Posted on 11/28/2014 4:20:56 PM PST by dynachrome
Really? $3.10 here
It’s not a bad thing. Don’t let idiots tell you the fall in price of a commodity is a bad thing.
It may be a bad thing for a few, but a good thing for the overwhelming majority.
Price equilibrium will be a seesaw. That’s boringly normal.
And the Saudis are trying to get the Russkies out of Syria. Have been for years. With the West’s sanctions in place, this is the time to go for it. This doesn’t have much to do with our fracking, since the Saudis can easily sell to China. This is about power politics in the Middle East.
“Its not a bad thing.”
That was my thought as well. Gas has dropped 20% in the last 6 months. That’s like almost everyone getting a big raise...
Sounds like a good thing to me. I’d like to see it go to $50 a barrel.
yes but i don’t do stocks any longer. only MF’s and i am not long on any MF i can buy.
Just imagine it with COPs, direct injection, variable cam timing and twin turbos.
“They can only go down so much at the pump when you figure in the Federal, State and Local taxes on a gallon of gas.”
Are those taxes not based on a percentage? In that case the tax goes down too...
I see all these small block Chev & Ford in hot rod mags with 2 turbos, 1000 horsepower.
Amazing stuff.
In my old age, 500 hp would be enough to make me pee my pants LOL.
Long ago I lost the believe that “there ain’t no substitute for cubes.
When they made Caravan and K-car turbos as production cars...ugly as they were...it got my attention. I saw a Golf at a car show, aftermarket turbo, dynoed at 300HP.
With our past experience of $4 gasoline, why the hell would anybody want to feed a big block daily driver? Especially when you could have a raging tornado under the hood, which reverts back to a mild-mannered fuel-sipping little kitten when you take your foot out of it...not to mention the engine’s weight advantage for both handling and acceleration.
High output small displacement engines is where it’s at.
John D. saved more whales than Greenpeace EVER did.
To my knowledge fuel taxes are a set thing not a percentage.
For instance at the Federal, State and Local level the fuel taxes in Illinois exceed over $1 per gallon of gas.
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