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Saturday, November 22, 2008

Google Trends: Rising vs. Falling Gas Prices

According to Google Trends, the phrase "rising gas prices" (red line) has 13.5 times the search volume as "falling gas prices" (blue line) over the last year (see chart above), and even now the search volumes for both phrases are about equal, despite one of the greatest gas price decreases in history over the last few months.

Notice also in the bottom of the chart that the News Reference volume was significantly higher during the spring and summer of 2008 when gas prices were rising compared to the recent news volume now that gas prices are plummeting like never before in history!

Like the Dangerfield economy, "falling gas prices" get no respect from the media.

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