Fuel Prices...wow, it has gone up!


As it has been stated ad nauseam before, we have two basic problems facing us (aside from our huge amount of consumption):

The US Dollar is worthless - and becomes more so by the day. Our government is just printing more of them, rather than making any attempt to control or reduce spending. In a nutshell, we are simply trying to borrow our way out of debt. The Greenback is not backed by anything other than a promise that we will always pay our debts.

The other problem is that we have abundant domestic energy reserves - which we refuse to harvest. On a related note, we have failed to increase our refinery capacity. All the crude oil in the world is useless if we cannot refine it into diesel fuel, gasoline, jet fuel, kerosene, etc., etc. We are dependent upon foreign nations for crude oil - as well as refined product. That is bad, both from an economic and a strategic viewpoint.


:hiding:
 
Yes, you use substitute foods instead of the expensive ones, you cut back your budget when you can't afford it. The consumer can make a difference. You stop eating out and eat in more. You can very well slow down your intake and cut back, and your right you can only cut back so much, but it most certainly makes a difference.

Your examples of the consumer making a difference are also examples of a declining standard of living. Whether you eat out or in, the food has to be trucked in, the food has to be harvested by petrol powered combines, and it's even grown with fertilizers based on petroleum. We are systemically dependent on cheap oil. The whole suburban experiment depends on cheap fuel not only for commuting but sustaining the population as well. Consumers cutting back is a band aid on a gangrenous limb. We have to change the way we live, or our current way of living will be changed for us.
 
The Fed is printing more money, that's is the reason you see the inflation

SP2050020and20quantitative20easing201420Jan202011.gif
 
Your examples of the consumer making a difference are also examples of a declining standard of living. Whether you eat out or in, the food has to be trucked in, the food has to be harvested by petrol powered combines, and it's even grown with fertilizers based on petroleum. We are systemically dependent on cheap oil. The whole suburban experiment depends on cheap fuel not only for commuting but sustaining the population as well. Consumers cutting back is a band aid on a gangrenous limb. We have to change the way we live, or our current way of living will be changed for us.

Well when your money aint worht sh*t, you standard of living sure as hell wont go up.

They will start giving more fuel surcharges and stuff, jacking the prices up again and then when the money is worthless the economy crumbles again, and prices fall. Everyone is screwed except Beer Manufactures, but hey, Gas will be cheap.
 
Well, fuel prices has REALLY gone up over the past 3-4 days!! :( I think that my resale value just skyrocketed! :D
 
Yea I guess the diesel price is about where it should be now compared to gas. I'm paying 3.26 a gallon here at my cheap place.
 
The semi-good news (at least for John) is that diesel prices seem to have stabilized, at least around my area.

Diesel is about $3.75 and it slowed down compared to gas but it has been rising more than gas on the whole, yeah i guess its good cause i have the jetta for these few weeks at college.

Yea I guess the diesel price is about where it should be now compared to gas. I'm paying 3.26 a gallon here at my cheap place.

its $3.50 a gallon for regular here, it jumped $.25 in 2 days.
 
$3.71/gal for regular here... $3.93/gal for premium... $4.07/gal for diesel!!

Sacramento.


First time since I bought my truck that I've paid over $43 to fill up my tank :(
 
$3.71/gal for regular here... $3.93/gal for premium... $4.07/gal for diesel!!

Sacramento.


First time since I bought my truck that I've paid over $43 to fill up my tank :(

Back to $60 and still had a 1/4 tank left. Sometimes the smaller fuel tank gives a more fuzzy feeling even though you're making more trips to the gas station.
 
At my local Costco,

It is $3.53 for 87 and $3.73 for 91.

It jumped more than $0.25 in less than 4 days.

And to make things worse, I drove 17k miles in 100 days.
 
Fuel Prices


Unleaded regular is a "low" of $3.19 at Wawa - and up to $3.25 or so at BP, Shell, Chevron, Exxon, etc., etc. The last holdout was a 7-11 store "in the hood" that was selling it for $2.93 on Tuesday, $3.05 on Wednesday and finally $3.15 yesterday.
:gun4:

Diesel fuel is $3.45 to $3.75, depending upon where you go. Our diesel trucks at work average 6 to 8 miles per gallon, so it will get interesting to see if the boss starts to grumble in the coming weeks.

Since most everything comes via truck, train or ship (all of which use diesel fuel), we are on the cusp of some severe price increases for everyday goods.
:uzi:


P.S. $75 to fill my Silverado - and it was not even empty! My Sentra was still $29 from 1/8 of a tank showing on the gauge. Psshht!!
 
$3.38 a gallon. I won't be too worried until it hits 4 dollars. Then it might be time to switch up and drive the wife's Civic to work.
 

Members online

Forum statistics

Threads
278,316
Messages
3,554,112
Members
248,016
Latest member
Advally Service

Trending content

Back
Top