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Re: Why Has The Cost Of Gasoline Plummeted?
Posted: Fri Jan 16, 2015 6:56 pm
by chuck j
Hate to see oil prices go down , living in Texas it's not a good deal . The state economy will take a big hit . Do you remember the 80's ?
Re: Why Has The Cost Of Gasoline Plummeted?
Posted: Sat Jan 17, 2015 9:19 am
by Oldgringo
Texas_Blaze wrote:Oldgringo wrote:
What/who is KSA?
Kingdom of Saudia Arabia
So, I reckon that's why the current POTUS opposes the Keystone project?
Re: Why Has The Cost Of Gasoline Plummeted?
Posted: Sat Jan 17, 2015 10:06 am
by sjfcontrol
When I filled up the other day, I got $1.25 off the pump price due to Kroger points and using a Kroger credit card to pay with. I filled up for 58.9ยข per gallon. Spent just under $11.00 to fill my tank.
Re: Why Has The Cost Of Gasoline Plummeted?
Posted: Sat Jan 17, 2015 10:22 am
by rbwhatever1
I believe we are back to pre crash "federal money printing Keynesian economic manipulation" levels. I also believe that "Quantitative Easing" ended in October of last year and the underlying economy is still crashed. I also believe that without continued monetary misallocation of resource policies of the Feds we will all see the continued economic decline towards sustainability and the real economy will emerge once again. Which will not be very good. QE 4 anyone?
Yes. I'm crazy...
Re: Why Has The Cost Of Gasoline Plummeted?
Posted: Sat Jan 17, 2015 1:29 pm
by tomtexan
That graph is dated to several years in the future.
It should be labeled "Crude Oil Price History and Future"
Re: Why Has The Cost Of Gasoline Plummeted?
Posted: Sat Jan 17, 2015 1:52 pm
by The Annoyed Man
tomtexan wrote:That graph is dated to several years in the future.
It should be labeled "Crude Oil Price History and Future"
The one I'm looking at (2 posts above mine), it terminates at December 2014. Isn't that a month in the
past?
Re: Why Has The Cost Of Gasoline Plummeted?
Posted: Sat Jan 17, 2015 2:14 pm
by rbwhatever1
Yeah it's year over year and graph is correct. Typo in heading shows 2104. This one is adjusted for inflation back to 1946..
Re: Why Has The Cost Of Gasoline Plummeted?
Posted: Sat Jan 17, 2015 2:33 pm
by Jim Beaux
george wrote:With the price of oil down, it won't be long before they start talking about a state income tax again.
And the pirates just recently got their paws on the Texas rainy day fund.
Re: Why Has The Cost Of Gasoline Plummeted?
Posted: Sat Jan 17, 2015 7:42 pm
by tomtexan
The Annoyed Man wrote:tomtexan wrote:That graph is dated to several years in the future.
It should be labeled "Crude Oil Price History and Future"
The one I'm looking at (2 posts above mine), it terminates at December 2014. Isn't that a month in the
past?
You might want to take a second look.
