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Old 05-12-2008, 09:24 PM
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Gas Prices Redux

Gas Prices
How High is Your Gas?
Gas Prices

Old gas pumps can't handle ever-rising prices - Yahoo! News (May 12, 2008)
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Old 05-12-2008, 09:31 PM
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I feel the cost of fuel hard. I am a salesman. I pay for all my own gas. The more gas goes up, the less I earn. I have to sell more or raise my prices. The option to sell more is not always there. Raising prices comes with a risk; that customers will do without or shop for alternatives. To offset the rising cost of gas we're driving less. We're also considering a food co-op and trimming expenses in other areas.
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Old 05-12-2008, 10:17 PM
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Quote:
Originally Posted by North Jersey Baptist View Post
I feel the cost of fuel hard. I am a salesman. I pay for all my own gas. The more gas goes up, the less I earn. I have to sell more or raise my prices. The option to sell more is not always there. Raising prices comes with a risk; that customers will do without or shop for alternatives. To offset the rising cost of gas we're driving less. We're also considering a food co-op and trimming expenses in other areas.
We have felt it here, too. What makes it difficult is the rising cost of food along with the gas. We have started going back to the outdoor market for fresh fruits and veggies where prices are better. We are also going to the local u-pick farms, buying in season fruits and veggies in bulk and freezing or canning them. We are blessed to live close enough to most of these types of places to make it worth our while. And Bill, we always have fresh eggs!
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Old 05-12-2008, 10:41 PM
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I am currently driving 84 miles a day to work. We are moving in about a month and my trip to work will be reduce to five miles a day. I presently drive an hour to get to my church. After we move the trip will take less than 20 minutes.

That will be a significant savings in dollars and in my own physical energy.

God is good.
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Old 05-12-2008, 11:31 PM
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Quote:
Originally Posted by Ivan View Post
I am currently driving 84 miles a day to work. We are moving in about a month and my trip to work will be reduce to five miles a day. I presently drive an hour to get to my church. After we move the trip will take less than 20 minutes.

That will be a significant savings in dollars and in my own physical energy.

God is good.
That IS good news, Pastor!!!! (Thank You, Lord!)

Margaret
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Old 05-12-2008, 11:59 PM
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Maybe, Lord willing it won't be too long before the price drops back down to a more reasonable price.

http://tinyurl.com/fgykg

Lehman Bros. Report: Oil Bust in the Cards
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Old 05-13-2008, 12:10 AM
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It was at $3.64 here this afternoon when I went to pick up my son from school earlier today. It was JUST $3.57 here yesterday morning. I hate to see what it's going to be like tomorrow.
Been thinking about going into the rickshaw businesses if I can convince my wife to be the runner. Don't think she'll go for that idea though.
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Old 05-13-2008, 12:20 AM
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Hey, I think I just solved our illegal alien problem and our cheap transportation problem at the same time. Put the illegals to work pulling people in rickshaws. Pay them a decent wage like $3.50 per mile. We save gas, they get to work and stay here and we all live happily ever after.
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Old 05-13-2008, 12:21 AM
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JBaldwin;


Quote:
We have felt it here, too. What makes it difficult is the rising cost of food along with the gas. We have started going back to the outdoor market for fresh fruits and veggies where prices are better. We are also going to the local u-pick farms, buying in season fruits and veggies in bulk and freezing or canning them. We are blessed to live close enough to most of these types of places to make it worth our while. And Bill, we always have fresh eggs!
it jumped to like $3.75 a gallon here today.

It is hitting us hard as well, my husband planted me a garden last weekend, and granted we won't reap the benefits of that for a couple months..it will help some.

Something my husband and I have discussed in the past is locating a place to buy a side of beef, maybe going in with a couple other families, maybe save some money that way long term not having to buy as much so often..
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Old 05-13-2008, 12:42 AM
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JBaldwin;


Quote:
We have felt it here, too. What makes it difficult is the rising cost of food along with the gas. We have started going back to the outdoor market for fresh fruits and veggies where prices are better. We are also going to the local u-pick farms, buying in season fruits and veggies in bulk and freezing or canning them. We are blessed to live close enough to most of these types of places to make it worth our while. And Bill, we always have fresh eggs!
it jumped to like $3.75 a gallon here today.

It is hitting us hard as well, my husband planted me a garden last weekend, and granted we won't reap the benefits of that for a couple months..it will help some.

Something my husband and I have discussed in the past is locating a place to buy a side of beef, maybe going in with a couple other families, maybe save some money that way long term not having to buy as much so often..

Do you have a deep freezer? My wife and I have talked about investing in one when we get our stimulus check. You can put things like meats and vegetables up and freeze them so they will be on hand later when you need them.
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Old 05-13-2008, 12:45 AM
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Even if it the price of gas goes down, it doesn't matter. The value of the dollar will continue to go lower and lower and lo ...
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Old 05-13-2008, 06:12 AM
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Those gas prices on that link "how high is your gas", that you posted are funny to read today. I wish we had those gas prices now. I saw $3.63 yesterday, it is a good thing that I am able to walk to work. My work is just a couple of blocks away from my house.
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Old 05-13-2008, 08:15 AM
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I've seen it at around $3.95. Some places are around .10 cheaper depending on where i drive.
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Old 05-13-2008, 08:27 AM
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Quote:
Originally Posted by Reformingstudent View Post
Maybe, Lord willing it won't be too long before the price drops back down to a more reasonable price.

http://tinyurl.com/fgykg

Lehman Bros. Report: Oil Bust in the Cards
I hope that your posting was a bit facetious since the Lehman Bros. Report that you posted from April 25 stated that $120 oil was not real. Last Fri we broke the $126 p/b barrier.

I have to agree with Joshua though. It does appear that we are caught in a inflationary spiral fueled by big unnecessary wars, government overspending and consumer greed. The Masking of M3 numbers since March of '06 and the publication of the "false" core inflation rate don't help the analysis much though! Seriously, cutting out food, housing and energy and claiming that you have now calculated the “Core” inflation rate is a bit absurd, eh?

Never the less, I thank God that the value of his Son’s atonement is sufficient for all and will lack nothing in value ever! Hey ladies and gentlemen, remember that we are rich beyond measure.
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Old 05-13-2008, 08:50 AM
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I am quite certain we will never see 'low' gas prices again in any of our lifetimes. All of the analysts I have heard are saying the same thing.

I believe we will see gas to go $5.00+ per gallon within the next 3 years.

I'm beginning to think the steam engine wasn't such a bad deal after all. With the price of coal being so low, we could just pull up to the 'bin' and shovel (instead of pump) the fuel in. I could handle that. The only problem would be the pollution caused by all of the little smokestacks on our cars but I think it would be cool enough to see all those little smokestacks that I could live with the pollution.

And don't tell me that a car is too small for a reliable steam engine that gets great acceleration. Technology is all about miniaturization.
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Old 05-13-2008, 09:26 AM
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VirginiaHuguenot;

Old gas pumps can't handle ever-rising prices - Yahoo! News (May 12, 2008)

it's not just replacing the pumps that are going to cause the problems, at least for the small mom & pop stores here in Florida. Laws have passed over the last few years requiring them to replace the underground tanks as well, upgrading to a meet new specifications.


Reformingstudent;

Quote:
Do you have a deep freezer? My wife and I have talked about investing in one when we get our stimulus check.
No, but we have two freezers, and as God provides, we can certainly donate some of the veggies to the church food bank if we don't have enough room, as there are others in our church we could share the blessing with.

Quote:
I am quite certain we will never see 'low' gas prices again in any of our lifetimes. All of the analysts I have heard are saying the same thing.
The only way we may be able to see lower gas prices is if America begins drilling off the coast of Florida (as Cuba is doing) and in Alaska, and ND...and build a few more refineries..
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Old 05-13-2008, 09:50 AM
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Paid 3.98 a gal last night. 20 gal tank = 80 bucks, to drive @ 350 miles, thither and yon.

I think they want us to "stay at home, shut up, and walk slowly, so we can monitor you."
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Old 05-13-2008, 10:12 AM
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Even if it the price of gas goes down, it doesn't matter. The value of the dollar will continue to go lower and lower and lo ...
That's not true. The dollar may have already bottomed out.
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Old 05-13-2008, 10:23 AM
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It's 4 bucks here. With half ton work trucks you used to figure the cost of operating them at 10 dollars per hour, which is gas, repairs, depreciation etc.. Now the true cost is probably closer to 20.
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Old 05-13-2008, 10:28 AM
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The problem with gas prices are not just a USA problem, USA consumers have actually cut back on gas assumption ever since the gas price spike. It is a global problem. Countries like China, India, Brazil, and other countries that wants to become the next "USA" are heavily developing their industry and their people are getting richer (i.e. getting to live the American dream of 1 car per 2 people.) When it all boils down to is once again the simple principle of supply and demand: when demands heavily outweights supply you will have a price spike.

OPEC has already made it known they won't increase supply. Iraq is as unstable as it comes. Iran has said they think oil price should triple from the current level (that guy IS crazy), and Venezuela Prez Hugo Chavez has said he won't do anything to help "Satanic USA", and Russia has forced their oil industry to be virtually impossible to have additional investment in due to ridiculous taxations that makes it unprofitable to open up more oil supplies.

Of course USA we have the same issue. We won't allow Alaskan drilling, off-shore drilling, or any drilling, we won't allow alternative energy developments like gas, nuclear or coal, and the best we have to offer is "corn" - and what do you know, it drives up food prices as every farmer now would rather produce corn as fuel rather than food and in term caused a food shortage. Brilliant.

To put it simply: the world have to wake up and realize the current mind-set of economy (everybody tries to be the next USA) is not sustainable, the global resources simply do not and cannot sustain our current economical structure. We are still applying mostly 19th century economic philosophy on a world that is complete different than philosophers like Adam Smith and others can ever dream of.
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Old 05-13-2008, 10:31 AM
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Oh by the way, for the first time ever it cost me $50 to fill up my tank that used to be no more than $25, ridiculous.

I used to drive 50 miles to my church to work one way, but gas prices has cost me $800 a month in gas alone, and on my already "pastoral" pastor salary I can barely offer decent meals to my family, so we're going to move to a shaft that's 5 min. from my church.
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Old 05-13-2008, 10:44 AM
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To put it simply: the world have to wake up and realize the current mind-set of economy (everybody tries to be the next USA) is not sustainable, the global resources simply do not and cannot sustain our current economical structure. We are still applying mostly 19th century economic philosophy on a world that is complete different than philosophers like Adam Smith and others can ever dream of.
I disagree, not because this isn't a crisis, but where the blame is laid. This is being blamed on capitalism, but this is mistaken. We are NOT capitalist; we are fabian, socialist, and mercantilist.

In other words, little has changed except for the worse since Adam Smith's critique of the prevailing mercantilist system back in the 18th century. The moderate freedom from govt regulation that was achieved, and led to greater all-around prosperity has been rolled back.

Big-corporate welfare kills. Wall Street corporations pay the govt to create barriers to entry, to protect them from competition, and then take back the cash in the form of govt rents, and the higher prices they can charge consumers. So, we pay them, and we pay taxes that eventually get to them routed through our masters (who live luxuriously on the huge salaries and expense accounts we pay them, and on their lavish gifts from the corporatists).

Distortions to the market are govts FAULT, and it certainly will not be fixing its own problems soon. First, it must destroy our currency, to sustain its parasitic existence. Then, it will try to make serfs of all of us.

Don't take my word for it. Read a history book.
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