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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

You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires

What is this discussion about? Gasoline, Fuel Efficiency (MPG)


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#731 of 2183
Can Anyone Tell Me... by oldfarmer50
Sep 15, 2008 (8:38 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.
#732 of 2183
Re: Can Anyone Tell Me... [oldfarmer50] by tankbeans
Sep 15, 2008 (9:13 am)
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Replying to: oldfarmer50 (Sep 15, 2008 8:38 am)

Large corporations ripping the little people off. I've never heard of that in my life.
#733 of 2183
Re: Can Anyone Tell Me... [oldfarmer50] by mattandi
Sep 15, 2008 (9:18 am)
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Replying to: oldfarmer50 (Sep 15, 2008 8:38 am)

I've never heard of such nonsense. Ripping people off? rediculous
#735 of 2183
Re: Can Anyone Tell Me... [mattandi] by lemmer
Sep 15, 2008 (10:30 am)
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Replying to: mattandi (Sep 15, 2008 9:18 am)

You guys do know this came as a result of Hurricane Ike, correct? A bunch of refineries were shut down and what not.
#736 of 2183
Re: Can Anyone Tell Me... [lemmer] by bksward
Sep 15, 2008 (12:07 pm)
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Replying to: lemmer (Sep 15, 2008 10:30 am)

No way... it can't be...
 
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...
#737 of 2183
so the news is saying by nippononly
Sep 15, 2008 (12:08 pm)
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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.?
#738 of 2183
Small Potatoes by kernick
Sep 15, 2008 (1:08 pm)
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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.
#739 of 2183
Re: Small Potatoes [kernick] by lemmer
Sep 15, 2008 (1:14 pm)
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Replying to: kernick (Sep 15, 2008 1:08 pm)

I am not retiring tomorrow or for another 20-30 years, so frankly I am not to worried about the stock market. Markets tend to fluctuate and correct.
#740 of 2183
Re: Small Potatoes [lemmer] by tankbeans
Sep 15, 2008 (1:15 pm)
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Replying to: lemmer (Sep 15, 2008 1:14 pm)

I'm young enough where I probably won't get a chance to retire ever.

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