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$6 Gas? Could Happen if the Dollar Keeps Getting Weaker
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$6 Gas? Could Happen if the Dollar Keeps Getting Weaker

  #21 (permalink)
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Silvester17 View Post
coming soon to a pump near you.



YouTube - Nozzlerage1.wmv

OK.. I get it... he was driving an SUV...

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  #22 (permalink)
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Lornz View Post
It's almost getting to that point here as well. In 2009 there were 2.8 million registered cars and the population was 4.8. Norway is very "stretched" and the distance from north to south is about the same as from Kristiansand (south) to the south of Italy. In the "major" (and I use that term loosely) most people do not own cars, as is the case in most European cities. Another fun fact for you guys, cars are ridiculously expensive here. The average car is twice the price of the UK, and even worse compared to the US. E.g. a new Lexus RX 450h is around $45 000 in the US, in Norway it is $200 000. The absolutely worst thing you can do is to import an old american car, the taxes are mind-blowing.

But you don't understand...our mother's told us we were "Special" .. we are entitled to cheap gas and being able to buy a Hummer to drive to work alone in... we've had our own cars to drive since High School.. so we didn't have to ride with the non-cool kids on the bus ... so we're not about to start riding the bus now ... life is so hard when you are a cool kid...

I'm just a simple man trading a simple plan.

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  #23 (permalink)
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ThatManFromTexas View Post
But you don't understand...our mothers told us we were "Special" .. we are entitled to cheap gas and being able to buy a Hummer to drive to work alone in... we've had our own cars to drive since High School.. so we didn't have to ride with the non-cool kids on the bus ... so we're not about to start riding the bus now ... life is so hard when you are a cool kid...

Hehe, life is hard when you're a cool kid. For the record, I'm not advocating others to emulate the Norwegian model. It's a small country run by the world's most inept politicians. However, when one has a cushion of $600 bln, it's easy to hide one's incompetence.
For the record: I have lived various places in the US, and I plan on moving back soon. So, I don't want to be labeled as a European communist despising the beacon of liberty and freedom that is The United States of America!

In all my humbleness, the reason for my remonstrating with you, was simply to point out that even with $6 gas, you've still got the cheapest fuel in the Western world. It might be economical, and unspeakably cool, though, to trade in your Hummer for a Fiat.


Last edited by Lornz; April 22nd, 2011 at 12:54 PM. Reason: Fixed typo. Don't worry, I'm sure there are more... (Yes, I have OCD)
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  #24 (permalink)
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Lornz View Post
Hehe, life is hard when you're a cool kid. For the record, I'm not advocating other's to emulate the Norwegian model. It's a small country run by the world's most inept politicians. However, when one has a cushion of $600 bln, it's easy to hide one's incompetence.
For the record: I have lived various places in the US, and I plan on moving back. So, I don't want to be labeled as a European communist despising the beacon of liberty and freedom that is The United States of America!

In all my humbleness, the reason for my remonstrating with you, was simply to point out that even with $6 gas, you've still got the cheapest fuel in the Western world. It might be economical, and unspeakably cool, though, to trade in your Hummer for a Fiat.

Lornz
How many times can you insult us in one posting?.....your politicians are more inept than ours? How dare you put yours ahead of ours.... And you want us to drive an Italian car? Why we can chose a Japanese one or a German one, or a Korean one, or maybe even a Chinese one, but an Italian one? Come on, if it aint a Maserati or Ferrai, we are not interested. At least you didn't suggest a French one.... (please, no offense meant)

But in a serious note, yes $6 gas is on a relative scale cheap, but the way our society is structured, it will devastate us. The increased price of fuel will be reflected in higher prices for all other things that are either derived from petroleum or transported by petroleum (which is just about everything). Salaries do not adjust as fast as prices go up, so consumer purchasing power goes down, and the spiral down happens. And yes, with the increased price of gas, people drive less or switch to more fuel efficient vehicles, so less gas is sold and thus the government takes in less revenue, so the inept politicians figure they need to then tax based on number of miles driven (Minnesota is about to do it and the congress is studying how to do it on a national basis)....

My focus is on:
1. Avoid the opening chop.
2. Honor stops
3. Ensure reward > risk on all trades

Last edited by papa15; April 22nd, 2011 at 12:57 PM.
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  #25 (permalink)
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What troubles me more than paying more at the pump (says a guy working out of a home office) is the destabilizing affect high gas prices have had on the markets/economy. Thinking of the 1929 crash and '08 crash.


IMHO it's just a symptom of what happens when hugely leveraged and unregulated banks / bank affiliates are making a killing underwriting unsound securities and then (for some mysterious reason) Mark to Market accounting rules are implemented shortly before the securities unravel.

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  #26 (permalink)
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The US Department of Justice has set up a task force to investigate Gasoline Prices ... and they know where to look...

"...investigation on "the role of traders and speculators" in the oil-price surge, Obama said, and will include several Cabinet department officials, federal regulators and the National Association of Attorneys General."

Soooo... you CL traders sitting in your home office with your 12 monitors and water cooler PC's are to blame...

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  #27 (permalink)
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Lornz View Post
It might be economical, and unspeakably cool, though, to trade in your Hummer for a Fiat.

Bubba disagrees with you...

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I'm just a simple man trading a simple plan.

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  #28 (permalink)
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papa15 View Post
Lornz
How many times can you insult us in one posting?.....your politicians are not more inept than ours? How dare you put yours ahead of ours.... And you want us to drive an Italian car? Why we can chose a Japanese one or a German one, or a Korean one, or maybe even a Chinese one, but an Italian one? Come on, if it aint a Maserati or Ferrai, we are not interested. At least you didn't suggest a French one.... (please, no offense meant)

But in a serious note, yes $6 gas is on a relative scale cheap, but the way our society is structured, it will devastate us. The increased price of fuel will be reflected in higher prices for all other things that are either derived from petroleum or transported by petroleum (which is just about everything). Salaries do not adjust as fast as prices go up, so consumer purchasing power goes down, and the spiral down happens. And yes, with the increased price of gas, people drive less or switch to more fuel efficient vehicles, so less gas is sold and thus the government takes in less revenue, so the inept politicians figure they need to then tax based on number of miles driven (Minnesota is about to do it and the congress is studying how to do it on a national basis)....

I actually considered recommending CitroŽn, but I feared being banned if I were to suggest a French car. The Fiat 500 just intuitively seemed like the antithesis of a Hummer. It's about the size of a shoe box.

I just couldn't help commenting, as I'm currently paying 3 times as much as you guys, but I agree with you and @whatnext about the implications of higher gas prices. And yes, even if everyone parked their cars and started using their feet, sure enough, a "pace tax" would most certainly appear. Taxes and death...

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  #29 (permalink)
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ThatManFromTexas View Post
Bubba disagrees with you...

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Haha, that is one mean looking sheriff!

But wouldn't he be just as terrifying rolling around in this:

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