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(ABC 27)   Wholesale costs fall for the third straight month mainly because of "cheap" gas. This word they use, I do not think it means what they think it means   (abc27.com ) divider line
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698 clicks; posted to Business » on 15 Dec 2013 at 3:01 PM (2 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



20 Comments     (+0 »)
 
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2013-12-15 10:49:26 AM  
"Cheaper" not "cheap"
 
2013-12-15 10:50:10 AM  
Thanks Obama
 
2013-12-15 12:50:39 PM  
I remember cheap gas.  I was paying 27 cents a gallon.

Thanks, Yom Kippur!
 
2013-12-15 02:41:19 PM  
I have a good friend in Sweden, they pay about twice what we pay in the states, and from what I understand that's pretty typical in most European nations.  So I really can't complain.
 
2013-12-15 02:45:19 PM  

nekom: I have a good friend in Sweden, they pay about twice what we pay in the states, and from what I understand that's pretty typical in most European nations.  So I really can't complain.


They also don't have $368 billion highway bills.  The gas taxes pay for the roads.
 
2013-12-15 03:32:39 PM  

Marcus Aurelius: nekom: I have a good friend in Sweden, they pay about twice what we pay in the states, and from what I understand that's pretty typical in most European nations.  So I really can't complain.

They also don't have $368 billion highway bills.  The gas taxes pay for the roads.


Hey I'm not arguing with their ways at all.  Lagom and the freedom to roam are amazing concepts, and we could learn a lot from them.  Just saying I don't mind cheap gas.
 
2013-12-15 03:42:56 PM  
http://inflationdata.com/inflation/images/charts/Oil/Gasoline_inflatio n_chart.htm

Everything was always better in the past you imagine existed.
 
2013-12-15 03:45:13 PM  
Todays cost in the UK = $18.26 a gallon.

True, not $368 billion in highway bills here, but less people, less roads.  Cost per capita should be roughly the same surely?
 
2013-12-15 04:17:03 PM  
We should thank the 1% for taking all that extra income. Otherwise, the $80 billion dollars a month the Fed has been pumping onto the economy would be creating price inflation.

Or something.
 
2013-12-15 05:40:50 PM  

WebVoodoo: Todays cost in the UK = $18.26 a gallon.


Adjusted for inflation, it's also cheaper now than when it was a quarter a gallon.

If it was free, people would biatch that they weren't paid to take it away.
 
2013-12-15 05:53:06 PM  
It's still a helluva lot cheaper than it is in many, many other parts of the world.

/firstworldproblems
//yes, I know way too many people are still hurting in America today, and I wish I could do more to help them.
 
2013-12-15 06:04:12 PM  
Seeing as it was approaching $4 a gallon and now it's under $3 (currently $2.90 here) yeah, Id say it's cheap.
 
2013-12-15 07:15:46 PM  
Does that include the price of all our Middle East wars?
 
2013-12-15 07:20:26 PM  

WebVoodoo: Todays cost in the UK = $18.26 a gallon.

True, not $368 billion in highway bills here, but less people, less roads.  Cost per capita should be roughly the same surely?


How do you come up with that?  Checking petrol prices in London and using the highest one listed, converting liters to gallons and then converting pounds to dollars I get just under $9.
 
2013-12-15 08:13:37 PM  

nekom: I have a good friend in Sweden, they pay about twice what we pay in the states, and from what I understand that's pretty typical in most European nations.  So I really can't complain.


high gasoline taxes are in place to discourage use of it.

some countries have excise taxes on new car purchases in addition to value added taxes (Israel, Turkey & Norway come to mind), and have annual taxes based on CO2 emissions.
 
2013-12-15 08:15:11 PM  

WebVoodoo: Todays cost in the UK = $18.26 a gallon.


Yeah I don't think I'd like a $500 bill to fill up.  One more reason why Europe sucks
 
2013-12-15 08:49:30 PM  

Smeggy Smurf: WebVoodoo: Todays cost in the UK = $18.26 a gallon.

Yeah I don't think I'd like a $500 bill to fill up.  One more reason why Europe sucks


You have a 27 gallon gas tank?
 
2013-12-15 08:50:48 PM  

Smeggy Smurf: WebVoodoo: Todays cost in the UK = $18.26 a gallon.

Yeah I don't think I'd like a $500 bill to fill up.  One more reason why Europe sucks


You wouldn't drive as much in (western) Europe and larger Eastern cities like Moscow and Prague...

Google public transportation. You don't need a car in Europe unless you live in the boonies in an underdeveloped country.

Also the women are prettier, the booze is cheaper, the clubs stay open later, you have a social safety net (western europe, scandinavia), you can fly to Ibiza and get completely bombed for $50-$100 on Ryanair...

Are you trolling or just an ignorant american who watches fox news? But I repeat myself.
 
2013-12-15 09:20:37 PM  

nekom: Marcus Aurelius: nekom: I have a good friend in Sweden, they pay about twice what we pay in the states, and from what I understand that's pretty typical in most European nations.  So I really can't complain.

They also don't have $368 billion highway bills.  The gas taxes pay for the roads.

Hey I'm not arguing with their ways at all.  Lagom and the freedom to roam are amazing concepts, and we could learn a lot from them.  Just saying I don't mind cheap gas.


No problemo, I have you favorited in the best color that's ever benzene.
 
2013-12-16 08:43:12 AM  

Marcus Aurelius: I remember cheap gas.  I was paying 27 cents a gallon.

Thanks, Yom Kippur!


Then they installed all those goddamned security cameras, right?
 
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