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Author Topic: prices going through the roof again Back to Topics
kiatoindos

Champion Author
Chicago

Posts:2,240
Points:497,900
Joined:Dec 2012
Message Posted: Jul 7, 2013 7:41:34 PM

I'm in Massachusetts checked back in Chicago went up 50 cents plus in one day checked route back to Chicago all way up is this politics or what big difference in a 1000 miles!!!!!!!!!
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MarkJames
Champion Author Albany

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Points:44,220
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Message Posted: Jul 12, 2013 8:21:08 AM

Most of the vehicles I sell to young drivers are well over 5 years old.

It's not just the cost of gas that's hurting them but the costs of insurance, maintenance, repairs, inspections, tickets, towing, impound fees, tolls, parking etc, plus skyrocketing living costs -rents, heating oil, propane, property taxes, daycare etc.

To add insult to injury many are unemployed, under-employed and drive further and further to find work.

Many young drivers are credit risks, so in addition to paying a small fortune in insurance, maintenance and repair costs, many pay high dealer markup and/or high interests rates.

Just last week we had a worker (currently taking taxis to work) inform us they may be quitting as they can't afford to buy another vehicle. Their insurance alone is $1,400 per year. Their landlord just raised their rent by $150 per month.
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kiatoindos
Champion Author Chicago

Posts:2,240
Points:497,900
Joined:Dec 2012
Message Posted: Jul 12, 2013 6:27:29 AM

Now we have shortage of oil at refineries but are exporting record amounts of oil what's wrong with this picture?
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gocatgo
Champion Author South Carolina

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Message Posted: Jul 9, 2013 5:39:21 PM

So when do prices not soar in the summer? Btw if demand drops a little, Big oil will just cut gasoline production back to get prices up and it's all nice and legal like.
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worryfree
Champion Author Twin Cities

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Message Posted: Jul 9, 2013 4:14:10 PM

EGYPT
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noseatbelt
Champion Author Indiana

Posts:8,133
Points:212,590
Joined:Feb 2004
Message Posted: Jul 9, 2013 4:04:46 PM

Now, you know there is no inflation, in energy, and food, just ask our government.

LOL, I would have killed for a five year old car when I was a teenager, The old 55 was 13 years old when I got it. I have never bought a car less then 10 years old. I did buy a new pu truck in 78, kept it for 30 years.
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michaelphoenix2
All-Star Author Tucson

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Message Posted: Jul 9, 2013 3:41:34 PM

"The sad thing is, when I first started driving, I had a 55 chevy, and five bucks would fill it with a little change back. Now five bucks won't fill my lawn tractor."


Im assuming a teenage driver is buying at least a 5 year old car. $5 in 1960 dollars is $39.35 in 2013 dollars.


Per the US gov inflation calculator


Not too much of a difference actually. If i run my car all the way down its about $40-$50.
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noseatbelt
Champion Author Indiana

Posts:8,133
Points:212,590
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Message Posted: Jul 9, 2013 2:31:01 PM

The sad thing is, when I first started driving, I had a 55 chevy, and five bucks would fill it with a little change back. Now five bucks won't fill my lawn tractor.
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PopcornPirate
Champion Author New Jersey

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Points:1,501,280
Joined:Nov 2006
Message Posted: Jul 9, 2013 9:25:02 AM

Cheapest I paid Sunday 7-7-13 was $3.199
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MarkJames
Champion Author Albany

Posts:2,609
Points:44,220
Joined:Feb 2008
Message Posted: Jul 9, 2013 8:30:35 AM

Paid $3.70 for 87 octane, $4.10 for 93 octane and $4.30 for diesel yesterday.

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kiatoindos
Champion Author Chicago

Posts:2,240
Points:497,900
Joined:Dec 2012
Message Posted: Jul 9, 2013 8:12:53 AM

Going down again I give up
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johnnyg1200
Champion Author St. Louis

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Points:1,210,565
Joined:May 2011
Message Posted: Jul 8, 2013 11:41:30 AM

We got down to 3.00 at some stations this weekend and now we are seeing 3.25 again today.
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gocatgo
Champion Author South Carolina

Posts:18,904
Points:3,104,485
Joined:Apr 2006
Message Posted: Jul 8, 2013 11:27:51 AM

Yesterday I posted $3.11 as the lowest price. The highest price was $3.19 and the 2 stations were within sight of one another. Prices however are subject to immediate change. Btw what does this have to do with politics?

[Edited by: gocatgo at 7/8/2013 11:28:47 AM EST]
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