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Old 04-30-2018, 01:26 PM
 
Location: Grosse Ile Michigan
30,708 posts, read 79,778,724 times
Reputation: 39453

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$3 is pretty much my bright line too. I am cutting back a bit on unnecessary driving. As prices hit and exceed $3, I will cut more and more. We are working on a program to allow people in our department to work form hoe a few days per month. That will help.

The real goal is to send the speculators a message. If the price causes people to cut back on consumption, demand goes down. eventually they have to lower the price or people get out of the habit of excessive driving, start car pooling etc, and they lose market permanently.
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Old 04-30-2018, 01:29 PM
 
Location: Raleigh
8,168 posts, read 8,521,460 times
Reputation: 10147
The government makes most of the money on gasoline anyway. Feds get $.184 a gallon, states get average of $.30 a gallon. Complain to the governor.
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Old 04-30-2018, 01:38 PM
 
1,290 posts, read 2,568,790 times
Reputation: 686
When would you say gasoline is too expensive?

About 23 years ago.
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Old 04-30-2018, 02:23 PM
 
Location: San Antonio, Tx
8,238 posts, read 10,722,808 times
Reputation: 10224
Quote:
Originally Posted by cebuan View Post
Go into your gas station convenience counter, and dispense a fountain drink. Say 32 oz. 99c. You just paid $4 a gallon, for what? A cup of water that falls from the sky, shot with some carbon dioxide (the substance you exhale) and a few grams of cheap chemical sweetener and artificial food coloring.

Now think about where your gas comes from. Drilled from miles beneath the ocean, transported in tankers half way around the world, exposed to a high intensity refining process, formulated with additives, delivered by truck to a corner near you, cheaper than a Big Slurpy.

Which one is too expensive?
That's a horrible analogy aside from minimizing the work that goes into making the syrup. The average person doesnt need 15 gallons a week of fountain drink.
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Old 04-30-2018, 02:30 PM
 
Location: Keosauqua, Iowa
9,614 posts, read 21,260,762 times
Reputation: 13670
When I have to pay for it.
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Old 04-30-2018, 02:47 PM
 
Location: WA
5,641 posts, read 24,948,076 times
Reputation: 6574
Quote:
Originally Posted by cebuan View Post

...

Now think about where your gas comes from. Drilled from miles beneath the ocean, transported in tankers half way around the world, exposed to a high intensity refining process, formulated with additives, delivered by truck to a corner near you, cheaper than a Big Slurpy.

Which one is too expensive?
Exactly right! And a notable amount you pay for fuel is taxes.
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Old 04-30-2018, 03:48 PM
 
Location: Raleigh, NC
4,543 posts, read 3,746,709 times
Reputation: 5316
When you get articles like this popping up:

Most expensive driving season in a while
https://www.cnbc.com/2018/04/30/get-...-in-years.html
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Old 04-30-2018, 04:38 PM
 
19,014 posts, read 27,574,271 times
Reputation: 20265
C'mon, folks. They had to force electric cars upon buyers somehow. So here ya go. Price hike. More expensive "no gas" cars stepping in.
Simple.
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Old 04-30-2018, 05:00 PM
 
5,051 posts, read 3,578,100 times
Reputation: 6512
Quote:
Originally Posted by cebuan View Post
Go into your gas station convenience counter, and dispense a fountain drink. Say 32 oz. 99c. You just paid $4 a gallon, for what? A cup of water that falls from the sky, shot with some carbon dioxide (the substance you exhale) and a few grams of cheap chemical sweetener and artificial food coloring.

Now think about where your gas comes from. Drilled from miles beneath the ocean, transported in tankers half way around the world, exposed to a high intensity refining process, formulated with additives, delivered by truck to a corner near you, cheaper than a Big Slurpy.

Which one is too expensive?
Just look at the earnings for the major oil and refining companies. Are they positive ? (yes). Are they strongly positive ? (yes). Are their stocks performing ? again - yes.

Now what do the rest of you think ?
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Old 04-30-2018, 05:07 PM
 
Location: Montgomery County, PA
16,569 posts, read 15,263,569 times
Reputation: 14590
It's hard to relate to price per gallon. Back in 08, it cost me $75 to fill my tank and had to do it every three days. Today, I don't have that truck and drive a fraction. I figure if we skip one dinner eating out, it will pay for $5 gas.
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