Gas Prices

13

Comments

  • VR3
    VR3 Posts: 29,384
    At quik trip, I have seen full grown men spend 45 dollars for breakfast... Chips, red bulls, etc etc a full spread of junk for top dollar. Maut be working!
    - Not Tom ::::::: Any system can play Diana Krall. Only the best can play Limp Bizkit.
    · Share on FacebookShare on Twitter
  • daddyjt
    daddyjt Posts: 3,029
    Now that prices are dropping, it’s time for a narrative shift in three, two, one…

    https://www.morningstar.com/news/marketwatch/2025031799/gas-prices-are-heading-below-3-a-gallon-why-thats-not-actually-a-good-thing

    gu0kwxv0o5aq.jpeg
    “Human beings are born with different capacities. If they are free, they are not equal. And if they are equal, they are not free.”
    ― Aleksandr Solzhenitsyn
    · Share on FacebookShare on Twitter
  • Gardenstater
    Gardenstater Posts: 4,726
    What a specious article; firstly for suggesting that the gyrations of the stock market over tariff uncertainties is somehow tied to the strength of the economy and secondly for suggesting that people are driving less over fear of how tariffs will effect prices in the future. Pfft.
    George / NJ

    Polk 7B main speakers, std. mods+ (1979, orig owner)
    Martin Logan Dynamo sub w/6ft 14awg Power Cord
    Onkyo A-8017 integrated
    Logitech Squeezebox Touch Streamer w/EDO applet
    iFi nano iDSD DAC
    iPurifier3
    iDefender w/ iPower PS
    Custom Steve Wilson 1m UPOCC Interconnect
    iFi Mercury 0.5m OFHC continuous cast copper USB cable
    Custom Ribbon Speaker Cables, 5ft long, 4N Copper, 14awg, ultra low inductance
    Custom Vibration Isolation Speaker Stands and Sub Platform
    · Share on FacebookShare on Twitter
  • treitz3
    treitz3 Posts: 19,945
    The media can't earn money if they aren't sowing fear.

    Tom
    ~ In search of accurate reproduction of music. Real sound is my reference and while perfection may not be attainable? If I chase it, I might just catch excellence. ~
    · Share on FacebookShare on Twitter
  • pitdogg2
    pitdogg2 Posts: 26,922
    Gas here is going up. We were at $2.98, then $3.09 and now $3.39.
    · Share on FacebookShare on Twitter
  • Gardenstater
    Gardenstater Posts: 4,726
    Mostly the stock market cares about corporate profits and predictability of same, rather than the health of the economy. They crave QE, artificially low interest rates, government spending (boosts profits and GDP), and don't care about inflationary Federal Reserve policies one bit.

    Aside from that, I don't want to get the thread shut down since many can't talk economics without making it political.
    George / NJ

    Polk 7B main speakers, std. mods+ (1979, orig owner)
    Martin Logan Dynamo sub w/6ft 14awg Power Cord
    Onkyo A-8017 integrated
    Logitech Squeezebox Touch Streamer w/EDO applet
    iFi nano iDSD DAC
    iPurifier3
    iDefender w/ iPower PS
    Custom Steve Wilson 1m UPOCC Interconnect
    iFi Mercury 0.5m OFHC continuous cast copper USB cable
    Custom Ribbon Speaker Cables, 5ft long, 4N Copper, 14awg, ultra low inductance
    Custom Vibration Isolation Speaker Stands and Sub Platform
    · Share on FacebookShare on Twitter
  • nooshinjohn
    nooshinjohn Posts: 25,877
    Oil could be a buck/barrel and gas in CA would still be 5 bucks a gallon…
    The Gear... Carver "Statement" Mono-blocks, Mcintosh C2800 Arcam AVR20, Oppo UDP-203 4K Blu-ray player, Sony XBR70x850B 4k, Polk Audio Legend L800 with height modules, L400 Center Channel Polk audio AB800 "in-wall" surrounds. Marantz MM7025 stereo amp. Simaudio Moon 680d DSD

    “When once a Republic is corrupted, there is no possibility of remedying any of the growing evils but by removing the corruption and restoring its lost principles; every other correction is either useless or a new evil.”— Thomas Jefferson

    How many flies need to be buzzing a dead horse before you guys stop beating it?
    · Share on FacebookShare on Twitter
  • la2vegas
    la2vegas Posts: 762
    nooshinjohn wrote: »
    Oil could be a buck/barrel and gas in CA would still be 5 bucks a gallon…

    Love it or leave it...
    · Share on FacebookShare on Twitter
  • daddyjt
    daddyjt Posts: 3,029
    nooshinjohn wrote: »
    Oil could be a buck/barrel and gas in CA would still be 5 bucks a gallon…

    So true. It would be one thing if the roads were in excellent shape, thus showing the return on investment for the high fuel taxes, however that was not the case in my experience there. One could ask where the substantial sum raised from the fuel taxes goes, but I doubt you’d ever get a response even remotely associated with the truth…
    “Human beings are born with different capacities. If they are free, they are not equal. And if they are equal, they are not free.”
    ― Aleksandr Solzhenitsyn
    · Share on FacebookShare on Twitter
  • pitdogg2
    pitdogg2 Posts: 26,922
    edited March 23
    daddyjt wrote: »
    nooshinjohn wrote: »
    Oil could be a buck/barrel and gas in CA would still be 5 bucks a gallon…

    So true. It would be one thing if the roads were in excellent shape, thus showing the return on investment for the high fuel taxes, however that was not the case in my experience there. One could ask where the substantial sum raised from the fuel taxes goes, but I doubt you’d ever get a response even remotely associated with the truth…

    Same here in Illinois. My city doubled the fuel road tax on top of the state of Illinois doubling the road tax. Unfortunately our roads are twice as bad as they were before the doubling of taxes. It's just unfathomable to be honest. With all that the state Democrats run on the fact that they have doubled these taxes and all the money they are bringing in yet NOTHING to show for it anywhere.
    Now they are wanting to use the insane taxes brought in for the weed sales that we the state voted on the save the pension plans that the state for 30yrs failed to pay into and now are BILLIONS behind, now of all things they want to use it to pay for all the illegals they imported into the state by the tens of thousands.
    It's beyond ridiculous!! Now it is falling on home owners property taxes to fulfill the burden of the mismanaged taxes for bailing out the pension plans, which I understand we are 3rd in the nation for the highest property taxes.
    · Share on FacebookShare on Twitter
  • daddyjt
    daddyjt Posts: 3,029
    It is crazy that even Hawaii, where everything must be barged in, has lower gas prices than California - and Hawaii has better roads;-)
    “Human beings are born with different capacities. If they are free, they are not equal. And if they are equal, they are not free.”
    ― Aleksandr Solzhenitsyn
    · Share on FacebookShare on Twitter
  • audioluvr
    audioluvr Posts: 5,865
    Trump eliminating subsidies and tax breaks for "Green Energy" projects will lower demand, which will lower prices temporarily. Until some disaster affects the cost of oil production, giving the oil industry an excuse to charge more.
    Gustard X26 Pro DAC
    Belles 21A Pre modded with Mundorf Supreme caps
    B&K M200 Sonata monoblocks refreshed and upgraded
    Polk SDA 1C's modded / 1000Va Dreadnaught
    Wireworld Silver Eclipse IC's and speaker cables
    Harman Kardon T65C w/Grado Gold. (Don't laugh. It sounds great!)

    There is about a 5% genetic difference between apes and men …but that difference is the difference between throwing your own poo when you are annoyed …and Einstein, Shakespeare and Miss January. by Dr. Sardonicus
    · Share on FacebookShare on Twitter
  • pitdogg2
    pitdogg2 Posts: 26,922
    https://www.msn.com/en-us/money/realestate/map-shows-states-baby-boomers-are-fleeing-from/ar-AA1BtWe0

    Shows property tax cost, top 3 Pennsylvania, New York and Illinois.
    · Share on FacebookShare on Twitter
  • Gardenstater
    Gardenstater Posts: 4,726
    edited March 24
    Cool map. Article said NY, NJ, PA but map looks like IL not PA. My municipal prop tax went up over 7% last year which p'd me off something fierce.
    George / NJ

    Polk 7B main speakers, std. mods+ (1979, orig owner)
    Martin Logan Dynamo sub w/6ft 14awg Power Cord
    Onkyo A-8017 integrated
    Logitech Squeezebox Touch Streamer w/EDO applet
    iFi nano iDSD DAC
    iPurifier3
    iDefender w/ iPower PS
    Custom Steve Wilson 1m UPOCC Interconnect
    iFi Mercury 0.5m OFHC continuous cast copper USB cable
    Custom Ribbon Speaker Cables, 5ft long, 4N Copper, 14awg, ultra low inductance
    Custom Vibration Isolation Speaker Stands and Sub Platform
    · Share on FacebookShare on Twitter
  • pitdogg2
    pitdogg2 Posts: 26,922
    Illinois is third after New York and New Jersey. The article also does mention and toss Pennsylvania in there. That is why I included it.
    · Share on FacebookShare on Twitter
  • Gardenstater
    Gardenstater Posts: 4,726
    edited March 24
    I know Ivan. The article was wrong was all I was pointing out. A friend of mine moved from NJ to PA partially for the (relatively) low property taxes.
    George / NJ

    Polk 7B main speakers, std. mods+ (1979, orig owner)
    Martin Logan Dynamo sub w/6ft 14awg Power Cord
    Onkyo A-8017 integrated
    Logitech Squeezebox Touch Streamer w/EDO applet
    iFi nano iDSD DAC
    iPurifier3
    iDefender w/ iPower PS
    Custom Steve Wilson 1m UPOCC Interconnect
    iFi Mercury 0.5m OFHC continuous cast copper USB cable
    Custom Ribbon Speaker Cables, 5ft long, 4N Copper, 14awg, ultra low inductance
    Custom Vibration Isolation Speaker Stands and Sub Platform
    · Share on FacebookShare on Twitter
  • motorhead43026
    motorhead43026 Posts: 3,995
    Our properties were reassessed last year for 2025. My property taxes increased 40%, that’s right 40%.
    And of course my property values increased the same.

    Taxes are $640 per month. My first home the payments were $425 per month. Just a statement on how things have evolved the
    last 40 years.

    75% of my taxes go to the Hilliard, Oh school district. The schools are excellent and very desirable but enough is enough.

    Patriotism is the last refuge of a scoundrel…….Samuel Johnson

    Since we don’t know where we are going we have to stick together in case someone gets there….Ken Kesey

    To learn who rules over you, simply find out who you are not allowed to criticize.
    – Kevin Alfred Strom
    · Share on FacebookShare on Twitter
  • treitz3
    treitz3 Posts: 19,945
    I would move. We pay less than $1300.00 every year. I couldn't fathom paying that much per month.

    Tom
    ~ In search of accurate reproduction of music. Real sound is my reference and while perfection may not be attainable? If I chase it, I might just catch excellence. ~
    · Share on FacebookShare on Twitter
  • Gardenstater
    Gardenstater Posts: 4,726
    Something doesn't smell right there. A reasessment shouldn't trigger a town or school system budget increase. Although I have heard interpreters make a lot of money.......
    George / NJ

    Polk 7B main speakers, std. mods+ (1979, orig owner)
    Martin Logan Dynamo sub w/6ft 14awg Power Cord
    Onkyo A-8017 integrated
    Logitech Squeezebox Touch Streamer w/EDO applet
    iFi nano iDSD DAC
    iPurifier3
    iDefender w/ iPower PS
    Custom Steve Wilson 1m UPOCC Interconnect
    iFi Mercury 0.5m OFHC continuous cast copper USB cable
    Custom Ribbon Speaker Cables, 5ft long, 4N Copper, 14awg, ultra low inductance
    Custom Vibration Isolation Speaker Stands and Sub Platform
    · Share on FacebookShare on Twitter
  • motorhead43026
    motorhead43026 Posts: 3,995
    edited March 24
    Gardenstater wrote: »
    Something doesn't smell right there. A reasessment shouldn't trigger a town or school system budget increase. Although I have heard interpreters make a lot of money.......


    There was a new school levy passed in November 2024. It had been 6 years since the last one so this one was especially painful.
    Then there are library, zoo and others.


    Patriotism is the last refuge of a scoundrel…….Samuel Johnson

    Since we don’t know where we are going we have to stick together in case someone gets there….Ken Kesey

    To learn who rules over you, simply find out who you are not allowed to criticize.
    – Kevin Alfred Strom
    · Share on FacebookShare on Twitter
  • Emlyn
    Emlyn Posts: 4,620
    Ohio does have unusually high property taxes around the major cities compared to most States because of the way schools are built and operated. Also because houses have higher valuations because of housing shortages and overall inflation. My parents used to live in Hilliard 20-30 years ago and were shocked back then at the real estate taxes increasing after the school district had to build multiple entirely new schools to accommodate the population growth. The area used to be farm fields not that long ago.
    · Share on FacebookShare on Twitter
  • pitdogg2
    pitdogg2 Posts: 26,922
    treitz3 wrote: »
    I would move. We pay less than $1300.00 every year. I couldn't fathom paying that much per month.

    Tom

    Mine is over $600 per month! The pension police and schools want A LOT MORE.
    · Share on FacebookShare on Twitter
  • Gardenstater
    Gardenstater Posts: 4,726
    Around $780 per month here. But there is (subject to renewal by governor) an Anchor Benefit that can be as high as $1500 per year. Also, an additional senior benefit for 65 and over is supposed to start paying 50% of remainder property tax bill starting this year but not paying out until 2026. I guess this thread is about property taxes now lol.
    George / NJ

    Polk 7B main speakers, std. mods+ (1979, orig owner)
    Martin Logan Dynamo sub w/6ft 14awg Power Cord
    Onkyo A-8017 integrated
    Logitech Squeezebox Touch Streamer w/EDO applet
    iFi nano iDSD DAC
    iPurifier3
    iDefender w/ iPower PS
    Custom Steve Wilson 1m UPOCC Interconnect
    iFi Mercury 0.5m OFHC continuous cast copper USB cable
    Custom Ribbon Speaker Cables, 5ft long, 4N Copper, 14awg, ultra low inductance
    Custom Vibration Isolation Speaker Stands and Sub Platform
    · Share on FacebookShare on Twitter
  • motorhead43026
    motorhead43026 Posts: 3,995
    Fuel prices are cheap compared to the other essentials like housing and food. I drive about 15k miles a year making my fuel bill about $1,700 per
    year @ current prices. Heck my cable bill is nearly 3k a year. Working on getting rid of this sheet.

    Patriotism is the last refuge of a scoundrel…….Samuel Johnson

    Since we don’t know where we are going we have to stick together in case someone gets there….Ken Kesey

    To learn who rules over you, simply find out who you are not allowed to criticize.
    – Kevin Alfred Strom
    · Share on FacebookShare on Twitter
  • Gardenstater
    Gardenstater Posts: 4,726
    motorhead43026 wrote: »
    Fuel prices are cheap compared to the other essentials like housing and food. I drive about 15k miles a year making my fuel bill about $1,700 per
    year @ current prices. Heck my cable bill is nearly 3k a year. Working on getting rid of this sheet.

    Yeah maybe but I'm thinking if you are a long distance trucker you could drive 15K miles per week. Fuel costs are a significant part of inflation due to their effect on grocery prices and manufacturing costs.
    George / NJ

    Polk 7B main speakers, std. mods+ (1979, orig owner)
    Martin Logan Dynamo sub w/6ft 14awg Power Cord
    Onkyo A-8017 integrated
    Logitech Squeezebox Touch Streamer w/EDO applet
    iFi nano iDSD DAC
    iPurifier3
    iDefender w/ iPower PS
    Custom Steve Wilson 1m UPOCC Interconnect
    iFi Mercury 0.5m OFHC continuous cast copper USB cable
    Custom Ribbon Speaker Cables, 5ft long, 4N Copper, 14awg, ultra low inductance
    Custom Vibration Isolation Speaker Stands and Sub Platform
    · Share on FacebookShare on Twitter
  • daddyjt
    daddyjt Posts: 3,029
    I always find it humorous when people say things like “…gas prices don’t affect me because I drive an EV”, or “…gas prices don’t affect me because I don’t drive much”.

    While statements like that may be true, I would ask - do you eat? Do you heat/cool your home? Do you use electricity? Do you order things on line? Do you use electronics? Buy records/CDs?

    Gas/diesel prices are tied directly to the price of oil (insane state/local taxes aside). And crude oil is used in virtually EVERYTHING. From pesticides and herbicides to all “man made” fabrics, plastics, rubber, to virtually all electricity generation, to ALL shipping (by truck, plane of ship)… Crude oil is EVERYWHERE. So wether you want to admit it or not, “gas prices” affect virtually every aspect of your material life.
    “Human beings are born with different capacities. If they are free, they are not equal. And if they are equal, they are not free.”
    ― Aleksandr Solzhenitsyn
    · Share on FacebookShare on Twitter
  • motorhead43026
    motorhead43026 Posts: 3,995
    ^^^^^sure and so are labor and health care costs. Which are much bigger drivers of the price of goods than gas or oil.
    Especially considering that the average price of a barrel of oil the last 4 years is about 15 % more than it was the previous
    3 years. I did not include 2020 as that was a total shet show as we all know.

    To blame the present level inflation on just gas and oil prices is too simplistic and easy. And don’t get me started on price gouging.

    With all due respect.

    Patriotism is the last refuge of a scoundrel…….Samuel Johnson

    Since we don’t know where we are going we have to stick together in case someone gets there….Ken Kesey

    To learn who rules over you, simply find out who you are not allowed to criticize.
    – Kevin Alfred Strom
    · Share on FacebookShare on Twitter
  • Toolfan66
    Toolfan66 Posts: 17,979
    Gas never goes up or down for me. I give them $20.00 and put $20.00 in every time. You guys should move..
    · Share on FacebookShare on Twitter
  • daddyjt
    daddyjt Posts: 3,029
    I re-read my last post, and I don’t see where I blamed “all” inflation on oil prices, or discounted the impact of labor or healthcare - all due respect.

    That said, the thing that oil, labor and healthcare costs all have in common is this: Once government gets involved, costs skyrocket and supply dwindles.
    “Human beings are born with different capacities. If they are free, they are not equal. And if they are equal, they are not free.”
    ― Aleksandr Solzhenitsyn
    · Share on FacebookShare on Twitter
  • motorhead43026
    motorhead43026 Posts: 3,995
    Toolfan66 wrote: »
    Gas never goes up or down for me. I give them $20.00 and put $20.00 in every time. You guys should move..

    Now this is the funniest reply I have heard in a long time.

    Patriotism is the last refuge of a scoundrel…….Samuel Johnson

    Since we don’t know where we are going we have to stick together in case someone gets there….Ken Kesey

    To learn who rules over you, simply find out who you are not allowed to criticize.
    – Kevin Alfred Strom
    · Share on FacebookShare on Twitter