Is that their usual format fo the graph? Designed to exaggerate fluctuations by having the top and bottom of the vertical scale at the high and low points of the data. Poorly done but probably good for their business.

I don't think they're committing any subterfuge -- they are a gas price reporting service, driven by data that volunteers report via a mobile app.

If you're looking for trends, it doesn't make sense to start the graph at zero.

Further, any sensible numerical analysis would require a logarithmic price axis, not linear. But average human beings wouldn't understand that.

 

Is that their usual format fo the graph? Designed to exaggerate fluctuations by having the top and bottom of the vertical scale at the high and low points of the data. Poorly done but probably good for their business.

That’s fairly typical in charts these days. Stock prices for instance will usually be displayed this way. It’s justifiable because it gives you the best possible resolution on the y axis.

 

I'm beginning to suspect that the $75-80 fall oil prices were a (marginally successful?) attempt at manipulating the outcome of the mid-term election.

https://www.bloomberg.com/news/arti...e-near-51-on-signs-of-u-s-production-slowdown

 

Is that their usual format fo the graph? Designed to exaggerate fluctuations by having the top and bottom of the vertical scale at the high and low points of the data. Poorly done but probably good for their business.

That's a very common data presentation format -- it let's you see the details much better than if your bottom is at zero. There's no "right" or "best" way to present data -- it all depends on the point you are trying to focus on. Plus, keep in mind that a lot of websites use online charting tools that make these decisions automatically and the site owners often don't put in any effort to even consider what they want to focus on, they just want a site that's low maintenance.

 

Gas is $1.99 where I live. Haven’t seen that for while.

We dropped back below $2/gal about a week ago and more and more stations are slipping under the threshold.

As I've remarked on many occasions in years past, the lowest gas prices at the pump almost always occur right at the New Year time frame -- a week or two before to a week or two after. Not always, but far more often than not.

 

They are insane.

What we do know is that humans can survive and recover from war, probably even a nuclear one. Humans cannot recover from runaway climate change. Nuclear war is not an inevitable extinction event; six degrees of warming is.

 

Gotta love a price war.

 

https://www.reuters.com/article/us-...p-goes-global-with-seismic-tech-idUSKCN1PC0HF

 

https://www.reuters.com/article/us-...p-goes-global-with-seismic-tech-idUSKCN1PC0HF

Exciting times.

 

When I read of that dude pulling stuff out of that noise, I thought of you joey.

 

When I read of that dude pulling stuff out of that noise, I thought of you joey.

Thanks. I've actually done stuff like this. Different application, though.

 

When I read of that dude pulling stuff out of that noise, I thought of you joey.

LOL, I read that as nose. Sorry @joeyd999 .

 

LOL, I read that as nose. Sorry @joeyd999 .

I've done that, too.

 

If Texas were a country, it would now be the third largest producer of oil on Earth.

One with an Occasional Cortex might think she could shut this down in ten years.

Me? I don't stand in front of freight trains.

 

U.S. Crude Oil Production, Exports Hit Record Levels

This surge has continue to obliterate "Peak Oil" theory, the stories of which topped out in July 2008 when oil prices hit a whopping $145 per barrel.

 

They are insane.

They are indeed - unless you read through it all and get to read the very last line then suddenly it all makes sense.

 

They are indeed - unless you read through it all and get to read the very last line then suddenly it all makes sense.

Death by nuclear war or death by famine. You're still dead.

 

Death by nuclear war or death by famine. You're still dead.

I'd choose whichever is quickest ...

 

I'd choose whichever is quickest ...

Nuclear war it is, then.

 

Nuclear war it is, then.

and I forgot to mention ... I'd like to be standing right on ground zero, if I may...