All those pundits and politicians on @cnn@msnbc@business@abcnews@NBCNews@CBSNews@cnbc screaming about the high cost of gasoline need to look at this chart. This inflation-adjusted #gasprices data from the Bureau of Labor Stats shows gas prices are in fact at 50-year lows:
And because people want to be sure data sources are accurate, here's another inflation-adjusted, real-and-nominal #gasprices chart from the EIA. Again, today we are nowhere near the real-price peaks under Reagan, GWB, and Obama: