Javascript Disabled Detected

You currently have javascript disabled. Several functions may not work. Please re-enable javascript to access full functionality.

Gas very near ATH, inflation adjusted

Started by spielchekr , May 25 2007 11:14 AM

Please log in to reply

4 replies to this topic

#1 spielchekr

Member

Traders-Talk User
3,104 posts

Posted 25 May 2007 - 11:14 AM

So what we really need now is simply more inflation

The government’s Energy Information Administration said last Monday’s average national price for regular gasoline of $3.22 a gallon came in just below the March 1981 all-time monthly high of $3.29, adjusted for inflation. It was actually selling for $1.42 at the time.

http://www.msnbc.msn.com/id/18864234/

Back to top

#2 Rogerdodger

Member

TT Member*
26,882 posts

Posted 25 May 2007 - 12:23 PM

It came down 2 cents today and it's all over the news!

$3.17 HOORAY!

"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.

Back to top

#3 Sentient Being

Member

Traders-Talk User
4,262 posts

Posted 25 May 2007 - 12:44 PM

It came down 2 cents today and it's all over the news!

$3.17 HOORAY!

Hey, that is good news. I'll have to go buy more stocks, everything is great!

In the end we retain from our studies only that which we practically apply.

~ Johann Wolfgang Von Goethe ~

Back to top

#4 fib_1618

Member

Traders-Talk User
10,145 posts

Posted 25 May 2007 - 12:58 PM

I just came back from Chicago...prices on the way to Midway were consistent: 3.86, 3.94, 3.99. I understand that the refinery that supplies the Chicago Land Area is, like most, in repair. Luckily though, they have the CTA to get people around...more than usual walking traffic in the city by my count. Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions