Fuel Prices going DOWN!!!!!
Tuned
Joined: Jan 2005
Posts: 433
Likes: 57
From: Bridgewater Ma
Logistics Pro
Joined: May 2022
Posts: 4,281
Likes: 2,415
From: Everywhere and nowhere
We are in a recession. It is impossible to have job participation down, prices up double digit percentages for 2 consecutive quarters and debt at an all time high and not say we are in a recession. The stock market is not an indicator of the economy. Even so, my 401K is still down 23% from its peak during 2020.
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Cross-Country
Joined: Feb 2021
Posts: 72
Likes: 13
The rest of the words are gaslighting. They changed the definition to fit the current narrative. The definition still describes the same situation as 2 consecutive quarters of GDP decline just in different words you can try to interpret as not a recession. Consumer debt is at an all time high. Job participation is down overall. Prices for EVERYTHING are still up.
We are in a recession. It is impossible to have job participation down, prices up double digit percentages for 2 consecutive quarters and debt at an all time high and not say we are in a recession. The stock market is not an indicator of the economy. Even so, my 401K is still down 23% from its peak during 2020.
We are in a recession. It is impossible to have job participation down, prices up double digit percentages for 2 consecutive quarters and debt at an all time high and not say we are in a recession. The stock market is not an indicator of the economy. Even so, my 401K is still down 23% from its peak during 2020.
I still don't see how a 1% reduction in the labor participation rate - ie people deciding that they don't want to work and are not looking for work - has any bearing on whether we are in a recession or not. Consumer debt is at an all time high due to inflation - this may lead to a recession but it doesn't mean we're in one now.
High inflation and low unemployment are also thought to be leading indicators of a recession - suggesting that our risk of recession in the next year or two is increasing, especially if we do not get inflation under control. But we aren't in one yet.
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Cross-Country
Joined: Feb 2021
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Logistics Pro
Joined: May 2022
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From: Everywhere and nowhere
Lead Driver
Joined: Jul 2003
Posts: 9,357
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From: AKRON ohio
you are the one that said you'd never own a truck camper, yet here you are in this forum debating. Do you just need that much attention?
I love my short bed. I don't need to explain to you again why I ordered a short bed.
I love my short bed. I don't need to explain to you again why I ordered a short bed.
More Turbo
Joined: Jun 2014
Posts: 749
Likes: 93
From: Pagosa Springs CO.
Now children, play nice..
Gas prices aren't going down too quickly in my neck of the woods.
Looks like a lot of gouging going on down here.
Gas prices aren't going down too quickly in my neck of the woods.
Looks like a lot of gouging going on down here.
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Cross-Country
Joined: Oct 2021
Posts: 81
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From: Alamogordo, NM
Filled up the SUV this morning, $3.17 a gallon for 86 octane here in the desert. Been a roller coaster for pricing the past few months. 
Good news as that will get the gas cost of a fishing trip down $35 and only $20 more than two years ago.
Hope it stays that way.
Good news as that will get the gas cost of a fishing trip down $35 and only $20 more than two years ago.
Hope it stays that way.
Logistics Pro
Joined: May 2022
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From: Everywhere and nowhere
Logistics Pro
Joined: May 2022
Posts: 4,281
Likes: 2,415
From: Everywhere and nowhere
I live in the land of non-ethanol gas so I cant compare those prices to 85, 86 or even 87 with 10% ethanol cause its apples to oranges but nonethanol 87 was still around $4.50/gallon in TN by my inlaws and its $4.74 cheapest I can find it in Alaska. When I see cities that have 10% ethanol gas for more than I'm paying for straight 87 I know they are getting gouged.
Lead Driver
Joined: Jul 2003
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From: AKRON ohio
I live in the land of non-ethanol gas so I cant compare those prices to 85, 86 or even 87 with 10% ethanol cause its apples to oranges but nonethanol 87 was still around $4.50/gallon in TN by my inlaws and its $4.74 cheapest I can find it in Alaska. When I see cities that have 10% ethanol gas for more than I'm paying for straight 87 I know they are getting gouged.
Hotshot
Joined: Jul 2002
Posts: 18,270
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From: Sheridan / Gilchrist
Just filled the car at $4.899 for 87 unleaded with ethanol. Diesel still at $6.00. NW Oregon.
Two stations in town are at $5.059 and 5.099 for regular unleaded.
Off road - Marine Fuel running $5.799 plus, depending on if you are at a marina or a land locked station.
Two stations in town are at $5.059 and 5.099 for regular unleaded.
Off road - Marine Fuel running $5.799 plus, depending on if you are at a marina or a land locked station.
