View Single Post
  #36   Report Post  
Rod Speed
 
Posts: n/a
Default

Harry K wrote:
Rod Speed wrote:
Harry K wrote:
Jim wrote:
~^Johnny^~ wrote:

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

On Sat, 3 Sep 2005 04:47:20 +1000, "Rod Speed"
wrote:

Harry K wrote

The higher the rise, the higher the final price will be when the
crisis is over.

Have fun explaining how come that didnt happen after the 70s.

Like hell it didn't!

I watched Los Angeles gasoline prices more than double after the
1973 oil embargo, and they never returned to less than 60 cents
per gallon, up from 28 cents per gallon.

Of course you ignore the fact that TAXES also increased, and TAXES
were always part of the total cost at the pump during that time.

Then, in 1980, Reaganomics
hiked prices again, to over a dollar and a quarter per gallon.
Same story.

Wow! That's amazing. From you we learn that not only did
"Reagonomics *hike* oil prices, but they did so in the year
*before* Reagan himself even became the President. Reality check:
Oil prices dropped after the stupid price controls of the 1970s
were dropped and they dropped again in the mid-1980s.



What do you know, from behind your computer station in
Australia!!!

What do you know, from behind your computer station in some
alternate reality!!!


The reality is that after every rise due to shortages, the price
dropped. Yes. But it never in any of them dropped back to where
they started.


Lie.

I first started buying gas in the late 40s. Never
once did it drop back to the beginning levels.


Lie.

YOu insist it did. Simple. Post your proof.


How odd that you made the original claim and havent posted a shred
of proof.


So see Logan's post. Only if you adjust for inflation can you find an
exception


Even someone as stupid as you should realise that you have to adjust for
inflation.

and even that way it is only slight.


That is a lie.

You want to prove different all you have to do is post one example.


Dont need to, that chart alone proves that you lied.

Good luck with that. For me to prove my point I would
have to post every rise and every fall back to Adam.


And since you have never seen that data, you cant make your claim, liar.