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Gas prices

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Old 02-07-2013, 09:41 PM
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To Blueash: I disagree with your sweeping condemnation of today's youth. My two children are two of the politest, kind and generous people I've ever met. I would hasten to say they are much better people that I ever was, being raised by an insane bigot. (My mother, not me) I'm very proud of them and I suspect many others here are of their kids and grandkids too. Sure there are lots of problem youth, but there were when you and I were that age also. And even if it is worse today, it isn't everyone.

I started to write a smartass comment about the need to stand when you walk into the room, but my better angels said no. Plus, I've seen my son do it. Again he's a better person than I am.
Those are not my words, they are those of ancient Greeks about the youth of 2500 years ago. Just pointing out that complaints about lazy kids is nothing new.
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Old 02-07-2013, 10:49 PM
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If you can't beat them, join them!!!

Guess we all have to buy stock in Exxon/Mobil
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Old 02-07-2013, 11:02 PM
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Problem is no one said anything about lazy kids, other than you. The only other comment was that kids don't start cutting corners and saving early enough. I think that is a comment about not being able to see the future at a young age.
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Old 02-07-2013, 11:34 PM
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Gas price will continue to rise well above supply costs due to supply/demand. As the world economy improves, countries with less domestic oil resources than the US will drive the price higher. And we subsidize this via our tax code that gives domestic oil producers huge tax breaks no matter where they sell their product. The people of India and China thank you.

While the long term price of fuel will rise on overall global demand, these current spikes in price we see have little to nothing to do with demand. If fact, current US consumption is lower now than 4-5 years ago and global demand is been pretty much a flat line over the same time period.

Speculation, emotion and "because they can" are the reason that gas rises at the pump .25 in two weeks.
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Old 02-08-2013, 01:22 PM
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The profit tothe oil companies is much less than the Federal and State taxes on the fuel. And the oil companies have to do the work of finding the oil, extracting it, refining it, transporting it to market. As was said, the price is not bad adjusted for inflation.

And if you think it is bad here, go to Germany, close to an Euro/liter.
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Old 02-08-2013, 03:22 PM
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While the long term price of fuel will rise on overall global demand, these current spikes in price we see have little to nothing to do with demand. If fact, current US consumption is lower now than 4-5 years ago and global demand is been pretty much a flat line over the same time period.

Speculation, emotion and "because they can" are the reason that gas rises at the pump .25 in two weeks.
I really think they have you by the cross hairs and can get away with anything attitude.

I don't like the price of gasoline but I don't have an alternative. It's pay the price or push your car.
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Old 02-08-2013, 03:32 PM
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Originally Posted by blueash View Post
Our youth now love luxury. They have bad manners, contempt for authority; they show disrespect for their elders and love chatter in place of exercise; they no longer rise when elders enter the room; they contradict their parents, chatter before company; gobble up their food and tyrannize their teachersOur youth now love luxury. They have bad manners, contempt for authority; they show disrespect for their elders and love chatter in place of exercise; they no longer rise when elders enter the room; they contradict their parents, chatter before company; gobble up their food and tyrannize their teachers

or

I see no hope for the future of our people if they are dependent on the frivolous youth of today, for certainly all youth are reckless beyond words.

More on topic, here is the inflation corrected cost of gasoline from 1918 thru 2011. Inflation adjusted Gasoline Price Chart
Not really a lot of change. But if you just plot the last five years, up 28% over the CPI increase. However, the average MPG of cars is up 22% in the same period which mostly offsets the cost of driving. Still, for many, the cost of commuting is significant. Tip your servers.
Think the first part on youth was published in 1967.
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Old 02-08-2013, 04:53 PM
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Originally Posted by paulandjean View Post
Think the first part on youth was published in 1967.
Actually the quote is attributed to Socrates, a few years before that.

Quote by Socrates: Our youth now love luxury. They have bad manner...
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