Gas Prices
FTE Legend
Joined: Jun 2004
Posts: 31,895
Likes: 2,385
From: Upstate NY
We still have it great here in this country. We may have to think twice about driving vehicles or not and yes things might cost more than we are use to but compared to what the majority of the world deals with, we are sitting pretty!
Senior User
Joined: Nov 2010
Posts: 146
Likes: 0
From: Air Capitol, KS
I prefer to ignore all the mainstream media, including the big 3 cable news networks. When they're not filling your head full of mindless fluff (like Charlie Sheen's rant or the daily schedule of the prince of England), they're pushing biased facts and figures designed to generate an emotional response to keep your eyes glued to the set.
Postmaster
Joined: Apr 2008
Posts: 4,802
Likes: 1
Yup, there is that, even when were paying over $5/gal few summers back that was still much cheaper than what they pay in other countries, say pretty much the whole EU.
Laughing Gas
Joined: Nov 2010
Posts: 924
Likes: 4
From: Johns Creek GA
Ya know, I never quite understood that - darn thing is already sitting in the tanks under the fuel stations ready to be pumped int our vehicles, so how exactly is its cost affected by whatever turmoil or natural disasters may be going on across the world? I get it that the price of crude is dependent on whatever mess they may have on their hands where they pull it from the ground, and that the fuel made of this crude will also have higher cost respectively, but that's all in the future - if anything it takes weeks to get said crude in here and turn it into fuel we can use, so shouldn't the higher gas prices hit us then when the expensive crude is actually turned into expensive fuel?
Post Fiend
Joined: Jul 2004
Posts: 8,786
Likes: 28
From: Northern California
I agree. Price speculation should be outlawed in my opinion, as is insider trading. Infact I think price speculation is more harmful to the economy than insider trading.
Sell the stuff for what it's worth now. Not for what you think it will be worth later.
And as CTBUTIS said, $4 was the magic point last year where the economy was on the verge of grinding to a halt. Remember how the fuel prices dropped to $1.50 as if by magic? And I agree, it won't take much more than $4 this time either, perhaps $5.
I've actually had discussions with friends of mine from Europe, and Great Britain, and the Fuel prices they pay, and what we pay are close to the same fiscal impact to our wallets. When you factor in the average wage between their workers and ours, their public transit systems, to our almost non existant ones by comparison, the price evens itself out.
Sell the stuff for what it's worth now. Not for what you think it will be worth later.
And as CTBUTIS said, $4 was the magic point last year where the economy was on the verge of grinding to a halt. Remember how the fuel prices dropped to $1.50 as if by magic? And I agree, it won't take much more than $4 this time either, perhaps $5.
Originally Posted by spurredon
We still have it great here in this country. We may have to think twice about driving vehicles or not and yes things might cost more than we are use to but compared to what the majority of the world deals with, we are sitting pretty!
Originally Posted by LCAM-01XA
Yup, there is that, even when were paying over $5/gal few summers back that was still much cheaper than what they pay in other countries, say pretty much the whole EU.
Cargo Master
Joined: Dec 2004
Posts: 3,362
Likes: 22
From: Florence, SC
Originally Posted by ri_truck_guy
The really sad thing is we could bring the oil speculators and companies to their knees if we'd all only stay home for one weekend a each month....it would cause enough of a spike in supply to drive the prices through the floor. Of course, the problem is nobody wants to do it....
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Elder User
Joined: May 2010
Posts: 756
Likes: 1
From: central illinois
I am just waiting for the middle class worker to become the new poverty level. Then all those living off the Government will become the new middle class. The rich will be richer. We as law abiding citizens will have to take arms in order to protect our selves from theft crimes & the gov. Yes it seems far fetched, but not totally out of reach. I am not trying to get into a "political" post here. I believe WE as citizens need to stand up for ourselves. It appears that those "we" have "elected" are not.
End of Rant.....
End of Rant.....
Posting Guru
Joined: Jun 2002
Posts: 2,091
Likes: 3
From: Suffolk, VA USA
I'm just glad we're getting into bike season here in southern VA....I might clear a profit from going to work....
Postmaster
Joined: Apr 2008
Posts: 4,802
Likes: 1
I've actually had discussions with friends of mine from Europe, and Great Britain, and the Fuel prices they pay, and what we pay are close to the same fiscal impact to our wallets. When you factor in the average wage between their workers and ours, their public transit systems, to our almost non existant ones by comparison, the price evens itself out.
Thread Starter
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Elder User
Joined: Nov 2010
Posts: 536
Likes: 2
From: Jacksonville, NC
I'm not sure what prices are where you're at, but here in the Villa Rica/Carrollton/Douglasville, GA area, gas went up about 6 cents a gallon overnight from about $3.49 to $3.56. So, it appears that I was misled about the 'predicted' outrageous price of gas today, and when I passed the gas stations this morning, I definitely called my dad and told him that that where ever he heard this estimate, it wasn't quite accurate. Sorry guys for the misinformation, but like I said, I figured I'd give you guys a heads up, just in case.. Anyway, false alarm.
On the flip side, the money I saved today by filling up yesterday can now be used for tonight's batch of cold ones.
On the flip side, the money I saved today by filling up yesterday can now be used for tonight's batch of cold ones.
Senior User
Joined: Feb 2011
Posts: 126
Likes: 0
From: Sequim, WA.
Don't worry about gas/fuel prices. When it gets high enough that people can't afford to get to work much less buy higher priced groceries...etc...etc..etc...due to those high prices you can bet SOCIALISM will kick in and the prices will be artificially lowered and subsidized by the govt. via higher taxes for all to trick ya...Besides...AAA says the prices will be starting to go down by the end of next month all the way thru summer. So, who doesn't believe AAA? They have been right everytime...LOL
Pete
Pete