New Oil Math! $107 = 4.23 a gallon 2011? 2008= $147 = 4.17 a gallon?
If you want to see real math take a look at oil company profits.
It's a Capitalistic world and it's coming around to kick us in the butt.
New Oil Math! $107 = 4.23 a gallon 2011? 2008= $147 = 4.17 a gallon?
It all boils down to productivity. High wages can be supported only by high productivity. If our country keeps exporting not only jobs but also know how we will be screwed. There is not way around. There was a time when unions were fighting robots because they took jobs. GM closed one factory and Toyota opened one. Japanese robots caused unemployment in the US.
It was a big miscalculation. Work hard is not good enough anymore.
Technologically most advanced country will rule the world.
Would it help if engineering schools were free and the law school were ten times as expensive.
Everyone has hobbies or interests. His hobby does not necessarily invalidate any complaints he might have. The price of gas (or rather, the devaluation of the dollar) affects him just as it does the rest of us.
Diesel was $4.49 at my local Chevron a couple weeks ago and now it's down to $4.39. Things are looking up! :laughing:
Rob D is spot on: Until we collectively realize that living thirty miles from work and driving our large vehicle getting mileage in the teens then we are not going to recover. I recently read a Fox News report that about half of all gas profits go overseas. So half of all that extra money you are paying at the pump goes to someone else's economy, not ours. That is money you will not be purchasing goods with here.
Americans need to wake up and realize the best thing we can do is get a least one fuel efficient vehicle and use others only when necessary. Make a commitment to living as close to work as possible and limiting trips to town.
I have a four year-old diesel HD pickup with 22,000 miles. I use it to haul horses and cargo, little else. My four-banger Civic is the Go-To ride. I have a take home company vehicle and my wife's commute is four miles. I'm not as set up as Rob but someday I would like to be.
Am I lucky? Sure! But I've also planned it this way and made the necessary sacrifices. I would rather drive the pickup any day, but it's just not wise most of the time.
We will see $8 a gallon in the not too distant future. We are not even close to rock bottom yet. Have a plan or start working on one! :thumbsup:
the price of fuel is directly related to the strength of the US Dollar.
the price of fuel is directly related to the strength of the US Dollar.