The Secret is in the Slant!

Bill Dedman said
$0.25 (a gallon 0f gas in 1960) should cost $1.92 in 2012.

I just filled up on the cheap stuff for $3.69, here in Conway, AR.

Let's see; that's a price increase of 1,476 percent!
Click to expand...

No, it's a price increase of 92%. You have to compare like-year dollars; comparing $3.69 (today's money) to $0.25 (1960 money) is not the right way to do it.