Gas prices about to raiseFollow

Damn it! West Michigan is exactly where I am going.

Now to figure out how to fit a 20 Gallon Gas barrel in the trunk of my Grand Am.

My own quickie calculations have me paying ~$1,000 more this year in gas than I did last year*. That's not counting the increased cost of heat this winter.

An extra $1,000 is about a mortgage payment. I can soak it and I don't see a real "fix" for it, but it's not an insignificant amount of money.

*Averaging $1.60/gal last year and $3.00/gal this year assuming prices rise to $4.00/gal as predicted

Edited, Wed Aug 31 12:45:24 2005 by Jophiel

I'm with you on that one. I ended up reading a whole lot on "Peak Oil" last year too.

I do not get the point of that. We are just talking Gas prices here. Lets say Food goes up about $10,000 from last decade. Your Automobile about $12,000, clothing $6,000, taxes $8,000, Rent/House Payment $14,000. So with gas going up the way it has plus all these other things you are looking at a $53,600 increase over last decade.

I know those prices are proably off, but you get my point. We are just talking about the Gas you put in your car, not the vechile itself or even the insurance and taxes on it. Also Gas increase causes EVERYTHING else to increase because all companies transport thier products.

Maybe living on campus this year would be a better idea than driving over 125 kms a day...

My point being that instead of rising in a smooth curve like everything else Gas just spiked at the end. It's the same change we should have seen over the past few decades only it happened all at once. Gas has not been keeping with the rate of inflation and all of a sudden in the last year or so it caught up.

This isn't an unwarrented spike its just late.

I see your point, however, everything else he buys IS more expensive than 10 years ago, including gas. I'm just saying that I don't think it's safe to assume that MOST people are make $4,000 more, including the rising cost of standard of living, adding kids, etc..., than they did 9 years ago.

Some of us, definatley...most, I don't think we've got enough info to say that MOST people are that much better off.

No not really we just slam you with a 25% increase, you know it rolls down hill :)

Well time to sit back and watch because a gas spike will spike everything else we buy. Plan on anything you want or desire to get it now because everything is going to spike.

Companies don't lose money by paying more for gas. They cut employees and jack up the prices of thier products. Us as the citizens are the ones who lose.

As if our economy was not bad enough as it is already, now it is going to get worse...

Gas & oil prices I understand, because I am a relatively inelligent individual.

What really boggles my mind is how retards like you can sit back and call an economy that continues to add jobs and outpace inflation (which is minimal at worst) "bad enough already". The 90's were an abaration, get over it. We have a strong economy that moves forward dispite, not because of, all of you f'ucking morons who wouldn't know which end of economic theory was up if the *** end was planted on your nose.

I would like to think that I am not as much agreeing with Moe but more disagreeing with Proroc.

But yeah Moe's right.

(aww snap I agreed with him)