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Gas

  1. spiderpam profile image50
    spiderpamposted 8 years ago

    Gas Prices are back on the rise, around $2.59 here in the AZ. Who's to blame? How much is gas in your neck of the woods?

    1. tksensei profile image59
      tksenseiposted 8 years agoin reply to this

      Depends on what's for dinner.

      1. spiderpam profile image50
        spiderpamposted 8 years agoin reply to this

        smile

    2. nicomp profile image56
      nicompposted 8 years agoin reply to this

      Well, Bush was blamed when prices shot up during his administration. Logically then...

      1. Misha profile image75
        Mishaposted 8 years agoin reply to this

        LOL It's not gonna happen. smile Those same people who tend to blame gas prices movement on anything but market forces tend to be a heavy democratic bunch, too smile

    3. countrywomen profile image60
      countrywomenposted 8 years agoin reply to this

      We check Gasbuddy.com for lowest prices. Right now it is around $2.70 at our place. smile

    4. usmanali81 profile image55
      usmanali81posted 8 years agoin reply to this

      Freemasons and Zionists

    5. Laughing Mom profile image59
      Laughing Momposted 8 years agoin reply to this

      Went down 2 cents today, for the not so reasonable low price of $2.47.  And that's just for the regular stuff.  Almost $3 for diesel.  My truck is only getting about 20 mpg right now, which means I'm putting gas in about every other day. Ridiculous!

    6. Rochelle Frank profile image89
      Rochelle Frankposted 8 years agoin reply to this

      About 2.89 in the CA foothills up about 30-40c in the past three months.

  2. dipless profile image84
    diplessposted 8 years ago

    Hi Gas in London U.K. is about £1.03 which is pretty darn high! For us it is Tax and duty on fuel which just keeps on bumping it up.

    1. Amanda Severn profile image92
      Amanda Severnposted 8 years agoin reply to this

      That's per litre. In the States I think they use gallons which are not quite four times the volume.

  3. profile image0
    pgrundyposted 8 years ago

    We're up to $2.79. Last weekend we hit $2.95.

    1. spiderpam profile image50
      spiderpamposted 8 years agoin reply to this

      Goodness that's high, I fear we'll be there soon enough.

  4. dipless profile image84
    diplessposted 8 years ago

    They do indeed which means in Uk we are paying £4.68 per gallon or $7.49 per gallon which is rediculous money! Think we need another fuel strike smile

    1. Amanda Severn profile image92
      Amanda Severnposted 8 years agoin reply to this

      The last one caused a few ripples for sure.

      1. ngureco profile image87
        ngurecoposted 8 years agoin reply to this

        Maths?

        1 US gallon = 3.79 litres
        1 Imperial gallon = 4.55 litres

    2. frogdropping profile image87
      frogdroppingposted 8 years agoin reply to this

      And that is why it's called Rip Off Britain wink

      1. Amanda Severn profile image92
        Amanda Severnposted 8 years agoin reply to this

        It's ok for you Froggy. We're still here!

    3. RKHenry profile image77
      RKHenryposted 8 years agoin reply to this

      OMG!  Who can afford to drive?  That is crazy. 

      It is my personal opinion that the only reason why gas is up, is because it's summer.

  5. dipless profile image84
    diplessposted 8 years ago

    I recon so, I am not really sure though if i am for or against them I think somthing has to be done about it because it is crippling certain businesses in the UK.

  6. Ms Chievous profile image81
    Ms Chievousposted 8 years ago

    2.75 around these parts.. at least that is what is was this morning!  Who knows what it will be after work!

  7. dipless profile image84
    diplessposted 8 years ago

    sorry did imperial Gallon not strange U.S. gallon wink

    1. profile image0
      dennisemattposted 8 years agoin reply to this

      strange US gallon? ha ha
      last night, I was awake for hours trying to figure out why the US has different measures then anyone else...where did it come from? why wont it change? why do I have to learn milimeters when Ill never use one? I considered writing a hub about it, then figured everyone else already knows all this, or doesnt care. our gas is $2.67 per strange gallon. it costs me about $40 a week to fill my van up. it makes milk cost more too...I stay home ALOT

  8. HealthCare Basics profile image61
    HealthCare Basicsposted 8 years ago

    Her in San Diego we're paying $3.39 a gallon this morning. As summer moves on it only gets higher. We did max out last year at around $4.79 for several months.

    1. profile image0
      sandra rinckposted 8 years agoin reply to this

      Crap! I waited to long to put 10 bucks in the tank. I missed by 39 cent window of opportunity.  Ugh.

      1. Mark Knowles profile image61
        Mark Knowlesposted 8 years agoin reply to this

        I would kill for gas that cheap.  lol

  9. Make  Money profile image75
    Make Moneyposted 8 years ago

    About $.95 per litre here in Ontario, Canada which doesn't make much sense seeing Canada is the US's largest supplier of oil.

  10. marisuewrites profile image60
    marisuewritesposted 8 years ago

    People should agree to not drive one day a week or just drive to work, and cut the consumption, write on blogs why, etc.  Course, i don't even know if that would make a difference.  The oil companies got us by the you knows....smile

  11. HealthCare Basics profile image61
    HealthCare Basicsposted 8 years ago

    I understand Mark. I do think here in the US we complain about gas because we use our vehicles so much for everyday travel. We do not have the infrastructure of mass transit like other parts of the world except in a few major cities.

    My tank could get filled for $20.00 and lasts me about three weeks in normal travels. Now it is double that amount. For me, not hard to take, but for my friends who work outside the city proper the cost has tripled on a weekly basis.... smile

    1. profile image0
      sandra rinckposted 8 years agoin reply to this

      you aint kiddin!  I think right now it is cheaper to put 10 bucks worth of gas in the tank and use it sparingly then it is to take one trip from downtown to east county.

    2. Mark Knowles profile image61
      Mark Knowlesposted 8 years agoin reply to this

      I can barely fill my car for three times that. I am paying 1.21 Euros per liter - and that is cheap. sad

    3. BristolBoy profile image80
      BristolBoyposted 8 years agoin reply to this

      I think the other problem seems to be the fixation of large parts of US society with gas guzzling SUVs which have a low mpg.  The US is also much more exposed to swings in oil prices affecting the cost of petrol and diesel.  Since such a large proportion of the price of fuel across Europe is tax and such little is the actual price of the oil, when the oil price increases in price it does so by a lesser percentage than in countries such as the US where there is much less taxation.

  12. Sufidreamer profile image80
    Sufidreamerposted 8 years ago

    Not far behind you - it hovers at around a Euro here. Mind you, at least public transport is cheap.

    1. Mark Knowles profile image61
      Mark Knowlesposted 8 years agoin reply to this

      It is cheap here too. But stops at 8 o clock. After that - you are looking at mafia-run taxis. Not cheap. lol

      1. Sufidreamer profile image80
        Sufidreamerposted 8 years agoin reply to this

        We are OK on that score - about 11 Euros for a 20km journey, up to 15 Euros after midnight. One of the reasons that we have not bothered with a car - a couple of taxi journeys every week works out far cheaper. Plus, I can have a few beers!

  13. spiderpam profile image50
    spiderpamposted 8 years ago

    Just got back from the gym $2.67 a gal. 8 cents jump in less than 24 hours.

    1. Mark Knowles profile image61
      Mark Knowlesposted 8 years agoin reply to this

      It is god's will surely? And I notice you did not answer my question:

      Why are you going against the word of god?

      1. Maddie Ruud profile image79
        Maddie Ruudposted 8 years agoin reply to this

        Mark, tsk tsk!  It looks suspiciously like you are following spiderpam around just to harrass her.

        1. Mark Knowles profile image61
          Mark Knowlesposted 8 years agoin reply to this

          big_smile

          1. Sufidreamer profile image80
            Sufidreamerposted 8 years agoin reply to this

            He's not the Sensei, he's a very naughty boy.

            http://z.hubpages.com/u/1268060_f520.jpg

            1. profile image0
              sandra rinckposted 8 years agoin reply to this

              I think we need a thread for the best photo shopped images of our resident hubbers. big_smile

              This one goes right up there with Misha in drag. big_smile and of course st. Mark and Misha. big_smile

            2. usmanali81 profile image55
              usmanali81posted 8 years agoin reply to this

              lol lol lol lol

  14. HealthCare Basics profile image61
    HealthCare Basicsposted 8 years ago

    Mark and Sufidreamer,

          I am lucky just to get a cab even when I call and place an order. If I lived in the city proper, you only have to wait on a corner and flag away, but outside that, you need to call for a cab. If I order a ride in advance when heading to the airport, I have had not problems. When I call for a cab to bar-hop, I just cross my fingers. We have a limited supply of cabbies and they tend to congregate around the airport and train station where the money comes quickly.

    1. Sufidreamer profile image80
      Sufidreamerposted 8 years agoin reply to this

      That is a problem - we tend to catch the bus to Sparta and take a taxi back - there is no shortage. Greeks take taxis for even relatively short distances - mainly due to the heat - so we are pretty well served smile

      1. Mark Knowles profile image61
        Mark Knowlesposted 8 years agoin reply to this

        I may have to move to Greece.  A 5 mile taxi trip here is going to cost around 60 euros. And if you are coming from Monaco - ouch !

      2. ledefensetech profile image68
        ledefensetechposted 8 years agoin reply to this

        That just seems strange to me.  Catch a bus to Sparta.  It must be interesting seeing places like that every day, places I've just read about.  Gas here is hovering around 2.67 a gallon.  We live near some sort of distribution point so gas tends to be a bit cheaper here than the national average.  I'm still betting we're going above $5.00 a gallon here.  Next year will probably be worse.

        Dennise, the US has different measurements because one time we had a falling out with the British, from whom we inherited most of our cultural baggage.  Now back when the falling out was still raw and new, kind of like breaking up with a boyfriend or girlfriend, the US blamed everything bad on the British.  Two head calf born?  British.  Storms ruined your entire harvest.  British.  Tavern out of beer.  The damn British. 

        One of the other ways we tried to spite the British was to much up the language.  Rather than use the Oxford dictionary and the good King's English, we made changes.  Color instead of coulour for instance.  It sounded the same, but because we spelled it different it was ours.  We also changed, you guessed it, measurements.  So that's why imperial and US measurements are different in some respects.

        1. Misha profile image75
          Mishaposted 8 years agoin reply to this

          LOL I think I found a point of disagreement with you, except for religion smile
          I would bet that we already saw the highest gas prices in our lifetime - last summer smile

          1. ledefensetech profile image68
            ledefensetechposted 8 years agoin reply to this

            Ah, but did you factor in the costs of our President's, past and present, deficit spending?  Since 1913 the dollar has lost about 95% of its value.  Deficits have averaged about 10%-40% of the GDP.  The 40% figure was from WW II, we've never had deficit figures that high till last fall and especially this year.  When the value of your money falls, prices always go up.  What really scares me is how short we are on food production.  Several factors are combining to make famine a possibility around most of the world next year.  When you add out of control prices due to inflation, well you kinda get the pucker effect.

            I wrote a bit about it here:  http://tinyurl.com/mrdjp8

  15. ysdata profile image59
    ysdataposted 8 years ago

    We are at $2.81 here in Delaware.  I just traveled to PA and the gas prices there were $2.94.

  16. earnestshub profile image88
    earnestshubposted 8 years ago

    Anything under $3.00 a gallon looks cheap from here. In Australia we often pay over $1 US a litre.

  17. curiozities profile image61
    curiozitiesposted 8 years ago

    Last year when it went higher than $4 a gallon, Jay Leno made this joke:

    I just doubled the value of my car.  I filled the gas tank!

    1. LondonGirl profile image88
      LondonGirlposted 8 years agoin reply to this

      I fell out of my cradle laughing at that one....

      1. Amanda Severn profile image92
        Amanda Severnposted 8 years agoin reply to this

        Yep, they should try filling up in Britain.

        1. Misha profile image75
          Mishaposted 8 years agoin reply to this

          Frankly nobody to blame high  gas prices in Britain except for your government, that you elected in one of the most democratic ways. In other words, this is you ladies who decided that your gas taxes have to be several times its cost tongue

  18. Misha profile image75
    Mishaposted 8 years ago

    Around $2.60 here. smile

  19. spiderpam profile image50
    spiderpamposted 8 years ago

    Just got this update on US gas prices
    http://news.yahoo.com/s/ap/20090617/ap_ … _prices_16

  20. getpaidtopost profile image59
    getpaidtopostposted 8 years ago

    Gas in the UK is taxed at 900% every £1 of fuel at the pumps equates to 10p fuel in the tank and 90p in the government pockets as tax. O well they do have two houses to maintain I think they are so unfortunate "NOT", Greedy Bast___ds Hate Government and am all for protest. I think all governments across the world are just as corrupt as each other. OK they do things differently in different countries however it all amounts to the same thing, they steel our hard earned money, OK I am not against tax and agree things cost money like bin men, police, fire, hospitals, schools, roads, and much more. so as you see tax is no problem for me, but when the tax is so high It real gets me MAD. Especially when I see council pay millions on a statue so they can stick it in the middle of a round-a-bout. When I paid my tax I did not agree for them to waist it on crap. People are starving, homeless, sick, urrrrrrrgggggghhhhhhhhhhhhh ,hate them, hate them, hate them. Government Stinks, I think we will all laugh at them, when we pass the door of hell on the way to heaven I can just see blair bush and brown all shouting help us, help us I for one will laugh and wave at them saying have a nice eternity. Sorry for going on, they get me so mad.

  21. Mark Knowles profile image61
    Mark Knowlesposted 8 years ago

    I loved that film. lol

    1. profile image0
      sandra rinckposted 8 years agoin reply to this

      Brian??? LOL

    2. Amanda Severn profile image92
      Amanda Severnposted 8 years agoin reply to this

      Me too!

  22. spiderpam profile image50
    spiderpamposted 8 years ago

    Everyday when I look at gas Chervon is the highest. Is it better? Today the price is $2.73.

  23. HealthCare Basics profile image61
    HealthCare Basicsposted 8 years ago

    spiderpam- Have no idea about gasoline quality. All I know is when there is gas in the car and I turn the key, it's ready to roll... smile I usually hit an Arco station if needed fuel. I tried one of those private stations twice and my car ran sluggish.

    1. spiderpam profile image50
      spiderpamposted 8 years agoin reply to this

      I use Arco also. Thx for the reply.

  24. HealthCare Basics profile image61
    HealthCare Basicsposted 8 years ago

    Oh, by the way, gas went up again 4 cents since yesterday. I going for a fill today and wait it out for the next three weeks.. smile

    Some of our friends live in the general area around us. I have convinced them when we go to the local watering hole to walk the 2.5 miles to and from for the exercise and safety. The plus is saving on fuel... smile

  25. spiderpam profile image50
    spiderpamposted 8 years ago

    I heard something about speculators, how do they play a part?

  26. Misha profile image75
    Mishaposted 8 years ago

    Governments always blame any price raise to speculators and take a credit on price decrease smile

    1. Mark Knowles profile image61
      Mark Knowlesposted 8 years agoin reply to this

      Don't forget the evil arabs. I'm sorry "foreign oil dependence," big_smile

  27. LondonGirl profile image88
    LondonGirlposted 8 years ago

    Don't forget evil Chavez in Venesuala.

  28. Sufidreamer profile image80
    Sufidreamerposted 8 years ago

    .......or the Russians.

  29. Misha profile image75
    Mishaposted 8 years ago

    LOL Yeah, evil Russians! smile

    1. Mark Knowles profile image61
      Mark Knowlesposted 8 years agoin reply to this

      And the Freemasons - at least according to our resident muslimIST. big_smile

      1. Misha profile image75
        Mishaposted 8 years agoin reply to this

        LOL, evil Russians usually blame Judeo-Masons tongue

        1. Mark Knowles profile image61
          Mark Knowlesposted 8 years agoin reply to this

          And the judeo-masons blame the god-damned muslim-masons. Not that they exist you understand. Or at least - only in secret. smile

  30. profile image0
    sandra rinckposted 8 years ago

    What do mason have to do with gas?  Nothing, masons are still riding horses and robbing graves upon their getaway camels.

    Now we know the answer to the more serious question.  Where did the water go?

    1. usmanali81 profile image55
      usmanali81posted 8 years agoin reply to this

      Masons and Zionists have a lot to do with GAS, PATROL, DIESEL, GOLD, PLATINIUM AND DIMOND. Most of them are SADISTS. They love watching people screeming about GAS ... oh ... and the GAS is in their A...........
      For some historical facts http://hubpages.com/hub/FREEMASONS-IN-A-NUTSHELL

      1. Misha profile image75
        Mishaposted 8 years agoin reply to this

        As Russian anti-semits put it:

        If you don't have water in your tap,
        It's because judes drunk it all up lol

        The same level of discussion, really smile

        1. usmanali81 profile image55
          usmanali81posted 8 years agoin reply to this

          The Russians were absolutly RIGHT because if these Freemasons and Zionists start giving Zakat (Islamic Charity) per year then there will be no poor left behind. If water shortage, then all will be able to buy mineral water bottels. If Gas price hikes, all be be able to manage and buy the expensive gas.

          Do you know the budget of 10 richest of the world is much greater than all the third world countries including some African countries where water shortage is severe and Madonna (Freemason) use to pick up babies from there for fulfilling her sexual desires. May be she use to share those childs with other fellow Masons.

          1. countrywomen profile image60
            countrywomenposted 8 years agoin reply to this

            Mr.Usman- This is really sick. Why do you make so many assumptions about people? Why do you tend to find evil/bad even in a seemingly noble deed like adoption? mad

            1. usmanali81 profile image55
              usmanali81posted 8 years agoin reply to this

              I did'nt made any assumption for you, i usually make these assumptions on SADISTS like Madonna, Freemasons and Zionists.

              Take the songs and interviews of Madonna which builds a strong connection with the following fact.

              SEX IN MASONIC TEMPLE -- AND THE POMEGRANATE
              "The lodge is a representation of King Solomon's Temple and the Temple was calculated to symbolize the maternal human body, wherein the candidate must enter to be born again.  The uterus and vagina represent the porch of the Temple, the pillars of the porch represent the fallopian tubes, the network, the broad ligament with its accompanying blood vessels ... and the pomegranate, the ovary and its exuberant seeds, the ova cells." [Rollin C. Blackmer, The Lodge and the Craft: A Practical Explanation of the Work of Freemasonry, St. Louis, The Standard Masonic Publishing Company, 1923, p. 249; Emphasis added]

              It is found highly pagan to realize the obsession Masons have about sex, when they depict it in so many of their symbols and even in their own Lodge.  Can you imagine a Mason thinking about entering a woman's vagina as he goes through the porch of the Masonic Temple?  Unbelievable!

              1. earnestshub profile image88
                earnestshubposted 8 years agoin reply to this

                Entering the lodge may have that effect on some, but for most well adjusted folk, sex is a great part of life, but we are not obsessed by the"sin" side of it, and would find it a bit hard to Imagine a Masonic lodge in the way you suggest.

                1. Mark Knowles profile image61
                  Mark Knowlesposted 8 years agoin reply to this

                  And let's face it - you don't get much more phallic than a minaret. lol

                2. usmanali81 profile image55
                  usmanali81posted 8 years agoin reply to this

                  I did not suggested rather it's a pure Freemasonic theme.

              2. countrywomen profile image60
                countrywomenposted 8 years agoin reply to this

                I am getting tired of explaining to you that it is not appropriate to make negative assumptions and then going ahead considering those assumptions as some sort of facts which align with your existing beliefs. I wish you well and hope you understand what I am trying to say. Have a good day. smile

                1. usmanali81 profile image55
                  usmanali81posted 8 years agoin reply to this

                  Get their history and then you will come to realize about their evil plans http://hubpages.com/hub/FREEMASONS-IN-A-NUTSHELL

          2. Misha profile image75
            Mishaposted 8 years agoin reply to this

            Sorry man, I had such kinds of discussions in kindergarten, and long outgrew them. Not interested...

  31. earnestshub profile image88
    earnestshubposted 8 years ago

    My eggs were cold this morning, and my morning paper was wet!
    Bloody Masons!

  32. HealthCare Basics profile image61
    HealthCare Basicsposted 8 years ago

    Oh Misha, you are the negative of the bunch here. I do not think we have seen the highest in gas prices here in the US yet. Remember, the Alaska deal has not been blessed as yet......

  33. Misha profile image75
    Mishaposted 8 years ago

    LOL Since when not expecting exorbitant gas prices is negative?

  34. Misha profile image75
    Mishaposted 8 years ago

    So you are betting on inflation. Or even hyper-inflation. My bet is that before it comes (if its hyper part comes at all), we'll have a good period of deflation. smile

  35. ledefensetech profile image68
    ledefensetechposted 8 years ago

    The economy is trying to deflate, but the Fed is dead set against it.  Some of the papers I've been reading lately suggest that like the 70's we'll see inflation, but rather than things being stagnant we'll see a prolonged depression like the 1930's.  When you consider that things look like a mix of the Great Depression and stagflation, well those authors could have a point.

    I'm also betting on price controls at some time in the future.  If that happens get ready for shortages, but I don't need to tell you that do I?  smile

    1. profile image0
      sandra rinckposted 8 years agoin reply to this

      where you been?  There used to be this law called "floors and ceilings" but some stupid president or whomever it was decided that "less regulation" would be better.

      1. ledefensetech profile image68
        ledefensetechposted 8 years agoin reply to this

        Yeah Sandra, that President was Nixon.  First he cut us off from the gold standard for good, which allowed him to print all the money and create all the credit he wanted.  That's the inflation part of stagflation.  The stagnation part came from the fact that people could no longer plan for the future.  If you don't know how much your inventory is going to be worth next year, you don't invest in new production because if you do and you're wrong, you go out of business.  That's stagflation for you.  Do you really understand any of this stuff or do you just repeat what you hear from mass media?  Just so you know we got rid of the floors and ceilings because people were about to revolt over shortages.  Once those went away shortages disappeared. 



        Wow Sandra, that's great for debtors, but creditors are screwed.  So if creditors can't be sure if they're going to be paid back, how will people get credit?  Have you ever tried to start a business?  I doubt it or you'd understand that you pretty much need credit to get the ball rolling.  Why would you put the UN in charge of anything.  Remember the oil for food fiasco?  Do you really think about any of this stuff at all?



        Misha, the bubble has only been building for 30 years.  Yeah I know, only thirty years.  The burst bubble is stronger.  If the Fed tries to re-inflate it, another bubble will form somewhere else.  The original bubble was in the stock market (thanks Bill Clinton), then it moved over to housing in 2001 when the Fed slashed interest rates.  My best guess is that the next round of credit is going to inflate a commodities bubble.  Mostly because there is going to be pressure on commodities due to several other factors and all this liquidity has to go somewhere.  So when commodities start to rise, the excess liquidity is going to flood the commodities market.  Which will cause problems, like people not being able to afford food bad.

        1. profile image0
          sandra rinckposted 8 years agoin reply to this

          Do you always start a conversation with that much sass?  Sorry oh might eco man!  I am just a regular person caught up in all your shady shenanigans. 

          I don't give a shite about creditors!

          1. Misha profile image75
            Mishaposted 8 years agoin reply to this

            LOL Sandy, I think you should smile

          2. ledefensetech profile image68
            ledefensetechposted 8 years agoin reply to this

            I do when somebody talks about breaking their word.  Like it or not when you sign an agreement for a loan, you sign a contract.  Your contract is your word.  If you don't keep your word, what good are you?



            Misha, do you mean the gas spike last year?  That spiked for specific reasons, some of which hold today, others which are new.  If you're talking about an inflationary economy, in the US that goes back to 1913 with the creation of the Fed.  We flirted with a central bank several times in the 1800's but we managed to get rid of it until 1913.

            1. profile image0
              sandra rinckposted 8 years agoin reply to this

              Oh but it is okay when they break their end of the contract by adding things like a little bit of government interest and such.  Sure, I see how ya'll are.

              A creditor can change the contract and ask for more but that doesn't void the contract right?  But if the debtor says 'f' you because you changed the contract and I am not paying for it, then the debtors is in the wrong, right?

              Yeah, I still don't give a shite about creditors! big_smile

              1. ledefensetech profile image68
                ledefensetechposted 8 years agoin reply to this

                Don't get me wrong, creditors screw with contracts as much as debtors do.  Unfortunately that's what happens when you have things like Fair Credit Acts and things like that.  People then start writing contracts in such a way that circumvent those laws.  Also you do realize that unless you sign to a change in a contract it's not binding, right?  You're also free to make whatever changes you want to a contract.  The creditor might not agree, but in that case you have the choice to walk away.  If you don't keep your word, then society itself sooner or later crumble.

              2. Misha profile image75
                Mishaposted 8 years agoin reply to this

                LOL It's definitely your right, but what goes around comes around smile

                LDT, I am checking the charts, will get back to you soon smile

                1. profile image0
                  sandra rinckposted 8 years agoin reply to this

                  So does that mean that because the creditors always get their money then one day I will get my money too! big_smile  Woo Hooo..."she'll be comin'round the mountain when she comes".

  36. Misha profile image75
    Mishaposted 8 years ago

    What do you think is stronger - a bursting century old credit bubble or the Fed? wink

    And yeah, you don't need to tell me that, I lived through it smile

    1. profile image0
      sandra rinckposted 8 years agoin reply to this

      I think the UN should just call it even and start over.  No one owes no one nothing.  No more credit, pay as you go etc.  no contractual home loans or car loans.  If you lose your job and can't pay, give it back and let someone who can afford it pay for it until the "actual" cost is paid for. 

      But that is dreaming. big_smile

  37. Misha profile image75
    Mishaposted 8 years ago

    I don't think floors and ceiling was such a good idea, and whatever president dumped it made a right move IMO. But we are likely to see its pompous return under the current president smile

    1. profile image0
      sandra rinckposted 8 years agoin reply to this

      I don't know, maybe it will but maybe this time around they could possible do something to control the rate at which prices rise. 

      I mean, a steady increase where people can keep up and get with it seems more reasonable and "safe" than a sudden increase that most people cannot possible adjust to over even a year.

      The deregulation of the market wasn't a bad idea to begin with but the cost of living couldn't keep up with it.

  38. Misha profile image75
    Mishaposted 8 years ago

    LOL Sandy, you are too fast for my fingers smile

    I am afraid UN has no power over this, it is like an avalanche - you either get out of the way and wait it out, or you get smashed smile

    1. profile image0
      sandra rinckposted 8 years agoin reply to this

      Oh, well since you put it that way, I will totally get smashed.  Anyone up for a drink. wink LOL

  39. Misha profile image75
    Mishaposted 8 years ago

    LOL sorry my English, I meant crushed of course smile

  40. Misha profile image75
    Mishaposted 8 years ago

    LDT, I think you missed commodities bubble smile What other class of assets left? Government debt? Seems to be over already, too smile

    And I think we are talking about a period much longer than 30 years. In fact it may go back as far as mid 1800s...

  41. Misha profile image75
    Mishaposted 8 years ago

    Here is the chart of CRB index. Sorry, took a while to find a publicly accessible chart of enough duration smile

    http://bigcharts.marketwatch.com/quickc … mp;time=13

    Not THAT impressive of a bubble as stocks or housing, but still a huge rise with ensuing burst. smile Actually the mildness of this bubble points at the weakness of available credit, so no, there is no liquidity at all despite of historical Fed efforts, soon dollar is gonna become scarce smile

  42. ledefensetech profile image68
    ledefensetechposted 8 years ago

    I think it will be a matter of not just oil going up but food, steel, gold, silver, fertilizer, corn, wheat, etc. etc. etc.  Oil spiked because of an increase in demand due to China and India.  Inflation also played a role as the deficit spending of the early Bush years started to take it's toll on the value of the dollar.  The crash was due to a decrease in demand coupled with the deepening depression around the world.  What concerns me is that price is increasing, while the effects of the depression are still rippling through the world economy.  That's the main reason I think inflation is really starting to roll.

    1. countrywomen profile image60
      countrywomenposted 8 years agoin reply to this

      I have seen this issue crop earlier too. I mean in US even a single person drives SUV's with more than 3000 CC engines(with little MPG) and in India 5 people travel in a  Maruti 800 CC engine.

      Just in recent years more middle class is buying personal 4 wheel transportation. I don't know why it is ok for Americans to buy larger inefficient vehicles and other places people who have some aspirations should be blamed for the fallout. I feel everybody has a right to fulfill there life's small aspirations(like own a small car).  Just my two cents. smile

      1. ledefensetech profile image68
        ledefensetechposted 8 years agoin reply to this

        Don't worry about it CW, I forgive you.  big_smile  A lot of the SUV thing has to do with the overall cheapness of gas in the US.  The government subsidizes quite a bit of the price of gas.  And they tax it much less than, say, European countries.  So we have cheaper gas and a huge interstate highway system that allows people to live quite a bit away from their workplaces.  Since gas is cheap efficiency isn't going to be a concern of car makers.  They'll try to convince people to buy big powerful cars.  Remember muscle cars?  It's the same kind of thing.

        We've kind of caught it in the rear lately because gas is no longer cheap.  It's still early days though, and what we're suffering through is a readjustment.  I really wish they'd have left the car makers alone.  The ones who could adjust to the new circumstances would have and the one's that couldn't would fail.  Now there's a good chance we'll get incompetents and political appointees running the things and we can kiss all our forcibly invested money goodbye.

  43. Misha profile image75
    Mishaposted 8 years ago

    Duh! CRB includes oil! Silly me smile

    K, let's give it a time and see how things turn out smile

    1. Misha profile image75
      Mishaposted 8 years agoin reply to this

      Well, did some more research, and here is a few randomly picked commodities from several groups. All look like they already saw their best days. I bet the bubble was not only in oil smile

      aluminum
      http://hubpages.com/u/1280801_f520.jpg

      coffee
      http://hubpages.com/u/1280802_f520.jpg

      copper
      http://hubpages.com/u/1280803_f520.jpg

      corn
      http://hubpages.com/u/1280804_f520.jpg

      wheat
      http://hubpages.com/u/1280805_f520.jpg
      source: futures.tradingcharts.com

  44. Misha profile image75
    Mishaposted 8 years ago

    LOL CW-girl, I don't think LDT meant to blame anybody, he was just trying to analyze what he thinks could be possible reasons for price movement. smile

    1. countrywomen profile image60
      countrywomenposted 8 years agoin reply to this

      Oops!! Sorry. I should have read this thread from the beginning. I just read his post since he seems to be very knowledgeable about economy (from an earlier exchange about housing markets). I guess I over reacted. Sorry everyone. I meant no offense. smile

  45. countrywomen profile image60
    countrywomenposted 8 years ago

    Thanks LDT. I guess I misread and shouldn't have made that post. I just sometimes get annoyed when people who enjoy the luxuries here tend to point to other countries not to enjoy even a basic thing like a personal car.

    I read at HP earlier somebody complaining about the gas prices in US going up last year due to more people in India/China buying cars without looking inwards. I mean even if Gas is cheap here it doesn't give us a right to waste it buying inefficient vehicles. In the long run we would be "killing the goose" by doing so. Just my two cents. Have a good weekend. smile

  46. ledefensetech profile image68
    ledefensetechposted 8 years ago

    No by all means make the post.  One of the problems with Internet communication is that we don't have secondary channels for communication and language itself is notorious for being misunderstood.  Better to make the post and get clarification than not and misunderstand.

    1. countrywomen profile image60
      countrywomenposted 8 years agoin reply to this

      Well I prefer to keep silent sometimes. My father used to say one should know where to say, what to say and how to say. If one isn't sure of the "how to" then the other two don't matter that much. My mother would mince no words and tends to be more direct(she is a lawyer dealing in social service cases and she says in the initial days when she was very nice she wasn't taken as seriously in her circles hence she prefers to be a bit more direct) . I guess I have some traits from both sides. smile

  47. HealthCare Basics profile image61
    HealthCare Basicsposted 8 years ago

    I paid $3.12 per gallon this morning. Seems the gas price went up then down in just a few days here in San Diego. $30.00 got me 3/4 of a tank.

  48. ledefensetech profile image68
    ledefensetechposted 8 years ago

    I really hope you're right Misha, that would be a weight off my mind.  Still we haven't heard any nonsense like "commodities only go up" yet, so it could still happen.  They once said that about the stock market and housing, they were wrong.  I still have to wonder where all of this excess money is going to go.

  49. profile image0
    bernie1936posted 8 years ago

    I'm ready for high prices again. I stored up about 700 gallons of vegetable oil for my diesel car.

  50. ledefensetech profile image68
    ledefensetechposted 8 years ago

    What kind of mileage do you get from that bernie?

 
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