Wow.... Huge drop in grocery prices!

You said:
"With all the petroleum we export we should be paying ≤ $2/gal"

That is just as ignorant as it can be and you were told just that, yet you defended your comment with some unrelated bullshit! You do it time and time again. I called you on it as did others.
Go back and read the thread Einstein. When you discover that I DIDN'T POST ANYTHING ABOUT PAYING LESS THAN $2/GAL. you can apologize and admit that you're WRONG. I'll wait, but I won't hold my breath. Thanks for one more thing I can put in your file.
 
Go back and read the thread Einstein. When you discover that I DIDN'T POST ANYTHING ABOUT PAYING LESS THAN $2/GAL. you can apologize and admit that you're WRONG. I'll wait, but I won't hold my breath. Thanks for one more thing I can put in your file.
I screwed up and was confused. Please accept my sincere apologies. You were correct. I jumped the shark!

When I **** up, I admit it and this was one of those times.
 
Enjoy any Price drops on Groceries while You can. In fact, if You can "Can it","Dry it", Freeze it", I would do so.

"It may be that America rebounds from the Iran crisis favorably and without sustained pressure on oil and gas prices. Yet other threats lurk that could quickly create shortages of far more important items than toilet paper. The Strait of Hormuz is a major shipping route for fertilizers — about a third of the world’s supplies, including about half of the world’s supplies of the nitrogen fertilizer urea, pass through those troubled waters. About 20 percent of global supplies of liquid natural gas (the primary ingredient in urea production) also pass through the Strait of Hormuz. So it’s no surprise that urea prices have risen by as much as 50 percent since the Iran conflict began,


The disruption in Iran exposes the myriad risks to this food production system. A foreign attack using an electromagnetic pulse (EMP), nuclear bomb, or terror cells could disrupt this finely tuned supply chain far more profoundly than a pandemic. Social disruption, a financial collapse, rapid inflation, or another disease outbreak could quickly wreak more havoc than was seen a few years ago (which left grocery prices 20-30 percent higher).



Now is the time to reform U.S. agricultural and food policy.
The new food pyramid requires healthier, locally produced foods, not ever more imported junk. The nation’s cattle herd must be replenished even as consumers demand more steaks and burgers.


America’s energy-dependent food supply is highly vulnerable to a global spike in oil prices and to many other potential disruptions. The Iran conflict is a wake-up call to Americans to stop taking their farmers and food supplies for granted. The threat is not merely rampant food inflation. One day, a national crisis may prevent millions of Americans from obtaining any food at all."


 
Unable to educate the uneducable. They have their mind made up to remain ignorant.
Au contraire...commodities is still a choice ...
Saudi Arabia provides gasoline to their residents completely free of the commodities exchange even though they are one of the major beneficiaries of the petroleum spot markets.

Uneducable is being too rigid to see the difference.
 
Au contraire...commodities is still a choice ...
Saudi Arabia provides gasoline to their residents completely free of the commodities exchange even though they are one of the major beneficiaries of the petroleum spot markets.

Uneducable is being too rigid to see the difference.
They also own their oil companies, dumbass!
 
They also own their oil companies, dumbass!
So?....adding that info does absolutely nothing to circumvent the point that I made already.
The Sauds have chosen a different system The US has chosen capitalism.... The point remains intact.... No need for childish name calling.
 
So?....adding that info does absolutely nothing to circumvent the point that I made already.
The Sauds have chosen a different system The US has chosen capitalism.... The point remains intact.... No need for childish name calling.
Many countries do that! It's nothing new and you tried to make a distinction that does not exist. That's pretty dumb if you ask me and most everyone else would agree. If your economic knowledge was gasoline, it wouldn't power an ant's motorcycle around a B-B.
 
Shrinkflation is rampant. Go the store, and the amount of the item you are paying for is smaller than ever. Shrinkflation is off the charts.
 
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Many countries do that! It's nothing new and you tried to make a distinction that does not exist. That's pretty dumb if you ask me and most everyone else would agree. If your economic knowledge was gasoline, it wouldn't power an ant's motorcycle around a B-B.
!
Many countries do that! It's nothing new and you tried to make a distinction that does not exist. That's pretty dumb if you ask me and most everyone else would agree. If your economic knowledge was gasoline, it wouldn't power an ant's motorcycle around a B-B.
Nobody said it was anything new. I'm well aware of the fact that some countries do and some countries don't.What distinction are you talking about?
Of course there's a distinction. The SAUDs separates part of their national product directly to their own financial benefit, whereas the United States does not. That, my friend, is definitely a distinction that DOES exist.

I don't give a shit who does it or who doesn't do it.The whole concept seems heartlessly wasteful, and I'm not by myself in that particular opinion. In fact, there's an entire school of thought out there that believes the United States should definitely nationalize some of its own petroleum product SPECIFICALLY FOR THAT REASON.

This post is about financial decisions made in different parts of the world under different types of government systems. It's not about anyone's personal intelligence, which is something you constantly seem to try to make it about. Not exactly sure why you do that, but it is a repetitious habit with you. Sarcasm and down-talking pervade most of your posts. I must admit to being guilty of it myself at times.

This may come as a surprise to you. However, people are capable of disagreeing with you without being stupid.This is a concept you apparently struggle with.
 
Lemme know when beef and hams get reasonable. :mad:
Until then, pork chops are.
Actually I'm about to make burritos with ground beef, but OK.
It was $2.67 when I bought it.
 
!

Nobody said it was anything new. I'm well aware of the fact that some countries do and some countries don't.What distinction are you talking about?
Of course there's a distinction. The SAUDs separates part of their national product directly to their own financial benefit, whereas the United States does not. That, my friend, is definitely a distinction that DOES exist.
Maybe in your undereducated experience.
I don't give a shit who does it or who doesn't do it.The whole concept seems heartlessly wasteful, and I'm not by myself in that particular opinion. In fact, there's an entire school of thought out there that believes the United States should definitely nationalize some of its own petroleum product SPECIFICALLY FOR THAT REASON.
Those people are called Democratic Socialists.

This post is about financial decisions made in different parts of the world under different types of government systems. It's not about anyone's personal intelligence, which is something you constantly seem to try to make it about. Not exactly sure why you do that, but it is a repetitious habit with you. Sarcasm and down-talking pervade most of your posts. I must admit to being guilty of it myself at times.
it is about your intelligence if you do not understand the different political systems.
This may come as a surprise to you. However, people are capable of disagreeing with you without being stupid.This is a concept you apparently struggle with.
Not in your case, apparently. When you say something stupid, be assured I will let you know!
 
Maybe in your undereducated experience.

Those people are called Democratic Socialists.


it is about your intelligence if you do not understand the different political systems.

Not in your case, apparently. When you say something stupid, be assured I will let you know!
Captain Salty is in combato combato mode.
 
SHUP Filthy AllStain wrong on every single issue since I joined here. Yet they have no shame? Why waste time on the dirty muck? Read it all. Expand it. Long list of WINNING!!!
TOLD YA SO LOL!

 
15th post
Is it just in my area? In the span of two weeks I saw a 30 to 40% drop on many of the major staples including meats and certain types of vegetables....

Chicken and pork in particular have come way down and this morning I saw 88-cent a dozen eggs...

Give me more of this thank you!

Jo
Sure you did.
 
Oil is $85 and going down. LOL. Keep digging Skippy.
Personally I think a certain percentage of the oil surplus that gets drilled and pumped should be nationalized and set aside to mitigate across the energy for the average American. I realize this is contrary to Capital economies but somebody's got to do something about the cost of energy.
 

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