Mark Rechtin Profile picture
Award-winning editor, journalist, strategist, analyst. Angeleno. Ducatisti. Brickhead. Tottenham. Cubs. Medill. Ex-MotorTrend, ConsumerReports, AutomotiveNews.
Jan 18, 2022 7 tweets 7 min read
All those pundits and politicians on @cnn @msnbc @business @abcnews @NBCNews @CBSNews @cnbc screaming about the high cost of gasoline need to look at this chart. This inflation-adjusted #gasprices data from the Bureau of Labor Stats shows gas prices are in fact at 50-year lows: And because people want to be sure data sources are accurate, here's another inflation-adjusted, real-and-nominal #gasprices chart from the EIA. Again, today we are nowhere near the real-price peaks under Reagan, GWB, and Obama: