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To: GVTucker who wrote (67499)4/7/2005 9:56:24 AM
From: rkral  Read Replies (1) | Respond to of 77400
 
GVTucker, re "After all, since crude is one of the major components, to a large extent you're adjusting the price of crude to compensate for increases in the price of crude."

If crude were the *only* component, the inflation-adusted price would be constant. The fact that it's not constant suggests to me the adjustment is meaningful.

Besides, the price inflator/deflator used may have excluded this major component.

Ron


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