of the 1990s, how much do we attempt to understand the role that inexpensive energy might have played as a factor in creating economic dynamism?

Moreover, do people realize that the real cost of gasoline has risen back to where it was in the economic doldrums of the later Carter Administration?

The real story behind the story is something few people take the time to discover.