Most of us figured it would be temporary and it appears we are right. $2.699 per gallon now, 40 cents more than a mere three weeks ago.
We decided to by beef for a huge middle class treat with the savings.
The money desparately being saved is going for FOOD, morons, and for the double or tripled GD insurance premiums jacked up on the public by the GD government “law” requiring we pay for useless non-working literal jackasses and illegal aliens.
What in the hell is with this crew-— buy f’n STOCKS. For companies who employ NO-One. What a hustle.
The California Democrat super majority of the state passed last year a new $1.29 (or so) tax on a gallon of gas. When I saw the barrel stayed down and the price came up I thought this was only a California thing and Democrats just using the timing to add some of the new tax to the gallon.
So this was a nationwide rape of wallets instead?
The oil cartel has been storing oil in order to jack up the price since demand is down around the world. They are to the point where they don’t have any place else to store it. Prices will fall shortly thereafter.
I am paying down debt. I’ve switched from consumer to survivor. I do not expect to ever switch back. I’ve lost confidence in our currency and our Federal Govt.
http://www.philly.com/philly/news/Pa_gas_tax_to_rise_Jan_1_again_in_2015_and_17_.html
FU Tom Corbett.
It was fleeting.
Though if you'd asked me a year ago if I'd be complaining about sub-$2.30 a gallon gas prices after years of prices above $3.00 then I would have laughed at you. I'm just fickle, I guess.
They act as if folks weren't already in debt and going deeper before the gas prices took a dive - must be Leftists who think every penny earned/saved should be immediately spent on crap one doesn't need.
Obama and the Democrats made sure the prices were on a decline for the 2014 elections. Obama has notified the oil producing countries to raise their prices per barrel.
The idea that consumption produces prosperity is absolute lunacy. Complete idiots. Try saving and investing.
The late winter rise did not occur unexpectedly here in gulf-coast Florida. As prices were free falling, energy “experts” interviewed on the radio said the prices would rebound in February and continue to a peak price sometime in May. I believe under $3 per gallon gas prices as a doable thing in 2015. Of course I would like it to be under $2, but I’ll take $2.70 per gallon over the long run.
I’d just like airfare prices to ease seeing as how fuel contracts could have been locked in when fuel prices were approaching the bottom. I can report that airfare seems to have gone up over the past 3 months, not down, as I’ve been watching diligently with a summer trip coming.
Oh, I don't know...but have you seen the price of hamburger meat, lately?
Paid an electric bill?
Bought fuel oil for your home heat system?
Sure as hell ain't buying big screens in this household.
Whatever saving we might have had at the gas pump got used up at the supermarket. Thanks in large part to the ethanol boondoggle pushing up corn prices, beef chicken and milk are soaring in price. I find it now cheaper to buy wild caught salmon and tuna than hamburger.
Those of the elite political class didn’t act fast enough to enact more taxes.
Gouging = $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
If people take the savings on gas and actually save them, by putting them in the bank or buying stocks and bonds, those savings still end up in the economy. Banks lend them out. Stocks and bonds pay for business startups and expansion, capital equipment, etc. All that money eventually ends up in the pockets of working people.
Even if someone uses their savings to buy a pile of gold, the money eventually goes to pay a gold miner.
Economists argue that investment should not be counted as part of GDP because that double-counts the invested money that is spent after it becomes wages. Technically, they're correct. However, that allows people to forget that investment puts money into circulation, just as does consumption.
Paying down debt, putting money in the bank, or any other form of investing, boosts the economy just as much as does consumption. Moreover, without investment, there will be no jobs.
"Gosh Wally.. I wonder what that means?"
"What it means, Beaver, is.. THAT'S how they get MONEY out of people."