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Old 04-18-2018, 07:51 AM
 
Location: NNJ
15,074 posts, read 10,108,006 times
Reputation: 17276

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I'm in the market for a full size pickup truck (Not as a primary commuter vehicle). If gas goes up and people start trading them in for something more efficient; price drop on used.

I just filled regular at @2.56.
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Old 04-18-2018, 07:52 AM
 
Location: North of Canada, but not the Arctic
21,148 posts, read 19,729,843 times
Reputation: 25678
“Gas prices have nothing to do with supply and demand”

lmao

I’m glad I put desertdestroyer on my ignore list, but thanks to the person who quoted him to confirm my decision.
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Old 04-18-2018, 07:52 AM
 
23,991 posts, read 15,091,790 times
Reputation: 12958
Quote:
Originally Posted by desertdetroiter View Post
Yeah, but Americans pay a LOT of money to keep the supply of oil free and secure. Middle Eastern military operations have cost us trillions of dollars since 2003...I think we deserve a return on that investment. When people say that we have no right to cheap gas, I disagree. If not, then let’s get the hell outta the Middle East and let Big Oil pay for their own security to move oil around the globe. Then I’ll gladly pay more.

Lemme just say that I’m not that uptight over this matter. I can afford to pay far more, and if I like a car, I don’t care about the gas mileage. Never did. All I want is some honesty about how gas prices are set. I want the speculators to come clean about this scheme.

And I want folks to stop propagating this nonsense about supply and demand when it’s quite clear that it doesn’t apply here. I also want the lies to stop about more drilling = cheap pump prices. That’s a lie too.
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Old 04-18-2018, 07:52 AM
 
Location: San Diego
50,323 posts, read 47,069,940 times
Reputation: 34089
Quote:
Originally Posted by FirebirdCamaro1220 View Post
I tried doing the carless thing here, lasted 6 months. Our public transportation doesn't run 24-7, so I eventually had to start taking Lyft every morning and taking the bus home. Had to eventually cave and get a car again. So again, pretty inelastic demand currently
I went carless for 5 years using my bicycle. Phoenix is perfect for commuting by bike.
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Old 04-18-2018, 07:54 AM
 
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
27,606 posts, read 14,615,202 times
Reputation: 9169
Quote:
Originally Posted by 1AngryTaxPayer View Post
I went carless for 5 years using my bicycle. Phoenix is perfect for commuting by bike.
Not in the summer, I work 10 miles from my apartment. Round tripping 20 miles by bicycle is not only impractical, but would burn so many calories that you would have to up your food budget to not be a skeleton after a year
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Old 04-18-2018, 07:58 AM
 
16,212 posts, read 10,828,810 times
Reputation: 8442
Quote:
Originally Posted by reed067 View Post
Um summer.
It snowed in the Midwest this week lol. We are still hoping for spring to come, not even thinking about summer.

I noticed as well it has gone up over the last month.

I get my gas from Costco and it was about $2.29 when I filled up earlier this week per gallon. Last month, I remember I got gas for $2.08 per gallon. Costco is usually about $.30 less than regular gas stations per gallon here.
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Old 04-18-2018, 07:59 AM
 
Location: Morrison, CO
34,235 posts, read 18,590,367 times
Reputation: 25806
But, but....when gasoline spiked to over $4 per gallon under Obama, he, and Democrats said that was a good thing because it reduces demand, and thus carbon emissions.
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Old 04-18-2018, 08:04 AM
 
16,212 posts, read 10,828,810 times
Reputation: 8442
Quote:
Originally Posted by Pilot1 View Post
But, but....when gasoline spiked to over $4 per gallon under Obama, he, and Democrats said that was a good thing because it reduces demand, and thus carbon emissions.
If we're going to go into a silly R vs D president on gas prices, note that in 2005-2006 gas prices were over $6 a gallon down south.

I never saw gas over $3.25 a gallon when Obama was president and think that even though it has gone up a bit recently, it is nothing outrageous currently.
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Old 04-18-2018, 08:08 AM
 
23,991 posts, read 15,091,790 times
Reputation: 12958
My Subaru gets 35 mpg. Prices don't bother me.

Sure did when we rented a Suburban and had to pay 4.50 a gallon about 10 years ago.

Now, anything less looks good to me.
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Old 04-18-2018, 08:21 AM
 
Location: Suburb of Chicago
31,848 posts, read 17,620,010 times
Reputation: 29385
Gas prices, like all commodities, can fluctuate for a number of reasons. For those interested in digging a little deeper about the reasons why, this site does a pretty good job of explaining it:

Gas Prices Explained

And here's another site that is helpful:

Commodity Fact | What drives commodity price changes?

Not for the naysayers, of course, but if you really want to learn more those are a good start.
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