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Originally posted by bigMoneyRacing: Originally posted by zgendron: I'm with you! This is not a big news story, and people are making WAY to big of a deal out of this. Is it going to affect some people. Sure, and Nick, you're one of the unfortunate, and it sucks. But in the grand scheme of things, this is NOTHING!
I'll take my area (Eastern MA) as an example. In the last month gas prices have shot up about $0.25/gallon.
They were roughly $1.75, and now up to about $2
Comeon people, lets go back to some simple math!
First, some assumptions
Annual Milage: 20,000 miles.
Ave MPG: 20 miles/gallon
So how much do you spend annually on gas?
20,000/20 = 1000 gallons/year * $0.25 = $250/year or $20/ month increase.
Now let me give you an idea of where you can get this money back. Again, some assumptions first
# of work days/year = (52 *5) = 260 (give or take)
Average Cup of Coffee = $2 (and thats none of these special coffees)
Annual cost of daily cup of coffee = 2 * 260 = $520/year, or $43/month!
Amazing how no one has complained about the coffee prices lately! Hell, even if you only have a cup of coffee every other workday, you've paid for the SMALL increase in gas prices.
Take a look at gas prices across the world, and you'll find that we've got the cheapest prices around! Stop your whining, suck it up, and start conserving or ride a bike!
This argument assumes that people still have excess cashflow in their budgets. Over the last couple of years, and especially for families, budgets are already as tight as they'll go. The people sweating $30-$50/month more in gas expenditures don't buy $2 coffee. These folks can't cut much more without sacrificing necessities for their family. Why can't people figure this out?
You are incorrect. The son is wearing $100 tennis shoes and the daughter is dressed down with the lastest gear form A&F. I can see why the budget is tight. Why can't you figure that out?
Last edited by Antonio; 05/20/04 04:39 PM.
Now I hate America? That is a new one to me.
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Joined: Oct 2000
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Originally posted by zgendron: Also, you don't exactly see the Coffee Industry suffering, do you? Someone's buying coffer
And it's most likely the d!ck driving in front of you, solo, in his H2 weaving around while he's on his cell phone, driving at 15mph over the limit or 15mph below.
1998 SVT Contour Silver Frost for sale in Classifieds.
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Joined: Jun 2001
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Veteran CEG\'er
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Originally posted by zgendron: I'll take my area (Eastern MA) as an example. In the last month gas prices have shot up about $0.25/gallon.
They were roughly $1.75, and now up to about $2
That means 14% inflation in ONE month. On annual rate it would be 171%.
Let's not even mention that just short 6 years ago I paid $1 per gallon.
98.5 Contour SVT
"Too many OB/GYNs aren't able to practice their love with women all across this country"
--US President George W Bush
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Got you beat here in DFW.
4 weeks ago I paid $1.59/gallon.
2 Days ago I paid $1.99/gallon.
That's a 25% increase in 30 days.
Will it break me? Not even close, and I won't change my habits one bit. And most people can probably adjust to it. But that's a mighty quick adjustment for some. You go into the month thinking you've got a $200/month bill that turns out to be $250. That ain't chump change to a lot of people.
The feeling that it's only going to get worse isn't helping matters. At that rate, gas will be $2.50/gallon before the end of June. That means if your gas budget was $200/month in April it will be $375 for the month of July.
2003 Mazda6s 3.0L MTX
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I think what should be more important to the average person is the rising cost of everything in our lives as a whole, while wages are staying steady. The rise in gas prices, while it affects us, hurts the trucking/shipping/airline/train industry more. They aren't going to eat the cost of higher gas prices, they pass it on to the business that they are transporting for, who passes it onto the consumer. On a story about American Airlines yesterday on FoxNews, the head of American said that for every $1 a barrel increase in oil prices, they have $1billion higher operating expenses. Obviously they are using a whole lot of fuel, but the same logic transfers right over to the trucking/shipping/train industries too.
"Moore has also accused the American people of being the stupidest, most naive people on the face of the Earth. And after last weekend, he's got the box office numbers to prove it!"
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Quote:
They aren't going to eat the cost of higher gas prices, they pass it on to the business that they are transporting for, who passes it onto the consumer. On a story about American Airlines yesterday on FoxNews, the head of American said that for every $1 a barrel increase in oil prices, they have $1billion higher operating expenses. Obviously they are using a whole lot of fuel, but the same logic transfers right over to the trucking/shipping/train industries too.
I work in the rail industry, and for every cent in increase in fuel, our operating costs increase $18 million dollars.
Granted, we pay considerably less than retail prices. In fact if I told you the wholesale price of our refined diesel fuel you'd probably [censored] your pants. Of course you get a pretty good discount when you're secondin the world only to the US Navy in fuel consumption.
We're still on track for a record year though, thanks for lots of overseas production movement. If only we could stop derailing so damn many trains this year.
2003 Mazda6s 3.0L MTX
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2004 Mazda3s 2.3L ATX
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Originally posted by sigma:
I work in the rail industry, and for every cent in increase in fuel, our operating costs increase $18 million dollars.
Granted, we pay considerably less than retail prices. In fact if I told you the wholesale price of our refined diesel fuel you'd probably [censored] your pants. Of course you get a pretty good discount when you're secondin the world only to the US Navy in fuel consumption.
Wow, I really never would have guessed it was THAT large an increase. How much a gallon do you guys pay?
Oh, BTW, the way you and I post, I was thinking you were unemployed like I am
"Moore has also accused the American people of being the stupidest, most naive people on the face of the Earth. And after last weekend, he's got the box office numbers to prove it!"
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Originally posted by sigma: Quote:
They aren't going to eat the cost of higher gas prices, they pass it on to the business that they are transporting for, who passes it onto the consumer. On a story about American Airlines yesterday on FoxNews, the head of American said that for every $1 a barrel increase in oil prices, they have $1billion higher operating expenses. Obviously they are using a whole lot of fuel, but the same logic transfers right over to the trucking/shipping/train industries too.
I work in the rail industry, and for every cent in increase in fuel, our operating costs increase $18 million dollars.
Granted, we pay considerably less than retail prices. In fact if I told you the wholesale price of our refined diesel fuel you'd probably [censored] your pants. Of course you get a pretty good discount when you're secondin the world only to the US Navy in fuel consumption.
There's another problem... the corporations that use the most gas, and therefore are the biggest influencers in driving the price up, pay the least, shoving the burden onto consumers.
Diesel owns you
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Originally posted by mbSVT: There's another problem... the corporations that use the most gas, and therefore are the biggest influencers in driving the price up, pay the least, shoving the burden onto consumers.
Holy $hit!!! You mean a company is tryiing to make a profit!??!! Say it ain't so!!!!!
"Moore has also accused the American people of being the stupidest, most naive people on the face of the Earth. And after last weekend, he's got the box office numbers to prove it!"
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Just to make everyone feel a little better, prices in Europe are rising as well. Granted, not at this pace, but rising nonetheless. Currently in my hometown, gas is at $4.22 per gallon. Yeap, gas prices are high, but we'll just have to get used to them. I can forsee a $2 per gallon national average from here on out to forever. It's not hurting me much, but if it goes to $3, I'll no doubt be feeling it noticeably. I blame China and India!  -J
'98 4Runner
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