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Re: Walmart sales & gas prices
- To: PEN-L@xxxxxxxxxxxxxxxx
- Subject: Re: Walmart sales & gas prices
- From: Jim Devine <jdevine03@xxxxxxxxx>
- Date: Fri, 26 Aug 2005 19:59:32 -0700
- Domainkey-signature: a=rsa-sha1; q=dns; c=nofws; s=beta; d=gmail.com; h=received:message-id:date:from:to:subject:in-reply-to:mime-version:content-type:content-transfer-encoding:content-disposition:references; b=DTBTXYeQeCJ5AJ2TeB30OXwDRIuRmvG+Ln9H0nbRsCVfO2fPWRWFb9Ce48l57gv80nGbC0CQSSpS7Mj348nH6/D4I8K2Mltv8/g/PQS3t0E09H7eNELweCujHjohV27O73aQwjeyGoDT+SerVPxzrKeR8JfDDubNGMd2KaDiQ98=
Walmart traditionally has had its stores outside of the center of
town. Thus one had to drive to its stores, something encouraged by low
gas prices. But what if Walmart changes its strategy, building in
places like (say) Oakland, CA?
On 8/26/05, Michael Perelman <michael@xxxxxxxxxxxxxxxxx> wrote:
> This chart shows what appears to be a pretty solid relationship over the last 10
> years.
>
> http://bigpicture.typepad.com/.shared/image.html?/photos/uncategorized/wmtgas.jpg
> --
> Michael Perelman
> Economics Department
> California State University
> Chico, CA 95929
>
> Tel. 530-898-5321
> E-Mail michael at ecst.csuchico.edu
>
--
Jim Devine
"An economic forecaster is like a cross-eyed javelin thrower: they
don't win many accuracy contests, but they keep the crowd's
attention." -- Anonymous
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