Wednesday, January 10, 2007

Fact Check at Register Three

So the whole gas price thing has become a bit of a motif here at Grubb Street, since there is always a new development or tweak to report. The media seems to have gone through a "gee, I don't know if there's something going on" phase, to a "well, MAYBE there is something going on, but we don't know" phase, and has settled into a "Yeah, it looks like something is going on, but whattaya going to do?" phase.

Meanwhile, one of our readers, Joe (Hi Joe!) dug up the information that I was unable to ratchet down. You can find it here, and indeed, it shows gas prices dropping steadily through the summer, bottoming out the last week of October/first week of November, and starting to rise again almost immediately thereafter (despite the fact that OIL prices have been dropping).

Funny how not a lot of folks have noticed this.

More later,