Posted on 05/31/2014 11:02:00 AM PDT by blam
I was reading about this last night. Bogus!
do you suppose it is tied to the GDP??
gas consumption goes down - GDP goes down
just a thought
Blame it on those tea party members going Amish, they know a good thing when they see an over abundance of bull sh#t being produced by our government.
Diesel consumption would be a better indicator of the economy.
This is a depression. The democrats do not want the WH next time. They will "Hoover-ize" the next President ... unless the Republican Party changes direction and makes a sane attempt to save the Republic.
If the economy is not restored in the period 2014-2020, you can write off the American experiment. We'll no longer be a country of the first rank, and with our new demographics, we'll be like Brazil.
What is the official (or informed) rationale behind fuel prices right now. It cannot be a simple case of supply and demand.
Did anybody else notice the price dropping the same as the consumption rate? No? Yeah, me neither.
Please! If the government is giving you a number you know it’s bullshit. If it’s congress you know a senator or congressman is getting paid off.
Bogus govt data.
Going Galt?
Perhaps a few of us but remember the population is aging and after retirement the need for speed and by extension, gasoline, isn’t a big part of one’s budget. Lot’s of us Boomers sitting at home now. No kids to shuttle to school or soccer practice. The vehicles we are able to purchase are more efficient on fuel consumption. OK, OK, if you exclude the Vette and the Caddy XLR and the F-350 Dually we keep around for hauling landscape materials and the yacht. But I digress. What need is there of gasoline if those fewer still working are doing so to be able to send unemployment and disability checks to the ‘indigent’ who have no need of such a commodity. The larger that that category gets the fewer gallons of gas that must be consumed overall. It’s WIN WIN for everyone. sarc/.
Check the ordinate range.
Bogus Zero Hedge data. What’s shown is a shift from refiner-owned retailing to convenience/grocery/big box stores and some other factors like contract refining and freer imports/exports.
Very slightly less gas being consumed in the US due to the slow Obama economy, but no plunge.
Zero Hedge is just a collection of kook bloggers.
Yet the price continues to climb.
When did this country become a bunch of insider aholes that manipulate the market?
Amen, and on top of that production is UP.
Must have sold a lot more Chevy Volts than we thought./sarc
The book “How to lie with statistics” comes to mind.
ZeroHedge is better than kooks, but without question this posting by them was quite a humiliation.
The value of ZH is the comment threads, in which there seems to be signal to noise ratio that is better than most.
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