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  • #16
    Re: Top This PR!

    Yes, adjusted for inflation, we were paying far more than this for gas 20+ years ago. In fact, the US should be paying $3.50 (or more) per gallon if we're EVER going to have any hopes of efficient cars or energy independence. The odds of our public agreeing to that? Slightly less than nil.

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    • #17
      Re: Top This PR!

      >Malmo are you adjusting for inflation or something?

      I'm not an economist, nor do I play one on the internet, but I think that's basically the gist of it.

      While in absolute terms, you may now only be hitting "record highs", the real cost is cheaper than it was then.

      Say it was $1.00 in 1980 versus $2.00 now, however, with that same 1980 dollar, you could have bought enough other stuff (say, subscriptions to T&FN) that would cost you $3.00 today.

      Until people start taking responsibility themselves (like choosing to drive less, buy more efficient vehicles), all the ranting and raving and demanding someone else (ie the "government") do something really only passes the buck (which will then be passed back to them in the form of taxes or higher prices when resources get even scarcer) and only makes them look silly.

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      • #18
        Re: Top This PR!

        Take BART.

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        • #19
          Re: Top This PR!

          Santa Barbara = $2.67 self service 87 octane last night... this area is typically 15-25 cents higher per gallon than areas an hour to the north and south where gas is delivered from the same trucks that serve SB. Take warning, these prices are the penalties for living in a high income, isolated area that has not been friendly to off-shore drilling!

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          • #20
            Re: Top This PR!

            PS, lots of reasons are postulated for these prices, but take a look at profits being reported by big oil corps.

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            • #21
              Re: Top This PR!

              For once I am actually in full agreement with Asterix and Malmo.

              Maybe if John Kerry is elected, he can bring back the price control scheme that worked so well when Carter was president.

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              • #22
                Re: Top This PR!

                $2.31 for 87 in LA yesterday. Last time I was in England (6 years ago), I filled the tank of a Ford Escort and it cost $85! My hope is that is slows down the sales of SUVs; after commuting 35 miles on the 405 for years I developed a pathalogical hatred of them, spent most of my time avoiding being sideswiped by people who couldn't drive the things.

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                • #23
                  Re: Top This PR!

                  >PS, lots of reasons are postulated for these prices, but take a look at profits
                  >being reported by big oil corps.


                  If you think the profits are so outrageous(see previous posts about supply and demand not to mention that it is these profits that fund what can be very risky developments), then hedge your energy consumption costs by investing in those companies. I'm actually just delighted when I pay more at the pump and for my heating costs.

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                  • #24
                    Re: Top This PR!

                    I am not playing fair, and I was warned to stay out of this one (above: Europeans).

                    US 5.48/gallon at my local Shell in equivalent liter-gallon and SEK-dollar exchanges. Diesel? Try SEK 8,000 (US 1,066) per year in extra taxes!

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                    • #25
                      Re: Top This PR!

                      >I am not playing fair, and I was warned to stay out of this one (above:
                      >Europeans).

                      US 5.48/gallon at my local Shell in equivalent liter-gallon and
                      >SEK-dollar exchanges.

                      One area that some may have a complaint about is what percentage of the price represents various taxes although if taxes have to be collected, better on something everyone is consuming and can choose to control to an extent if they wish.

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                      • #26
                        Re: Top This PR!

                        Maybe if
                        >John Kerry is elected, he can bring back the price control scheme that worked
                        >so well when Carter was president.

                        I'm not familiar with the Carter price control scheme, so maybe this suggestion was in jest, but are you really advocating more government interference in the "land of the free"? Isn't this too much socialism for the anti-commie-pinko US?

                        The only viable long term solution is to let the market run its course. If the cost of something goes higher than people are willing to pay (something that, despite all the complaining, has not yet happened), then people will make their own decisions to pursue alternatives. There will be more demand for auto manufacturers to make smaller and more efficient cars and people will just be driving less or taking public transit. Expecting the government to artificially depress prices is just asking for more trouble (and expense).

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                        • #27
                          Re: Top This PR!

                          >Maybe if
                          >John Kerry is elected, he can bring back the price control scheme
                          >that worked
                          >so well when Carter was president.

                          I'm not familiar with the
                          >Carter price control scheme, so maybe this suggestion was in jest, but are you
                          >really advocating more government interference in the "land of the free"?
                          >Isn't this too much socialism for the anti-commie-pinko US?

                          Pretty sure it was in jest.

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                          • #28
                            Re: Top This PR!

                            My suggestion about the price control scheme was absolutely in jest. I was being serious in saying that I agree with Asterix and Malmo.

                            The price control program was a disaster of huge proportions.

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                            • #29
                              Re: Top This PR!

                              >>one area that some may have a complaint about is what percentage of the price represents various taxes<<

                              State taxes on gasoline are high and they vary quite a bit. A New Yorker can save 40 cents a gallon by driving to New Jersey for gas. (Problem is, he has to pay $8.00 in tolls to get there and back.)

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                              • #30
                                Re: Top This PR!

                                Not only did I have to pay higher bensin prices in Norway two weeks ago when traveling from Göteborg to Oslo, I had to pay three toll charges just to travel on E6. The good news? I had no Norwegian Kronor, so had to pay higher tolls by way of Bank giro. Ugh!

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