Shows how badly they’re taught in schools these days - the reason gas is so expensive is (a) taxes and (b) market demand. You want cheaper gas? Use less of it and the prices willl tumble!
Actually, it’s pretty well established that last year’s gas price run-up had nothing to do with supplies of oil or demand for gasoline; it was almost entirely due to a speculative bubble in the futures market. The typical barrel of oil was “traded” (in the form of futures, options and derivatives) something like 27 times before it was actually pumped from the ground, and at each step one or another big financial firm (can you say “Goldman Sachs”? I knew you could) took a chunk.
Come on, people! Pay attention! As long as I’ve been alive, @ 50 years, gas prices go UP in the Summer and DOWN in the Winter! It’s due to supply and demand! They have the supply, and we demand more as we take summer vacations! If we didn’t desire to travel to the ocean and ogle each other while half -naked (a sin in the Arabs eyes) gas prices would remain relatively stable! Think about this, when you want strawberries in-season, they are relatively cheap. But when you want strawberries out of season, you pay more for them! Your lust for strawberries causes you to pay more to satisfy that lust. Your lust for summer travel causes you to pay more in order to travel! It’s simple supply-side economics!
Summer time sum sum summertime…..you people should hear the tourons complain when they fill up on the interstate or downtown in this little burgh….I laugh because these people are usually driving large rolling motorhomes.
Defenition : Tour-on n. Cross between a tourist and a moron…most can’t read signs….ONEWAY usually means the traffic flow goes in the direction of the arrow.
HUMPHRIES almost 15 years ago
Here’s one that I thought might get a rise out of you ;o)
Rakkav almost 15 years ago
Skyler, you ain’t seen nuthin’ yet.
jgcp1 almost 15 years ago
Shows how badly they’re taught in schools these days - the reason gas is so expensive is (a) taxes and (b) market demand. You want cheaper gas? Use less of it and the prices willl tumble!
Yukoner almost 15 years ago
jgcp1 you make good sense. That’s why it will never happen.
Lyons Group, Inc. almost 15 years ago
But it should. And soon.
wicky almost 15 years ago
Given Uncle Cosmo’s gas hog, it may never happen.
GROG Premium Member almost 15 years ago
Well if that’s not what it stands for, that’s what it should stand for.
Skyler, I’d give you part marks.
TiggerLeBounce almost 15 years ago
Actually, that probably is more accurate than the ‘official’ meaning!
idwiz123 almost 15 years ago
NOT still falling… it just went up 10 cents here.. and still rising…
yyyguy almost 15 years ago
this time last year, gas prices were around 30 cents a litre higher than they are now. we were paying nearly $3.75 per US gallon
sk8trmom51 almost 15 years ago
Once again, the adage proves itself: many are the true words spoken in a jest!
puddleglum1066 almost 15 years ago
Actually, it’s pretty well established that last year’s gas price run-up had nothing to do with supplies of oil or demand for gasoline; it was almost entirely due to a speculative bubble in the futures market. The typical barrel of oil was “traded” (in the form of futures, options and derivatives) something like 27 times before it was actually pumped from the ground, and at each step one or another big financial firm (can you say “Goldman Sachs”? I knew you could) took a chunk.
Nighthawks Premium Member almost 15 years ago
over priced ecological catastrophe
briankblough almost 15 years ago
Come on, people! Pay attention! As long as I’ve been alive, @ 50 years, gas prices go UP in the Summer and DOWN in the Winter! It’s due to supply and demand! They have the supply, and we demand more as we take summer vacations! If we didn’t desire to travel to the ocean and ogle each other while half -naked (a sin in the Arabs eyes) gas prices would remain relatively stable! Think about this, when you want strawberries in-season, they are relatively cheap. But when you want strawberries out of season, you pay more for them! Your lust for strawberries causes you to pay more to satisfy that lust. Your lust for summer travel causes you to pay more in order to travel! It’s simple supply-side economics!
jmworacle almost 15 years ago
Not to worry, our benevolent leader will fix it so that the price of fuel is out of the reach everyone but “the elite class”.
jmworacle almost 15 years ago
Oh and by the way, Schuyler nailed it!
prasrinivara almost 15 years ago
Oops, jmworacle beat me to “on the nail”!
ROFL
caddy.1957 almost 15 years ago
Summer time sum sum summertime…..you people should hear the tourons complain when they fill up on the interstate or downtown in this little burgh….I laugh because these people are usually driving large rolling motorhomes. Defenition : Tour-on n. Cross between a tourist and a moron…most can’t read signs….ONEWAY usually means the traffic flow goes in the direction of the arrow.