[Topspinmo]

Originally Posted by mike1946

I'm a Brit Rain or Snow bird - live in Country Club Hills - just filled up my diesel car here in the UK - Premium Diesel is £1.59 a litre there are 3.5 litres to the standard US gallon - the exchange rate from £ to $ is around 1.35 :-
So 1.59 x 3.6 x 1.35 = $7.72 a gallon.
My Point ??? Stop Whining.

My point move and stop paying queen’s tax to keep them in their tax free compounds. I mean really kings and queens In this century. Talking about gullible…

[Topspinmo]

Originally Posted by Proveone

Gas was lower last year because of the pandemic and people were working from home and travel was way down. Gas prices are determined by a number of factors, one being supply and demand. Last year demand was low, therefore the price of gas was low. Other factors that affect gas prices are the fossil fuel industry, Wall Street traders, Hedge Fund Managers and Global demand . In July of 2008, gas was $4.11 a gallon. So it has gone down since then!

Want to bet it’s exceeds $4.11. Big oil just loves when government flips, now their making more on gallon of gas that government.

[banjobob]

Encouraging people to think how it started

[mkjelenbaas]

Originally Posted by Michael G.

How is your household coping with the high prices out there?

We have stopped spending any money as a form of protest!!

[mike1946]

Originally Posted by thevillages2013

What you pay for items on a tiny island has no bearing on prices here

This tiny island that has greater than 20% of the population of the entire USA on a tiny island that could probably fit 6-8 times into Texas - have you never heard of global trade ?? ...You are getting your cheap gas from shale and fracking ...soon those producers will realise they can get more for their gas on this tiny island ....ditto Turkeys etc. 6 to 8 times the price .. then you will start to see some shortages ... Hello Global Trade from this tiny Island !!!

[mike1946]

From a purely British perspective I do not see myself as European.

[mike1946]

Our Monarchy in the UK costs the British taxpayer around £1.20 (about $1.50) per annum per person ...this is less that 0.1 % of what the President of the USA costs the American taxpayer .. Our monarchy attracts a huge amount of foreign tourism and state visits to foreign countries attract a huge bonus for British business ... if we are talking a value for money scenario I know which one I would go for.

[Cliff Fr]

I think the media has hyped up the so called "high turkey prices" We shopped at Publix in Ocala Tuesday and frozen turkeys were 49¢ per pound. Now gas prices, that's a different story!

[Andyb]

Sad, that most of you are only concerned with yourselves, when many Americans, especially the lower and middle income people are struggling because of inflation, that did not have to happen.

[Jgg7933]

Well it wasn't quite that low. Click link for historical info for the U.S. by year. Its also important to remember "THERE WAS A PANDEMIC"! Nobody was traveling, planes were not flying etc, etc and oil was trading for below ZERO! Maybe that had something to do with the lower prices last November? Look at the data on the attached for yourselves. Yes, Gas is higher than normal but it is not absurd in price. Last November Gas nationally was $2.20 but for an "apples to apples" comparison you have to go back to November 2019 where it was $2.69. Back in 2011- 2013 gas was at its highest on this chart.

https://www.eia.gov/dnav/pet/hist/Le...te_nus_dpg&f=m

[Villages Kahuna]

Tough to pass on bacon. But at $9.00 a pound for house brand I’ll have to wait for my next BLT.

[sdm1222]

Originally Posted by dewilson58

Is that turkey I smell???

Nope, it's the end of a thread I smell.

Wrong, again...

[dewilson58]

Originally Posted by sdm1222

Wrong, again...

Yep, surgical removals.

[Lindsyburnsy]

no one was driving, remember? No demand= Low gas prices. Now price gouging trying to make up for lost revenue.

=ejp52;2033414]Well this time last year gas was around $1.799.[/QUOTE]

[jimbomaybe]

Originally Posted by MDLNB

Totally wrong! Take a look on a gov site and check the stats on how many are no longer in the work force. Count those as unemployed and you will see the difference. Just because less folks qualify for unemployment does not mean there is LOWER unemployment. "If you know anything about economics" you would understand that. And, no I do not know much about economics but I can read numbers. The gov has some great websites that have historical data on employment.

Good point, the more people who are not in the work force the fewer people adding to productivity and at the same time are still consumers adding to demand, the supply /demand equation cannot change ,, law of economic gravity