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Automotive News & Views Are gas prices fueling your pain? 
10042 messages, Last post on Jul 12, 2008 at 3:07 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: fintail (Jul 11, 2008 7:34 am) Tell me what kindof gun did those banks use to force those people to take out those mortgages? Lets put the blame where it really is ok.
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Replying to: snakeweasel (Jul 11, 2008 1:50 pm) The people will end up paying the price...as usual the overpaid irresponsible corporate cowards will not. The latter deserve a lot more blame than they currently receive - ok? One has to wonder why personal finance is virtually not taught - other than in the most remedial forms - in the American public K-12 system. Could it be intentional? I wonder who would lobby for such a thing. |
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http://news.yahoo.com/s/ap/20080711/ap_on_he_me/auto_deaths_gas_prices_2;_ylt=An- yYOLZGxvQlXNgVp_SniJaAsnsA So much for population control. Actually the study authors failed to consider that as gasoline goes past $10 a gallon people will start shooting each other over petrol, thus increasing the deaths. 
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Replying to: snakeweasel (Jul 11, 2008 1:50 pm)
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Anyone want to talk about gas prices or are we about done in here?
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Replying to: steve_ (Jul 11, 2008 7:14 pm) |
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Um...they're high? 
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Replying to: trichardson (Jul 11, 2008 7:30 pm) Yes indeed. I noticed it went back up to $3.99 on my way to work this afternoon. That's about the third time it has hit that mark but never higher. It usually drifts back down to around $3.88 over the course of a week and then jumps back to $3.99. Yesterday I warned some relatives that they'd better top off the tank because I sensed that it was ready for a jump. I was right. Wish I could predict the stock market like this. Perhaps the oil companies think that if gas goes over $4/gal in St. Louis it will trigger some catastrophic event.
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Replying to: avalon02wh (Jul 11, 2008 6:45 am) The writer goes on to say; "All this adds up to a decline in our standard of living and a huge write-down of American wealth. " Yeah, and we are doing it to ourselves. We are all making selfish decisions. The people in the M.E. are not putting a gun to our head telling us to buy that vehicle that gets 13 mpg. On the face of it we don't actually send 'most' of our money to the ME in fact it goes to our neighbors and a large part to SA. However since oil is a fungible product, our massive usage, viewed another way, means that we actually use 25% of the output of every field on earth. What we buy from Canada and Mexico means that those two countries are taken out of the world market by the volume of our huge purchases. This opens the doors to every other producer, friend or foe, to profit from the run up in prices. We don't directly pay for all that stuff in the ME but in fact we 'support' the prices that allow them to build it. We do need a lifestyle shake up.
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