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re: Who actually cares how much a gallon of gas cost?

Posted on 5/12/18 at 6:24 pm to
Posted by OMLandshark
Member since Apr 2009
120445 posts
Posted on 5/12/18 at 6:24 pm to
quote:

Have you ever heard someone say “ well I can’t afford to pick up some steaks for the grill tonight cause gas at the pumps is too high”?

I guess a lot of people live paycheck to paycheck...


Yeah, go frick yourself, you judgemential prick. I’m willing to bet mommy and daddy paid for gas in high school and college.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 5/12/18 at 6:25 pm to
quote:

Let’s say this same family booked a beach trip to 30-A last October.
Now let’s say some crazy shite went down in Iran and caused gas prices to soar to $5 a gallon in a weeks time.

Would that family cancel their trip because the price of gas would cost them an extra $200 to get there?


No because no matter what their vehicle doesn’t run without fuel. So they will pay it and go on their trip.



They won't cancel their trip, but they will eat out one less time a week or grill chicken instead of steaks or not go to the movies to make up for the increased gas prices. So they would alter their behavior.

If you can't understand this you have no hope understanding basic economics.
Posted by OMLandshark
Member since Apr 2009
120445 posts
Posted on 5/12/18 at 6:27 pm to
quote:

How so? Have you ever personally not done something because of what the price of gas was?


I guarantee that most posters here have been in this situation at one time or another. There’s been times where I can’t afford to go to concerts with gas being a major expense. No one is going to say openly “I’d love to come man, but man gas prices are just grinding on me.” Everyone pays for gas so it’s just an advertisement that you don’t have much money.

You’re an idiot. Congrats on never paying for gas at least until your mid 20s. Go frick yourself.
Posted by geauxcats10
AP
Member since Jul 2010
4241 posts
Posted on 5/12/18 at 6:28 pm to
Y’all are completely missing the point.

No matter what the price of gas is people will pay it.

All the associated costs of companies with higher transports costs being passed down; people will pay it.

No one is peddling their bike to their doctors appointment because gas is too high
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43449 posts
Posted on 5/12/18 at 6:30 pm to
quote:

Y’all are completely missing the point.


No, my friend, you are.
Posted by OMLandshark
Member since Apr 2009
120445 posts
Posted on 5/12/18 at 6:30 pm to
quote:

I understand the math....


LOL

quote:

but that won’t stop them from going to the movies or making sure they have an iPhone


Ummm first off a smart phone is now a necessity in this current environment, and secondly go to the M/TV board sometime and see what people are saying about theaters. I’ve heard from multiple posters that they can only afford to go to the theaters once a month due to it being $100 every time they go with their family.
Posted by geauxcats10
AP
Member since Jul 2010
4241 posts
Posted on 5/12/18 at 6:30 pm to
I have been there done that as a broke college student buying flats of Ramen. That’s one thing. It’s another when your 15 years post college




The entire world will not stop turning because gas prices are high... people will continue about their lives and pay it whatever it costs.
This post was edited on 5/12/18 at 6:31 pm
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43449 posts
Posted on 5/12/18 at 6:31 pm to
quote:

I have been there done that as a broke college student buying flats of Ramen. That’s one thing. It’s another when your 15 years post college


So you are using anecdotal evidence to support your claim.

Yikes.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 5/12/18 at 6:31 pm to
quote:

Y’all are completely missing the point.



No, you're missing the point.

quote:

No matter what the price of gas is people will pay it.


Of course, but they'll alter their behavior to purposely use less, which you contented they did not, which is an idiotic take.
Posted by ABearsFanNMS
Formerly of tLandmass now in Texas
Member since Oct 2014
20205 posts
Posted on 5/12/18 at 6:32 pm to
Not me, my company pays for my gas.
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43449 posts
Posted on 5/12/18 at 6:32 pm to
Posted by OMLandshark
Member since Apr 2009
120445 posts
Posted on 5/12/18 at 6:33 pm to
quote:

Let’s say this same family booked a beach trip to 30-A last October.
Now let’s say some crazy shite went down in Iran and caused gas prices to soar to $5 a gallon in a weeks time.

Would that family cancel their trip because the price of gas would cost them an extra $200 to get there?


No because no matter what their vehicle doesn’t run without fuel. So they will pay it and go on their trip.


I’ve figured out who you are:

Posted by geauxcats10
AP
Member since Jul 2010
4241 posts
Posted on 5/12/18 at 6:34 pm to

This post was edited on 5/12/18 at 6:35 pm
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53535 posts
Posted on 5/12/18 at 6:34 pm to
I used to when I lived 25 miles from work, made half what I do now and drove a truck that got about 15 mpg. We live 5.5 miles from my office, 2 miles from the wife's and 1.5 from my daughter's school.

I don't really care what it costs now. Obviously the cost of fuel causes other prices to rise due to transportation costs etc.
Posted by OMLandshark
Member since Apr 2009
120445 posts
Posted on 5/12/18 at 6:34 pm to
quote:

It’s another when your 15 years post college


Here’s a tip: when everyone is accusing you of being a self righteous retard, try to use “you’re” correctly.
Posted by geauxcats10
AP
Member since Jul 2010
4241 posts
Posted on 5/12/18 at 6:36 pm to
Sorry autocorrect laid that trap for me
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
23921 posts
Posted on 5/12/18 at 6:38 pm to
quote:

No one is peddling their bike to their doctors appointment because gas is too high


I’d consider biking to work if gas went to $5/gallon.
Posted by geauxcats10
AP
Member since Jul 2010
4241 posts
Posted on 5/12/18 at 6:38 pm to
Full disclosure: I work for an O&G company


Come on $100/bbl!!!!
Posted by Pechon
unperson
Member since Oct 2011
7748 posts
Posted on 5/12/18 at 6:39 pm to
I don't care at all for a couple reasons:

I don't commute nearly as much as I did several years ago. I work from home most of the time.

An oil and gas industry flush with cash will spend it. When the price of gas goes up, they spend money on technology, which in turn helps my numbers and bank account.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 5/12/18 at 6:40 pm to
quote:

Full disclosure: I work for an O&G company


Come on $100/bbl!!!!



Now I understand why you don't understand.
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