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Old 10-09-2018, 12:15 AM
 
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
20,792 posts, read 37,464,612 times
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Gas? Who needs gas?


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Old 10-09-2018, 10:48 AM
 
2,360 posts, read 1,027,668 times
Reputation: 2071
Quote:
Originally Posted by Louisville Slugger View Post
Define way up. If spending $5 more to fill up really impacts you there must be something else in your budget you can cut.

I spent $29.83 on 10/03/18 to fill up my 2008 Honda Civic EX. Price per gallon was $2.699.
its the principle of the matter. $5 may be alot to some and not to others. I would rather spend the 5 bucks on another day of food instead of speculators pocket it books.
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Old 10-09-2018, 11:06 AM
 
Location: Aurora Denveralis
2,999 posts, read 1,017,500 times
Reputation: 3813
I love how "Gas is going to get a lot more expensive." is interpreted as going up the 25 cents it regularly oscillates across throughout any given year.

I guess no one here has ever experienced $1-2+ rises. Or everyone's been lulled into a completely false sense of security that gas is just so darn cheap it can never get expensive again.

Checked Saudi news lately, folks?
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Old 10-09-2018, 11:16 AM
 
2,360 posts, read 1,027,668 times
Reputation: 2071
Quote:
Originally Posted by Quietude View Post
I love how "Gas is going to get a lot more expensive." is interpreted as going up the 25 cents it regularly oscillates across throughout any given year.

I guess no one here has ever experienced $1-2+ rises. Or everyone's been lulled into a completely false sense of security that gas is just so darn cheap it can never get expensive again.

Checked Saudi news lately, folks?
I was around when it jump from 1.25 to 2.50 in a week time.. then nearly 4 bucks a few week later, till the speculators got fat and calm the news down. All over the false pretense that the oil supply was going to get hit during the iraq wars and it never did, it just swell above reserves and tanks were held offshore due to no place to park it.

as for Saudi.

Quote:
Saudi Arabian oil minister Khalid al Falih tried to reassure markets that Saudi Arabia would increase production but that the market is actually very well supplied. The 9% increase in oil prices over the past 3 months, he said, is the fault of financial speculators, not a lack of supply. He's right, but the market and the speculators didn't believe him
https://www.forbes.com/sites/ellenrw.../#3222ff1d6dfc


Of course speculators will drump fake news just to spike the prices.. Again when have they ever been right?
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Old 10-09-2018, 02:06 PM
 
Location: Watervliet, NY
3,656 posts, read 1,195,393 times
Reputation: 6568
Quote:
Originally Posted by the tiger View Post
I'm paying a whole $2.89/gallon on average. Whoopie.
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Old 10-09-2018, 02:09 PM
 
Location: Aurora Denveralis
2,999 posts, read 1,017,500 times
Reputation: 3813
Quote:
Originally Posted by ContraPagan View Post
I'm paying a whole $2.89/gallon on average. Whoopie.
The significant statistical rise is what's concerning, here. You can interpret it several ways, including dismissing it as inconsequential, but a can of beans doesn't have to explode for you to be concerned about it bulging a little.
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