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Author Topic: So for every 10 cents in gas price increases, $9 billion less is spent on other goods. [Locked]
Sith_Mauler  4 stars
Posts: 1,851
Registered: 2002-12-21 13:40:03
Gasoline prices could soon hit $4 a gallon, a threshold they haven't flirted with since last spring.

The average price paid by U.S. drivers for a gallon of regular now stands at $3.52, according to the U.S. Energy Information Administration, which released its latest figures this afternoon. That price represents an increase of 0.04 percent from a week ago and 0.38 percent from a year ago.

Experts expect prices to spike another 60 cents or more, with the $4 mark being touched—or exceeded—sometime this summer, probably by Memorial Day weekend, the peak of the summer driving season. The last time the U.S. saw $4 gasoline was back in the summer of 2008.

http://abcnews.go.com/Business/gas-hit-dollars-gallon/story?id=15574151#.TzpcKVHh3IU

 

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winga  4 stars
Title: Canadian
Posts: 2,256
Registered: 2001-4-27 15:46:32
Okay...
Sith_Mauler  4 stars
Posts: 1,851
Registered: 2002-12-21 13:40:03
winga posted:

Okay...



I am not ok spending $4 per gallon as a new average gas price.

 

-----signature-----
Well I ain't first class
But I ain't white trash
I'm wild and a little crazy too
I have seen a lot of things in my life time.
That is why I walk the line I walk.
winga  4 stars
Title: Canadian
Posts: 2,256
Registered: 2001-4-27 15:46:32
Then don't drive?
Sith_Mauler  4 stars
Posts: 1,851
Registered: 2002-12-21 13:40:03
winga posted:

Then don't drive?



I have to work and I would like to finish college since I am in my jr year and where I live public transportation doesn't exist.

Plus never mind the fact I see my kids once a month and thats a 4 hour drive away.

 

-----signature-----
Well I ain't first class
But I ain't white trash
I'm wild and a little crazy too
I have seen a lot of things in my life time.
That is why I walk the line I walk.
Aerlinthian  4 stars
Posts: 2,126
Registered: 2001-5-7 23:53:38
winga posted:

Then don't drive?

You're catching on. Look up Agenda 21.
Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Interesting to know that a dime from 1925 could purchase a gallon of gas then and if melted now, still can purchase a gallon of gas.

Just shows you that the problem is not the price of gasoline but the debasement of the currency that has led to gas being "so expensive"


If we allowed people to use gold and silver instead of government monopoly money .. gas would be 10 cents a gallon again.

 

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Dwaveran  3 stars
Title: Wants to Ban Canada...
Posts: 909
Registered: 2003-1-23 11:01:28
hey BT is back!

 

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FunTak  1 star
Posts: 110
Registered: 2003-1-29 10:18:33
I dont understand this whole thing. Why are these oil companies allowed to profit so much off of this? Oil hasn't gone up but speculation has driven the price of fuel at the pumps through the roof. How come my meaningless salary is being used to line the pockets of people who already have more money than they know what to do with when I can barely afford food, let alone education? As silly as it sounds, someone as simple as oil pushes us farther and farther away from having middle classes. Won't be long until its just the Upper class and the Welfare class.
jeune  1 star
Posts: 216
Registered: 2005-5-29 13:25:11
Brother_Tempus posted:

Interesting to know that a dime from 1925 could purchase a gallon of gas then and if melted now, still can purchase a gallon of gas.

Just shows you that the problem is not the price of gasoline but the debasement of the currency that has led to gas being "so expensive"


If we allowed people to use gold and silver instead of government monopoly money .. gas would be 10 cents a gallon again.



How is the government preventing you from using gold and silver? Seems like purchasing gas is a private transaction between 2 individuals... sounds like you need to have a talk with your gas station instead of trying to get the govt involved in everything.

Stop using the govt to try and push your ideology on everyone else BT... the govt needs to stop growing.

 

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"Whenever the white man treats the Indian as they treat each other then we shall have no more wars. We shall be all alike — brothers of one father and mother, with one sky above us and one country around us and one government for all."

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