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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: lemmer (Sep 15, 2008 5:59 am) |
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...why, with oil down over $3 a barrel and wholesale gas down 17 cents a gallon, RUG at my local station is still up 18 cents? Granted, I'm not a business genius, but that seems a little strange to me. Unless they are just trying to rip us off. Nah, they'd never do something like that.
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Replying to: oldfarmer50 (Sep 15, 2008 8:38 am) |
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Replying to: oldfarmer50 (Sep 15, 2008 8:38 am)
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Replying to: mattandi (Sep 15, 2008 9:18 am) |
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Replying to: lemmer (Sep 15, 2008 10:30 am) Refineries use oil... shut them down... demand drops... price of oil drops. Gas comes from refineries... shut them down... supply drops... price of gas goes up. Or is could be a vast conspiracy... |
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10 "petroleum platforms" in the Gulf were entirely destroyed? Does that mean long-term price increases for gas in the U.S.?
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This $4 gas or $3.50 now is small potatoes compared to what's going on in the financial markets. Anyone dare open their 401K tomorrow? How about checking if the $50B FDIC fund is going to guarantee the deposits at the number of banks that may go down? $4 gas is going to be a lot more like $50 gas if you're bank goes under and you have to wait months for some cash from the FDIC. |
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Replying to: kernick (Sep 15, 2008 1:08 pm)
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