Posted on 06/29/2014 11:41:10 AM PDT by Kid Shelleen
The recent spike in gas prices will make the July 4 holiday weekend the most expensive for drivers since 2008.
According to USA Today, prices will average $3.68 a gallon for regular-grade gas, up 17 cents from last year. That is still below the record price of $4.11 at the pump just after July 4, 2008.
The continuing fears over the political unrest in Iraq have seen crude oil prices rising, causing an unseasonably early summer run-up on retail gas prices, the paper reports.
(Excerpt) Read more at foxnews.com ...
From Seattle it’s subtract 6 and add a day - but with DST there it’s an hour less here. I still have a hard time figuring out when to Skype my folks. It’s Sunday at home around 12:30ish ....
People spend time close to home all year.
If they want to hop in a car and see something new what’s it to you?
$4.40 for regular
If they want to travel a distance in a car, fine. All I’m saying is that with higher gas prices many people are likely to stay closer to home.
Many people live out in rural areas and stores are many miles from them, as well as a gas station, Drs, dentists schools, hospitals and food banks!! All ppl do not live on a bus line
That's Silly. It's low prices that help economies. If people have more discretionary income they will spend more on other items in the economy aside from gas.
And there's not much good about not being able to afford a family vacation if you want it.
Regular is $3.99 in Oregon.
However, you also said that is good for local economies, and as was pointed out, the "local economy" may not be quite so local.
One must also take into account the "local" economies that rely on tourists. People staying close to home hurt those local economies when the locals have less work, thus less to spend in the "local" economy.
When I say it helps "local economies" I mean of course where one lives. That's a positive.
Around here, towns collect an income tax on employees who work in that town. The county and state split an 8% sales tax. If people want to go somewhere, of course they should. But there is a silver lining to people spending money at home instead of using it to fill a gas tank.
You see that as a POSITIVE? You're only interested in the increased tax revenue to the area? If so, you should be wanting outsiders spending their money in your area, so as to help the tax burden on the locals.
Quite a number of towns around here have a meals tax, in addition to the state sales tax, the idea being since they are "tourist" towns it is means of helping lessen the tax burden on the locals for the wear and tear on infrastructure and the use of town services. Of course the locals pay it as well, but it's better than our property taxes going up.
Nobody gains when more gas is consumed. Of course I don’t like the ridiculous amount of taxation and regulation we have, but my preference is that the money stays local. It’s spent locally, on police, fire, trash removal and road maintenance (etc).
Yeah and being unemployed let’s you spend more time at home with the kids and more time to enjoy your hobbies./sarc.
Nobody gains when prices are so high that no one can afford to do anything other than the things they MUST do. Because what you are failing to see is that the high cost of gasoline, and diesel is even higher, makes the price of everything increase.
I am a huge supporter of local business and try my best to patronize them over the chains, however it is not always possible because I happen to live in large rural area. We have to go to “town” to get anything, sometimes that even means the next state for many where I live, and that takes gas and when more of our income goes to that we have less with which to support the local economy.
High gas prices are bad for the economy - bad for ALL economies. Nothing good for the economy has ever or will ever come from high fuel prices.
Thanks for the positive comment. Much needed.
Change!!!!
Woohoo!!
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