Friday, June 20, 2008

Oil at an All Time Historical and Inflationary Adjusted High



Thank you environmentalist, leftist, democratic, socialist whackos.

Hat tip to WTRG Economics. Some outright amazing data on energy.
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4 comments:

  1. Unknown8:40 PM

    What deflator are you using? I suspect you are understating past inflation

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  2. Captain Capitalism9:25 AM

    Not my data, it's WTRG's. It does look like other charts I've seen before. I believe they did adjust for inflation correctly.

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  3. Unknown11:19 PM

    I agree that they did indeed adjust for inflation in the way that most mainstream economists adjust for inflation: by believing the guvmint's CPI data. Which I believe is understating inflation

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  4. Anonymous10:17 PM

    60 cent 'Chretien bucks' today would translate into more than 2 dollars a litre?

    ReplyDelete