Gas is now under $3

129,780 Views | 1629 Replies | Last: 1 min ago by Dan Scott
BigRobSA
How long do you want to ignore this user?
Grapesoda2525 said:

Conservatives have uniformly embraced the higher gas prices as a sign of patriotism and a way to drain libs wallets at the same time.

It's a win win

Not conservatives, just either "MAGA" sycophants who would stand with Trump if he claimed 2+2 = yellow or people so out of touch with reality of the hoi paloi and their/our struggles.
T dizl televizl
How long do you want to ignore this user?
AG
Grapesoda2525 said:

Dan Scott said:

Everybody making a joke about feeling patriotic but it's really a good example of how the common man always gets screwed because they are at the end of the economic chain.

The common man always gets stuck with the bill. A war adds $1,000 to his annual gasoline costs, while those at the top report record profits. Every business passes its higher costs down the chain until they reach the one person who can't pass them along: the consumer. He absorbs the increase, watches his purchasing power shrink, and is told it's a necessary sacrifice. Funny how the sacrifice is always shared, but the profits never are.


The corporations and businesses can pass on the cost to consumers because it's anonymous and it's easy.

Nobody notices the price increase until it happens and by then it's too late. You and your neighbor have no way of banding together to boycott the big bad corporation from screwing you. You can say you're not buying hamburger meat anymore, but it doesn't matter because the Smith family down the street is still buying beef and willing to pay the increase.




This is an incredibly over-simplistic view of how price increases work. You don't think the consumer has any power to effect how much of a product gets bought? Sure companies can pass price hikes on but at some point demand destruction begins. And when demand goes down prices tend to follow.
dmart90
How long do you want to ignore this user?
AG
Paid $5.15 per gallon for 87 octane in eastern Idaho today.
Eliminatus
How long do you want to ignore this user?
AG
T dizl televizl said:

Grapesoda2525 said:

Dan Scott said:

Everybody making a joke about feeling patriotic but it's really a good example of how the common man always gets screwed because they are at the end of the economic chain.

The common man always gets stuck with the bill. A war adds $1,000 to his annual gasoline costs, while those at the top report record profits. Every business passes its higher costs down the chain until they reach the one person who can't pass them along: the consumer. He absorbs the increase, watches his purchasing power shrink, and is told it's a necessary sacrifice. Funny how the sacrifice is always shared, but the profits never are.


The corporations and businesses can pass on the cost to consumers because it's anonymous and it's easy.

Nobody notices the price increase until it happens and by then it's too late. You and your neighbor have no way of banding together to boycott the big bad corporation from screwing you. You can say you're not buying hamburger meat anymore, but it doesn't matter because the Smith family down the street is still buying beef and willing to pay the increase.




This is an incredibly over-simplistic view of how price increases work. You don't think the consumer has any power to effect how much of a product gets bought? Sure companies can pass price hikes on but at some point demand destruction begins. And when demand goes down prices tend to follow.



Nvm. Misread what you were replying to
Old McDonald
How long do you want to ignore this user?
nortex97 said:

Trump was very/uncharacteristically explicit on this, with respect to diesel. I wonder if specific refineries/infrastructure was discussed.


more scapegoating and accountability dodging from trump for his ****ups. we've seen this a million times.
AggieVictor10
How long do you want to ignore this user?
AG
National average of $4.31/gallon, per AAA. Hopefully it's at least under $3 in Texas.
“…What?”

- Joe Biden
1939
How long do you want to ignore this user?
AG
It far from the only reason diesel is so high but to act like it's not a factor is just you being you.
Grapesoda2525
How long do you want to ignore this user?
Old McDonald said:

nortex97 said:

Trump was very/uncharacteristically explicit on this, with respect to diesel. I wonder if specific refineries/infrastructure was discussed.


more scapegoating and accountability dodging from trump for his ****ups. we've seen this a million times.


I thought blaming russia / Ukraine was off the table like it was 4 years ago during the Biden administration.

Funny how things change I guess.
AGHouston11
How long do you want to ignore this user?
AG
Old McDonald said:

nortex97 said:

Trump was very/uncharacteristically explicit on this, with respect to diesel. I wonder if specific refineries/infrastructure was discussed.


more scapegoating and accountability dodging from trump for his ****ups. we've seen this a million times.


The solution would be for Trump to end the Ukraine war. It was probably one of the most stated things he said he would do on DAY ONE! Finding an end the other war he started would be a solution too.
CascadiaAg
How long do you want to ignore this user?
My Costco:

Regular up to $5.55
Diesl $6.99

At. freakin. Costco.
TAMUallen
How long do you want to ignore this user?
AG
CascadiaAg said:

My Costco:

Regular up to $5.55
Diesl $6.99

At. freakin. Costco.


3.59 in normal USA at. freaking. Costco.
docb
How long do you want to ignore this user?
AG
CascadiaAg said:

My Costco:

Regular up to $5.55
Diesl $6.99

At. freakin. Costco.

Man that sucks. I am thinking we are going to tip over the $6 amount for diesel in Texas before this gets any better.
Queso1
How long do you want to ignore this user?
AG
If this isn't resolved soon it will likely go beyond that and into significant economic and human effects. I don't think it can be resolved now anytime soon. This was an unforced error. We can argue all day over why Trump did this, but it is going to have serious consequences.

What's kind of funny is this thread started out as one thing and had morphed into a daily reminder of this disaster.
AGHouston11
How long do you want to ignore this user?
AG
Queso1 said:

If this isn't resolved soon it will likely go beyond that and into significant economic and human effects. I don't think it can be resolved now anytime soon. This was an unforced error. We can argue all day over why Trump did this, but it is going to have serious consequences.

What's kind of funny is this thread started out as one thing and had morphed into a daily reminder of this disaster.


If it was resolved today it would be still a long time before all the negative affects already created to improve.
Vestal_Flame
How long do you want to ignore this user?
AG
My interest in the diesel price has been driven by the fact that diesel exhibits less elasticity of demand relative to price. If the gasoline price rises, I can cancel my driving vacation to Yellowstone. The truck driver who delivers my strawberries is not going to cancel the delivery of my strawberries. He is going to charge more for my strawberries.
Dan Scott
How long do you want to ignore this user?
AG
fc2112
How long do you want to ignore this user?
We should just claim victory, drop the blockade and walk away from Iran. Iran wants peace too, can claim victory as well, and go back to how it was before the war.

Gas prices would drop $0.50 a gallon overnight.
AustinAg2K
How long do you want to ignore this user?
fc2112 said:

We should just claim victory, drop the blockade and walk away from Iran. Iran wants peace too, can claim victory as well, and go back to how it was before the war.

Gas prices would drop $0.50 a gallon overnight.


It would not go back. Iran will charge people going through the straight.
Dobro Turtlebane
How long do you want to ignore this user?
Vestal_Flame said:

My interest in the diesel price has been driven by the fact that diesel exhibits less elasticity of demand relative to price. If the gasoline price rises, I can cancel my driving vacation to Yellowstone. The truck driver who delivers my strawberries is not going to cancel the delivery of my strawberries. He is going to charge more for my strawberries.


Good thing we aren't in the start of the corn harvest season. We wouldn't want the cost of $6 diesel to trickle down into fed beef, dog food, ethanol, biodegradable plastics, fracking fluid, antiobiotics, batteries, etc
No Spin Ag
How long do you want to ignore this user?
Dan Scott said:




All signs point to that not being a good thing.

Another not good thing in a growing list of not good things since Trump attacked Iran.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
twelve12twelve
How long do you want to ignore this user?
RangerRick9211
How long do you want to ignore this user?
AG
[Stop derailing this thread and do not repost material that we remove -- Staff]
HTownAg98
How long do you want to ignore this user?
Dobro Turtlebane said:

Vestal_Flame said:

My interest in the diesel price has been driven by the fact that diesel exhibits less elasticity of demand relative to price. If the gasoline price rises, I can cancel my driving vacation to Yellowstone. The truck driver who delivers my strawberries is not going to cancel the delivery of my strawberries. He is going to charge more for my strawberries.


Good thing we aren't in the start of the corn harvest season. We wouldn't want the cost of $6 diesel to trickle down into fed beef, dog food, ethanol, biodegradable plastics, fracking fluid, antiobiotics, batteries, etc

There is corn still standing in the fields in central and south Texas because there's no bin space for it. Crop that should have been picked by August 15 is still in the fields.
Vestal_Flame
How long do you want to ignore this user?
AG
Trump: Should I attack Iran?
Oracle at Delphi: If you attack Iran, you will topple an entrenched regime.

One wonders whether Trump read Herodotus.
Dan Scott
How long do you want to ignore this user?
AG
It's being considered.

Ag87H2O
How long do you want to ignore this user?
AG
Vestal_Flame said:

My interest in the diesel price has been driven by the fact that diesel exhibits less elasticity of demand relative to price. If the gasoline price rises, I can cancel my driving vacation to Yellowstone. The truck driver who delivers my strawberries is not going to cancel the delivery of my strawberries. He is going to charge more for my strawberries.

Spot on. If they don't get this one fixed quickly, it will affect the price of virtually every product on the market and have a significant negative impact to the economy. Businesses small and large will not be able or willing to absorb this higher cost for long.
"Well, doctor, what have we got, a republic or a monarchy?" "A republic, if you can keep it" - Benjamin Franklin
Charpie
How long do you want to ignore this user?
AG
Charpie
How long do you want to ignore this user?
AG
Queso1
How long do you want to ignore this user?
AG
Awesome! Sacrifice only counts if it hurts. If this is what it takes to win someone else's war, so be it.
nortex97
How long do you want to ignore this user?
AG
Charpie said:



Highly unlikely to be accurate. First, they don't actually even have a navy, and second, it's a very compact area and would definitely be seen. The report to the Germans was that they mined the area along the waterway.

Second, shipping traffic continues through the strait, and finally the Yemeni gov't seems to have a motive to get others involved vs. the Houthi's.
BigRobSA
How long do you want to ignore this user?
We spend as much as, or more than, the next 17 countries for our military. How in the blue **** are "Houthis".... or anybody....still able to wreck shop!?

Why haven't we actually "decimated" them, their families, their friends, and whomever else we need to?
Charpie
How long do you want to ignore this user?
AG
Husband just gassed up at Kroger. They have a 35 gallon limit on gas now
Rapier108
How long do you want to ignore this user?
Charpie said:

Husband just gassed up at Kroger. They have a 35 gallon limit on gas now

Gotta stop people who will panic buy and trying to fill up large containers.
Rapier108
How long do you want to ignore this user?
BigRobSA said:

We spend as much as, or more than, the next 17 countries for our military. How in the blue **** are "Houthis".... or anybody....still able to wreck shop!?

Why haven't we actually "decimated" them, their families, their friends, and whomever else we need to?

Because we don't have the balls to do what is actually necessary.

The last time this country did what was necessary to win, we turned almost every major enemy city into a wasteland, and the last two to be destroyed were wiped out in an instant flash.
Queso1
How long do you want to ignore this user?
AG
A huge difference is that we didn't start that war.
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.