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A loosie a slang for one (1) cigarette out of a pack ...The current price of cigarettes in the North East States are as of September 17th 2010 coast around $ 10.00 a pack ... The price of a loosie has increase with the price of a pack of cigarettes ... From the 80's to the mid 90's the price of a loosie was 25c for a pack that coast about $ 2.50 in the mid 90's the price of cigarettes went up to $5.00 a pack so a loosie went up too to 50c ... But this would not be the last increased in the price in the early 2000's cigarettes would start to get heavily taxed especially in New York & New Jersey and drive the price to an all time record of $ 13.00 a pack ... Farther fuelling the underground market for loosie ...

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Q: What is a loosie?
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