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re: This feels like a race to the ceiling re:gas prices.

Posted on 3/5/22 at 3:56 pm to
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
134895 posts
Posted on 3/5/22 at 3:56 pm to
quote:

As a lay person, explain that. Does that make sense to see


Daily changes in gas prices is simply price gouging.
Posted by Woolfman_8
Old Metairie
Member since Oct 2018
2072 posts
Posted on 3/5/22 at 3:56 pm to
quote:

Last time this happened, I remember plenty of people trading in their low MPG vehicles for cars with higher fuel efficiency. I don't see how that is possible at this point


actually curious to see how this plays out. will it drop the trade in value of low mpg SUV's? not that anyone can trade them in and get something new anyway
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
134895 posts
Posted on 3/5/22 at 3:58 pm to
O&G baws placing their orders for 2023 F350's as we speak. Brass truck nuts.
Posted by tigerinthebueche
Member since Oct 2010
37643 posts
Posted on 3/5/22 at 3:58 pm to
quote:

And not one mfering gallon of gas you buy over the next two weeks cost one cent more to make etc.



Wow, it’s almost like it’s a commodity or something, huh? I’m glad no other items fluctuate in price on a daily, nay, hourly basis.
Posted by NoSaint
Member since Jun 2011
12421 posts
Posted on 3/5/22 at 4:01 pm to
quote:

This is pure arse price gouging. I remember 30 years ago he econ professor explained it like this.

As soon as gas station owners find out that gas is going to be more expensive they raise the prices on the pumps even though the gas and their storage tanks has not increased in price one fricking penny. When gas prices have sudden decreases, they don’t do the same thing.


I said many a time that the average Joe screaming to expect hikes causes a percentage of the swing and pushes up the timeline

The second they have cover of expectations they eat up that profit
Posted by Grievous Angel
Tuscaloosa, AL
Member since Dec 2008
10648 posts
Posted on 3/5/22 at 4:03 pm to
quote:

Last time this happened, I remember plenty of people trading in their low MPG vehicles for cars with higher fuel efficiency.


People have short memories.

Purchase decisions (and then baw mods) have consequences.
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 3/5/22 at 4:16 pm to
quote:

Last time this happened, I remember plenty of people trading in their low MPG vehicles for cars with higher fuel efficiency. I don't see how that is possible at this point.


And those people ended up spending far more as their flooding the market with full size SUV's and trucks killed the resale value.

Posted by danilo
Member since Nov 2008
24590 posts
Posted on 3/5/22 at 4:35 pm to
Working from home and my sedan doesn’t look so bad after all
Posted by MyRockstarComplex
The airport
Member since Nov 2009
4851 posts
Posted on 3/5/22 at 4:37 pm to
[sarcasm] The free market doesn’t work. You don’t need to own things. You can enjoy your government provided housing, transportation, and food allowances.

But at least there won’t be cash to take out hits on rappers at the mall in broad daylight.
This post was edited on 3/5/22 at 4:38 pm
Posted by SelaTiger
Member since Aug 2016
21057 posts
Posted on 3/5/22 at 4:44 pm to
Does anyone believe this would all be happening under Trump? Just curious.
This post was edited on 3/5/22 at 4:45 pm
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 3/5/22 at 4:54 pm to
Nope.
Posted by Dominate308
South Florida
Member since Jan 2013
2895 posts
Posted on 3/5/22 at 4:56 pm to
We will see $200 a barrel and $7 a gallon before the end of the year.
Posted by TimeOutdoors
LA
Member since Sep 2014
13066 posts
Posted on 3/5/22 at 4:57 pm to
I picked a bad time to work on getting my pilots license. Unleaded here is probably around 7 per gallon now. I can’t imagine what AV gas is going to be.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
134895 posts
Posted on 3/5/22 at 4:58 pm to
quote:

We will see $200 a barrel and $7 a gallon before the end of the year.


If we are lucky, at least we will have a different congress to deal with in the new year.
Posted by Joe_Dirte
The Boot
Member since Feb 2019
863 posts
Posted on 3/5/22 at 5:01 pm to
quote:

14mpg isn’t fun anymore


Ain’t that the truth. Dang
Posted by Klark Kent
Houston via BR
Member since Jan 2008
72679 posts
Posted on 3/5/22 at 5:11 pm to
quote:

O&G baws placing their orders for 2023 F350's as we speak. Brass truck nuts.


nope, not yet
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 3/5/22 at 5:11 pm to
quote:

Daily changes in gas prices is simply price gouging.


Can we all agree plz
Posted by Cycledude
Member since Jul 2018
2106 posts
Posted on 3/5/22 at 5:16 pm to
Ford picked a bad time to stop making small cars. That, and hybrid sales are about to take off!
Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 3/5/22 at 5:18 pm to
Rocket up and parachute down

Econ 101 - ceilings and floors produce shortages and surpluses

Believe you just meant "up"

Posted by Chasin The Tiger
Lake Travis, TX
Member since Sep 2012
614 posts
Posted on 3/5/22 at 5:27 pm to
Austin TX, diesel was 3.99 yesterday, 4.49 today at the same station. WTF!
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