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What does the price of gasoline do?

02/21/2016

Benzinpreis 1976 in Deutschland

The picture was taken in 1976 in Germany. At that time, the price of gasoline was less than one mark, which would be about half a euro today!

At that time, the oil companies and petrol stations were obviously reluctant to exceed the "sound barrier" of one DM.

Could they have imagined that even a petrol price of two euros (i.e. almost four marks) would become an issue a few decades later?

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Petrol price of 44 centimes per liter of super

Petrol price of 44 centimes per liter of super

High fuel prices also surprise classic car and youngtimer drivers

High fuel prices also surprise classic car and youngtimer drivers

A life with a TVR 2500M

A life with a TVR 2500M

The challenge of youngtimer maintenance

The challenge of youngtimer maintenance

Maintenance of classic cars/youngtimers is taken seriously (question of the week)

Maintenance of classic cars/youngtimers is taken seriously (question of the week)

Chrysler Airflow - the aerodynamic pioneering work of Walter P. Chrysler

Chrysler Airflow - the aerodynamic pioneering work of Walter P. Chrysler

Citroën DS 19 - A role model for the comfortable, safe and economical mid-range car of the future (ZQ)

Citroën DS 19 - A role model for the comfortable, safe and economical mid-range car of the future (ZQ)

DKW F12 - The 40 hp Mercedes

DKW F12 - The 40 hp Mercedes

NSU Prinz 1000 TT - a pithy little car with high performance (ZQ)

NSU Prinz 1000 TT - a pithy little car with high performance (ZQ)

Test Peugeot 404 - another direct hit from Sochaux (ZQ)

Test Peugeot 404 - another direct hit from Sochaux (ZQ)

Petrol price of 44 centimes per liter of super

Petrol price of 44 centimes per liter of super

High fuel prices also surprise classic car and youngtimer drivers

High fuel prices also surprise classic car and youngtimer drivers

A life with a TVR 2500M

A life with a TVR 2500M

The challenge of youngtimer maintenance

The challenge of youngtimer maintenance

Maintenance of classic cars/youngtimers is taken seriously (question of the week)

Maintenance of classic cars/youngtimers is taken seriously (question of the week)

Chrysler Airflow - the aerodynamic pioneering work of Walter P. Chrysler

Chrysler Airflow - the aerodynamic pioneering work of Walter P. Chrysler

Citroën DS 19 - A role model for the comfortable, safe and economical mid-range car of the future (ZQ)

Citroën DS 19 - A role model for the comfortable, safe and economical mid-range car of the future (ZQ)

DKW F12 - The 40 hp Mercedes

DKW F12 - The 40 hp Mercedes

NSU Prinz 1000 TT - a pithy little car with high performance (ZQ)

NSU Prinz 1000 TT - a pithy little car with high performance (ZQ)

Test Peugeot 404 - another direct hit from Sochaux (ZQ)

Test Peugeot 404 - another direct hit from Sochaux (ZQ)