He sent me this one this morning, and while it's a little sparse, the bottom right hand corner caught my eye:
Now, I have no idea how much was given to Solyndra, or how many jobs wind energy has left, but I do know a thing or two about gas prices and infographic figures.
First, those gas pumps are totally deceptive. $3.79 is almost exactly 2 times $1.85. Fine. However, let's look closely at those gas pumps:
I pulled out the ruler when I cropped the photo, and confirmed my suspicions. The larger pump in the picture doubles both the height and the width of the first pump. That's not twice as big....that's four times as big. I'm sure they'd defend it by pointing to the dashed lines in the background and saying only the height was supposed to be reflective, but it's still deceptive. Curious what a gas pump actually twice as big would look like? Here you go....original low price on the left, original "double" price on the right, actual double in the middle.
Graphics aside, let's look at the numbers.
You can see this a bit better if you isolate George W Bush's presidency:
Now, you could accurately say that George Bush took office with gas prices at $1.53 and left with them at $1.74....but clearly that would ignore a whole lot of data in between.
Now here's the averages and standard deviations for each term of the presidencies:
GWB - 1st term | GWB - 2nd term | BHO – current term | |
Average Gas Price | 1.63 | 2.78 | 2.99 |
Standard Deviation | 0.22 | 0.56 | 0.56 |
Now, none of this adjusted for inflation. By adjusting the yearly averages to 2010 dollars, I got the second term of GWB to $2.99, and the current term for BHO to $3.00.
You don't have to like Barack Obama, and you certainly don't have to like gas prices. No matter what your political affiliation, I think we can all agree on one thing: ALWAYS beware of infographics.
Nice article, thanks for the information.
ReplyDeleteHmm, sewa wrote to me as well...
ReplyDeleteAnyway, those gas pumps and that type of deception is straight out of the classic "How To Lie With Statistics."
Awe, and here I thought sewa was being sincere.
ReplyDeleteAnd yes, ever since I read that book I have not been able to look at an infographic without thinking of that.
Well, I figured that the data was chosen with a convenient minimum and a recent high.
ReplyDeleteI hadn't considered the strange things that can be done with graphics.
What I do know is that I have data on my own gas usage across the Obama and Bush administrations.
By somewhat of an accident, the easiest data to access is the Obama timeframe.
I have data on most of my fuel-refills (gallons used and miles traveled) since 2000. However, for my current vehicles (Jeep and motorcycle) I have fuel used, fuel cost, and mileage traveled since the vehicles were purchased. (One vehicle was purchased in summer of 2007, the other in summer of 2009. I added fuel-cost to my gas-mileage tracking in 2007.)
When I look at that data, I get a similar impression. The cost-per-gallon did a deep dip in early 2009, but rose back to an average in the vicinity of $2.75/gal by summer 2009. In early 2011, the price rose rapidly, and fluctuated between $3.25 and $4.00/gal since then.
However, when I compare total cost to total gallons purchased, that value is still less than $3/gal. Thus, I'm still averaging $3/gal over the entire Obama Presidency.
Things aren't considerably worse than during the second Bush term (though I think he was blamed for only one summer of $4/gal gas, and Obama looks like he might get blamed for a second summer of prices at that level).
wilde karrde riffed on this
ReplyDeleteexcellent. very romantic and energetic. a nice post. I'm waiting for the next article. Thank you very much
ReplyDeleteGreat blog share. I like your all type blogs. lovely post share. jesse young credico
ReplyDeleteBut if your essay or dissertation will be prolonged or it is just a dissertation, inpatient drug rehab florida
ReplyDeletethank you for sharing southwestern bedspreads
ReplyDeleteThis is the type of information that should be given and not the random misinformation that is at the other blogs.Ghana Daily News
ReplyDeleteThanks a lot for this kind of perfect topic. I have not only a lots of information about it but I have got an extra unique info in your unique post.! trading guide
ReplyDeleteThis is an intresting blog that you have posted, you shares a lot of things about.
ReplyDeleteOnline Doctor of Psychology programs California
online masters in clinical psychology
online forensic psychology degree
licensed professional clinical counselor california
marriage and family therapist california
Online Health Psychology Doctor of Psychology program California