Gas prices are going up again

Discussion in 'Economy' started by bigrebnc1775, Dec 12, 2010.

  1. bigrebnc1775
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    bigrebnc1775 Gold Member

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    Yesterday here in North Carolina I saw the price of regular unleaded gas at $2.91 What will happen next because of the rise in gas prices? Thats right food prices will rise the economy will sink.
     
  2. bigrebnc1775
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    bigrebnc1775 Gold Member

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    Record Foodstamp Usage
    [​IMG]
     
    Last edited: Dec 12, 2010
  3. Annie
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    Annie Gold Member

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    They are at $3.15 here. :(
     
  4. Zoom-boing
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    Zoom-boing Gold Member

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    It's $3.03 here. A gallon of 2% (store brand) milk is up from $3.14 in early summer to $3.57 today.
     
  5. mudwhistle
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    mudwhistle Platinum Member

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    It's amazing that the prices stayed so low the last couple of years. It makes one wonder what is really controlling the price in this country.:eusa_whistle:

    Gas is around $10 a gal in Germany......wonder why?

    Well I don't really wonder....but I'm wondering if anyone has figured it out.
     
  6. editec
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    editec Mr. Forgot-it-All

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    Heating oil's gone up 50 cents ($2.91) since I filled the tank on October.

    When you're buying 275 gallons at a time, that half buck per gallon adds up pretty fast.

    Do recall that this current depression directly preceded the last outragous gouging we went through.

    If we have another run-up like that one, whatever progress we've made in shoring up the economy will go down the crapper.
     
  7. bigrebnc1775
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    bigrebnc1775 Gold Member

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  8. bigrebnc1775
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    bigrebnc1775 Gold Member

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    yep exactly.
     
  9. bigrebnc1775
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    bigrebnc1775 Gold Member

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    I have noticed that fuel prices would go up and then fall back down, in the past. Now Fuel prices do not do that anymore. They stay where they are for a short time and climb higher.
     
  10. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    And the government keeps trying to tell us that there is not an inflation problem.

    We are headed towards Carteresque Stagflation, which is the economically logical result of Obamanomics.
     

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