Gasoline prices will probably soon become an issue in the presidential campaign and perhaps they should, but Viewpoint cautions against falling for the claim that they're higher now than ever before in our history. That would be true if the price is considered in constant dollars, but if the price is adjusted for inflation we find that a dollar buys much more gasoline today than it did in 1980. Brother Bill, who is the brains behind this blog, sends along a link to this graph to buttress the point.
