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How does gas at $4 and higher impact you?

2183 messages, Last post on Nov 21, 2009 at 5:13 PM
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Replying to: gagrice (Jan 03, 2009 10:35 am) " The Oregon mileage charge plan has been put into limited use for a couple years. It seems that it would be easier to just get an Odo reading when you get your license tags each year. " I rather like replying to those worth replying to rather than to any well wishers of the Joads.But they'd kick his northern butt in OK so on with the post. Smiling and most good naturedly , good will to all. To keep us topical, intersection near me has a Chevron and across the street an Exxon that closed and has been rebranded into a Citgo. Depite being 10 cents cheaper no Houstonians have yet crossed the line. Everytime I pass it it is empty. Price will prevail but for the near term , good on you Texans. Suck it Hugo. Happy 2009 all.
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Replying to: duke23 (Jan 03, 2009 7:59 pm) It is in the gov't's favor for gas prices to be high except for the fact that recently consumption is down. So with one new factor not in their favor, the gov't needs to fix it so there are no factors not in their favor? Of course. Let no citizen go unscrewed. |
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So Hamas lobs some rockets and oil goes up (gas REALLY goes up). Who's interests are served by the turmoil? I've read that at the lows oil has hit Iran can not maintain it's government programs which prevent internal trouble. Iran funds Hamas and other groups like it. Could all this trouble be a gambit by Iran to boost oil prices? If it is, it seems to be working. Oil: Up $13. Gas: Up 40 cents (wholesale). Could this be the test Joe Biden warned about?
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Replying to: snakeweasel (Jan 03, 2009 9:18 am)
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Replying to: oldfarmer50 (Jan 06, 2009 9:21 am)
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Replying to: nippononly (Jan 06, 2009 4:25 pm) "In case anyone needed one, it is a little reminder of how volatile oil and gas prices are and will continue to be, in case someone thought $2 gas was "back to stay". " Not me NO, I know it doth love it's extremes. But now that the paradigm is broken it reacts only to extreme political turmoil and very cold weather.And even then only temporarily. Did I mention it's going to be an exceptionally cold winter ( yet again) ? Whether we put in the low last week or there's another retest coming in the first quarter remains to be seen but , the economic news should damper any attempts by Opec until later in the year when demand starts to pick up. Meanwhile credit card delinquencies and trouble in commercial real estate should keep deflationary pressure up. |
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Replying to: berri (Jan 06, 2009 11:09 am)
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Replying to: euphonium (Jan 07, 2009 12:13 pm) So true. I would guess that the bulk of road wear and tear is caused by heavy trucks. It would seem logical then to make them pay higher road and gas taxes right? Maybe not. Businesses don't PAY taxes they simply PASS THEM ALONG. If you tax truckers more for road use they either charge you, the consumer, more for shipping or they go broke. This raises the price for everything delivered by truck. So you end up paying the tax. We little guys always pay. |
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Replying to: nippononly (Jan 06, 2009 4:25 pm) |
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They may be jumping out the windows. Oil dropped almost 6 bucks today despite the efforts of the international terrorist and speculators to bring back "the good old days". Wholesale gas dropped 11 cents. Don't you feel sorry for these guys?
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