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How far to the top.?

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Bendee

02-28-2008 22:34:35

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Noticed oil has now reached $US102.59 a barrel,Up a couple of bucks.
Your $ dropping,may be the cause.

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Old Roy agiin

02-29-2008 22:28:27

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Re: How far to the top.? in reply to Bendee, 02-28-2008 22:34:35

Go to Google maps Pick a local busness, you will see gas prices highest and lowest 4.14 Hawiwi 2.52 rainbowcity Ala.

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RobMD

02-29-2008 09:44:13

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Re: How far to the top.? in reply to Bendee, 02-28-2008 22:34:35

Let's Go ahead and raise the price to $150 bucks a barrel. Let's self-destruct.

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Verniee

02-29-2008 09:45:37

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Re: How far to the top.? in reply to RobMD, 02-29-2008 09:44:13

We don't set the price of oil. The world market does.

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noncompos

02-29-2008 07:16:12

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Re: How far to the top.? in reply to Bendee, 02-28-2008 22:34:35

I remember a political cartoon from the Reagan years--Reagan and Tip O'Neill (didn't Tip get hung up on money charges??) were arguing. Reagan was yelling "Borrow, Borrow, Borrow, Spend!!" and O"Neill was yelling "Tax, Tax, Tax, Spend!!"...
What a world.

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greygoat

02-29-2008 07:03:10

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Re: How far to the top.? in reply to Bendee, 02-28-2008 22:34:35

My dad used to claim that, in the early 30s, he
was lucky to get $1 a day, loading a model A
ford dump truck by hand, with a shovel. And
gas was 25 cents a gallon.
That would make gas cheap today!, and how much do
we pay for bottled water?
I have to drink bottled water, due to high nitrates in the well, due to a 3000 sow hog farm
1 mile away, disposing of manure via a central
pivot irrigation system. (Western Wisconsin)

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Eddie M

02-29-2008 07:45:19

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Re: How far to the top.? in reply to greygoat, 02-29-2008 07:03:10

I tend to agree with you. But you forgot to mention all the people that pay five dollars for a cup of Starbucks coffee.

And why is gas cheaper here than in any other country?

Supply and demand dictates price, not the president. China is booming and so is India. They need a lot more commodities. That is why the price of cement and other building materials have gone up in price.

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HENRY E NC

02-29-2008 09:01:12

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Re: How far to the top.? in reply to Eddie M, 02-29-2008 07:45:19

That is also where our wheat is going. I just heard that flour mills are not going to have high gluten flour in a month or so and all these guys that waited to sell their wheat are going to help China and India both of which have a wheat shortage and will pay almost anything for it. Its way past me when american companies(WELL, MAYBE THE LARGE CONGLOMERATES ARENT CONTROLLED BY AMERICANS ANY MORE) will sell their products and leave their countrymen stranded. We are in for some big surprises in the next few years.

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Eddie M

02-29-2008 09:07:00

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Re: How far to the top.? in reply to HENRY E NC, 02-29-2008 09:01:12

.."China and India both of which have a wheat shortage and will pay almost anything for it. "

Farmers get more for their product now because there is a higher worldwide demand for it. Anybody in business will sell their products and services to the highest bidder.

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krm

02-29-2008 07:02:02

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Re: How far to the top.? in reply to Bendee, 02-28-2008 22:34:35

Dubya is picking up a little pocket change before
losing job next year and taking care of his big donars in Texas.

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greg b

02-29-2008 05:34:22

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Re: How far to the top.? in reply to Bendee, 02-28-2008 22:34:35

the reason the president didnt hear of 4 dollar gas is he was to busy giving our tax dollars to the people in africa

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hillbillyOH

02-29-2008 04:10:24

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Re: How far to the top.? in reply to Bendee, 02-28-2008 22:34:35

Ron Paul, who is about half a nut otherwise, is the only candidate speaking clearly and honestly to this issue.

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Tradititonal Farmer

02-29-2008 03:41:47

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Re: How far to the top.? in reply to Bendee, 02-28-2008 22:34:35

Don't be as concerned with price as much as with affordability. Much better for gas to be $5/gal with a job/income than $2/gal with no job/income.If the prices fall it means less demand which means there are a lot less people that can afford it most like because they don't have as much income.

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rrlund

02-29-2008 06:24:34

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Re: How far to the top.? in reply to Tradititonal Farmer, 02-29-2008 03:41:47

We were talking about that in the coffee shop the other day. The neighbor said in 1970 he had a new mobile home,a two year old car and two babies on a salary of $50 a week. I drove milk truck for $20 a day and I bought half the gas. Expenses are all relative to what you make.

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nor al

02-29-2008 03:37:01

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Re: How far to the top.? in reply to Bendee, 02-28-2008 22:34:35

Dubya claimed yesterday that he didn't know nothing about the gas prices going up anymore toward $4 per gallon.

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Kansas Cockshutt

02-28-2008 22:51:40

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Re: How far to the top.? in reply to Bendee, 02-28-2008 22:34:35

Hmmm, look at the commodity market too; heard talk of small banks busting... R word or still too early yet ?!?

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Bendee

02-28-2008 23:28:29

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Re: How far to the top.? in reply to Kansas Cockshutt, 02-28-2008 22:51:40

Wheat in particular,saw Tv last night .guru [your man] who predicted 1987 bust,says Benanke going wrong way..printing money..Interesting ideas..

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rrlund

02-29-2008 06:21:00

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Re: How far to the top.? in reply to Bendee, 02-28-2008 23:28:29

Printing money was what caused all of our problems in the 70s. Nixon,Ford and Carter all financed their deficits that way. Reagan was credited with turning things around with tax cuts. That WASN'T it. He stopped inflation and high interest by borrowing money instead of printing it. Trouble is,it was supposed to be temporary,until congress got a handle on spending. We all know how that turned out though,don't we?

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paul

02-29-2008 08:12:49

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Re: How far to the top.? in reply to rrlund, 02-29-2008 06:21:00

My state had a sales tax of 4% for years & years. The powers in office one year got an increase to 5% passed - they swore over & over it was just temporary to get through tough time, only 1 year - had a sundown date in it and everything, only going to be short term.

One year later, the sales tax was set at 6%. I guess they kept their promise, the 5% was only temporary.

We are at 7.5% now. State faces biggest buget crunch in years, they already are planning to add .3% tax for wildlife & artsy stuff if we vote for it, fuel tax increased 8.5 cents a gallon, it's all good news, and all temporary.

No worries, the govt will take care of you.

--->Paul

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rrlund

02-29-2008 09:57:36

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Re: How far to the top.? in reply to paul, 02-29-2008 08:12:49

Geez,you only pay 8.5 cents fuel tax? We pay 19 cents PLUS 6% sales tax on the fuel AND on the 19 cents fuel tax!

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JMS/.MN

02-29-2008 17:02:39

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Re: How far to the top.? in reply to rrlund, 02-29-2008 09:57:36

Perfect example of rumor, etc. read the post....the INCREASE is 8.5 cents. Frankly, I do not have a problem with that- we"ve had the same gas tax rate for 20 years in MN, inflation rears it"s ugly head, but it does exist, and our roads are crumbling..my personal opinion has nothing to do with the famous bridge collapse-

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