Re: deregulation = price increases

Author	All Replies
Beeper Part Of The Problem join:2001-09-27 Dayton, OH clubs:	reply to SRFireside Re: deregulation = price increases I don't see it fly up and down, except when Ronald Reagan deregulated oil price controls. There was a sharp spike downward. I see it sell in a fairly narrow band over a 20 year period. -- Guaranteed Fear and Loathing. Abandon all hope. Prepare for the Weirdness. Get familiar with Cannibalism.
	to forum · permalink · · 2005-04-28 11:52:44 ·
SRFireside join:2001-01-19 Houston, TX	Normally when you see items costs on an inflationary scale you see a steady rise and/or a steady decline based on production costs, demand, cost of living, etc. Here you see spikes and jumps of prices going up and down in an erratic pattern. Sure it looks like most of it stays between $1.25 and $1.60 per gallon over most the decade, but again on most markets you don't see such a continued flux. I didn't start driving a car until around 1986 so I don't have any recollection of gas prices before then. Do remember gas prices being really low when I was driving. You'll have to fill me in on Reagan's price deregulation scenario. Not sure what that means and how he can have OPEC abide by them.
SRFireside join:2001-01-19 Houston, TX	to forum · permalink · · 2005-04-28 12:27:28 ·
Beeper Part Of The Problem join:2001-09-27 Dayton, OH clubs:	said by SRFireside : You'll have to fill me in on Reagan's price deregulation scenario. Not sure what that means and how he can have OPEC abide by them. The policy was to try to protect US consumers from high oil prices by setting the price of oil. The consequence was that no one had oil. After Reagan deregulated, oil shortages disappeared and prices fell sharply. -- Guaranteed Fear and Loathing. Abandon all hope. Prepare for the Weirdness. Get familiar with Cannibalism.
	to forum · permalink · · 2005-04-29 17:11:19 ·


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