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Getting smoked by gas !


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#1 nimblebear

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Posted 30 April 2007 - 10:28 PM

Gasoline prices are well above highs made back when oil was over $70 barrel. Oil now only $65. As we hit $ 4.00/gallon this year, I believe we will see a major retrenchment. Pirces have jumped 40% in just a few months. This isn't getting the press it did last time around. XOM had another great quarter. And they didn't even blame it on retail gas. We haven't even hit the summer driving season. Fortunately my gas, etc are paid by my company. Now if I can only get my spouse to conserve, we will be ok. The gas prices are more pyschological than anything. Happy driving out there ! :D
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#2 skott

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Posted 30 April 2007 - 10:44 PM

major retrenchment in what? the price of gas or in the stock market?

#3 esther231

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Posted 30 April 2007 - 11:07 PM

<<The gas prices are more pyschological than anything. >> Only if your company pays for it. (You are soooo lucky!) For the rest of us, it's real enough.
When I see an adult on a bicycle, I no longer despair for the future of the human race. ~H.G. Wells

#4 Rogerdodger

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Posted 01 May 2007 - 12:19 AM

I bought $95 so far this week. It's only Monday. :blink:

#5 ed rader

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Posted 01 May 2007 - 12:45 AM

Gasoline prices are well above highs made back when oil was over $70 barrel. Oil now only $65. As we hit $ 4.00/gallon this year, I believe we will see a major retrenchment. Pirces have jumped 40% in just a few months.

This isn't getting the press it did last time around. XOM had another great quarter. And they didn't even blame it on retail gas.

We haven't even hit the summer driving season.

Fortunately my gas, etc are paid by my company. Now if I can only get my spouse to conserve, we will be ok.

The gas prices are more pyschological than anything.

Happy driving out there ! :D


if you are saying that gas prices are at an all time high no way. not in san jose.

ed rader

<<The gas prices are more pyschological than anything. >>

Only if your company pays for it. (You are soooo lucky!)

For the rest of us, it's real enough.


a few thousand dollars a years negates things like tax cuts. hardly psychological.

ed rader

Edited by ed rader, 01 May 2007 - 12:44 AM.


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#6 redfoliage2

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Posted 01 May 2007 - 01:23 AM

Gasoline prices are well above highs made back when oil was over $70 barrel. Oil now only $65. As we hit $ 4.00/gallon this year, I believe we will see a major retrenchment. Pirces have jumped 40% in just a few months.

This isn't getting the press it did last time around. XOM had another great quarter. And they didn't even blame it on retail gas.

We haven't even hit the summer driving season.

Fortunately my gas, etc are paid by my company. Now if I can only get my spouse to conserve, we will be ok.

The gas prices are more pyschological than anything.

Happy driving out there ! :D

Good thing is that it's not counted for inflation by the Fed. :lol:

#7 OEXCHAOS

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Posted 01 May 2007 - 07:19 AM

For me an extra $1/gal is roughly $300 a year (gotta love urban living!). That won't cover my monthly wine bill. But I feel sorry for the poor folks who have to commute 40 minutes each way. Those in the SUV's, however, can suck it up. Mark

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#8 PorkLoin

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Posted 01 May 2007 - 10:13 AM

Mark: For me an extra $1/gal is roughly $300 a year (gotta love urban living!).

That won't cover my monthly wine bill.


Monthly... Good God I hope not. :purebs:

#9 ed rader

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Posted 01 May 2007 - 10:41 AM

For me an extra $1/gal is roughly $300 a year (gotta love urban living!).

That won't cover my monthly wine bill.

But I feel sorry for the poor folks who have to commute 40 minutes each way. Those in the SUV's, however, can suck it up.

Mark



at one point it was touted that a $300 tax cut would jump start the economy :lol: ! i work out of the house but i still drive 14k miles a year. my wife has a short commute but she also drives about 14k miles a year.

plus i suspect we pay much more for gasoline than you.

because of the gas price we decided not to have kids and i almost quit drinking.

almost :lol: .

http://www.cbsnews.c...ain556620.shtml

ed rader

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#10 TechSkeptic

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Posted 01 May 2007 - 01:36 PM

For me an extra $1/gal is roughly $300 a year (gotta love urban living!).

That won't cover my monthly wine bill.

But I feel sorry for the poor folks who have to commute 40 minutes each way. Those in the SUV's, however, can suck it up.

Mark


I like that idea. Buy less gas and more wine. Mark, I gotta hand it to you, you sure know how to live...