On Jul 16, 2011, at 6:56 PM, John Sessoms wrote:

> From: Godfrey DiGiorgi
>> Just filled the tank the other day. Price seemed lower.
>> This thread made me curious, so I pulled the price per gallon out of
>> my Prius tracking database and plotted it from August 2006 to the
>> present:
>> 
>> http://homepage.mac.com/godders/gasoline-price-monthly-2006-2011.jpg
>> 
>> That shows the average monthly pump price I've paid per month since I
>> bought the Prius. The trend line definitely shows that it's rising,
>> but it swings up and down much more wildly than the trend line's
>> steady increase might suggest.
> 
> I don't think I'm seeing swings quite that wild, although I don't really have 
> the time to graph it right now, so I can't really say for sure. I've got a 
> fairly good logs of my gasoline purchases since 1981. I started keeping them 
> in a spread-sheet in 2005.
> 
> Someone else posted that the Federal Government released oil from the 
> Strategic Oil Reserve, and I think that might be what caused the dip I 
> noticed. A little Google produces the following correlations:
> 
> 1. They released 30 million barrels of oil.
> 2. The US uses about 2 million barrels per day.
> 3. The slight price decline lasted for around 15 days.
> 
> 

At our nearest station, Wednesday it was $3.75. Friday (yesterday) it was 
$3.85. Today it was $3.64. 
Don't try to impute rationality/linearity to a chaotic system.

stan


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