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?
Well, Bush was blamed when prices shot up during his administration. Logically then...
We check Gasbuddy.com for lowest prices. Right now it is around $2.70 at our place.
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!
About 2.89 in the CA foothills up about 30-40c in the past three months.
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.
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
The last one caused a few ripples for sure.
And that is why it's called Rip Off Britain
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.
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.
2.75 around these parts.. at least that is what is was this morning! Who knows what it will be after work!
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
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.
About $.95 per litre here in Ontario, Canada which doesn't make much sense seeing Canada is the US's largest supplier of oil.
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....
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....
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.
I can barely fill my car for three times that. I am paying 1.21 Euros per liter - and that is cheap.
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.
Not far behind you - it hovers at around a Euro here. Mind you, at least public transport is cheap.
It is cheap here too. But stops at 8 o clock. After that - you are looking at mafia-run taxis. Not cheap. lol
Just got back from the gym $2.67 a gal. 8 cents jump in less than 24 hours.
It is god's will surely? And I notice you did not answer my question:
Why are you going against the word of god?
Mark, tsk tsk! It looks suspiciously like you are following spiderpam around just to harrass her.
He's not the Sensei, he's a very naughty boy.
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.
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
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 !
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.
LOL I think I found a point of disagreement with you, except for religion
I would bet that we already saw the highest gas prices in our lifetime - last summer
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
We are at $2.81 here in Delaware. I just traveled to PA and the gas prices there were $2.94.
Anything under $3.00 a gallon looks cheap from here. In Australia we often pay over $1 US a litre.
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!
I fell out of my cradle laughing at that one....
Yep, they should try filling up in Britain.
Just got this update on US gas prices
http://news.yahoo.com/s/ap/20090617/ap_ … _prices_16
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.
Everyday when I look at gas Chervon is the highest. Is it better? Today the price is $2.73.
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... I usually hit an Arco station if needed fuel. I tried one of those private stations twice and my car ran sluggish.
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..
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...
I heard something about speculators, how do they play a part?
Governments always blame any price raise to speculators and take a credit on price decrease
And the Freemasons - at least according to our resident muslimIST.
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?
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
As Russian anti-semits put it:
If you don't have water in your tap,
It's because judes drunk it all up
The same level of discussion, really
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.
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?
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!
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.
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.
Sorry man, I had such kinds of discussions in kindergarten, and long outgrew them. Not interested...
My eggs were cold this morning, and my morning paper was wet!
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......
LOL Since when not expecting exorbitant gas prices is negative?
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.
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?
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.
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.
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!
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.
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!
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.
LOL It's definitely your right, but what goes around comes around
LDT, I am checking the charts, will get back to you soon
What do you think is stronger - a bursting century old credit bubble or the Fed?
And yeah, you don't need to tell me that, I lived through it
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.
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
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.
LOL Sandy, you are too fast for my fingers
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
LDT, I think you missed commodities bubble What other class of assets left? Government debt? Seems to be over already, too
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...
Here is the chart of CRB index. Sorry, took a while to find a publicly accessible chart of enough duration
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. 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
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.
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.
Don't worry about it CW, I forgive you. 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.
Duh! CRB includes oil! Silly me
K, let's give it a time and see how things turn out
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.
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.
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.
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.
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.
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.
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.
I'm ready for high prices again. I stored up about 700 gallons of vegetable oil for my diesel car.
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