kudos383
wva
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Joined: 08/13/2006
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looks like the oil bubble is about to burst!!!!ha ha
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winkyb
Florida
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kudos383 wrote:looks like the oil bubble is about to burst!!!!ha ha
Maybe and maybe in six months gas will drop a few cents.But now the states are all ready poor mouthing of how they need to raise the gas tax as people are buying less gas.
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bid_time
Michigan
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Joined: 08/18/2006
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winkyb wrote:kudos383 wrote:looks like the oil bubble is about to burst!!!!ha ha
Maybe and maybe in six months gas will drop a few cents.But now the states are all ready poor mouthing of how they need to raise the gas tax as people are buying less gas.
I for one hope they do. Maybe it will get a few roads fixed around here and encourage people to continually look for ways to cut down on the amount of oil they are using.
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slowlane
Millersville, MD
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macira wrote:.... things are are worth what they cost to produce plus a reasonable profit. ...... "Charge what you can get" is surely not "supply and demand". It amounts to robbery.
1. What any thing is "worth" is what a buyer is willing to pay for it in the absence of fraud or coercion. The notion that the economic value of something is a function of its production cost is Marxist nonsense.
2. Everyone with something to sell will charge what they can get unless they are making gifts. Would you sell your used vehicle or boat or house to a stranger for less than you could get? Let me know when you are selling something.
Class is dismissed.
07 Rev 40E
Happily and guiltlessly maximizing my carbon footprint
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slowlane
Millersville, MD
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Interesting statistic from Investors Business Daily: "...since June of 2001, oil has risen 160% in euros versus 376% in dollars."
Which should give a clue as to how much of our price pain is due to the weakened dollar. Which is mainly due to the Fed inflating the money supply (i.e., legalized counterfeiting) to provide all the billions the politicians in DC have been throwing at every imaginable problem and non-problem the last several years.
Yeah, supply and demand affect the value of money also.
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coolbreeze01
Redding, Ca
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Joined: 08/24/2006
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Sorry if this is a repeat, but just saw where a 10cent a gallon raise on Federal fuel tax is being considered. Peachy ![[emoticon]](http://www.coastresorts.com/sharedcontent/cfb/images/mad.gif "mad")
2008 Ram 3500 With a Really Strong Tractor Motor...........
LB, SRW, 4X4, 6-Speed Auto, 3.73, Prodigy P3, Blue Ox Sway Pro........
2014 Sandsport 26FBSL
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ORbiker
Springfield, Oregon
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coolbreeze01 wrote:Sorry if this is a repeat, but just saw where a 10cent a gallon raise on Federal fuel tax is being considered. Peachy
It is bound to happen. The states will be doing it next.
If less gas is purchased, then less TAX is collected.
Backpacker and tent camper all my life. Motorcycle trips with a tent too 1978 to Present. 2016 Grand Design 380TH as of 10-29-2015. Now a New 2018 374TH-R Solitude as of 3-16-19. 10-19-18-traded truck for a 2016 Ram 3500 DRW Laramie Crew Cab 4x4 Long Box.
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lwmuddy
So.carolina
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Some interview on an (Alleged) news report yesterday said that, there will be a 50 cent drop in the price of gasoline at the pump in 2 months and the barrel price will be dropping to between $60 and $80.
I think it was the "Headline News Chanel", dubius at best.
As for the drill now-drill here-drill what ever, even if we were to start suppling our own oil tomorrow, the prices would stay just about the same. They would find a good reason for it.
I want to thank the Moderators for giving us this thread. It really relieves the pressure better then Exlax in a Mexican resturant.
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winkyb
Florida
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ORbiker wrote:coolbreeze01 wrote:Sorry if this is a repeat, but just saw where a 10cent a gallon raise on Federal fuel tax is being considered. Peachy
It is bound to happen. The states will be doing it next.
If less gas is purchased, then less TAX is collected.
After while we won`t need as big of roads.I know up north people are not going to ride them during the winter.But last mounth a scooter store here sold over 200 in the last 60 days and we must have at least 6 to 9 stores selling them.The 50 cc and under run 40 to 45 MPH and get from 80 to 110 miles per gallon and you don`t need a license for it like a motor cycle here.We all ready had more than most cites just being a beach town.But they have turned from a toy to ride to transportation for a lot of people.
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RV-1/2n-FUN
FL.
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Joined: 03/30/2003
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lwmuddy wrote:Some interview on an (Alleged) news report yesterday said that, there will be a 50 cent drop in the price of gasoline at the pump in 2 months and the barrel price will be dropping to between $60 and $80.
I think it was the "Headline News Chanel", dubius at best.
As for the drill now-drill here-drill what ever, even if we were to start suppling our own oil tomorrow, the prices would stay just about the same. They would find a good reason for it.
I want to thank the Moderators for giving us this thread. It really relieves the pressure better then Exlax in a Mexican resturant.
Murphy station at WM has gone down 9 cents since Thursday. But wait, there's a storm beginning to brew that should be heading into the Gulf.
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