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by lovich 315 days ago
It’s really not https://fred.stlouisfed.org/series/APU000074714

This is only the nominal price, I can’t find the inflation adjusted graph, but I assume it’s clear that if the nominal price now is the same as several other periods over 10 years ago, then the gas today is cheaper over inflation adjusted dollar

1 comments

it really is

https://www.macrotrends.net/1369/crude-oil-price-history-cha...

Note 10 years ago is 2015. The period over 10 years ago is the period of extremely high prices under discussion(mid 2000s to 2014)

I’m going to have disagree you on describing a 10 year timespan with multiple peaks and valleys, as a unique time, especially when it’s the same price as today