Let’s revisit Let’s revisit - Page 5 - Talk of The Villages Florida

Let’s revisit

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  #61  
Old 06-08-2022, 12:17 PM
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Originally Posted by kcal63 View Post
Some parts of the country are already approaching $6. By the end of this year we are looking at $8 per gallon. At this point the only reasonable expectation of a price decline would be from a decline in demand, which is not likely for at least 4 years. JMO.
I believe that demand is starting to go down right now.
  #62  
Old 06-08-2022, 12:19 PM
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Build back better is as much a success as shovel ready jobs.
  #63  
Old 06-08-2022, 12:20 PM
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Originally Posted by The Chipster View Post
If you don't need to drive long distances, owning an EV right now is like putting money in the bank each week. No gas, oil changes, regular service intervals, new brake pads, etc. I bought a used Jaguar I-Pace on autotrader.com, charge it up in my garage about once per week, and pat it on the butt every morning.
That helped take down the DEMAND for oil.
  #64  
Old 06-08-2022, 12:25 PM
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Originally Posted by jimjamuser View Post
I believe that demand is starting to go down right now.
Probably due to the people who cannot afford 5- 6 bucks a gallon for gas.
  #65  
Old 06-08-2022, 12:49 PM
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Drove up to Charleston yesterday morning. 301 up to 95 around Yulee. All seemed usual on 301. Got on 95...thought it was the twilight zone...less trucks and cars..and almost no RVs..especially those big bus type driven by old Ralph Kramdens. I would call 95 “empty” compared to normal.

Maybe this is good...brandon types will love it...we are protecting the environment.
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  #66  
Old 06-08-2022, 01:21 PM
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Originally Posted by Gpsma View Post
Drove up to Charleston yesterday morning. 301 up to 95 around Yulee. All seemed usual on 301. Got on 95...thought it was the twilight zone...less trucks and cars..and almost no RVs..especially those big bus type driven by old Ralph Kramdens. I would call 95 “empty” compared to normal.

Maybe this is good...brandon types will love it...we are protecting the environment.
The shops and restaurants along the interstate will certainly not be enjoying their lost business as they layoff their employees
  #67  
Old 06-08-2022, 02:41 PM
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10 by labor day.....
  #68  
Old 06-08-2022, 03:40 PM
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Originally Posted by MartinSE View Post
Next time a hurricane comes through, you will be okay with $10/gallon for water?

I mean, they should be able to charge anything they want. And if your grandchild is allergic to bee stings, $1000 for a $15 shot is okay? Gouging is gouging and is generally considered immoral and illegal (in many cases - the shot producers had to pay a $600 Million fine)
All you’re example’s of gouging has nothing to do with crude oil daily price in stock market. The costs of gallon gas directly related to stock commodities exchange where all crude brought on daily basic.
  #69  
Old 06-08-2022, 03:42 PM
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Originally Posted by fishon View Post
Build back better is as much a success as shovel ready jobs.
Or cash for clunkers.
  #70  
Old 06-10-2022, 01:51 PM
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We didn’t depend on foreign oil till recently. 3% Russia non player but makes good talking BS point.
Prior to the Russian invasion, Russia produced 14% of the world's oil. Russia is a very large country whose main exports are oil and weapons. John McCain called Russia a "gas station masquerading as a country".
  #71  
Old 06-10-2022, 01:58 PM
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Originally Posted by Stu from NYC View Post
Probably due to the people who cannot afford 5- 6 bucks a gallon for gas.
Yes, an OLD economic slogan is," the CURE for high prices is HIGH PRICES!

Last edited by jimjamuser; 06-10-2022 at 02:14 PM.
  #72  
Old 06-10-2022, 02:03 PM
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Originally Posted by Gpsma View Post
Drove up to Charleston yesterday morning. 301 up to 95 around Yulee. All seemed usual on 301. Got on 95...thought it was the twilight zone...less trucks and cars..and almost no RVs..especially those big bus type driven by old Ralph Kramdens. I would call 95 “empty” compared to normal.

Maybe this is good...brandon types will love it...we are protecting the environment.
I hope that those that are AGAINST protecting the environment and believe that Global Warming is a hoax - don't get HEAT stroke from the heat and humidity here lately in TV Land. Enjoy!
  #73  
Old 06-10-2022, 02:12 PM
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Originally Posted by Topspinmo View Post
All you’re example’s of gouging has nothing to do with crude oil daily price in stock market. The costs of gallon gas directly related to stock commodities exchange where all crude brought on daily basic.
The majority of the increase in the price of oil is caused by the worldwide RISK of loss of oil SUPPLY triggered by Russia's invasion. The price of ANY commodity or stock depends on the future risk.
  #74  
Old 06-10-2022, 04:42 PM
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Originally Posted by jimjamuser View Post
The oil price was NOT changed so much by what the US government did, BUT a lot by what the Russian government did.
Then please explain the HUGE jump in prices from January 2021 up to "Putins price hike"...

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  #75  
Old 06-10-2022, 04:45 PM
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Originally Posted by jimjamuser View Post
Today's inflation has a lot to do with factors that NO ONE in the US had ANY control over - namely the Russian invasion of the Ukraine and China's bad Covid response which shut down its economy and stopped their manufactured goods from being sent to the US - thus hurting the SUPPLY of manufactured products, which drove those prices up.
........The closest thing to US blame is that the FED should have reacted faster. But, historically, the FED has NOT gotten its TIMING PERFECT.
Then what was the cause of all of that inflation BEFORE Putin's invasion?

Why was inflation still very low during the first year of Covid?
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