Plan B Forum

I just heard on the news that the "National Average" for a price of regular unleaded has dropped seven cents in the last week to $3.70 a gallon....

Well that settles it....

We're moving to National Average; that sounds like a great town....

Here in The City That Used To Know How, we're still well north of 4 bucks a gallon (though it has come down some what from the $4.59 a gallon from a few weeks ago)

I filled up at $3.74 a gallon last night. If I had not been in a hurry earlier I could have got it for $3.68.

Sounds like a great incentive to utilize TCTUTKHBDTMDITSAF's mass transit system.

Yesterday filled up at $3.45, down 10 cents from last week and about 50 cents from the high point a few months ago.

bigskygal wrote:Sounds like a great incentive to utilize TCTUTKHBDTMDITSAF's mass transit system.

I wouldn't wish a ride on MUNI on my worst enemy.

Sue U wrote:Yesterday filled up at $3.45, down 10 cents from last week and about 50 cents from the high point a few months ago.

Jersey's gas is always about 40 to 50 cents cheaper.
Here on LI we are about $3.85.

We've finally broken though the 4 dollar barrier; $3.97...

Saw gas at $3.48 yesterday.

I paid $3.91 this morning, but it was at a small local station that is always higher and I was running on fumes, so only bought $20 worth. It looks like the average price here is closer to $3.80 again.

Here in western Pa. the average is $3.65. Down from almost $4.00.

I pulled into a gas station the other day because I saw that regular was 3.97 / gallon and everywhere else it was at least 10 cents more.

I inserted my credit card and pushed the 'regular' button.

Nothing came out.

They were out of regular.

I paid $3.83 yesterday.

we're down to the $3.60's

Keep it up! Higher!

http://mitsloanexperts.wordpress.com/20 ... economics/

"My colleagues and I found that a jump in the price of gas causes a significant change in the kinds of cars that consumers buy and the price they pay for them. A $1 increase in the gasoline price changes the market shares of the most and least fuel-efficient new cars by +20% and -24%, respectively. Changes in gasoline prices also change the relative prices of the most fuel-efficient cars and the least fuel-efficient cars. For new cars, the relative price increase for fuel-efficient cars is $363 for a $1 increase in gas prices; for used cars it is $2839. (For comparison: a $1 increase in gas prices alters the budget of the average household by about $50 a month.)"

...

" The run-up in the price of gas in recent years has been substantial enough to make top auto executives give up their historic opposition to gasoline price taxes: some have even suggested that Congress should ... create a $4 floor for retail gasoline prices.

Mike Jackson, CEO of AutoNation, the largest U.S. dealership chain, told the Wall Street Journal: “We need more expensive gasoline to change consumer behavior. Otherwise, Americans will continue to favor big vehicles, no matter what kind of fuel-economy standards the government imposes on automakers.”

Average where I work is about $3.61 a gallon, though one station on the Taunton-Raynham (Massachusetts) line is $3.499 for cash.

I saw gas in Georgia for $3.379 a couple weeks ago.

Rube is, as per usual, a dipshit.

Lower energy costs are of course good news for everyone, but most particularly for the lowest income citizens, who are always hit the hardest by these gasoline price spikes. Working poor and low income people who rely on their car to get work are badly hurt directly, and all lower income people, whether they drive or not, are of course the ones most damaged by the secondary effects of sharp fuel cost increases, especially the impact on the cost of food. (Anyone one who's been to a grocery store lately can certainly attest to this.) High energy costs also hit small businesses hard, making the them far less likely to hire new people; so another one of the biggest losers from high energy prices are the unemployed.

The only one's I can imagine who would be happy about high gas prices might be some really hardcore Obama haters who are willing to see the economy wrecked to have him defeated; since these costs have been the primary factor in pushing the economy towards a double dip recession, and that would pretty much assure his defeat.

As I said; "bed wetting liberal".

Well you know me Strop, "Lord Jim, Champion Of The Downtrodden"....

LOL!!

Lord Jim wrote:Well you know me Strop, "Lord Jim, Champion Of The Downtrodden"....

You mean, you trickle down on them for the economic good?