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Gas price hikes
  • hudsontechhudsontech
    Posts: 4,050Platinum Member
    Watch an interesting phenomenon this morning. Was headed up U S 51 in Millington and at one of the intersections is a Kroger gas station - posted price was $2.47, about a dime less than last week. So I thinks to myself I'll stop by on my way home - as I was going thru the intersection by the station I glanced over and watched as the numbers roll over to $2.49!!! Jeeez Louise - now they do it electronically. Guess they do that so then can screw you faster.

    Hudsonly,
    Alex Burr
    Memphis, TN
  • Huddy42Huddy42
    Posts: 1,010Platinum Member
    Alex, our current price yesterday was $1.39 cents per LITRE, the price goes up before your eyes here as well.

    Then I had to buy a litre of two stroke oil for my hedge cutter that was $14.99 per LITRE.

    When I had the servo back in the mid 60's petrol was three and threepence (33 cents) per gallon and oil was two bob a pint.(20 cents)

    We used to do a grease and oil change on a Ford Falcon for $2.70 included check diff, gearbox, paint and check the tyres for pressure and clean the windscreen.
  • SamJSamJ
    Posts: 1,405Platinum Member
    In 1967 I worked for the Toronto Star newspaper (my first "real" job) and made $52.50 per week, leaving a take-home pay of $47.00. I kept my high school job in a supermarket and made another $20-25 working Thursday & Friday nights and 10 hours on Saturday. I had a nice low-mileage '60 Chevy that I paid $500 cash for. $.36 a gallon seemed like a lot for gas and those $6.00 fill-ups after a night of cruising the A & W were a stretch. Nostalgia sure isn't what it used to be...:lol:
    HETfortyqtpi@earthlink.net (drop the HET)

  • oldhudsonsoldhudsons
    Posts: 1,752Platinum Member
    gas $2.69 & holding steady, for now, here in Az.
  • BrowniepetersenBrowniepetersen
    Posts: 2,398Platinum Member
    SamJ wrote:
    In 1967 I worked for the Toronto Star newspaper (my first "real" job) and made $52.50 per week, leaving a take-home pay of $47.00. I kept my high school job in a supermarket and made another $20-25 working Thursday & Friday nights and 10 hours on Saturday. I had a nice low-mileage '60 Chevy that I paid $500 cash for. $.36 a gallon seemed like a lot for gas and those $6.00 fill-ups after a night of cruising the A & W were a stretch. Nostalgia sure isn't what it used to be...:lol:

    Brings back a lot of memories Sam. My dad owned a local gas station and I have fond memories of the gas wars of the late 50's and early 60's (gas as low as 19.9 per gallon.) I left a construction job at $2.65 per hour in 1966 to go in the Air Force where I earned $79 a month, room, board--all I could eat and vacations in the Pacific Rim countries. Life was great back then.....
    Brownie
  • bobdriveshudsonbobdriveshudson
    Posts: 582Platinum Member
    Gas at Pigeon Forge was $2.55 a gal, North West Alabama is $2.59 and up. Bob P
  • oldhudsonsoldhudsons
    Posts: 1,752Platinum Member
    my 1st job was with Wayne Love Hudson at the munificent rate of $.75 an hr. - sorta kept me in gas & milk shake $, LOL
  • hudsontechhudsontech
    Posts: 4,050Platinum Member
    Went by that Kroger gas station this morning - regular was $1.59/9 - 10 cents higher than last week!!!!!!! :ohmy:

    But, according tho those who control the cost of living adjustments in DC the cost of living index hasn't gone up since last January. Really!!!!!


    Hudsonly,
    Alex Burr
    Memphis, TN
  • Tallent RTallent R
    Posts: 1,602Platinum Member
    My understanding is they no longer are allowed to concider the price of comodities in the inflation figures. Makes no sense to me unless your trying to hide the truth.
    Roger
    Retired Tech.
  • hudsontechhudsontech
    Posts: 4,050Platinum Member
    Roger, not sure what else they could base it on. It was my uderstanding that the lack of a cost of living increase last January was due to dropping gas prices.
    Only problem with that was when gas prices went up - everything went up with them, and I can understand having to cover transport costs. But when gas prices dropped, other prices didn't.
    Example: 2 years ago if I bought, say $25 worth of groceries, they would fill 6 or 7 bags; last week I spent $33 and brought home 4 bags. Pretty much the same stuff, just less of it.


    Hudsonly,
    Alex Burr
    Memphis, TN
  • Tallent RTallent R
    Posts: 1,602Platinum Member
    I was just thinking back to where they sent gas prices up to $4.00 or so. Yet there was no inflation or cost of living. I recall the new's reporting the gas prices were not figured in to inflation anymore ? ? ? Or maybee I had a few to many that night ? ? ?:woohoo:
    Roger
    Retired Tech.
  • essexcoupe3131essexcoupe3131
    Posts: 1,224Platinum Member
    Just my opinion, if they stopped the speculators on the oil this would bring down the cost down a whole lot, a few years ago (though seems like a life time already)we things were pumping and a barrel was costing 120-00+ us, those speculators were making huge sums on a barrel and they will still be doing pretty good out of it today and this is why it jumps up and down so much
    What can you say toxic loans and oil speculators have a huge impact on us because they all pay with our lives for huge quick bucks for themselves

    Mike
  • walt noremwalt norem
    Posts: 146Expert Adviser
    What gets me is- those speculaters are oil guys- they pump it out of the ground at 15 to 20 dollars a barrel sell it to their refinaries at what they have it run up to, then they process it and take the markup on that, then have the nerve to claim they don't make enough money so the gov't gives them big tax breaks.
    It would be nice to own a couple politicians, wouldn't it?:sick:
  • BJ__TNBJ__TN
    Posts: 1,211Platinum Member
    I remember in the late 60s the gas wars and $.12 per gallon gas. Unfortunately I also remember earning $1.40 an hour, and I was married had rent and furniture payments to make, as well as car payments. I ate a lot of Campbells tomato soup ( 15 cans for a dollar ) and Swanson chicken and turkey pot pies (10 for a dollar) I still have trouble even looking at either of those. As tough as it was, I don't know that I would change much. We had fun and goodtimes anyway. So it is not just gas that is gouging the american people. It is a combination of things. I am not super smart and in no way suggest that I have the answers to our problems. Someone much smarter than I will have to figure out those.
    For now I will just make the best of things as they come up.
    Bob Hickson
  • hudsontechhudsontech
    Posts: 4,050Platinum Member
    BJ__TN wrote:
    I remember in the late 60s the gas wars and $.12 per gallon gas. Unfortunately I also remember earning $1.40 an hour, and I was married had rent and furniture payments to make, as well as car payments. I ate a lot of Campbells tomato soup ( 15 cans for a dollar ) and Swanson chicken and turkey pot pies (10 for a dollar) I still have trouble even looking at either of those. As tough as it was, I don't know that I would change much. We had fun and goodtimes anyway. So it is not just gas that is gouging the american people. It is a combination of things. I am not super smart and in no way suggest that I have the answers to our problems. Someone much smarter than I will have to figure out those.
    For now I will just make the best of things as they come up.
    Bob Hickson

    Bob, your mention of the "late 60's" brings up something I remember. When I was working at the Naval Shipyard in Portsmouth, NH, back in the late 80's a group of us were sitting around talking about the cost of living, etc. In a nutshell everybody came to the same conclusion - that the 1960's were the best years in regard to income/cost of living. Everything seemed to be, in a word, in balance. Not so today - gas prices went to $4 a gallong, prices went with it. Gas came down - prices didn't. Wages are pretty much stagnant now and prices are still high. Corporate America either doesn't have a clue, or doesn't care - they just sit around griping about how sales are flat and nobody's buying anything. Can't buy goodies when you're trying to scrape cash for groceries and gas to go get the groceries. Example: Wal Mart's got lap tops for $288. I'd sure love to get one - but the last two weeks groceries have eaten up any spending money - $45 last week, $35 yesterday. And I'm feeding just one.

    Hudsonly,
    Alex Burr
    Memphis, TN
  • Nevada HudsonNevada Hudson
    Posts: 955Platinum Member
    Over half the price you pay at the pump is taxes.