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It’s the Gas Prices Stupid
CFP ^ | April 26, 2005 | K.L. Marsala

Posted on 04/26/2005 11:17:40 AM PDT by MikeEdwards

"Help! I can’t afford to fill my tank anymore!" This is becoming the cry of the American driver and the rising costs of fuel are distressing every facet of our economy. With prices soaring at our pumps, choosing between a gallon of petrol and a gallon of milk is fast becoming a household’s budget dilemma. When it comes to deciding whether we want to drive a gas-guzzler or buy a carton of milk- the milk will win every time. Gas just doesn’t soak up the flavor of our Coco Krispies the way milk does.

Certainly, overall, America’s gas prices are much less than those of Europe… but we’re spoiled and used to having our gas guzzling SUV’s and monster 4x4’s. The problem with the rising costs of our energy sources isn’t just about what drizzles down our auto tanks and burns carbon crap into our air- its how the pricing of energy begins to inflict pain in almost every venue of our lives.

Those big semi-trucks that deliver our groceries to our local supermarket are feeling the gasoline pinch too, this is being reflected at our stores by the daily increase of necessities and food items. The basics such as clothing, food, cooling and heating of our homes are headed for trouble. Inflation has been rising for about a year now, and as of yet we aren’t headed down the path of the 1970’s, but if action and relief aren’t administered to help deter the rising costs of fuel, we could be headed towards an ugly summer and a dreadful year. . . . .

(Excerpt) Read more at canadafreepress.com ...


TOPICS: Business/Economy
KEYWORDS: economy; energy; gas; gasprices; oil; prices; recession
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To: Argus

There is a new refinery going in someplace in the US, heard on the news this morning, but missed the location, the company, and everything else. Maybe it will come up again.


21 posted on 04/26/2005 11:36:33 AM PDT by RightWhale (50 trillion sovereign cells working together in relative harmony)
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To: MikeEdwards
Supply of unleaded gas effect prices more than cost of crude oil.

Build more refineries and tanks and drill ANWR.

22 posted on 04/26/2005 11:37:17 AM PDT by Mike Darancette (Mesocons for Rice '08)
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To: MikeEdwards
Back in April 2003,

www.discovery.com had an article about Anything into Oil

It was a process that took what the US would send to a land fill back into Oil. They were building a larger plant near some Turkey processing plant to turn the waste turkey into oil using the process. Anyone know what happened to that business venture?
23 posted on 04/26/2005 11:39:18 AM PDT by PureTrouble
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To: superiorslots
My wife is a vet and some people can only pay $10 or 20.00 a month to pay their bill.

Well you know, after the essentials are paid for - the cell phone bill, internet bill, cable bill and eating out 4 times a week - there's just not much money left over for discretionary items...

24 posted on 04/26/2005 11:39:32 AM PDT by green iguana
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To: oldvike

Obviously you drive for a living, travel for a living, or just plain live very very far from work.

Which is it?


25 posted on 04/26/2005 11:39:33 AM PDT by ruiner
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To: Phantom Lord
At 50 cents a gallon increase in price
26 posted on 04/26/2005 11:40:03 AM PDT by oldvike
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To: MikeEdwards
The biggest whiners still puff on the old cigs and can find the bread for that with no problem. Ride a motorcycle I get 38-40 mph on mine.
27 posted on 04/26/2005 11:40:08 AM PDT by bikerman
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To: MikeEdwards

These high gas prices make me glad I decided to live in the actual city of Baltimore (close to my work). Not only can I wake up relatively late and still make work on time, I save a lot on gas! (I honestly haven't noticed an impact on my budget).

Now, of course other than that, I have to pay very high real estate taxes, I have to put up with Martin O'Malley, I have to be practically the only conservative on my block, etc.

Ah, what the heck though. I prefer to look at the half full portion of the glass.


28 posted on 04/26/2005 11:40:14 AM PDT by FourtySeven (47)
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To: Phantom Lord
At 50 cents a gallon increase in price

What's your time reference for this price increase? The start of the Bush Presidency?

29 posted on 04/26/2005 11:40:35 AM PDT by oldvike
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To: Argus
The same environmental controls mandate complicated formulations for gasoline that vary from region to region

If memory serves me right (a little Iron Chef lingo there for ya), there are 55 different blends required by law. That is more than 1 per state.

30 posted on 04/26/2005 11:41:37 AM PDT by Phantom Lord (Advantages are taken, not handed out)
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To: ruiner
Purchased my truck in 1998 when gas was around 80-90 cents per gallon in my area. I'm now paying over $2.20. I can understand a little inflation, but this is getting out of hand.

I put about 24,000 miles on my truck per year. Most of my driving comes from the 2 days per week I have to drive to Nashville (my boss and I ride in the company car the other 3).

31 posted on 04/26/2005 11:44:59 AM PDT by oldvike
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To: ruiner

I was in a drug store about a month ago, and struck up a conversation with a little girl in line behind me. She asked me where I live, and I told her, "Oh, just a couple of blocks from here." She said, "Me too; it's not so bad." I asked her what she meant, and she said "the walk." She went on to explain that she and her mom walked whenever they could in order to save money on gas.


32 posted on 04/26/2005 11:48:06 AM PDT by Melpomene
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To: MikeEdwards
Those big semi-trucks that deliver our groceries to our local supermarket are feeling the gasoline pinch too, this is being reflected at our stores by the daily increase of necessities and food items.

"Those big semi-trucks" don't run on "gasoline."

The quoted portion above is also a comma splice.

33 posted on 04/26/2005 11:52:15 AM PDT by B Knotts (Viva il Papa!)
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To: MikeEdwards

Gasoline is just about the only item for which we discuss price without factoring for inflation.

When inflation is factored in, gas cost $2.80 (1.30 before inflation) in the early 80's, a time when the average American's income was about half what it is now. And a time when a new Toyota Corolla was about $6,000.

The cost of the car has increased by 200% or better. Why are we not upset by that but go ballistic when gas costs 65% more than 30 years ago?


34 posted on 04/26/2005 11:54:39 AM PDT by Restorer
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To: MikeEdwards

"K.L. Marsala"? Love your chicken!


35 posted on 04/26/2005 11:56:25 AM PDT by RexBeach ("I can see it now. You and the moon. You wear a necktie so I'll know you." -Groucho Marx)
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To: poobear
Forget the cost of gas!! You have to take out a loan to buy a gallon of milk and a box of cereal. I have not heard one complaint about the cost of groceries. I cannot believe the cost of convenience foods in the grocery store. People are still piling up their carts.
36 posted on 04/26/2005 11:56:26 AM PDT by Coldwater Creek ('We voted like we prayed")
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To: The_Victor

"Gas is still cheaper than bottled water."

My water payments don't go to Saudi Arabia.


37 posted on 04/26/2005 11:57:25 AM PDT by Shermy
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To: OpusatFR
First, gas should be much higher. Not only will it encourage walking and the development of different forms of transit, it will keep everyone's waistlines from ballooning

That gets tough when everything is nearly 20 miles away with the exception of the little country store with prices that are nearly double what they are in town.

38 posted on 04/26/2005 11:57:49 AM PDT by Realism (Some believe that the facts-of-life are open to debate.....)
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To: oldvike

Is there any more to your post? Did you leave something off?


39 posted on 04/26/2005 11:57:55 AM PDT by Phantom Lord (Advantages are taken, not handed out)
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To: bikerman
Ride a motorcycle I get 38-40 mph on mine

I do 70 MPH in my minivan on the way to work. Sure your not riding a scooter?


I know, its a typo. You meant mpg.

40 posted on 04/26/2005 11:59:04 AM PDT by Phantom Lord (Advantages are taken, not handed out)
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