Home Mail MemberMap Chat (0) Wallpapers
Go Back   ChiefsPlanet > The GET IN MAH BELLY! Lounge

Reply
 
Thread Tools Display Modes
Old 04-23-2007, 08:40 AM   Topic Starter
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 
Join Date: Nov 2003
Location: 33.675° N 106.475° W
Casino cash: $146
Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab

http://www.bloomberg.com/apps/news?p...d=afOlUzd30YOo

Pretty alarmist, IMO, but possible.

April 23 (Bloomberg) -- Whether it's $50 to fill up your Prius or $130 for the Ford Expedition, $4-a-gallon gasoline is coming to a pump near you.

Fuel prices are rising at a pace not seen since Hurricanes Katrina and Rita knocked out a third of the U.S. oil refining industry in 2005. Gasoline consumption is climbing twice as fast as last year and will accelerate when summer travel begins late next month.

``What we're surprised by is the increased demand,'' said James Mulva, chief executive officer at ConocoPhillips, whose refineries from California to New Jersey produce 56 million gallons of gas a day, enough to meet 14 percent of the country's needs. ``Even though the price of gasoline is up, the demand is up,'' he said in an April 12 interview in Houston.

Population gains and U.S. economic growth are causing an increase in fuel purchases, according to Orlando, Florida-based AAA, the nation's largest organization for motorists. The U.S. economy will expand at a 2.4 percent annual pace in the second quarter, up from 1.8 percent in the first three months, according to the median estimate of 74 economists surveyed by Bloomberg. Gasoline use is rising almost 5 percent above the five-year average.

Americans are resigned to higher prices, says David Pursell, a principal with Pickering Energy Partners, a consulting firm in Houston.

``Last year, we had pump prices well over $3 for the summer and gasoline demand was up,'' Pursell said in an interview. ``Would $4 gasoline cause demand contraction? I think it will, but I also thought $3 gasoline would.''

Pump Prices

Gasoline inventories, measured by the days of demand they will cover, are at the lowest level in two decades for this time of year because of refinery fires, power failures and maintenance work oil companies failed to complete in 2006. No new U.S. refinery has been built in three decades, increasing the strain on existing plants.

Pump prices in the U.S. may increase to $4 a gallon from a nationwide average of $2.87 today, especially if hurricanes threaten Gulf of Mexico refineries, says Peter Beutel, an analyst at Cameron Hanover Inc. in Stamford, Connecticut, who helps industrial consumers manage energy costs.

``Hurricanes are always the huge wild card,'' said Beutel. ``We're all praying for a year like 2006 rather than 2005.''

The June-to-November Atlantic Ocean hurricane season may produce 17 tropical storms, with nine reaching hurricane force and four becoming major hurricanes whose winds exceed 111 miles per hour (179 kilometers per hour), London-based forecasters at Tropical Storm Risk said. Some of the storms will strike the Gulf Coast this year after a benign 2006, AccuWeather.com predicted.

Inflation Risk

Higher pump prices will make winners of refinery owners such as ConocoPhillips, San Antonio-based Valero Energy Corp. and Royal Dutch Shell Plc of The Hague. Shares of Valero and Sunoco Inc., whose only business is refining, are rebounding after a decline at the end of last summer.

The increase in fuel costs threatens to quicken inflation and restrain consumer spending in the U.S. An appreciation to $4 a gallon would add more than $10 for a driver who fills the 12- gallon tank of a Toyota Motor Corp. Prius. The owner of an Expedition, a Ford Motor Co. sport-utility vehicle with a 34- gallon capacity, faces an increase of almost $40.

Many Americans have no choice but to drive more, says Christopher Knittel, an economist who studies fuel consumption at the University of California in Davis.

More Commuters

``We live farther from our jobs than we did in the 1970s, and with the rise of dual-income households, we now have two people who drive those distances every day,'' Knittel said.

Consumers also do more driving for things such as taking children to soccer practice, which they are unlikely to quit, he said. The U.S. population has increased 1 percent a year in the past decade to 301 million in 2007, adding to demand for gasoline, economists said.

Rising fuel prices make it less likely that Federal Reserve policy makers, who have cited inflation risks for the past year, will cut interest rates to spur economic growth. Before the hurricane-induced peak in 2005, U.S. gasoline topped out at $1.42 a gallon in March 1981, or $3.21 when adjusted for inflation, according to the Energy Department.

Economies in Europe and Asia are less likely to be hurt by gasoline prices because fuel already is subject to high taxes designed to encourage conservation. A gallon of unleaded costs about 3.25 pounds a gallon ($6.49) in the U.K., and in Japan it's 130.3 yen per liter ($4.16 a gallon).

$4 Barrier

U.S. consumers will get little relief on gasoline prices from Europe this year, unlike 2005, when oil companies shipped more across the Atlantic after the hurricanes. Europe's gasoline inventories in February were 114.2 million barrels, down 11 percent from two years earlier, according to the International Energy Agency in Paris. The drop in Europe was almost twice the 5.7 percent decline in U.S. supplies in that time.

``Just as we used to think $3 a gallon was an impenetrable barrier, now it's $4,'' said Peter Morici, a professor at the University of Maryland School of Business in College Park and former chief economist for the U.S. International Trade Commission. Gasoline at $3.50 is likely, Morici said, and a conflict with Iran or any event that disrupts crude supplies may push it to $4.

Pump prices rose 33 percent in the past 11 weeks, the fastest rate of gain since a six-week, 34 percent rally to the record $3.069 in September 2005, Energy Department data show.

Bodman's `Worry'

U.S. Energy Secretary Samuel Bodman in an interview last week said the national average pump price could break the record this summer. While his agency's official forecast is for gasoline to peak next month at about where it is today, hurricanes, refinery closures or crude oil supply cuts may send prices higher, he said.

Higher prices are ``a legitimate worry,'' Bodman said. ``We have trouble spots all over the world'' that could boost crude oil prices. ``We're in a very tight situation.''

Spending on fuel in the U.S. consumes half as much household income as in the early 1980s, which means gasoline would need to reach almost $6 a gallon to have the same effect on the economy as in 1981, according to the Federal Reserve Bank of Dallas.

Storage tanks at U.S. refineries, terminals and ports hold enough gasoline to cover almost 22 days of domestic demand, 8.2 percent less than the five-year average and the lowest for this time of year since the 1980s, Energy Department figures show.

Shortages

Valero-owned filling stations in Denver and Colorado Springs, Colorado, ran dry after a Feb. 16 explosion and fire shut the company's McKee refinery in Sunray, Texas. A day earlier, a blaze at an Exxon Mobil Corp. plant in Nanticoke, Ontario, slashed output, resulting in shortages and higher prices across eastern Canada.

The McKee shutdown strained supplies so much that ConocoPhillips postponed maintenance at its Borger, Texas, refinery north of Amarillo to prevent shortages in the region.

``Refineries are becoming more complex,'' Mulva said in the Houston interview. ``What we're finding is it's more difficult keeping reliability up with more sophisticated pieces of equipment that are highly integrated.''

Tesoro Corp. of San Antonio, the second-largest refiner in the western U.S., said first-quarter refinery use dropped because oil companies delayed until this year maintenance that could have been done in 2006. The portion of U.S. refining capacity that was in operation in the first quarter declined to 87.3 percent from 88.9 percent a year earlier, according to Energy Department data.

`Refineries Blow Up'

``Prices will depend entirely on whether we have a couple of refineries blow up,'' said Philip K. Verleger, an economist who runs a consulting firm in Newport Beach, California. ``It's almost impossible we'll get to $4 a gallon if all the refineries run well this summer. But if something happens and there are problems, then anything's possible.''

The average share gain for Valero, Tesoro and six other oil-refining companies is 26 percent this year, outperforming the 4.1 percent gain for Exxon Mobil and a 4.7 percent increase for the Standard & Poor's 500 index.

The shares will continue to rally, said Paul Carlson, who helps manage $3 billion at HGK Asset Management in Jersey City, New Jersey.

``Refiners are doing very well these days,'' said Carlson, whose holdings include ConocoPhillips, the second-biggest U.S. refiner. ``There will be lots of demand for any new refining stocks.''

`Back in Favor'

As recently as August, investors were selling oil refiners on concern an economic slowdown would slash fuel demand in the U.S., the world's largest energy market. During seven weeks last August and September, Valero shares fell 29 percent, wiping out $12 billion in market value.

``Refining is very much back in favor,'' said Douglas Ober, who helps oversee $2.3 billion at Baltimore-based Adams Express Co. ``Even with higher prices, we haven't seen any substantial cutback in demand. They're cranking out as much of this stuff as they can, and we're throwing it in our tanks as fast as we can.''

The margin earned from processing crude oil into fuels rose to $24.68 a barrel on April 11, the highest since right after the hurricanes in September 2005. The margin has since retreated to $22.12 a barrel, still about double the five-year average.

``It'll be a fairly tight gasoline market all through the summer,'' said Robert Hinckley, an analyst at Rochdale Securities in New York.
Posts: 74,854
Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
  Reply With Quote
Old 04-23-2007, 08:43 AM   #2
Bowser Bowser is offline
Eff an A, Cotton!!
 
Bowser's Avatar
 

Join Date: Jan 2004
Location: In Transition
Casino cash: $50679552
Americans are not "resigned" to it. Americans are pissed at it.
Posts: 50,954
Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.
  Reply With Quote
Old 04-23-2007, 08:44 AM   #3
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675° N 106.475° W
Casino cash: $146
Quote:
Originally Posted by Bowser
Americans are not "resigned" to it. Americans are pissed at it.
So, what are you doing to combat the prices, if that's what you are pissed about?
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
Posts: 74,854
Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
  Reply With Quote
Old 04-23-2007, 08:47 AM   #4
Bowser Bowser is offline
Eff an A, Cotton!!
 
Bowser's Avatar
 

Join Date: Jan 2004
Location: In Transition
Casino cash: $50679552
Quote:
Originally Posted by Donger
So, what are you doing to combat the prices, if that's what you are pissed about?
Not driving anywhere unnecessary during the week.

And by asking this, are you OK with gas potentially being 4 bucks a gallon, and think that Americans AREN'T pissed at the notion?
Posts: 50,954
Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.
  Reply With Quote
Old 04-23-2007, 08:50 AM   #5
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675° N 106.475° W
Casino cash: $146
Quote:
Originally Posted by Bowser
Not driving anywhere unnecessary during the week.
Good for you. Disable your daytime running lights while your at it. Plus all the other things you can do (properly inflated tires, no A/C, no full throttle, etc.)

Quote:
Originally Posted by Bowser
And by asking this, are you OK with gas potentially being 4 bucks a gallon, and think that Americans AREN'T pissed at the notion?
Am I okay with the potential of $4/gallon? Well, personally, I don't think it will go that high. But, if it does, it does.
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
Posts: 74,854
Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
  Reply With Quote
Old 04-23-2007, 08:52 AM   #6
Brock Brock is offline
Do it.
 
Brock's Avatar
 

Join Date: Aug 2000
Location: Larryville
Casino cash: $160873
When is congress going to do something about this?
Posts: 42,720
Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.
  Reply With Quote
Old 04-23-2007, 09:46 AM   #7
sd4chiefs sd4chiefs is offline
Get off my lawn
 
sd4chiefs's Avatar
 

Join Date: Aug 2000
Location: San Diego Bandwagon City
Casino cash: $991794
Quote:
Originally Posted by Donger
So, what are you doing to combat the prices, if that's what you are pissed about?
If you can't beat them, join them.

http://moneycentral.msn.com/investor...1&Symbol=FSENX
Posts: 2,909
sd4chiefs would the whole thing.sd4chiefs would the whole thing.sd4chiefs would the whole thing.sd4chiefs would the whole thing.sd4chiefs would the whole thing.sd4chiefs would the whole thing.sd4chiefs would the whole thing.sd4chiefs would the whole thing.sd4chiefs would the whole thing.sd4chiefs would the whole thing.sd4chiefs would the whole thing.
  Reply With Quote
Old 04-23-2007, 10:49 AM   #8
Calcountry Calcountry is offline
Shoot the tube
 
Calcountry's Avatar
 

Join Date: Oct 2003
Location: Where I am
Casino cash: $4343
Quote:
Originally Posted by Donger
So, what are you doing to combat the prices, if that's what you are pissed about?
Everyone still idles there Yukon's at the McDonalds rather than go in.

So donger, the question I have for you is, "Do you believe in the Peak Oil theory?"
Posts: 26,765
Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.
  Reply With Quote
Old 04-23-2007, 10:54 AM   #9
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675° N 106.475° W
Casino cash: $146
Quote:
Originally Posted by bunnytrdr
Everyone still idles there Yukon's at the McDonalds rather than go in.

So donger, the question I have for you is, "Do you believe in the Peak Oil theory?"
I honestly don't know enough about the theory to believe or not believe it.
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
Posts: 74,854
Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
  Reply With Quote
Old 04-27-2007, 01:47 PM   #10
Calcountry Calcountry is offline
Shoot the tube
 
Calcountry's Avatar
 

Join Date: Oct 2003
Location: Where I am
Casino cash: $4343
Quote:
Originally Posted by Donger
I honestly don't know enough about the theory to believe or not believe it.
In a nutshell, it entails the supposition that at some point, the worlds total barrels per day production would peak at a certain level as a planetary maximum output.

At the same time, the demand for oil would continue to grow thereby causing prices to skyrocket to obscenely astronomical prices like 9 dollars per gallon for gas, and 200 dollars per barrel of crude.

Thoughts?

I say, drill for oil in Alaska, drill it deep, just in case the "oil regenerates itself" people are correct.
Posts: 26,765
Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.
  Reply With Quote
Old 11-12-2007, 12:12 PM   #11
xbarretx xbarretx is offline
The Freeze!
 
xbarretx's Avatar
 

Join Date: Apr 2007
Location: Gardner, KS
Casino cash: $220861
Quote:
Originally Posted by Donger
So, what are you doing to combat the prices, if that's what you are pissed about?
car pooling, spending a whole hell of a lot less, driving less, combining trips, avoiding any SHELL OR BP station as they ALWAYS charge 10 cents more!

they can have there prices as high as they want. i will continue to buy only the bare minimum and once i get out of college (MBA) soon i will be able to drive EVEN less.

their is no shortage.....its all speculative.......i don’t see how demand is rising....let the economy go down the tubes as long as the oil tycoons get there fat injected with more gluttony

its funny overly watched the oil industry is. anything....ANYTHING sends the prices skyrocketing...

"an oil refinery worker had a case of pink eye and took a sick day" = OMG SHORTAGE!!!!!!! BUY BUY BUY

"a board member at Valero had a dream that his oil refinery needed more maintenence" = OMG BUY BUY BUY

"its Monday" = OMG $$$$$$$$$$$$$$$$$$$$$$$$$$$ oil Bull rides again!

while i know that the above items are comical its sad that any news no matter how small sends the roaches who buy this stuff scurrying to buy the price higher.

Recession.....here we come

Quote:
Originally Posted by kcirnamffoh

I just suspect that this is more the-sky-is-falling kind of attention getting.
indeed
__________________
p.s. - VonneMarie is ALL woman!
Posts: 2,659
xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.
  Reply With Quote
Old 11-12-2007, 12:14 PM   #12
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675° N 106.475° W
Casino cash: $146
Quote:
Originally Posted by xbarretx
i don’t see how demand is rising.
And you're in the process of earning an MBA?
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
Posts: 74,854
Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
  Reply With Quote
Old 11-12-2007, 12:24 PM   #13
xbarretx xbarretx is offline
The Freeze!
 
xbarretx's Avatar
 

Join Date: Apr 2007
Location: Gardner, KS
Casino cash: $220861
Quote:
Originally Posted by Donger
And you're in the process of earning an MBA?
let me rephrase, im at the upper cusp of the middle class. my wife has MBA and im getting mine.

#1 college costs continually rise therefore putting the kibosh to many for their college hopes and dreams. interest rates are horrible, costs continue to grow exponentially. we simply cant afford to waste money buy driving unnecessarily

#2 as the gap between the haves and have not’s grow during the assault on the middle class....the amount of debt carried skyrockets. thus the big deal with the possible credit crunch. once the bottom drops out and we have a credit crunch....the US consumers will no longer have the easy flowing lines of credit to waste. Which will then bring us to a long pit stop in "recession-ville USA"

with prices being so high.. how can demand be growing? baby boomers are driving less and will continue to do so as they exit the workplace.

wages aren’t expanding anywhere near the REAL rate of inflation.

the public is pissed about oil and the price of gas.

while some driving is necessary due to we all cant work from home...people should be driving less.

based on all that i simply cannot fathom how ignorance is fueling this oil bubble.

in my economics class they say demand for oil is inflexible...i say that’s correct but only to a point. its not a straight vertical line...it may be steep but its not running north and south.

in the end im not saying it CANT be growing.....im just saying it makes no logical sense as to why anyone wants to shoot there foot off
__________________
p.s. - VonneMarie is ALL woman!
Posts: 2,659
xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.xbarretx must have mowed badgirl's lawn.
  Reply With Quote
Old 04-23-2007, 08:54 AM   #14
Deberg_1990 Deberg_1990 is offline
MVP
 
Deberg_1990's Avatar
 

Join Date: Jan 2004
Location: San Antonio Tx.
Casino cash: $177393
Quote:
Originally Posted by Bowser
Americans are not "resigned" to it. Americans are pissed at it.
Very true...

I think when gas prices go high it really hurts alot of other industries as well..

Americans have just learned to give up simple luxuries...


Could be cofffee, donuts, a book, movies..whatever....
__________________
Originally Posted by Cassel's Reckoning:

Matt once made a very nice play in Seattle where he spun away from a pass rusher and hit Bowe off his back foot for a first down.

One of the best plays Matt has ever made.
Posts: 48,956
Deberg_1990 has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Deberg_1990 has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Deberg_1990 has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Deberg_1990 has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Deberg_1990 has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Deberg_1990 has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Deberg_1990 has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Deberg_1990 has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Deberg_1990 has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Deberg_1990 has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Deberg_1990 has parlayed a career as a truck driver into debt free trailer and jon boat ownership.
  Reply With Quote
Old 04-23-2007, 08:59 AM   #15
Bowser Bowser is offline
Eff an A, Cotton!!
 
Bowser's Avatar
 

Join Date: Jan 2004
Location: In Transition
Casino cash: $50679552
Quote:
Originally Posted by Deberg_1990
Very true...

I think when gas prices go high it really hurts alot of other industries as well..

Americans have just learned to give up simple luxuries...


Could be cofffee, donuts, a book, movies..whatever....
True. But the problem is that's the top of the hill where the snowball starts rolling. Cut out movies or eating out, those industries feel it, so they charge their vendors more, in return the vendors charge more for their services...on and on.

It is somewhat scary to think about gas potentially getting that expensive.
Posts: 50,954
Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.
  Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT -6. The time now is 03:05 AM.


Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.