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Town Square

One Year After the Elections: Still think gas prices weren't manipulated?

Original post made by Anonymous, Another Palo Alto neighborhood, on Oct 15, 2007

Here's a chart of gas prices for the last year. Please write about the seasonal factors, refinery maintenance, crude prices and the unusually warm weather.

Web Link

Comments

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Posted by Craig
a resident of Midtown
on Oct 15, 2007 at 12:46 pm

Why did the prices trend down during the summer months?


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Posted by give me a break.
a resident of Midtown
on Oct 16, 2007 at 12:27 pm

thanks, I needed a good laugh


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Posted by give me a break.
a resident of Midtown
on Oct 16, 2007 at 12:28 pm

didn't finish...

I needed the good laugh, and what was so funny is that I failed to see the price fluctuations in today's dollars for the last 50 years..which would have revealed that people paid the equivalent of $6/gallon in the 70s. Guess it was because Bush was in control then, too..


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Posted by Anonymous
a resident of Another Palo Alto neighborhood
on Oct 17, 2007 at 11:29 am

No. OPEC controlled oil prices in the 70's, not market forces. Maybe you're not old enough to remember.


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Posted by Terry
a resident of Midtown
on Oct 17, 2007 at 11:54 am

With limited data sets, you can support almost any conclusion you like, including a conspiracy theory. Not a reflection on this, true of most natural & human phenomena. So this doesn't say much to me...


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Posted by eric
a resident of Mountain View
on Oct 17, 2007 at 12:37 pm

Stat 1A: wieghted averages.

We'll never know if anonymous has a point or not, since he gives us no data.