Re: GAS PRICES

Posted by Rudi on August 12, 2005 at 18:43:17 from (69.195.156.80):

In Reply to: GAS PRICES posted by FRANK on August 12, 2005 at 17:51:19:

Frank:

I was living in Los Angeles during the late 70's amid the artificial gas shortages that saw tankers dumping gas in the Mojave.. wow $0.70 and change a gallon and everybody was up in arms.

I waited for my gas on odd days - up at 3am to be in a gas line at 4am so I could get to work by 7am. Been there done that...

Now, I am back in Canada, have been for 25 years.. got used to the Government taking us off of the Gold Standard - letting the dollar seek its own market value against the US buck. Hey in 1977 I was getting $1.25 Canadian for every US dollar, now I am getting what -- $0.82 US...

Right now I am paying $1.07/litre Canadian for gas. There is 3.84 litres to a US gallon. That equates to oh lets see $4.1088 or $4.11/US gallon in Canadian funds or $3.37 roughly per gallon US.

Oh, and I am also on a pension.. very fixed and I still have 4 girls at home and 3 of them are in university. I have no health insurance so I have to pay for my prescriptions, glasses and dental just like y'all do stateside. The only thing I don't have to worry about is hospital bills. Thank God for that otherwise, after this past year I would be in major pooh....

I still get along. I get to play with my tractors, and still get to visit a lot of places. Granted I cannot afford to go to too many shows say 1,000 miles away, especially if I was to tow my tractors.. but we still get to enjoy all the stuff close to home.

I don't mean to rain on anyones parade, but you know - gas is cheaper today than it was 30 years ago. If you compare the ratio of what it took out of your paycheck to fill up the old bazoo back when, and what it costs now, it is quite a bit cheaper. It just seems more expensive cause the numbers are higher.

If I might make a suggestion.

Take it in stride. It is no big deal. Certainly nothing we as citizens can do. The only thing we can do is stay a little closer to home, visit with our tractor buddies near us, and hopefully, the big gas companies will find out that simple truth that the more you charge the less volume you get. The less volume, the less profit...

Pricies will drop.

Also, you got to wonder about these speculators --they are the ones that are driving the crude prices through the roof. Some fancy pants who has no spine, sees a hurricane and figures it will off production by so much... so he bids higher for crude - and like lemmings the rest follow. Suddenly, no hurricane... just a twit with a bad case of jitters. Same thing with the mid-east. There has not been a drop in output in many years, in fact there is almost a glut... prices should still be around $30.00US a barrel... but these fancy pants with no nerves are controlling the prices...

If they grew up a bit, got some backbone, we would all be better off.

Sorry for the soapbox, but sometimes I get a little antsy about this subject.

Everybody in the US is complaining about paying $2.50 gallon. Hey, it is still the cheapest fuel in the Industrialized world.

Europe is paying even more per litre than we in Canada are.

I just take everything one day at a time now.. and I find I get to enjoy my tractors and everything else a whole bunch more.

Keep smilin.. :-)

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