Author Topic: Gas Prices  (Read 505 times)

811952

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« Reply #15 on: October 09, 2008, 05:21:57 PM »
But when the statement 'billions of dollars/pounds were wiped off the stock exchange' where does that go?
 
It never ever existed.  That's the problem.
 
John

grateful

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« Reply #16 on: October 10, 2008, 01:21:51 AM »

jacko

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« Reply #17 on: October 10, 2008, 01:24:22 AM »
Hey Mark, long time no see. Cool pic.
 
Graeme

grateful

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« Reply #18 on: October 10, 2008, 02:25:13 AM »
Couldn't resist it.  Hopefully, it won't offend anyone!

precarius

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« Reply #19 on: October 10, 2008, 04:46:25 AM »
It goes to the same place fat goes when you lose weight.

alembic76407

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« Reply #20 on: October 10, 2008, 06:06:13 AM »
I had no idea!  I feel so much better now!
 
Subject: Understanding the current financial crisis
 
To help you better understand the financial crisis in which our  
country finds itself, I have attempted to put it in terms common  
people, like you and me, can easily understand...If you had purchased  
$1,000 of shares in Delta Airlines one year ago, you will have $49.00  
today. If you had purchased $1,000 of shares in AIG one year ago, you  
will have $33.00 today. If you had purchased $1,000 of shares in  
Lehman Brothers one year ago, you will have $0.00 today. But, if you  
had purchased $1,000 worth of beer one year ago, drank all the beer,  
then turned in the aluminum cans for recycling refund, you will have  
received $214.00. Based on the above, the best current investment plan  
is to drink heavily & recycle. It is called the 401-Keg.
A recent study found that the average American walks about 900 miles a  
year. Another study found that Americans drink, on average, 22 gallons  
of alcohol a year. That means that, on average, Americans get about 41  miles to the gallon!
Makes you proud to be an American!
 
Sir David

811952

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« Reply #21 on: October 10, 2008, 10:58:56 AM »
I shall research Sir David's thesis at this evening's gig.  SOMEBODY has to make the sacrifice.  :P
 
John

kmh364

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« Reply #22 on: October 10, 2008, 12:07:34 PM »
I'm paying around $3.70/gal for Diesel...you know, the green stuff that costs 2/3 LESS to refine than petrol, but costs $1/gal MORE because of GREED that benefits NO ONE other than Big Oil.  
 
More Taxes? At nearly a 40% taxation rate, I'm among the working class (formerly known as the now-extinct middle class) stiffs that pay the bills for the lower and upper-classes.
 
As a DWM new homeowner public employee with no children, I help to pay (mightily, I might add)  for everyone's services, the majority of which I get little-to-no benefit from.  
 
I should probably start investing in the 401-keg program (As a state pensioneer, I'm legally prohibited from participating in any other retirement investment plan). If I drink heavily, I'll get some recycling mungo money in return, and won't be able to think about killing myself (or others), LOL!  
 
Cheers,
 
Kevin
 
P.S., Did I mention I've already lost $50k on my new home in the 4 mos. since I've bought it? They were already reduced $70k when I bought, and now my mortgage debt vastly exceeds my home worth. I hope I don't need a home-equity loan to bail myself out...I have no equity to borrow against!
 
(Message edited by kmh364 on October 10, 2008)

rushfan

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« Reply #23 on: October 10, 2008, 01:32:38 PM »
speaking of gas prices, i saw on a nbc morning network a guy in nebraska(U.S.A.) was actually drilling his own oil!

cozmik_cowboy

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« Reply #24 on: October 10, 2008, 02:48:11 PM »
Actually, Kevin, while I despise oil company greed as much as the next guy & hate to defend them, I must point out that a lot of what pushes diesel so high is road-use taxes - most diesel fuel in the US is used by heavy trucks, which beat the crap out of roads; ergo higher taxes on diesel to repair them.
 
Peter
 
Oh, yeah - as of yesterday, we're down to $3.45 for regular in north central Illinois.
"Is not Hypnocracy no other than the aspiration to discover the meaning of Hypnocracy?  Have you heard the one about the yellow dog yet?"
St. Dilbert

"If I could explain it in prose, i wouldn't have had to write the song."
Robt. Hunter

richbass939

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« Reply #25 on: October 11, 2008, 01:40:14 PM »
Peter,
Quite a few years ago Colorado raised the fuel tax.  Colorado became a no buy state.  Long haul truckers just fueled up before they entered the state and passed through without buying anything.  Studies showed that truckers spent something like $50 - $60 on misc goods when they stopped to get fuel. Sometimes ill-researched good ideas backfire.
Please don't take this to mean that I am a fan of oil companies.
Rich
BTW, regular gas is $3.41 in western Colorado.

dannobasso

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« Reply #26 on: October 11, 2008, 03:56:24 PM »
Remember to look up the taxes put on fuel by all agencies. Also keep in mind that the government just sits back and collects the tax without putting the money into discovery, recovery, refining transport or dispensing. They just collect after all the good stuff has been done. So tax on fuel, roads, sales tax on the vehicles, service, parts, tires essentially everything associated with owning and operating a vehicle. Then think about payroll tax, local, state, federal tax, tax on interest, capital gains, estate tax, death tax and all the taxes connected with conducting a funeral (not including tips for the repast) and you really get an idea of how many times we chip away at the money we earn in order to live the lives we chose in the manner we see fit. The best part is how you work your whole life paying taxes and raising your family, paying for your home and when you leave it and any other assets to your children, they pay more tax on the assets that you paid tax on!, And to think the early subjects of the crown got upset over taxes on stamps and tea! I'm a whole lot more perturbed at the folks who legislate that we give them more on top of what we give them and then tell us we have to adjust how we live and they just can't cut what they spend and then want those who pay the highest percentage to pay more. BTW I decided that I could not afford the bird of prey tailpiece and neck through construction on my newest custom on account of the living within ones means philosophy. Still gonna be a heck of a bass though!  $3.75 Bergen County NJ.

edwin

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« Reply #27 on: October 11, 2008, 11:12:05 PM »
Look for fuel prices to go back up on Nov 6th or so.
 
The same thing happened in 2004 as the election approached.
 
Edwin
Still on the road and enjoying the cheaper gas while it lasts.

jet_powers

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« Reply #28 on: October 12, 2008, 10:09:25 AM »
On Nov. 6 or so we'll all be quoting Pete Townshend...
 
Meet the new boss. Same as the old boss.
 
I paid 3.27 earlier this week in north central Massachusetts.
 
-JP

alembic76407

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« Reply #29 on: October 13, 2008, 02:24:51 PM »
WOW !!!!!  $2.29 a gallon today in Okla City