Gas Prices Skyrocketing

[hal2kilo]

If you really want to bitch about price gouging. Choice ribeye steak was $13.99 a pound at Costco today. That about $3 dollar a pound more than it was about 10 days ago.

 

[woolfe9998]

Ah, we're back to the old Dave. Some things are reassuring.

But please, let's not let this turn into the epic thread that stays on the front page for like a year this time...

 

[zinfamous]

yeah food prices are crazy right now. I just noticed them hitting the customer at local restaurants, where they are advertising a 15% hike in prices for this reason.

looks like I'll have to splurge on the maltier beers to replenish those lost meat calories for a little while!

 

[s0me0nesmind1]

You don't know what supply and demand is - do you?

 

[hal2kilo]

You don't know what supply and demand is - do you?

Certainly restrained my resupply. Like, let other idiots pay that much.

 

[Vic]

I'm not even going through a tank of gas a month these days, but thanks for the heads up.

 

[UNCjigga]

If you really want to bitch about price gouging. Choice ribeye steak was $13.99 a pound at Costco today. That about $3 dollar a pound more than it was about 10 days ago.

Blame Trump—he signed an EO keeping meat packing plants open (risking 100s of rural communities with worsening infection rates) all so that company executives could send record shipments of meat to China. Our supply is now constrained not because plants aren’t operating, but because China is paying top dollar to make up the difference from their domestic production being impacted.

 

[Sinsear]

Drive for 5!!!!!

 

[HomerJS]

Those still blaming Biden and Dems for high gas prices...
Unprecedented profit for Exxon as travel, and war, heated up (yahoo.com)

 

[ch33zw1z]

Those still blaming Biden and Dems for high gas prices...
Unprecedented profit for Exxon as travel, and war, heated up (yahoo.com)

wont change any R minds, but facts never do

 

[emperus]

Those still blaming Biden and Dems for high gas prices...
Unprecedented profit for Exxon as travel, and war, heated up (yahoo.com)

I have a different take on this. I still do blame Biden and the Dems. Why do they let the Gas companies get away with it? There should have been a windfall profit tax already. Oil/Gas is an inelastic good, there should be price regulations and such on it.

 

[brycejones]

I have a different take on this. I still do blame Biden and the Dems. Why do they let the Gas companies get away with it? There should have been a windfall profit tax already. Oil/Gas is an inelastic good, there should be price regulations and such on it.

By what magical method would this have made it through congress in the last 15 years?

 

[dank69]

Those still blaming Biden and Dems for high gas prices...
Unprecedented profit for Exxon as travel, and war, heated up (yahoo.com)

Also:

House Republicans pass bill to limit drawdowns on Strategic Petroleum Reserve

The Strategic Production Response Act requires agencies to lease federal land for oil and gas drilling to offset drawdowns. It's unlikely to become law.

www.cnbc.com

 

[emperus]

By what magical method would this have made it through congress in the last 15 years?

It probably wouldn't have, but at least put up the fight.

 

[HomerJS]

I have a different take on this. I still do blame Biden and the Dems. Why do they let the Gas companies get away with it? There should have been a windfall profit tax already. Oil/Gas is an inelastic good, there should be price regulations and such on it.

How would they have gotten that through the Senate??

 

[BoomerD]

I have a different take on this. I still do blame Biden and the Dems. Why do they let the Gas companies get away with it? There should have been a windfall profit tax already. Oil/Gas is an inelastic good, there should be price regulations and such on it.

Even in the unlikely event our Congress DID manage to put the American people ahead of their corporate masters, those oil companies would just pass the tax along to us in the form of higher gas prices..

 

[emperus]

Even in the unlikely event our Congress DID manage to put the American people ahead of their corporate masters, those oil companies would just pass the tax along to us in the form of higher gas prices..

Yeah, I'm comfortable with some price controls on inelastic goods esp. from companies that receive handouts.

 

[hal2kilo]

wont change any R minds, but facts never do

It's what you are supposed to do if you are a capitalist.

 

[woolfe9998]

Buy an EV.

 

[Homerboy]

Buy an EV.

Can I borrow have $40,000, please?

 

[woolfe9998]

Can I borrow have $40,000, please?

2023 Chevrolet Bolt EV 1LT For Sale in San Jose, CA - 1G1FW6S01P4124766 - TrueCar

This 2023 Chevrolet Bolt EV 1LT is for Sale in San Jose, CA. Color: Summit White- Transmission: Automatic - VIN: 1G1FW6S01P4124766

www.truecar.com

 

[Homerboy]

2023 Chevrolet Bolt EV 1LT For Sale in San Jose, CA - 1G1FW6S01P4124766 - TrueCar

This 2023 Chevrolet Bolt EV 1LT is for Sale in San Jose, CA. Color: Summit White- Transmission: Automatic - VIN: 1G1FW6S01P4124766

www.truecar.com

Oh so only $30,000 then. I will take two.

 

[Ken g6]

Oh so only $30,000 then. I will take two.

You could buy the cheapest used EV in America, but if you do, you should know how to deal with problems. As one should with an old, cranky used car. It's just that knowing how to fix up a gas car won't always serve you when dealing with an EV. (Though in the linked video it might!)

 

[woolfe9998]

Oh so only $30,000 then. I will take two.

There is an $8k federal tax credit available right now. It's cheaper than a Prius.