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How much did you pay for gas today?

Discussion in 'Anything goes' started by G-Spot, Sep 7, 2006.

  1. StaggerLee

    StaggerLee Well-Known Member

    Yeah, to $.26 a mile.

    Woo-hoo. I was rolling in the dough that week.

    Most ironic (not sure if that's even the right word) thing is that this Sunday, in our biz section, we ran a wire story on companies "short-changing" their employees by not offering anywhere near the national or state minimum.
     
  2. Buck

    Buck Well-Known Member

    Gannett's mileage policy is a joke.
     
  3. Grimace

    Grimace Guest

    Nothing a couple of imaginary trips won't cure. My editor didn't even read our mileage reports. Just signed them. It was a wink-wink kind of thing. Nice.
     
  4. spnited

    spnited Active Member

    $1.93 and heading lower.
     
  5. Bubbler

    Bubbler Well-Known Member

    Buh, buh, but Ragu said it would be at $200-a-barrel by the end of the year.
     
  6. JayFarrar

    JayFarrar Well-Known Member

    gasbuddy.com reports that gas in my hood has now dropped to $1.69.
    At this rate, it will be under a dollar by December.
     
  7. KevinmH9

    KevinmH9 Active Member

    Half joking, I was asking a friend of mine if gas could realistically drop below $1.00 at some point.
     
  8. schiezainc

    schiezainc Well-Known Member

    If gas drops to under $1, I'm driving from my house (in Rhode Island) to California for a cheeseburger and fries.
     
  9. Mizzougrad96

    Mizzougrad96 Active Member

    It's under $2 here for the first time in God knows when.
     
  10. KevinmH9

    KevinmH9 Active Member

    I'd be there right along with you on that. I've been meaning to plan a trip across the country for years.
     
  11. The Big Ragu

    The Big Ragu Moderator Staff Member

    That is ridiculous. The price of oil is going to rise as a long-term proposition. As long as demand is soaring and supply is limited, the price was going to rise. I didn't predict a meltdown of the financial markets to the extent we have seen. So demand isn't soaring. That is coming at the price of what is going to be nasty unemployment and greatly reduced purchasing power and an economic malaise that could last a while.

    If we sustain a prolonged, nasty recession/depression, the price of oil won't rise to high levels immediately. When the economy grinds to a standstill, energy demands dip off. When the economy picks up, we will pick up right where we were in early 2007. If worldwide demand for oil is high and skyrocketing, and supply can't meet that soaring demand, the price is going to keep rising. You'll see $200, unless we find an alternate energy source to replace oil. You'll see prices higher than $200. I never put a time frame on that without all kinds of caveats. It will happen. When it happens depends on a bunch of other factors that influence the world economy.

    Buh buh buh, make sense?
     
  12. Ben_Hecht

    Ben_Hecht Active Member

    All I know is I'm grateful for the reprieve, and know I'm not alone.

    All we need now is frigging Waxman (largely a good representative, excepting this issue), shilling for some huge increase in the Federal
    gasoline tax.

    Why don't you just put a howitzer into the mouth of the middle class, and pull the triggger?
     
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