Gasoline Prices

Chart of the Day has an inflation-adjusted chart of gasoline prices here, accompanied by this:

... Over the past four months, the average US price per gallon of unleaded has risen over one dollar per gallon. When adjusted for inflation, gasoline prices are at record highs and 18% above its old inflation-adjusted peak of 1981. Also, as illustrated by the today's chart, gasoline prices have spiked above a trend channel (see red line) that has been in existence since the beginning of the century."

But before going all crazy, revisit this earlier post with the other chart explained.