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Message
re: Gas prices were $1.35 on 9/11/01
Posted on 9/11/14 at 2:07 pm to Napoleon
Posted on 9/11/14 at 2:07 pm to Napoleon
quote:
That would be more the weakening of the dollar, as Darth mentioned.
Yeah i'll have to remember that the next time i get a letter from my utility company explaining them raising rates or my pizza getting delievered explaining that extra delievery charge. Sorry you must be mistaken you said due to gas prices. You must have met the weakening dollar . You auburn people must be smoking the same crap!
This post was edited on 9/11/14 at 2:09 pm
Posted on 9/11/14 at 2:08 pm to GoCrazyAuburn
quote:
who me? Go over to the money board and you'd know that isn't true.
okay, option 2.
Your portfolio is oil heavy?
Posted on 9/11/14 at 2:08 pm to WDE24
quote:
Well, it is not just that. Those supplies that McDonald's uses get shipped around using large vehicles that run on gas. That increased fuel cost trickles down to the final price of most consumer goods.
I'm not denying any of that. I just pointed the big mac out because people get outraged paying that much for a gallon of gas, but a big mac, which has had a similar price increase, is no issue. It was just framing, but has no bearing on my actual argument.
Posted on 9/11/14 at 2:10 pm to Powerman
quote:
Oil companies do very little to dictate the cost of retail gasoline
I will hear it and see it daily here, but never believe it.
I know about the 18 cent fed tax and the 30 cent (average) state tax. But 50 cents in taxes ain't why Gas is $3.
I also never got how it can be thirty cents cheaper from one Exxon to the other a mile away.
Posted on 9/11/14 at 2:11 pm to FLObserver
quote:
Yeah i'll have to remember that the next time i get a letter from my utility company explaining them raising rates or my pizza getting delievered explaining that extra delievery charge. Sorry you must be mistaken you said due to gas prices. You must have met the weakening dollar . You auburn people must be smoking the same crap
The frick are you blabbering about?
Posted on 9/11/14 at 2:13 pm to GoCrazyAuburn
quote:actually space is one huge fricking vacuum.
We don't live in a vacuum.
Posted on 9/11/14 at 2:16 pm to CarRamrod
quote:
actually space is one huge fricking vacuum.
good point,
Posted on 9/11/14 at 2:17 pm to GoCrazyAuburn
quote:
The frick are you blabbering about?
You and the other professor trying to justify that gas is a great deal! Can you give me the number of your boss so i can call and thank him for giving me a great deal on gas!
Posted on 9/11/14 at 2:17 pm to Napoleon
quote:
okay, option 2. Your portfolio is oil heavy?
Why haven't the natural gas companies figured out how to gouge their customers then? I'm surprised their shareholders haven't had an uprising against the executives over missing out on these potential windfall profits.
Posted on 9/11/14 at 2:22 pm to FLObserver
quote:
Yeah i'll have to remember that the next time i get a letter from my utility company explaining them raising rates or my pizza getting delievered explaining that extra delievery charge. Sorry you must be mistaken you said due to gas prices. You must have met the weakening dollar . You auburn people must be smoking the same crap
You really don't understand how the weakening dollar has played a major role in driving up the price of crude oil on the commodities market and thus by extension gasoline at the pump, do you?
Posted on 9/11/14 at 2:28 pm to WDE24
If you take inflation-adjusted prices into account, then 1998 was the cheapest year of oil prices since 1946.
Posted on 9/11/14 at 2:29 pm to FLObserver
quote:
You and the other professor trying to justify that gas is a great deal! Can you give me the number of your boss so i can call and thank him for giving me a great deal on gas!
sigh.
I don't work in the gas industry, I don't know why you people keep acting like I do.
I can just understand a benefit analysis that what I get out of gas for $3.40 is a lot better than most things I can buy for $3.40.
Seriously, how is this hard for you guys to grasp?
Posted on 9/11/14 at 2:30 pm to WDE24
I remember filling up at one point it was $0.99. Not sure when that was or how long it lasted.
Posted on 9/11/14 at 2:30 pm to CarRamrod
quote:
actually space is one huge fricking vacuum
touche.
Posted on 9/11/14 at 2:32 pm to Darth_Vader
quote:
You really don't understand how the weakening dollar has played a major role in driving up the price of crude oil on the commodities market and thus by extension gasoline at the pump, do you?
Ok. Then enlighten us as to what the OT can do about this or we'll just have the other professor explain that 4.00 a gallon is a bargain. My point is there's nothing we can do about it except pay it. Don't need to listen to someone explain to me its really a deal. Hell no it isnt.
Posted on 9/11/14 at 2:32 pm to lsuwontonwrap
quote:
I remember filling up at one point it was $0.99. Not sure when that was or how long it lasted.
Late 90's. I wanted a 1964 Conntinental back then. Worst MPG of any car ever. (460 V8, heaviest car. Got less than 8mpg highway)
No way I could drive something like that now.
I bitch about getting 20mpg in my Tacoma.
Posted on 9/11/14 at 2:35 pm to FLObserver
quote:
My point is there's nothing we can do about it except pay it.
There are no other options out there?
Posted on 9/11/14 at 2:35 pm to GoCrazyAuburn
quote:
can just understand a benefit analysis that what I get out of gas for $3.40 is a lot better than most things I can buy for $3.40.
Word.
A gallon of milk is more expensive. And think about how little it took to get that to your table.
Posted on 9/11/14 at 2:36 pm to FLObserver
quote:
Ok. Then enlighten us as to what the OT can do about this or we'll just have the other professor explain that 4.00 a gallon is a bargain. My point is there's nothing we can do about it except pay it. Don't need to listen to someone explain to me its really a deal. Hell no it isnt.
You can take public transportation; ride a bike; carpool. You can also go long various commodities futures or invest in commodities producers to offset the effects of rising prices of food and energy. Right now you can lock in a barrel of oil all the way out to December 2022 for $87.14 per barrel. For gasoline, you can lock in $2.46 per gallon for September 2017.
This post was edited on 9/11/14 at 2:42 pm
Posted on 9/11/14 at 2:36 pm to FLObserver
quote:
You and the other professor trying to justify that gas is a great deal! Can you give me the number of your boss so i can call and thank him for giving me a great deal on gas!
Did you know that the market determines the price of crude oil, not some greedy billionaire in a corner office? And it must be a good enough deal if you routinely purchase it.
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