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Old 09-13-2008, 07:40 AM   #15
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We are supposed to be hitting the road in two weeks for the West coast with our trailer, this may put a crimp in those plans. At the very least, I think it firms up my choice to go up to I-40 and across the country, rather than across I-10.
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Old 09-13-2008, 07:52 AM   #16
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Factor in inflation. $1.75 in 1973 is equal to over $8.00 now. I think you're getting a bargain.
Hi cameront120;
Inflation Factor was created by NAFTA and the opening of trade with China. I refuse to buy anything for my own use that is made in China.
If all of us felt that way, the inflation factor could not find a root in USA.
After all it is our money that put China on the market map. Thanks, "Boatdoc"
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Old 09-13-2008, 08:52 AM   #17
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Service stations in our town were crowded yesterday due to rumors I suspect. No price gouging was observed by us. Today may be another story and it'll be interesting to see if some pumps closed due to the rush.
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Old 09-13-2008, 09:42 AM   #18
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Last night our Sheetz gas station had huge lines and ran out of gas..... $3.65
Drove to Wal-Mart up the road, $3.89 a gallon, lines there too.

On the way home yesterday,the station below the house was $4.95 , have not checked this morning.

Dang...............



Don't tell me, every time we have a gulf storm prices will rise this fast!
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Old 09-13-2008, 09:55 AM   #19
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Hi cameront120;
Inflation Factor was created by NAFTA and the opening of trade with China. I refuse to buy anything for my own use that is made in China.
If all of us felt that way, the inflation factor could not find a root in USA.
After all it is our money that put China on the market map. Thanks, "Boatdoc"

So, there's no inflation without China? What about the difference in prices for goods over time before China came onto the scene?
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Old 09-13-2008, 04:21 PM   #20
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china goods!

I for one would rather pay triple the amount for a well made product than buying any of the crap from overseas.As tempting as is to buy one of Japanese cars,I as a union member cannot do it.we have sent our high paying automakers jobs overseas,everytime you buy one of those foreign cars or their products,you will elimate a future job for your kids.Fortunate for me I work for the railroad,they cant send that job anywhere.beleive me,if they could they would.
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Old 09-13-2008, 08:02 PM   #21
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My point was simple and had nothing to do with foreign made products. The fact is, the dollar in 1973 bought you more than it does now. The gallon of gas purchased for $1.75 then would cost you just over $8.00 now. In that light, $5.00 a gallon is a bargain.
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Old 09-13-2008, 08:41 PM   #22
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fuel

We're back to being glad we drive a diesel. Diesel prices have gone down and there is no shortage of it in our area. During the summer our diesel was parked and we drove our gas vehicle. Now we've parked the gas and are using the diesel.

I tried to go a week and not buy any products made in China. I couldn't believe how hard it was.

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Old 09-13-2008, 10:21 PM   #23
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Wow, we're sorry for your misfortune but we finally have cheaper fuel in CA than the rest of the US. Saw diesel for $3.98 today, 20 cents cheaper than last week and filled up the Cherokee for $3.67 for regular!


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Ike is just off shore and coming in tomorrow.

This morning on the Atlanta news a story about 10 gallon limits in North and South Carolina.

In talking with my wife about this she mentioned that there were at least 35 cars lined up at Walmart last night to get gas.

We looked at each other, put on our shoes, grabbed fuel cans, one diesel, two gas, and headed out to fill up the pilot and the cans.

We needed some breakfast, so "let's go to the pilot truck stop where they have Mickey D's."

Wow, $3.54. That's how much it was at Walmart last night. Filled up the Pilot and got 1 and a half can filled and hit the $75 pump limit. Tried to reset the pump; but the computer was doing something weird. Ahhhh there it goes. Only need another couple of gallons to fill up the last can. Start it pumping again and while it is doing it's thing, I looked over at the price. $3.99 Yes, $3.99

Went ahead and finished out the can. Wife went in to complain about what happened and there was a near riot going on. Seems folks that had prepaid at the lower price went out to pump and the price had skyrocketed. LOTS OF YELLING and irate folks.

Finished our business and drove to the Mickey D's for a burrito. The girl there, who had an inside knowledge track, as she talks to the Pilot folks 30 feet away, advised that by the end of the day it will be up to $5.09.

Whoa................
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Old 09-13-2008, 10:34 PM   #24
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This I why i live in Colorado... All I have to worry about is snow....
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Old 09-14-2008, 05:31 AM   #25
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And Exxon Mobil will try to keep it quite, but it is public record and the beans will spill.... profits in the billions every quarter. Billions in net profit. After everyone is paid, after the corporate jets have flown execs all over the world, bonuses have been payed, and everything else has been paid for, profits in the billions each and every quarter.

Oh yeah, the buy American comment... good luck. I drive a Dodge 1500, American truck right? Wrong, 25 % of the parts were made in America. The rest of the parts were made in Canada and Mexico and it was assembles in Mexico. Now my wife's Japanese Honda... 89% made in America.

Just because it is made in America, does not assure it is a quality product. I am a woodworker, my number one criteria for a new tool purchase is quality, I buy the best so that I will not have to replace it. There are some tools made here in America, I wish they were half as good as the German ones I buy instead.
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Old 09-14-2008, 08:34 AM   #26
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Well, today here where we live the only gas available is regular. It is $4.99 per gallon! Nobody is on the road, it looked like a ghost town last night!!
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Old 09-14-2008, 08:47 AM   #27
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Quote:
Originally Posted by cameront120 View Post
My point was simple and had nothing to do with foreign made products. The fact is, the dollar in 1973 bought you more than it does now. The gallon of gas purchased for $1.75 then would cost you just over $8.00 now. In that light, $5.00 a gallon is a bargain.
Hi cameront120;
I did not mean to argue with your posted rate of inflation. Inflation is driven by many factors, one being the decreasing demand for our product in the world market. The reason for it is the fact that the more choice in the available product, the less chance for our product to be purchased. This very true with product which sustains our life itself. Any country with good soil can grow most foods. The difference is in the cost of production, such as price of land itself and the cost of labor to produce it. The more available product the more price competition, as producers grasp for largest share of the market. Third world countries are much less capable to produce durable goods. This is where we have excelled so far. It was our developed technology which cost us a lot and for which we have paid for, by buying those durable goods. When our manufacturers take this developed by us technology for which we have already paid for, into a third world country where labor costs five percent of that of ours, here is what happens. Despite free and developed technology the quality drops due to untrained worker. Cost of production drops sharply with cheap unskilled labor, and now the companies based on US soil begins to feel the pain of the competition. At labor rate ratio at ten to one, the factories on US soil fail.
The more US manufacturers move out of US, the harder we fall. If our product is not in demand because there is more choice available, our product is being devalued by necessity to compete in the world market. Why should the OPEC countries buy our durable goods at a higher price if they have a choice to buy it somewhere else cheaper. Why should they not quadruple the price of the oil which we need? They can, because they are not depended on our product which can buy elsewhere cheaper. They do not need us anymore, so we get socked in the face. Chinese product is not a quality product, but this equation is often driven by factors which surround it.
One of the factors in purchase is price, especially when money is not at hand to buy a better product. We are only interested in three things, PRICE, PRICE and PRICE, so we buy the foreign made junk and in this process we kill our companies on US soil. More and more workers are laid off while they still have to feed their families, so we buy Chilean fruit and build Chile. We make most automobile parts in Mexico and build Mexico. We buy everything Chinese and build China so that they can lend us our own money which they got from us. What do you think is going to happen when they perfect the technology and skills?. They are not going to need us at all. I never said that China alone is the single cause of inflation which has been going on last forty years and at rather alarming rate.
It is our own fault and now we reap what we have sowed. I am glad that you are happy about $5.00 per gallon bargain, but I suggest you stop burring your face in the sand, and look much deeper into reality before our trade bucket is totally empty. I better quit before I get upset even more than I already am. Thanks, "Boatdoc"
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Old 09-14-2008, 09:39 AM   #28
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Quote:
Originally Posted by cameront120 View Post
My point was simple and had nothing to do with foreign made products. The fact is, the dollar in 1973 bought you more than it does now. The gallon of gas purchased for $1.75 then would cost you just over $8.00 now. In that light, $5.00 a gallon is a bargain.
Using that same logic, current oil price would be $450 per barrel to equal the $100 1973 price. We're getting screwed at the pumps, inflation or not.
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