Everyone doing OK "absorbing the gas prices"? (companies, rating, party)
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Suburbs are already becoming ghettos. Been happening for 2 decades. Nothing new here.
Non-sense the burbs are still growig and the urban devlopemnt relying o federal funding is drying up. The urban areas will need to tighten their belts even further i coming deacdes. Burbs will continue to grow and those in them will just adjust utilk fianlly the trnsformatio to where they are is complete that has been happening for decades. The song has been chage to how you goig to keep them i the cuty now that the jobs are gone from early 20th century.
I could have sworn I saw a blurb on my local TV news a week or two and Obama saying that American's will just have to "absorb" the costs of gasoline into their already tight budgets. Does anyone have a link to this quote? Anyway...we are headed to a breaking point. Obviously we haven't reached that point just yet.
Say "bye-bye" to that vacation we were going to take this year.
Hitting much harder isn't the price of gas you put in your tank but everything else you purchase. You think maybe those tractors in the field run by windmill power?
I agree that there are other costs associated with high fuel prices. Delivery systems mostly. This spike in price is not going away. China and India are bidding up prices and it's not going to get better. If you believe in the power of the free market to adjust to conditions then you gotta believe that the free market will provide solutions to the problem. No amount of regulation by Obama is ever going to bring gas prices down. If we drilled every well possible, that still wouldn't solve the problem. The problem isn't Obama, it's world demand and a good republican mantra is that free enterprise, unregulated will find a solution.
That sounds like something Greenspan said in 1998 when Brooksley Born tried to regulate derivatives. He said we should not regulate derivatives because if they do get to risky, or there is fraud involved, the free market will take care of it. How did that work out?
Is that sort of like, everything works out in the end kind of thinking?
Like, if we do have a WW3 involving nukes, we can just say, it will all work out in the end even if only 1/10 of the population is left.
I had to buy gas today.. Instead of getting the normal free gas, I had to pay $.599 for a gallon.. I bought 30 gallons.. Can someone loan me some money.. haha..
I reality its just a return to reality and we have no choice but to adjust.People just like last time will adjust what they spend on.Its not just what you buy but that people will be less in stores shopping because itcost more eventually.To tell you the truth I never really returned to the pre-embargo level of vehicle usage after the 70's even.As far as deamnd the US really isn't the growing market that causes that incrases any more with growth in emerging countries.
Our cars both get great gas mileage and until now, we were quite a bit under our fuel budget so we will just be using a bit of the reserve up. I am really hoping that the fuel prices increasing encourage some people to stop driving. I would love to avoid traffic. I am still surprised how many big, gas guzzling vehicles I see on the roads (minus 18 wheelers as they are depended upon for shipments, etc.) that probably get no more than 15 mpg.
But, this is the time of year that both of us travel a lot for work so our cars will be sitting around most of the time. I guess I am not worried about it as much.
Location: planet octupulous is nearing earths atmosphere
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Quote:
Originally Posted by nicet4
Hitting much harder isn't the price of gas you put in your tank but everything else you purchase. You think maybe those tractors in the field run by windmill power?
our whole economy was built from cheap energy,, high energy prices will kill it.!! some people just don't get it, high oil prices will drive up the cost of every single consumer product, transportation, food, housing ,you name it it will rise accordingly.
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