Midwest Gasoline to Spike $0.50-$1.00 Per gallon

[goeduck]

ANY excuse to jack up the price. Regular now $4.23 a gallon here.

Already $5 a gallon here. The state added a cap and trade cost of around $0.50 a gallon, now they are all giddy about where they are going to spend the cash grab from drivers. They call it a "marquee" policy.

Affordable Fuel Washington

We oppose costly, regressive and unworkable fuel policies that would unfairly burden Washington citizens, farmers, employers and families with no guarantee of significantly reducing greenhouse gases.

www.affordablefuelwashington.com

Washington state's cap-and-trade program has brought in $1.3B. What will they do with it?

Washington’s cap-and-trade auctions are pulling in money faster than expected, spurring calls to rework the program to ease costs for consumers.

www.kitsapsun.com

 

[Tomtint]

I clearly remember Taxachusetts wanting to raise the gas tax back when Trump was in office because fuel was so cheap... Diesel was 2.25- 2.30 per gallon.

 

[Hay Dude]

Gettin screwed in PA big time. Fuel has doubled in 2 years.
Best economy EV-ER!

 

[Torvy]

Gettin screwed in PA big time. Fuel has doubled in 2 years.
Best economy EV-ER!


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I guess when the stated goal is to end ICE, they see double fuel prices as a good thing. Idiots don't understand how those costs ripple through the economy. (Or don't care)

 

[Hay Dude]

I guess when the stated goal is to end ICE, they see double fuel prices as a good thing. Idiots don't understand how those costs ripple through the economy. (Or don't care)

If there’s ONE thing the last 2-3 years has taught me, it’s how quickly fools can ruin an otherwise good economy.

 

[riptides]

If there’s ONE thing the last 2-3 years has taught me, it’s how quickly fools can ruin an otherwise good economy.

It's been a shell game for a few decades. Or do you think massive deficit spending just happened in the last seven years?

 

[D&D]

So, I have very little sympathy. And gas prices don't really effect transportation of goods. A 52 foot trailer loaded with stuff, is effected in a tiny way, pennies, per unit shipped with any fuel price increase. Some Ag is effected, but not all Ag is effected the same way, depending on economy of scale. When I hear cotton or soy bean, 1,200 acre farmers complain, I have to wince, as those crops have price supports. They absolutely know what their market is going to be, cause its set.

Ah, pennies per unit. Is that why sliced turkey leaves the poultry plant @ $0.49/lb and ends up in the grocery store at $7.99/lb? Hay farmers get 0 in subsidies, offsets, gov’t handouts, crop insurance, etc. I don’t know of any incentives for smaller produce farms (<100 acre) either. To say that ag is an economy of scale, comparing farmers in the Midwest and east coast really isn’t fair. Comparing corporate farms to family run isn’t fair either.
Fuel though is a staple for all of them. Moving from $3.00 to $4.25+ when you need 500+ gallons a season, that hurts.
So, don’t have sympathy for us, have a little sympathy for the others that those couple of pennies per item really does affect. Grocery bills moving from $100 to ~$400 is real and that hurts everybody.

 

[WM75Guy]

"How do you know which truck is used for “real” work and which is a grocery getter?" Cause the bed liner is Armor All'ed and perfect with no scratches or dents.

Went and got groceries in mine yesterday. I don't have to tear up my truck just to prove I am a "real" man. I am proud of the way the bed in my 2017 2500HD grocery getter looks. That's why I have both a GN and BP hitch on the truck, to pull one of my 6 trailers. They haul the things that would tear up the bed, so the bed doesn't get tore up. My new soon to arrive 3500HD will used be the same.

 

[5030]

Personally, I wouldn't drive a GM truck (and I presume you are referring to that) of it was the last truck on the planet.

 

[bnold]

One more time...

If something goes from 123 to 70, how is that expressed in as a % change?

Well...

(123-70)/70 = 75% (I already did the x100 to express as a % for mr. bnold's hang-up). The price went down 75%.

We can check that number to make sure. To check you can do it two ways:

From the starting point of 70: 70*1.75 = 123
From the ending point of 123: 123/1.75 = 70

I hope you can see the multiplicative relationship here. It dosen't matter where starting point is, the relative ratio works either way. I explained earlier how to add (multiply) and subtract (divide) to keep the % change a constant ratio between two points.

I really have no other idea how to make you understand.

No hangups on percentages here.

If the initial (starting) number was 70 and went to 123 (ending), most would consider that an increase.

In which case, +75% is correct. (The plus signifies increase )

Starting point matters.