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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
brentspeak (1000+ posts) Send PM | Profile | Ignore | Sun Mar-02-08 04:43 PM Original message |
Is it accurate to use "real values" of oil/barrel when comparing oil prices from year-to-year? |
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Hydra (1000+ posts) Send PM | Profile | Ignore | Sun Mar-02-08 04:49 PM Response to Original message |
1. They kinda have a point |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Sun Mar-02-08 04:50 PM Response to Original message |
2. You're right. |
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Democrats_win (1000+ posts) Send PM | Profile | Ignore | Sun Mar-02-08 05:19 PM Response to Reply #2 |
3. Agree. Oil is a boom & bust industry. Political & economic reasons affect the price. |
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sepulveda (271 posts) Send PM | Profile | Ignore | Sun Mar-02-08 05:29 PM Response to Original message |
4. yes |
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brentspeak (1000+ posts) Send PM | Profile | Ignore | Sun Mar-02-08 05:52 PM Response to Reply #4 |
6. But the value of currency isn't the same thing as a price index |
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sepulveda (271 posts) Send PM | Profile | Ignore | Sun Mar-02-08 06:05 PM Response to Reply #6 |
7. indexes |
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brentspeak (1000+ posts) Send PM | Profile | Ignore | Sun Mar-02-08 06:29 PM Response to Reply #7 |
8. I don't see how a weak dollar is the same thing as inflation |
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sepulveda (271 posts) Send PM | Profile | Ignore | Sun Mar-02-08 06:43 PM Response to Reply #8 |
9. part of your problem |
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brentspeak (1000+ posts) Send PM | Profile | Ignore | Sun Mar-02-08 07:03 PM Response to Reply #9 |
10. I see what you're saying |
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sepulveda (271 posts) Send PM | Profile | Ignore | Sun Mar-02-08 07:12 PM Response to Reply #10 |
11. they are interelated |
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brentspeak (1000+ posts) Send PM | Profile | Ignore | Sun Mar-02-08 07:15 PM Response to Reply #11 |
12. Sorry, I should have posted before revising my post several times |
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sepulveda (271 posts) Send PM | Profile | Ignore | Sun Mar-02-08 07:20 PM Response to Reply #12 |
13. in regards to your china walmart thang |
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EmperorHasNoClothes (1000+ posts) Send PM | Profile | Ignore | Sun Mar-02-08 05:41 PM Response to Original message |
5. Peak gas price was $2.80 in March 1981, $3.13 in Sept 2005 |
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walldude (1000+ posts) Send PM | Profile | Ignore | Sun Mar-02-08 07:21 PM Response to Original message |
14. Adjusted for inflation... Bwhahahahahaha Tell Stossel to call me |
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GOPisEvil (1000+ posts) Send PM | Profile | Ignore | Sun Mar-02-08 07:22 PM Response to Original message |
15. That point may be valid, but it ignores the stagnation in wages over the same period. |
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muriel_volestrangler (1000+ posts) Send PM | Profile | Ignore | Mon Mar-03-08 09:04 AM Response to Original message |
16. Adjusting for inflation is valid, but oil is now more expensive than 1981 |
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DU AdBot (1000+ posts) | Sat May 04th 2024, 11:25 AM Response to Original message |
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