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I found the real hockey stick graph! #4719003
04/06/18 11:35 PM
04/06/18 11:35 PM
Joined: May 2012
Posts: 1,566
The land of USA-made Subies!
SubieRubyRoo Online content OP
SubieRubyRoo  Online Content OP
Joined: May 2012
Posts: 1,566
The land of USA-made Subies!
Look at the downward trend since 1918 (adjusted for inflation of course), and then... where the hockey stick comes in. I'll let you make your own conclusions.

Re: I found the real hockey stick graph! [Re: SubieRubyRoo] #4719025
04/07/18 12:14 AM
04/07/18 12:14 AM
Joined: Mar 2014
Posts: 3,315
NJ
Leo99 Offline
Leo99  Offline
Joined: Mar 2014
Posts: 3,315
NJ
You sure you're looking at the graph correctly? Gas prices are pretty stable/flat since 1918 when adjusted for inflation. The black line is basically just the rate of inflation.

Last edited by Leo99; 04/07/18 12:20 AM.

Without data you're just another person with an opinion. W. E. Deming

2003 Corolla 250,000 miles
2004 Rav4 359,000 miles
2015 Camry 59,000 miles
Re: I found the real hockey stick graph! [Re: SubieRubyRoo] #4719026
04/07/18 12:15 AM
04/07/18 12:15 AM
Joined: Feb 2014
Posts: 2,303
Kansan,1911 45ACP fan
Marco620 Offline
Marco620  Offline
Joined: Feb 2014
Posts: 2,303
Kansan,1911 45ACP fan
I heard Hockey....


15' Civic R18Z1 189k.0w20 Redline/Archoil9200,Eibach,Tanabe&Tein Suspension/Borla Exhaust/XG7317
Right to work state proud.
Re: I found the real hockey stick graph! [Re: SubieRubyRoo] #4719030
04/07/18 12:31 AM
04/07/18 12:31 AM
Joined: May 2012
Posts: 1,566
The land of USA-made Subies!
SubieRubyRoo Online content OP
SubieRubyRoo  Online Content OP
Joined: May 2012
Posts: 1,566
The land of USA-made Subies!
In 2016 dollars per InflationData.com: $3.92 in 1918; $1.48 in 1998. That's hardly flat by any measure. Then there is a huge spike in between 2000 and 2002 on the chart. Ignore the black line, we are talking inflation-adjusted cost here.

Re: I found the real hockey stick graph! [Re: SubieRubyRoo] #4719324
04/07/18 09:53 AM
04/07/18 09:53 AM
Joined: Mar 2014
Posts: 3,315
NJ
Leo99 Offline
Leo99  Offline
Joined: Mar 2014
Posts: 3,315
NJ
The hockey stick is the black line. The red line is fluctuation around the mean. Hockey stick graph means it was flat for a long time and then went up dramatically. That's the black line. The red line has no trend over the long term, just short term fluctuations.


Without data you're just another person with an opinion. W. E. Deming

2003 Corolla 250,000 miles
2004 Rav4 359,000 miles
2015 Camry 59,000 miles

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