Sith_Mauler
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Gasoline prices could soon hit $4 a gallon, a threshold they haven't flirted with since last spring.
The average price paid by U.S. drivers for a gallon of regular now stands at $3.52, according to the U.S. Energy Information Administration, which released its latest figures this afternoon. That price represents an increase of 0.04 percent from a week ago and 0.38 percent from a year ago.
Experts expect prices to spike another 60 cents or more, with the $4 mark being touched—or exceeded—sometime this summer, probably by Memorial Day weekend, the peak of the summer driving season. The last time the U.S. saw $4 gasoline was back in the summer of 2008.
http://abcnews.go.com/Business/gas-hit-dollars-gallon/story?id=15574151#.TzpcKVHh3IU
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winga
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Okay...
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Sith_Mauler
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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winga posted:
Okay...
I am not ok spending $4 per gallon as a new average gas price.
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winga
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Then don't drive?
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Sith_Mauler
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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winga posted:
Then don't drive?
I have to work and I would like to finish college since I am in my jr year and where I live public transportation doesn't exist.
Plus never mind the fact I see my kids once a month and thats a 4 hour drive away.
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Aerlinthian
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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winga posted:
Then don't drive?
You're catching on. Look up Agenda 21.
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Brother_Tempus
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Interesting to know that a dime from 1925 could purchase a gallon of gas then and if melted now, still can purchase a gallon of gas.
Just shows you that the problem is not the price of gasoline but the debasement of the currency that has led to gas being "so expensive"
If we allowed people to use gold and silver instead of government monopoly money .. gas would be 10 cents a gallon again.
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Dwaveran
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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hey BT is back!
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FunTak
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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I dont understand this whole thing. Why are these oil companies allowed to profit so much off of this? Oil hasn't gone up but speculation has driven the price of fuel at the pumps through the roof. How come my meaningless salary is being used to line the pockets of people who already have more money than they know what to do with when I can barely afford food, let alone education? As silly as it sounds, someone as simple as oil pushes us farther and farther away from having middle classes. Won't be long until its just the Upper class and the Welfare class.
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jeune
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Brother_Tempus posted:
Interesting to know that a dime from 1925 could purchase a gallon of gas then and if melted now, still can purchase a gallon of gas.
Just shows you that the problem is not the price of gasoline but the debasement of the currency that has led to gas being "so expensive"
If we allowed people to use gold and silver instead of government monopoly money .. gas would be 10 cents a gallon again.
How is the government preventing you from using gold and silver? Seems like purchasing gas is a private transaction between 2 individuals... sounds like you need to have a talk with your gas station instead of trying to get the govt involved in everything.
Stop using the govt to try and push your ideology on everyone else BT... the govt needs to stop growing.
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Brother_Tempus
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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jeune posted:
Brother_Tempus posted:
Interesting to know that a dime from 1925 could purchase a gallon of gas then and if melted now, still can purchase a gallon of gas.
Just shows you that the problem is not the price of gasoline but the debasement of the currency that has led to gas being "so expensive"
If we allowed people to use gold and silver instead of government monopoly money .. gas would be 10 cents a gallon again.
How is the government preventing you from using gold and silver?
section 5103 of title 31 of the US Code
sections 486 & 489 of title 18 of the US code
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regulator_cracka
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Odd, we still have not hit the all time highs, with the possible exception of inflation rated 70s oil crisis years, that we did during the bush years.
Praise Obama!
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jeune
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Brother_Tempus posted:
jeune posted:
Brother_Tempus posted:
Interesting to know that a dime from 1925 could purchase a gallon of gas then and if melted now, still can purchase a gallon of gas.
Just shows you that the problem is not the price of gasoline but the debasement of the currency that has led to gas being "so expensive"
If we allowed people to use gold and silver instead of government monopoly money .. gas would be 10 cents a gallon again.
How is the government preventing you from using gold and silver?
section 5103 of title 31 of the US Code
sections 486 & 489 of title 18 of the US code
1st code says that congress is able to designate currency and it is legal tender... that is their power under article 1 section 8 of the U.S. constitution.
your next 2 sections say that you are not allowed to counterfeit any legal currency (AKA cannot make a coin that looks like legal tender). This is another power of congress under article 1 section 8.
It says nothing about contracts between 2 private individuals.
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Someguy.
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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http://www.coinflation.com/silver_coin_values.html
According to that site a silver dime from 1925 (which was actually 10% copper) would be worth $2.44 today. So it wouldn't quite buy a gallon of gas. Both silver and oil are commodities and their values can fluctuate relative to one another. Just switching to the gold/silver standard can't possibility guarantee that the price of oil will never go up. If the demand for oil goes up and the supply of oil goes down the price is going to go up relative to whatever currency you use.
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Brother_Tempus
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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jeune posted:
Brother_Tempus posted:
jeune posted:
[quote=Brother_Tempus]Interesting to know that a dime from 1925 could purchase a gallon of gas then and if melted now, still can purchase a gallon of gas.
Just shows you that the problem is not the price of gasoline but the debasement of the currency that has led to gas being "so expensive"
If we allowed people to use gold and silver instead of government monopoly money .. gas would be 10 cents a gallon again.
How is the government preventing you from using gold and silver?
section 5103 of title 31 of the US Code
sections 486 & 489 of title 18 of the US code
1st code says that congress is able to designate currency and it is legal tender... that is their power under article 1 section 8 of the U.S. constitution.
your next 2 sections say that you are not allowed to counterfeit any legal currency (AKA cannot make a coin that looks like legal tender). This is another power of congress under article 1 section 8.
It says nothing about contracts between 2 private individuals.[/quote]
you are either not reading all if it or you dare deliberately lying ... I am going to go with the latter
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regulator_cracka
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b_t, when does your episode of Doomsday Preppers air?
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Brother_Tempus
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Someguy. posted:
http://www.coinflation.com/silver_coin_values.html
According to that site a silver dime from 1925 (which was actually 10% copper) would be worth $2.44 today. So it wouldn't quite buy a gallon of gas. Both silver and oil are commodities and their values can fluctuate relative to one another. Just switching to the gold/silver standard can't possibility guarantee that the price of oil will never go up. If the demand for oil goes up and the supply of oil goes down the price is going to go up relative to whatever currency you use.
take away the taxes on gas that did not exist in 1925 and where does the price fall to?
your obtuseness is noted
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Akza
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Gas is 3.14/gallon here.
I think it's a pretty reasonable cost.
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jeune
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Brother_Tempus posted:
you are either not reading all if it or you dare deliberately lying ... I am going to go with the latter
No you are making logical jumps that make zero sense.
You buy gas from a gas station. This is a contract between 2 people. The owner of the gas can take whatever he wants for it. If he wants to take a dime from 1919 for a gallon of gas that is his business.
He may have to take U.S. dollars but that does not stop him from taking gold/silver.
You pretty much want to grow the government for an entitlement that would benefit you. You want the government to force people to accept gold/silver at a super inflated rate because you are invested in it.
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Brother_Tempus
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Akza posted:
Gas is 3.14/gallon here.
I think it's a pretty reasonable cost.
reasonable because?
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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jeune posted:
Brother_Tempus posted:
you are either not reading all if it or you dare deliberately lying ... I am going to go with the latter
No you are making logical jumps that make zero
no you are a liar, the last 2 sources go I provided go beyond the use of counterfeit, it prohibits any use of gold and silver
you are just like Cutt, when reality and fact disprove your ideological POV you just lie and hope that it will stick
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regulator_cracka
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Brother_Tempus posted:
you are just like Cutt,
No one, NO ONE, is just like Cutt! No one! 
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jeune
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Brother_Tempus posted:
no you are a liar, the last 2 sources go I provided go beyond the use of counterfeit, it prohibits any use of gold and silver
you are just like Cutt, when reality and fact disprove your ideological POV you just lie and hope that it will stick
No you are trying to make logical leaps... it says nothing about gold or silver being used in a transaction... You are trying to throw the U.S. constitution under the bus again for your ideology.
Only congress is allowed to make legal tender... this is to prevent a state from making their own currency and disrupting commerce throughout the nation because no uniform value... push for a constitutional amendment for you to mint your own currency/ find someone to trade gas for gold.
Section 486 of title 13
"Whoever, except as authorized by law, makes or utters or passes, or attempts to utter or pass, any coins of gold or silver or other metal, or alloys of metals, intended for use as current money, whether in the resemblance of coins of the United States or of foreign countries, or of original design, shall be fined under this title (!1) or imprisoned not more than five years, or both. "
Section 489 of title 13
"Whoever, within the United States, makes or brings therein from any foreign country, or possesses with intent to sell, give away, or in any other manner uses the same, except under authority of the Secretary of the Treasury or other proper officer of the United States, any token, disk, or device in the likeness or similitude as to design, color, or the inscription thereon of any of the coins of the United States or of any foreign country issued as money, either under the authority of the United States or under the authority of any foreign government shall be fined under this title."
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Brother_Tempus posted:
Akza posted:
Gas is 3.14/gallon here.
I think it's a pretty reasonable cost.
reasonable because?
the price includes sales tax and all the other taxes. so it's like <2.99/gallon which is the same as milk plus funding for repairing roads.
i do agree the price of oil should be lower.. maybe around $60-70/barrel. But future contracts bork the supply/demand.
http://www.forbes.com/sites/robertlenzner/2011/05/14/exxon-mobil-ceo-says-oil-price-should-be-60-70-a-barrel/
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FunTak posted:
I dont understand this whole thing. Why are these oil companies allowed to profit so much off of this? Oil hasn't gone up but speculation has driven the price of fuel at the pumps through the roof. How come my meaningless salary is being used to line the pockets of people who already have more money than they know what to do with when I can barely afford food, let alone education? As silly as it sounds, someone as simple as oil pushes us farther and farther away from having middle classes. Won't be long until its just the Upper class and the Welfare class.
whats not to understand ? they own our politicians therefore they play the game off of their rules.
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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jeune posted:
[quote=Brother_Tempus]The owner of the gas can take whatever he wants for it.
not so in pennsylvania (at least), there station owners have to fair price it, not a certain % below or above the area average
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Ah-Schoo
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Brother_Tempus posted:
when reality and fact disprove my ideological POV I just lie and hope that it will stick
Yup.
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AliHajiSheik
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Brother_Tempus posted:
Someguy. posted:
http://www.coinflation.com/silver_coin_values.html
According to that site a silver dime from 1925 (which was actually 10% copper) would be worth $2.44 today. So it wouldn't quite buy a gallon of gas. Both silver and oil are commodities and their values can fluctuate relative to one another. Just switching to the gold/silver standard can't possibility guarantee that the price of oil will never go up. If the demand for oil goes up and the supply of oil goes down the price is going to go up relative to whatever currency you use.
take away the taxes on gas that did not exist in 1925 and where does the price fall to?
your obtuseness is noted
Where exactly do you keep these notes?
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Tipztoe
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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this has been a very mild winter and I've used half the heating oil I did last year. So why is heating oil floating around 4 bucks a gallon?
why you not work suppry demand?
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Reapist
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Brother_Tempus posted:
Someguy. posted:
http://www.coinflation.com/silver_coin_values.html
According to that site a silver dime from 1925 (which was actually 10% copper) would be worth $2.44 today. So it wouldn't quite buy a gallon of gas. Both silver and oil are commodities and their values can fluctuate relative to one another. Just switching to the gold/silver standard can't possibility guarantee that the price of oil will never go up. If the demand for oil goes up and the supply of oil goes down the price is going to go up relative to whatever currency you use.
take away the taxes on gas that did not exist in 1925 and where does the price fall to?
your obtuseness is noted
BT is being obtuse and accusing someone else of it......probably not a first.......or last.
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-Mithan-
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So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Ignore BT's bulls*** and go educate yourselves.
http://www.measuringworth.com/uscompare/
Yes, gas was cheap in those years. Average US wage was about $1300 a year as well and people worked about 15 hours more a week than they do now. They also spent about 35% of their income on food as opposed to be about 5-7% today.
The number of people who owned cars was also a lot less and oil was a lot cheaper to produce back then.
Get a clue.
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Reapist
Title: Official ACF HIOFI Poster
Posts:
74,991
Registered:
Dec 20, '01
Extended Info (if available)
Real Post Cnt: 74,235
User ID: 559,475
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Subject:
So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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I've been ignoring him for yeas Mith. The only reason he does it here is because if he does it to the faces of people he knows he will get laughed at.
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pkhere: Jebus sometimes you make my arse tired.
Referring to illegal aliens as 'immigrants' is the same as referring to shoplifters as 'shoppers' - Dorvinion
I'd feel bad for Satriani but he got himself into it. - allmightybob_MLF
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