This message was self-deleted by its author

[Omaha Steve]

This message was self-deleted by its author (Omaha Steve) on Mon May 10, 2021, 01:02 AM. When the original post in a discussion thread is self-deleted, the entire discussion thread is automatically locked so new replies cannot be posted.

[abqtommy]

1. I've been seeing prices rise when shopping for groceries too. It's the old part of trickle-

down that really does work, in that as costs for goods and services increase they're
trickled down to us consumers. 'I'm just glad I can still afford it, what with my 1% to 2%
increase in my Social Security payments each year'! snark off.

[jimfields33]

5. I was going to mention social security as well. Lol

A windfall in January 2022 forth coming. Not!!!!!

[Mary in S. Carolina]

2. Trickle Down Economics

Yes and rental cars are a fortune and cell phones are no longer working and the people in Texas froze to death when the grid went out and corporate America won't raise minimum wage and there are 100's of thousands of people homeless in America and big pharma created an addiction crises and water has lead in it.......Good Ol' Trickle Down Economics. But I see the ultra wealthy are doing ok.

[jimfields33]

6. I'm thankful elections are not in November.

[peppertree]

13. I suspect gas prices will be "mysteriously" going up again in Sept./Oct. '22.

You better believe it.

[jimfields33]

23. Probably correct. Anything to make president Biden look bad will be used.

[peppertree]

24. Though luckily, it doesn't always work

You might recall the Summer of '06, when, after rising by leaps and bounds for 3 years (after Bush invaded Iraq), gas prices began to "miraculously" ease just in time for the elections.

It was pretty obvious that Big Awl was trying to help the GOP keep its congressional majorities (and all those chairmanships!) - but it didn't work.

Will history repeat itself? We'll see.

[Orangepeel]

3. I'm not sure a year ago is the best comparison point

a lot less driving when people are quarantined.

[comradebillyboy]

4. Shockingly enough when demand goes up price goes up.

We still have a market economy in the US. A year ago we were in lock down and demand for gas dropped dramatically. That's why prices fell. Demand is going up and prices follow demand. Basic economics.

[Bleacher Creature]

11. This. +1000

It's also true that the oil and gas industry temporarily downsized a little due to the low demand at the time and now needs to ramp back up.

[oldsoftie]

22. And some shut down when oil dropped so low

Some US oil companies cant make money under 40-45 a barrel

[True Dough]

7. The view from the "left coast" for the past couple of decades:

[marie999]

8. We are paying $2.41 including the 5% discount at Sam's Club in Eastern NC.

[onecaliberal]

9. Paid 3.80 two days ago. California.

[Make7]

10. The price is pretty much the same as it was three years ago.

The Colonial Pipeline shutdown is probably going to cause a short term rise, but hopefully they will get that running soon.

OPEC and Russia have begun increasing oil production gradually so prices should fall for the second half of the year.

[IcyPeas]

12. My local station is $4.14 (los angeles area)

it hurts!

[BumRushDaShow]

14. It always goes up this time of year

when they change to the "summer blend". Any other "issues" will be added on top of that.

[ga_girl]

15. Filled up at Costco this morning

The car was below 1/4 tank, so it was time to feed the beast. Plus, concern about the Colonial Pipeline shutdown was on my mind. Every lane had 6 or more cars waiting for the pumps.

[twin_ghost]

16. We need to set taxes so that regular gasoline is $10 per gallon

This will encourage people to switch to electric vehicles.

[oldsoftie]

21. "Encourage"? And never win an election again

Realistically the best option is a sort of reverse hybrid engine.

[ChazII]

17. $3.04 in my area. n/t

[George II]

18. Two things - first it's the summer spike, PLUS the fact that people haven't driven much....

....in the last year. Both are driving prices up.

I've been averaging 25,000 to 30,000 miles a year for 30 years or so. Admittedly my driving is down since I'm retired, but last year I drove only 2,500 miles! We just don't have anywhere to go.

[MichMan]

19. Summer prices don't usually go up until after Memorial day as I remember

[oldsoftie]

20. Like it or not, inflation is here & not going away soon.

Supply & demand issues along with pent up cash from the shutdowns coming back out is a ripe recipe for it.

[Rhiannon12866]

25. It's $2.99 almost everywhere in my area of New York, has been going up steadily for weeks

One station around here is over $3.00 for regular - and of course plus and premium have been over $3.00 for awhile and diesel went up long before that.

The only other online site I participate in is called GasBuddy where people post local gas prices in the U.S. and Canada:

https://www.gasbuddy.com/