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I did, because gas was cheap back then. Seems relevant, since this thread is about gas prices.
But you said you struggled to afford it. My point was that gas bills were an afterthought when it was so cheap. I drive a gas guzzler but $400 a month for stupid errands 3-8 miles away and for my zen which is driving each day for a little while and checking out real estate (also close to home) is just crazy.
Originally Posted by LeX2K
Remember when a pay phone was a dime and then it went up to a quarter?
What is the point of this story other than the cost of a pay phone call and both gasoline rose over 100% at one point??
Gas price will only continue to go up, it is a commodity that everyone needs, and it requires enormous investments and industries to produce. Fiat money is in freefall, and commodities only become more valuable, energy first and foremost. Double digit prices are coming soon.
Gas price will only continue to go up, it is a commodity that everyone needs, and it requires enormous investments and industries to produce. Fiat money is in freefall, and commodities only become more valuable, energy first and foremost. Double digit prices are coming soon.
I wouldn't go that far, but I do believe it will get worse before better unfortunately.
Lol okay? I was just stating facts. Has or has not the price of gasoline risen by 100%? It won't stay like this forever but yeah $5 gas is here for a while.
Lol okay? I was just stating facts. Has or has not the price of gasoline risen by 100%? It won't stay like this forever but yeah $5 gas is here for a while.
I'm not arguing with you.
Someone explain inflation from this perspective there is only so much wealth out there so when people pay more for everything the money doesn't go into a black hole it ends up somewhere. At some point this money will be put back into the economy, no? Or is it ending up in the hands of the uber wealthy never to be seen again? On a more micro level same thinking, in the stock market so many people are selling you'd think eventually that cash will be flooded back into the markets.
I took this picture in WV a couple weeks ago. There’s an old Gas station in town that is now a store but the old gas sign is still up. Station hasn’t been open in 30 years. Gas has always been a little higher there because of the cost to get it there. Check it out:
Gas price will only continue to go up, it is a commodity that everyone needs, and it requires enormous investments and industries to produce. Fiat money is in freefall, and commodities only become more valuable, energy first and foremost. Double digit prices are coming soon.
I’m looking forward to $10 per gallon. Can’t wait until the economy collapses. Things are looking good.
Someone explain inflation from this perspective there is only so much wealth out there so when people pay more for everything the money doesn't go into a black hole it ends up somewhere. At some point this money will be put back into the economy, no? Or is it ending up in the hands of the uber wealthy never to be seen again? On a more micro level same thinking, in the stock market so many people are selling you'd think eventually that cash will be flooded back into the markets.
Can you say Rothschilds, Bilderbergers and Rockefellers. That’s where all the money goes.
Gas price will only continue to go up, it is a commodity that everyone needs, and it requires enormous investments and industries to produce. Fiat money is in freefall, and commodities only become more valuable, energy first and foremost. Double digit prices are coming soon.
Originally Posted by AJT123
I wouldn't go that far, but I do believe it will get worse before better unfortunately.
Not sure about everything else but yeah commercial electricity is already planned to be doubled. EV will not be as a bargain after all.
06-17-22, 02:50 PM
I don't know it was that cheap back then but I was paying around or less than $1 in 90s.