In 1981, on the tail end of the first national energy crisis, Pit & Quarry published a special section on conserving fuel. One of the articles offers a bit of number crunching and crystal-ball gazing. It notes that diesel prices had risen from 15-cents-per-gallon in 1971 to 85 dollars-cents-per-gallon in 1979. It also predicted a time in the future when diesel would cost a whopping 1.45 dollars per gallon. Fast-forward 25 years, and the price of diesel fuel is hovering at just below 3.00 dollars per gallon at retail, with substantial regional variations. That whopping 1.45 dollars-per-gallon sounds pretty darn good, doesn't it?
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