As Gas Prices Drop, Look At What President Carter Said About Oil in 1976

  • The average national gasoline price is now $1.894 per gallon:Screen Shot 2016-01-18 at 3.56.31 PM
  • The range in the country varies significantly:Screen Shot 2016-01-18 at 3.43.13 PM
  • In Houghton Lake, Michigan on Sunday, the price for a gallon was $0.47
  • A huge contributor has been the rise in domestic production due to fracking, which significantly began in 2008:ENGY-The-Rise-of-Oil-Production-in-the-United-States-01022015-lg
  • During the 1976 Presidential debates, Jimmy Carter said the earth’s oil will run out by 2011:

Frack, baby FRACK!

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