Oil company suppliers

[John Edward Mercier]

I'm quite sure that the price of a gallon of gasoline adjusted for inflation was cheaper during the mid/late 90s.
The taxes on the State level go to into the road/highway system. The federal gas tax being another story.

I don't believe the government numbers for inflation are accurate. They have factored out many things, and bottom line is the cost of groceries, fuel ect. has really been going up at double digit rates lately.

The debasement of the dollar is very evident in our living expenses.

Greenspan, a well-known Libertrarian, suggests that the government numbers may actually overstate inflation.
What is it that they leave out of the CPI?

[Russell Kanning]

that dilbert cartoon is funny

[Russell Kanning]

Greenspan, a well-known Libertrarian, suggests that the government numbers may actually overstate inflation.
What is it that they leave out of the CPI?

right now .... I believe energy and food ... maybe more

[Kat Kanning]

What does 'fungible' mean?

[Russell Kanning]

I find it interesting that the price of oil continues to skyrocket even after we've stolen the rights to Iraq's oil. Can you say corporate greed?

Check your premises ... we've not stolen the rights .... they've done it.
But I think you have nailed it ... certain corporations win in this scenario ... and the rest of us have to pay higher oil prices or make other choices.

[Russell Kanning]

that chart is pretty cool
I guess any of us heating our house with wood are using way more than the average "biomass" .... biomass even looks good while you grow it

[Russell Kanning]

I don't mind buying oil from arabs ... or really anyone .... if it is the easiest or cheapest thing to use.

[John Edward Mercier]

I find it interesting that the price of oil continues to skyrocket even after we've stolen the rights to Iraq's oil. Can you say corporate greed?

Check your premises ... we've not stolen the rights .... they've done it.
But I think you have nailed it ... certain corporations win in this scenario ... and the rest of us have to pay higher oil prices or make other choices.

That would be something referred to as Core CPI. They use the number to determine what effect high energy prices are having on other sectors (agriculture being removed because of its energy-intensity).

[Little Owl]

That Dilbert cartoon really sums it up nicely!