Friday, April 29, 2011

Rush Hour Charts: Breaking Down the Cost of Gas

Rush Hour Charts: Breaking Down the Cost of Gas: "

Derek Thompson at the Atlantic offers a chart-filled look at gas prices. First, the “four major components”:


via the U.S. Energy Information Administration

Second, a pie chart that depicts the relative importance of several factors that play a role in rising gas prices:


An admittedly unscientific “editorial” pie chart

Thompson emphasizes the insignificance of domestic drilling:

The U.S. can drill all it wants but it’s hard to find anybody who expects greater domestic production to move gas prices by more than, say, two percentage points in the next six months.


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