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To: DiogenesLamp
The operative word here is "average." That means that the prices were higher and lower in differing states.

You bet.

Gasoline was $1.65 in 2007, went up to $3.85, and is now back down to $2.35,

According to the link I posted, more than $2.50, nationwide in 2007, about $2.35, nationwide, now.

A net drop, not a 40% increase.

68 posted on 10/22/2015 2:24:28 PM PDT by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: Toddsterpatriot
A net drop, not a 40% increase.

If you are going to deliberately ignore the massive rise in the cost of gasoline which happened back in 2010 or so, then I can't regard you as someone who is honest enough to debate with. Gas was something like +$4.00 in California back around that time.

The current drop is the result of fracking and Shale Oil production crashing the price of oil.

Gas went up. Stayed up for a long time. Has finally came back down, and now with the price of oil reaching historic lows in terms of inflation adjusted dollars, it has dipped below what it was seven years ago, you are trying to pass this off as proof that the inflation didn't happen?

71 posted on 10/22/2015 2:38:22 PM PDT by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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