Miscellaneous And Off Topic Subjects

[Dr. Strangelove]

Beaumont Texas has no running water. Over 100,000 people. City can't say when the pumps will able to go back online.

[Da Geezer]

Price of oil, and inflation adjusted price of oil:

https://inflationdata.com/Inflation/Inflation_Rate/Historical_Oil_Prices_Chart.asp

Which looks nothing like the inflation adjusted price of gasoline:

https://inflationdata.com/articles/inflation-adjusted-prices/inflation-adjusted-gasoline-prices/

[hack]

Thanks, Geezer. That's interesting. So gas was cheaper in 2008 when oil was at $140/b then when it was at $100 in 2012. Since then the proportion is there -- oil's half the price now compared to 2012, and so's gas. Since oil isn't the whole cost of gas, stands to reason the correlation isn't so tight. Would be interesting to see this split out for West Texas crude and for Alaska crude specifically. They fell less than Brent initially when the bear market began in '14.

[Dr. Strangelove]

Even without those charts I would've guessed that the price of gas is increasingly unrelated to the cost of oil. Oil production keeps going up and up globally and the demand is not what it once was.

[THE_WIZARD_]

Beware of the Hoosiers...

[hack]

Even without those charts I would've guessed that the price of gas is increasingly unrelated to the cost of oil. Oil production keeps going up and up globally and the demand is not what it once was.

Those charts are a pretty rough measure, but there's more correlation now than a decade ago, according to them.

[Wild Hoss]

This is old, but I found the close correlation interesting back in the day.

[hack]

Ours is a carbon-based economy, that's for sure.

[THE_WIZARD_]

You're a regular Sherlock Holmes...

[hack]

Well it could have been far worse. I might have been THE_WIZARD_.

[THE_WIZARD_]

You'll never achieve such status...punk.

[hack]

"Achieve" was not a good word choice.

[froot loops]

Heh, I'm sure he has an Achiever shirt

[THE_WIZARD_]

Don't make me kill you both.

[Wild Hoss]

I bet hack has a closet full of Affliction tees.

...and dirty, dirty secrets.

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