I can make up simple charts that depict lies too. The FRBSL doesn’t have a lock on that.
I paid upwards of $4.50 for a gallon of gas for a while there.
When prices per barrel went up, the cost of our gas in California went up the next day. For a while there prices were actually being changed mid-day upwards.
Take a look at that chart. Do you see a cost upswing on gasoline at the very end of the chart? Where’s the precursor rise in cost of crude?
If you want to try to pass off this crap, I’d suggest you got to Democrat Underground, a place where people don’t have contact with reality.
BTW: I could quote PT Barnam back at you, but the facts of this are too obvious to bother doing so.
Hell, those are monthly prices but no matter --forget the chart and just remember the prices you saw yourselves.
Gas is about $2 per gallon now with oil at thirty something. This is down from last summer when oil was pushing $150 with gas at $4. It's simple: oil dropped by 3/4ths but gas is only down by half --what gives?
The answer comes out when we remember Katrina --gas was spiking toward the killer $3 level while oil was pushing up to $70. Anyone who just does the math can see that oil companies had a huge spike in oil that did not show up in gas prices. Anyone who actually looks at the record can see a friggin' year when oil soared and gas went down!