General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHey America, you will pay $ONE BILLION$ more for your gas this labor day than you did last year!
Traveling for Memorial Day weekend? It's going to cost you.
Regular gas is predicted to cost $2.95 per gallon this holiday weekend, an almost 50 cent jump from this time last year, according to data from AAA. Drivers will end up paying $1 billion more for gas, reports GasBuddy.com.
In the past two weeks alone, gas has jumped at least 12 cents per gallon, sending motorists on a course to pay the highest Memorial Day prices since 2014.
Political clashes and basic economics have worked together to drive up prices, AAA spokeswoman Jeanette Casselano told NBC News.
"High global demand and shrinking global supply," said Casselano, along with "pending U.S. sanctions against Iran and Venezuela as well as OPEC cuts, and record U.S. oil production, are influencing higher crude oil prices in the market."
https://www.nbcnews.com/business/consumer/gas-will-cost-drivers-1-billion-more-memorial-day-weekend-n877181
Eliot Rosewater
(31,109 posts)And that is why we cant fix this.
bornfree17
(89 posts)To happen every year at this time. How would we fix this? No sarcasm
spanone
(135,802 posts)bornfree17
(89 posts)is true, but I did do a little research to compare 2014 and 2018 since I keep reading that prices were not this high since 2014
In 2014 the median income was $51,939. and on memorial weekend national average gas price was $2.49 per gallon
in 2018 the median income is 58,829.00 this weekend the average gas price is 2.96 per gallon
I've been alive too long, it's just one big circle
We have been down this road before and we will survive it. All those driving gas guzzlers will probably trade in their cars/SUVs for smaller cars then gas will go down enough for it to be the new normal and SUVs will become popular again and on and on we go
Nonhlanhla
(2,074 posts)I have not paid over $30 for a tank for my Honda in quite some time - this morning it was $31 to fill. It's been creeping up from the low $20's to there, and I guess it will creep up some more. It's the effect of higher gas prices on consumer goods that concerns me the most.
dalton99a
(81,426 posts)Squinch
(50,932 posts)gratuitous
(82,849 posts)While you proles gas up to get to your underpaid job, the wealthy will be vacationing on the Riviera with their tax cut money.
Achilleaze
(15,543 posts)NickB79
(19,233 posts)Everyone goes out and starts buying trucks and SUV's again and can't figure out why gas prices are climbing. We're too goddamn stupid to figure out this conservation-for-future-generations thing, I guess.
Fuck it, I just got a nice used Prius despite all the guys at the factory laughing at me for it. They can eat a dick filling their trucks up for $100/tank while I drop $30 every 2-3 weeks.
maveric
(16,445 posts)Im staying home this weekend.
Blue_Tires
(55,445 posts)Interesting how their "economic anxieties" aren't being affected by the pump prices...
roamer65
(36,745 posts)Small price to pay for fermented dinosaur shit.
The Ghawar oil fields in Saudi Arabia were basically a big dinosaur litter box.