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Non-Tech : Farming -- Ignore unavailable to you. Want to Upgrade?


To: bart13 who wrote (572)3/16/2008 8:52:39 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 4448
 
Using the pre-1997 CPI method would make oil look less able to keep up with inflation.

Adjusting for the changes to the CPI made in 1997 would make inflation-adjusted oil prices even lower, after 1997, as you would be using a higher inflation rate.

Not a very compelling story as a way to beat inflation long-term. You almost keep up with inflation - then subtract taxes!

This is a similar view of Inflation-adjusted Gasoline prices.