Los Angeles Gas Prices Surpass $4.00 Per Gallon

Discussion in 'Current Events' started by george4title, Feb 22, 2011.

  1. george4title
    Offline

    george4title Member

    Joined:
    Aug 2, 2010
    Messages:
    128
    Thanks Received:
    13
    Trophy Points:
    16
    Ratings:
    +13


    Gasoline prices begin to affect family budgets in Southern California. With $4.00 per gallon gasoline, individual budgets for commuters may increase upwards of $400 per month. How will gas prices affect the economy and general outlook for Ca and the rest of the country. Expect massive relocations of people closer to job centers and a slow dying off of outlying suburban sprawl. So expect further declines in detached commuter housing and a stabilization or increase in price for desirable condo and apartment locations closer to job growth.



    Libyan turmoil weighs on stocks as oil surges

    Libyan turmoil weighs on stocks as oil surges - Yahoo! Finance



    Fmr. Shell president 'predicting' $5-a-gallon gas in 2012

    Fmr. Shell president ‘predicting’ $5-a-gallon gas in 2012 | The Raw Story



    Gas Heat Map

    USA National Gas Price Heat Map - GasBuddy.com
     
    Last edited by a moderator: Aug 18, 2014
  2. The Infidel
    Offline

    The Infidel EVIL CONSERVATIVE

    Joined:
    May 19, 2010
    Messages:
    17,252
    Thanks Received:
    3,170
    Trophy Points:
    48
    Location:
    AMERITOPIA
    Ratings:
    +3,173
    Grab your ankles.... because it isnt getting any better any time soon.

    That moratorium on deep water drilling is looking wiser and wiser every day!

    :cuckoo:
     
  3. B. Kidd
    Offline

    B. Kidd Gold Member

    Joined:
    Jun 15, 2010
    Messages:
    12,249
    Thanks Received:
    1,912
    Trophy Points:
    280
    Location:
    Western Lands
    Ratings:
    +6,924
    Last week here in Yuma we had an overnite jump from 3.17 a gallon to 3.29. This occurred BEFORE the shitstorm that is now Libya hit!
     
  4. Mr. H.
    Offline

    Mr. H. Diamond Member

    Joined:
    Aug 19, 2009
    Messages:
    44,127
    Thanks Received:
    9,267
    Trophy Points:
    2,030
    Location:
    A warm place with no memory.
    Ratings:
    +15,419
    We must make more ethanol! ;)
     
  5. zzzz
    Offline

    zzzz Just a regular American

    Joined:
    Jul 24, 2010
    Messages:
    3,072
    Thanks Received:
    422
    Trophy Points:
    98
    Location:
    Yountsville
    Ratings:
    +429
    It jumped to 30 cents here in Indiana to $3.36. Historically this is the cheapest time for gas. It will rise from now to midsummer on its own and $4 gas for the rest of the country is coming. If the unrest in the OPEC nations continue expect to see $5 gas by July 4th or before.

    What does this mean to the economy. Depression! People won't move closer to jobs because the jobs won't exist. What job gains the country had in the last year will be wiped out in a few months. It is simple really. People spend 50% more on gas and they have to cut back on other purchases. Put off that buying a washer or air conditioner. No consumer buying, inventory does not change, no production, no work! Add in the increase in food prices from the bad weather worldwide and the increased cost of transporting products and food (from the increase in diesel fuel) and it looks like a bleak year for the economy.

    It does not look good folks.
     
  6. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,618
    Yeah, I agree boys.

    Our fibrilating economy cannot stand any kind of shock to the system that immediately effects the working classes, and nothing will be more painful to that class than the effects of rising energy prices.

    Do recall that the price of energy was the indignity that was wrecking our economy when the banksters' economic meltdown happened, too.

    What does a rise to $4 mean to me?

    Giving up my home because I simply will not be able to heat it.

    Now I prbbably could stay in my home if other prices weren't also going to rise, but we all know that when the price of energy goes up, sp too does all the other stuff it takes to keep alive.

    Too many Americans are living right at the margin of solvency, right now.

    A dramatic rise in energy prices is going to make things get real ugly real fast.
     
  7. High_Gravity
    Offline

    High_Gravity Belligerent Drunk Supporting Member

    Joined:
    Nov 19, 2010
    Messages:
    40,159
    Thanks Received:
    6,894
    Trophy Points:
    260
    Location:
    Richmond VA
    Ratings:
    +7,726
    Gas is always more expensive out there, I am glad I left California because unless you are a rich there is nothing for you in that state. God help the people who have to pay $4 a gallon and pay $1200 a month for a little studio apartment.
     
  8. Claudette
    Offline

    Claudette Gold Member

    Joined:
    Nov 3, 2009
    Messages:
    19,754
    Thanks Received:
    3,044
    Trophy Points:
    280
    Ratings:
    +7,784
    Kiss your Summer vacations goodbye folks.

    Gas will probably hit $5 a gallon or better this Summer. If the bs going on in the ME spreads to Saudi Arabia and other oil producers it will get worse.

    The fucking Clowns in DC better open up ANWAR and start drilling off the coast of America now. Hell we have oil off the coast of Florida that the Chinese are slant drilling for right now.

    The Clowns better wake the fuck up.
     
  9. uscitizen
    Offline

    uscitizen Senior Member

    Joined:
    May 6, 2007
    Messages:
    45,941
    Thanks Received:
    4,791
    Trophy Points:
    48
    Location:
    My Shack
    Ratings:
    +4,807
    Ahh so we have had an economic recovery, now if we would just have a job and wage recovery.
     
  10. High_Gravity
    Offline

    High_Gravity Belligerent Drunk Supporting Member

    Joined:
    Nov 19, 2010
    Messages:
    40,159
    Thanks Received:
    6,894
    Trophy Points:
    260
    Location:
    Richmond VA
    Ratings:
    +7,726
    Hahaha who takes vacations anymore? with the price of gas the way its been for the past decade the only people who vacation are the rich, everyone else is just trying to survive.
     

Share This Page