"Todd Fatheree" wrote in message
...

As an aside, here's something interesting I found. On an
inflation-adjusted
basis (2005 dollars), the price of crude oil peaked in the early 80s at
$84.29/bbl. In fact, from the late 70s through the early 80's, crude oil
cost more than it does now. Of course, you'll never hear that in a
newscast, because it suits their purpose to report "record oil prices".
Here's another one...in the early 70's, crude oil traded at (again in 2005
dollars) $9.03/bbl.


Lies, damned lies, and statistics again.

Profit margins?

Low-cost Chinese goods distort the CPI, then you go ahead and do it again.