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Cannonpointer
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98% Macho Man
98% Macho Man
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*GHETTOBLASTER » 37 minutes ago » wrote: Tell me what happened to the price of gas guzzling cars during the gasoline rationing days of the 1970s
They dropped. But you are comparing apples and horse feathers. Those cars were necessary tools, not discretionary toys. They became OUTDATED. They had competition that saved consumers **** tons of money - competition that not only ran on half as much gas, but also held their value better because they were better built. They had six digits on their odometers instead of five, because they were built to run hundreds of thousands of miles. 

That has nothing to do with what you were talking about. 

Unless the cost of production goes down, the price is not going to drop. They'll just stop building what doesn't sell - same as the 70s. And with 12 dollar fuel, the price of production is not going to drop. Almost half of America's grid is fueled by petroleum or gas. 
 
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