To: Gondring
Can you explain this?
http://www.petrostrategies.org/Graphs/Crude_Oil_and_Gasoline_Pump_Prices.htm
26 posted on
02/15/2009 10:30:24 AM PST by
skeeter
To: skeeter
Yes...you have to zero them together and check the scale. It’s a bit of an illusion, as the crude is on the bottom, so you don’t notice that as much that the two lines are closer together in the right portion of the graph than the left portion.
31 posted on
02/15/2009 10:33:32 AM PST by
Gondring
(Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
To: skeeter
Also, look at the bottom graph. Do you not see that they forced a linear regression on data that are not linear? Note that the slope of the data in the right portion of the graph is lower than in the left portion, showing that they tracked at one rate when price-per-barrel of crude was low, but when crude got price, gas didn’t go up proportionally the same.
34 posted on
02/15/2009 10:36:33 AM PST by
Gondring
(Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
To: skeeter
It’s a bit of an illusion, as the crude is on the bottom, so you don’t notice that as much that the two lines are closer together in the right portion of the graph than the left portion. Sorry...I have a fever and should stop posting!
37 posted on
02/15/2009 10:38:26 AM PST by
Gondring
(Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
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