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Germ
Dodge Dakota
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5/29/2004
22:54:03
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 Subject: RE: Gas prices! Wow!
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Got an update for the holiday weekend. I noticed many gas prices came down this weekend. Many are at $1.99, instead of the $2.03-$2.05 they were on Thursday. The radio was even broadcasting prices of $1.97. Oh well, after seeing the Day After Tommorrow I've decided I need to stockpile my gas so when everyone switches to non-gas usage, I can still drive my big V-8 around. Haha, wouldn't trade it for the world.
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Jeff
GenIII
5/30/2004
00:15:50
| RE: Gas prices! Wow!
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$2.45 in palm springs, ca.
don't listen to people who say gas prices are set by supply/demand. bull. they are set by the gas station companies mostly. the real wankers are the azzwipes at the commodities market who like to buy high. if they all refused to buy at higher than x dollars, then the price wouldn't go above x dollars. opec is a cartel, so why can't the oil futures traders form their own collusionary group?
http://money.cnn.com/markets/commodities.html
Jeff
'99 3.9 clubcab
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Doug4.7
Dodge Dakota
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5/30/2004
09:33:36
|  RE: Gas prices! Wow!
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The oil futures traders DO have a cartel. I've read they are hording gas hoping the price will keep going up and they can sell at a huge profit. Don't you just love unabashed capitalism...
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99DAK
Dodge Dakota
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5/30/2004
12:50:28
| RE: Gas prices! Wow!
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Jeff - You're right - prices aren't "set" by supply and demand, but oil companies don't arbitrarily set prices in a vacuum either - they're influenced by a combination of market forces. Simple fact is that despite all the whining, consumer consumption of gas hasn't been significantly curtailed by the (relatively) high prices - yet. If things get bad enough for people on a budget (which is most people) to affect their lifestyle and purchasing decisions in a big way then there will be downward price pressure (remember the '70s?).
And if you like a free market society then you have to accept the desire of everyone involved to make as much do-re-me as they can. But there is always a price-point beyond which the average consumer can not/will go.
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99DAK
Dodge Dakota
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5/30/2004
12:54:58
| RE: Gas prices! Wow!
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Oops, that should have been "can not/will not go".
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Joe M.
Dodge Dakota
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9/16/2005
00:39:52
|  RE: Gas prices! Wow!
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i had to dig this old post up
Look just over a year ago
we thought $1.99 - $2.05 was high..
man and look what we're all paying now!
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N56629
Dodge Dakota
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9/16/2005
06:52:56
| RE: Gas prices! Wow!
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Inflation adjusted prices.
8/20/79 $1.2435/gal
7/9/2005 $0.9000/gal
Actual price paid
8/20/79 $1.2100
7/9/2005 $2.4790
Would you like to return to the good old days of 8/20/79
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sure
Dodge Dakota
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9/16/2005
08:42:37
| RE: Gas prices! Wow!
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Yes
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N56629
Dodge Dakota
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9/16/2005
10:40:29
| RE: Gas prices! Wow!
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Ok, sure, but if your income is $60k/yr now you would have to take a $35k/yr cut in pay to enjoy that 1979 price of gas. Still sound good, sure, or are you just saying that because everything seemed simpler then and your choice has absolutely nothing to do with the price of gas?
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prodak
Dodge Dakota
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9/16/2005
11:51:21
| RE: Gas prices! Wow!
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I'd take the pay cut if I could be 22 years old again.
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ObieWonDakota
Dodge Dakota
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9/16/2005
12:27:08
| RE: Gas prices! Wow!
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Paycut for me too. That would make me 18 at that time.
If I knew then what I know now..woo hoo!
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prodak
Dodge Dakota
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9/16/2005
12:29:29
| RE: Gas prices! Wow!
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If I knew then what I know now..woo hoo!
Exactly.
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N56629
Dodge Dakota
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9/16/2005
12:59:02
| RE: Gas prices! Wow!
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See, all of the sudden the price of gas isn't all that important. lol
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ObieWonDakota
Dodge Dakota
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9/16/2005
13:11:22
| RE: Gas prices! Wow!
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You're right. Aaaah the memories of what could have been LOL.
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