NightBlogger

Photo ninjapoodles

When looking at the Craigslist listing data and comparing it to U.S. Retail Gasoline Price charts, you can see that July 2007 was after the period America had to deal with $3.00 a gallon gas. Although there is some lag time in the price rises, you can see that for each bump of increase in retail gas price, Craigslist saw stronger and stronger gains in the listing growth rates. When you look at February of 2008, when gas price started to climb to the sky, the listings growth on Craigslist for cars and trucks and recreational vehicles reacted perfectly in line with the gas price increase. More