So gas just hit $3.99 a gallon here.....

Discussion in 'The Bench' started by Topcat, Aug 15, 2023.

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  1. Roberta

    Roberta Buick Berta

    It was $3.99 last week, now $3.89 big deal! Been taking the expressway to my appt 2 days a week, cause my road is closed for bridge replacement. Got 320 miles out of the '98 Riv which is almost unheard of around town got 25 MPG, might be a new plan saves some time and $. interesting concept! Now today took GSX out, maybe went 40 miles and it's down half a tank! and I'll have to see what REC fuel is before Saturday and rob the piggy bank! lol!
     
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  2. Max Damage

    Max Damage I'm working on it!

    The writing is on the wall, and no matter which "business friendly" party is elected that isn't changing.

    No one can make coal clean or change the global warming science. No matter how much lying they do.
     
  3. Fox's Den

    Fox's Den 355Xrs

    one extra cost today is the service charge you get just to have nat gas hooked up in the first place, same thing is done with the electric now and both of those used to come as a postcard, go to bank and pay it now it is 3 pieces of paper. paper not cheap
    .so going from 4%tax rate on goods to 7.25% is not an increase?

    either way you look at it the gas is too damn high because we need to change our lives and we are not.
    gas is not 3.49 that is regular we have to buy premium no ifs and butts about it and it was a good 4.50$ a gal
     
  4. oldrocka

    oldrocka John

    Those New Zealand prices you quoted are incorrect, we have 91 octane that you showed, 95 octane, and 98 octane which is what I use and it is $3.45, more expensive in other locations around the country. This equates to close to $8.00 USD a gallon.
     
  5. Nailhead in a 1967

    Nailhead in a 1967 Kell-Mnown Wember

    Somewhere in the 7 US$ range is still cheap.
    Next time use US$ to give people an idea about the prices [​IMG]
     
  6. 72STAGE1

    72STAGE1 STAGE 1 & 2

    This is how they like to deceive us, cherry-picking data, just yesterday our leader brags about Inflation is at 2.3%, but they fail to tell you that’s month to month, when you look at the official USGov. Inflation rate during his tenure it gives the stark reality. Fuel prices play a huge role in everything you buy.

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  7. Houndogforever

    Houndogforever Silver Level contributor

    That isn't true.
    https://www.investors.com/news/economy/cpi-inflation-rate-rise-in-july-federal-reserve-policy/

    July consumer prices rose 0.2% vs. the prior month. Core CPI, which excludes food and energy, climbed 0.2% from June. Both matched Wall Street forecasts.

    The 2.3% is ANNUALIZED inflation rate. Not from one month to the next.
     
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  8. bw1339

    bw1339 Well-Known Member

    Among other things, official inflation numbers don't include housing, energy or food (what's left???)

    I challenge people to go to any store and a find a good that has only gone up by that amount during that period.

    This has been going on for a very long time, but the impoverishing of most Americans has sped up exponentially in the last three years.
     
    Last edited: Aug 17, 2023
  9. Mart

    Mart Gold level member

    Exactly. Even the dollar stores have gone up 25%.
     
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  10. 72STAGE1

    72STAGE1 STAGE 1 & 2


    The point is they “adjust” it month to month, when they should use year over year comparisons then it paints a clear picture, anything else is hogwash. Basic math would show last year it devalued your dollar 10% last year and so far another 3% so far this year. Since 2000 it’s a whopping 78% inflation. Not a Rosie picture.
     
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  11. oldrocka

    oldrocka John

    How about you just read my post properly next time instead of trying to rubbish me and be a smart @$$
     
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  12. Houndogforever

    Houndogforever Silver Level contributor

    https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=1,000.00&year1=200001&year2=202001

    Using the online inflation calculator, I took twenty year segments and compare them below. The calculation starts on Jan 1950 and ends jan 1970.
    Starting amount is $1000 for all calculations.

    1950 to 1970 $1608.51
    1960 to 1980 $2655.29.
    1970 to 1990 $3370.37
    1980 to 2000 $2,169.67
    1990 to 2010 $1,700.84
    2000 to 2020 $1,528.26

    Baseds on these calculations, we are well BELOW average for the last 30 years.
    Even just looking at the Biden administration, Jan 2020 to June 2023 is $1,182.73 which isn't good, however the pandemic shook the whole snow globe of life and it's taking time to settle down.
     
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  13. gun-G

    gun-G Well-Known Member

    Thee way inflation is measured keeps getting redefined. If current day inflation was measured like it was in 1960 the difference would be starkly eye-opening.
     
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  14. bw1339

    bw1339 Well-Known Member

    Same with unemployment.
     
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  15. BUICKRAT

    BUICKRAT Got any treats?

    yes. They have taken the cost of food, fuel, heating oil and gas, and electricity out of the equation to make the numbers look better, yet those are the things that affect us most.
     
  16. 72STAGE1

    72STAGE1 STAGE 1 & 2

    The art of deflection and deception.
     
  17. LARRY70GS

    LARRY70GS a.k.a. "THE WIZARD" Staff Member

    Saw 3.63 for regular this morning.
     
  18. Brian Albrecht

    Brian Albrecht Classic Reflections

    I know there's a lot of dragstrips closing and the reasons are many, but the biggest factor has to be affordability. The middle class is being priced out. Private bug smasher aircraft were "first" things to go. They had some of other perifials like land use, noise, insurance / liabilities in common with drag racing.
     
  19. TORQUED455

    TORQUED455 Well-Known Member

    "Liars figure and figures lie" comes to mind.
     
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  20. John Codman

    John Codman Platinum Level Contributor

    Another "America is going to hell in a handbasket" thread. Woodja rather live in a different country? I wouldn't. I was listening to the same sad song in 1960.
     
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