3 ms·
And it's what, 50% higher than 3 years ago? Anecdotal data points are useless.
by chrisco255 3y ago
And it's what, 50% higher than 3 years ago? Anecdotal data points are useless.
- UncleMeat 3y agoIt isn't anecdotal data. This is the number from BLS.
- chrisco255 3y agoYes, it's anecdotal data. That is to say, it's a single, arbitrary cherry picked data point that one cannot draw meaningful conclusions from, since it's not statistically significant. Gas prices are very volatile, and anything short of a long trend analysis will tell you absolutely nothing. Gas is more than 25% higher than it was for all of 2018, 2019, and 2020. It is trending higher, in spite of the pull back from recent highs in the wake of the Ukraine war.