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Whats the price of gas where you are? - Event Date: May 07 2007 |
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diego
Valued Member Location: Michigan Joined: June 16 2006 Status: Offline Points: 121 |
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reg. $3.59 today
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DANNYKELLEY
Admin Group Joined: May 01 2007 Location: United States Status: Offline Points: 2785 |
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reg $3.59 in indiana
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WHAT TO DO????
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Evergreen
Admin Group Location: Washington Joined: March 30 2006 Location: United States Status: Offline Points: 770 |
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Seattle, WA and south is $3.39 - $3.69.
Our transit sys is not widespread enough to be a viable alternative, so we're stuck. Of course, one could move into the city to take advantage of better transit and pay triple rent/mortgage pmts. Talk about a catch-22. D |
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235365 - Energy follows thought. As you think, so you are.
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Rockhound
Valued Member Joined: April 17 2007 Location: United States Status: Offline Points: 150 |
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In Arvada Colorado this morning
3.29 3.43 3.59 OOOOUUUCH |
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Will you let everbody in your house?
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Here in Minneapolis/St. Paul we've got a really good public transportation system. (Light rail/buses) But like yours in Seattle, it's not really helping anyone outside the first tier suburbs. Also it's crime ridden so nobody with half a brain will ride. There's been a major upsurge in robberies on the lightrail lately. I guess because there's more victims than ever riding now. If you move in the city you forgot to add higher property taxes, higher crime, higher population density, etc. I live in the city and the insanities are greater than anyone might believe. Truthfully you'd probably save far more living in the suburbs or small towns than if you live in the metropolitan area. I love how some people use the argument that people can just move into the city and suffer the crime ridden public transportation system, rather than live in their current safe communities. Particularly when regardless of whether people live in the city or not the problem of gas prices going through the roof affects us all on a systemic level. Gas goes up, the price of everything goes up. |
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diego
Valued Member Location: Michigan Joined: June 16 2006 Status: Offline Points: 121 |
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reg.at $3.65 still rising. has already killed off the tourist business for this season. not many crossing the bridge to the u.p. only a few at the campgrounds. even the Indian casino's in trouble, now that's bad.
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MelodyAtHome
Valued Member Joined: May 16 2006 Location: United States Status: Offline Points: 2018 |
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I can't believe it. It jumped .20 since yesterday!! This is getting nuts!
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Melody
Emergency Preparedness 911 http://emergencypreparedness911.blogspot.com/ |
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Wunjo Wagon
V.I.P. Member Joined: December 25 2006 Location: United States Status: Offline Points: 53 |
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We went from 2.98 to 3.04 since yesterday here in the central highlands
of Arizona. I read somewhere that there is just a 1% deficit in
gasoline supplies since last year but that 1% has caused gas prices
here to rise by 35%...!!! Our outdated refineries are running at
full capacity, but since the American people fail to conserve just a
few percent overall, we will have to suffer higher prices. And of
course don't forget the record profits of the oil companies as well.
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LOL, my neighbors and closet friends left town for two months and asked if I would mow and water their lawn while they are out of town. He insisted on paying me $50.00 a month, I pay for gas.
Well, yesterday I mowed their lawn (over an acre) and it took $22.00 for one mow. Hmmmm, I'm thinking in this warm sultry weather every four-six days will require mowing. I think I'll be going in the hole on this gasoline deal. LOL |
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MelodyAtHome
Valued Member Joined: May 16 2006 Location: United States Status: Offline Points: 2018 |
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Annnie, you may not want to cut his lawn as often...lol Just wait a couple extra days in between cuts or you'll go broke:O)
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Melody
Emergency Preparedness 911 http://emergencypreparedness911.blogspot.com/ |
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Dlugose
Valued Member Joined: July 28 2006 Location: Colorado Status: Offline Points: 277 |
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Not so fast on gas price record, agency says
By ALLAN DRURY
THE JOURNAL NEWS The federal agency that tracks gasoline prices took issue yesterday with a private survey that concluded Americans are paying more per gallon than at any time in history when inflation is factored in. The U.S. Energy Information Administration said the average price of a gallon of unleaded regular stands at $3.22. The agency pegs the inflation-adjusted record high at $3.29, set in March 1981. The Iranian Revolution and the Iran-Iraq War had pushed the average price to $1.42 in real dollars during those early days of Ronald Reagan's presidency. The EIA's conclusion differed from that of a widely followed private survey released earlier this week. The Lundberg Survey, which is conducted every two weeks, said the inflation-adjusted price of a gallon of regular unleaded was $3.18. According to Lundberg, that price beats the 1981 record of $1.35 - or $3.15 in today's dollars. The EIA also said there are other factors to consider when trying to put gasoline prices in historical context. Thanks to increased fuel efficiency in vehicles drivers spend less on gasoline on average for each mile they drive, the EIA said. The agency also noted that the amount of money Americans spend on gasoline represents less than 3 percent of the overall economy, compared to 4.6 percent in 1980 when Jimmy Carter huddled in the White House in sweaters in order to impress on the nation the importance of turning the thermostat down and conserving energy. None of that is likely to be any comfort for drivers trying to figure out why prices have practically doubled in three years as they head out for Memorial Day weekend trips. "Whether retail prices are at an all-time inflation-adjusted high or not is less important than the notion that prices are very high for the United States," the EIA said in its weekly report. "Whether they are at a record level, or just shy of one, doesn't change the price of a gallon of gasoline by even 1 cent." The price the average Joe or Jane pays at the pump is affected by a diverse and incredibly complex set of dynamics. Geopolitics, the condition of rigs and refineries, the state of the overall economy and the whims of Big Oil and Congress are among the dynamics that affect gas prices. Experts point to outages at refineries, those unsightly, sp*****ing complexes that turn crude oil into product, as a main reason for the recent price spike. Refineries have cut back on production due to maintenance and unexpected interruptions. With those cutbacks, even the 1 percent increase in demand for gasoline compared to last year has an effect, said Shawkat Hammoudeh, professor of economics at Drexel University in Philadelphia. That is equivalent to 100,000 barrels of gasoline a day, he said. "There is no slack in the system," he said. "Any force has a disproportionate impact on prices," he said. But outages are not the only cause of the high prices. The growing world economy, the war in Iraq and Americans' refusal to cut back on their usage have also pushed gas prices well past the $3 a gallon mark. Consumers and Congress have also contributed to the high prices, said Sterling Burnett, a senior fellow at the National Center for Policy Analysis in Dallas. Consumers shy away from buying cars that get good gas mileage and Congress, in the name of environmentalism, requires 19 different blends of gasoline, many of them mandated in select geographic areas and by the season of the year, he said. Until 2005, the government mandated 50 blends, he said. Having to turn out so many different blends puts a strain on the refinery system, he said. There hasn't been a refinery built in the United States in more than 20 years, Burnett said. A number of refineries because they did not produce fat profit margins and layers of environmental regulations made them less profitable, he said. Congress has also restricted drilling in new offshore areas, he said. "We're demanding more gas at a time when we don't have more gas being produced," he said. "That's the economics 101 explanation for it." By Burnett's count, more than 60 vehicles on the market get more than 30 miles a gallon and 40 that get more than 40 miles a gallon. "And none of them are top sellers," he said. "How is that the car makers' fault?" Some analysts have predicted the average price could reach $4. But Mehdi Noorbaksh, associate professor of international affairs at Harrisburg University of Science and Technology in Harrisburg, Pa., said he does not expect that to happen. The Organization of Petroleum Exporting Countries would not allow prices to climb that high because it would further encourage the development of alternative sources of energy, he said. |
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Dlugose RN AAS BA BS Cert. Biotechnology. Respiratory nurse
June 2013: public health nurse volunteer, Asia |
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Juan
Valued Member Joined: May 29 2007 Location: Colombia Status: Offline Points: 2 |
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Gas $10.00/gallon in a few years. Few=4-5years
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Do you owe us money?
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Penham
Chief Moderator Moderator Joined: February 09 2006 Location: United States Status: Offline Points: 14913 |
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Ours actually went down .04 a gallon over the past few days, I am not sure exactly which day it went down because I hadn't driven anywhere since Thursday until today. So it is 3.25 a gallon here in OK for the cheap gas.
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Penham
Chief Moderator Moderator Joined: February 09 2006 Location: United States Status: Offline Points: 14913 |
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Gas went down another .06 a gallon again today, it is now $3.19 a gallon. |
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Not bad Penham. Same here, $3.19
It's still too damn much, but the more I think about it, the more I just take it as a sign of the times. |
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