The Hidden Pattern in Gas Prices (And How to Beat It) | Diving In

The Hidden Pattern in Gas Prices (And How to Beat It) | Diving In

Oil prices spike and pump signs change almost instantly. But when crude falls, the savings trickle in slowly — if they arrive at all. This pattern, known as "rockets and feathers," is real and measurable across decades of data. But does it prove oil companies are gouging you, or is something else entirely responsible?

In this episode, Justin Wolfers breaks down what the data actually reveal about gas price asymmetry, explores three plausible mechanisms that could create it — from consumer search behavior to tacit strategic interaction to supply chain dynamics — and explains why proving wrongdoing is much harder than spotting the pattern. Most importantly, he shows you when information actually matters: not on the way up (bad news travels fast), but on the way down, where checking a gas-price app or comparing nearby stations can help you find relief faster than waiting for the market to deliver it.

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Feel Your Feelings: Jobs, Trump Accounts, and America's Big Birthday | Off the Clock

Feel Your Feelings: Jobs, Trump Accounts, and America's Big Birthday | Off the Clock

Justin is back with Stacey Vanek Smith for another episode of Off the Clock just in time for America’s 250th birthday. The two of us dive into the latest economic news, and sift through the noise so y...

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June Jobs Report: Not Sinking, But Not Surging. Just Treading Water. | Diving In

June Jobs Report: Not Sinking, But Not Surging. Just Treading Water. | Diving In

Is a “bad” jobs number is closer to normal than you think? In this 10-minute breakdown, Justin Wolfers explains how to read the latest jobs report without overreacting to a single headline. June payro...

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Navigating Inflation: Smart Strategies for Better Choices | Diving In

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Inflation doesn't just raise prices — it tricks you into staring at bigger dollar numbers instead of asking what those dollars can actually buy. A two percent pay raise sounds great until inflation is...

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How Food Delivery Killed Competition (And Took Your Budget With It) | Diving In

How Food Delivery Killed Competition (And Took Your Budget With It) | Diving In

Getting food delivered should be simple — but somehow it's gotten outrageously expensive. In this video, Justin Wolfers break down why food delivery apps like DoorDash, Uber Eats, and Grubhub make it ...

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Sifting Through the Wreckage of An Ill-Informed War| Slate's What Next + Platypus Economics

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In this episode of Slate's What Next, we examine the economic costs of the conflict with Iran and why the true price of war extends far beyond the immediate impact on oil prices. From higher energy co...

23 Kesä 25min

Better Lawyers, Worse Economics: Inside Trump's Latest Tariff Strategy | Diving In

Better Lawyers, Worse Economics: Inside Trump's Latest Tariff Strategy | Diving In

Trump's trade war just won't die. After the Supreme Court struck down his "Liberation Day" tariffs and courts blocked his emergency global surcharge, the White House is back with a third attempt — thi...

17 Kesä 14min

The Job Numbers Will Probably Get Revised—That’s Not A Scandal | The Professor Is In

The Job Numbers Will Probably Get Revised—That’s Not A Scandal | The Professor Is In

Justin Wolfers breaks down the biggest myths surrounding the monthly jobs report, starting with why strong hiring doesn't always move the unemployment rate. He also addresses the recurring claim that ...

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