Gas Prices, am I right?!

DonM can't do that ie price controls. Only commies do that.

propman can't do that ie price controls. Only commies do that

Well, rent control was a bust. Despite my being a "liberal", when it comes to economics and even the social programs for which I lean left, most Federal regulation tends to just be interference. I've got issues with a very human tendency to look for easy solutions to complex problems. But I've grown tired of the misattributions to presidential administrations for all the erroneous blame they receive.

backinit This is laughable. The US economy thrives on inexpensive energy. This is something Biden did his best to stick a fork in from the start. Bidenomics...

What a pain in the ass. This isn't The Water Hazard. You simply post an unsubstantiated opinion? And Walterjn and jsippy73 like it? Why, because rumors, gossip, and sound bites float your boat? Support your statement or shut-up. Are you famililar with the ebb and flow of "energy" costs? Take a look over time and share your experience with all of us. And, try to display a correlation between those costs and presidential administrations.

professor I don't have to "support" my statement for it to be true. And I don't have to attack you to disagree with you.
Lie, cheat, steal and attack...

professor
STFU

Support a statement? That's asking a lot.

backinit I don't have to "support" my statement for it to be true.

Wow, that's rather ignorant. But you're correct, you don't have to do anything. Just remain close-minded. See, if you don't provide any substantiation how might I better understand or perceive you perspective?

backinit Lie, cheat, steal and attack...

Whatever the hell that means...? Is that some sort of accusation? I'm sorry, who's most notorious at this present day and age for "lie" and "steal"? Who's the 'father' of "stop the steal"? I have to imagine you don't believe in the rule of law nor decisions made by innumerable courts in our country?

But you sure did get jsippy73's endorsement. I wonder why?

Does saying that low energy cost is beneficial to an economy really require support? Is there some product or service that doesn't require energy that we can use to drive the economy?

I can see why some products that use one form of energy may benefit from a high cost to alternative energy, but overall the lower the cost of energy, the lower the cost of everything. Unless you assume a lack of competition in the economy, in which case there is an additional issue that needs to be addressed, but unrelated to whether lower energy costs is beneficial.

johnnydoom
You're way over his head. All he wants to do is ridicule people. It's his way of having fun or getting off.

johnnydoom but overall the lower the cost of energy, the lower the cost of everything.

It's supposed to work like that. It used to. 10 years ago I never really noticed prices fluctuating with energy prices, but that may be from not paying attention to such. But in the years between now and then, I have seen it. ex., I used to buy 12 pks of 'pop'...soft drinks at the gas station around the corner and would comment when paying as to the price being related to their gas pricing.......up when gas was up, down when gas was down. Jokingly asked them if they knew if what was in the cans would taste like oil? Grocery prices were always up/down, and that was always the case, every visit would be different, esp. in certain depts. within the store.
Other than gas & grocery prices, I don't notice any fluctuating. With home energy use, typically it goes up. Housing goes up. Vehicle prices go up. Entertainment goes up. Dining out goes up. Clothing, to an extent, goes up. And yes, golf equipment goes up(only down on previous year models).
And wages go up, and have gone way up for most/a majority of employees....in certain fields/areas.

If prices drop, they will not over all areas, only where is 'normal/historical'. And we, imo, will not notice it so much. Workers will never give up wages nor will companies give up profits. Both sectors are used to what they now have. And the companies will keep theirs up in case of another Covid type situation. Price declines may only come from excess inventories and be very temporary/short term deals. Much like end of year vehicle model sales, which never 'save' anyone any money.

I read an article yesterday about some lady that, because of a discussion with her husband, went back through her Wal-Mart grocery receipts. 4 years ago she spent $XXX on 1 visit. She went through the list and input those same items on a 'to buy' list. Total came to 135% higher!
Prices are not coming down to where people are thinking/wanting/needing. The world has never worked that way. We might see $2.00 gas for our vehicles tomorrow, but in 3 years we might also have to sell said vehicles.....can't afford gas!!
And btw.....that vehicle ins. & registration is not going down either.

Everyone wants to talk about the weather, but................

johnnydoom They do appear, anecdotally, to be losing quite a bit of business lately around here due to keeping the prices high.

This made me chuckle. People complaining about fast food prices......are they now going to buy groceries and eat at home?
Then complain about the food prices in the store + having to cook meals??

johnnydoom But companies will give up workers if they need to attain competitive pricing while keeping a profit.

My grocery store has about 11 lanes. Every time I'm in there, 1 or 2 are open, besides self-checkout. Even on Friday.
Not sure what they are going to do when they get rid of self-checkout, as most places are now doing.

And btw.....that chain claims to be 'employee owned'.

professor At least johnnydoom can put together comprehensible statements. It's good that you show your ass in The Clubhouse. That way everyone gets to see your level of ignorance.

The "Professor" showing what he does best: Personal attacks.

Par4QC I don't know where the people are going instead. I've just noticed that the places my kids like close by, Wendy's and Taco Bell, used to have very long lines in the drive thru a couple of years ago and now we can pretty much just drive up and order. They're not eating inside these places either. So either it's pre-made stuff from the frozen food section, or they're going to the numerous sit-down Mexican restaurants, which seem to be doing quite well since the prices are now equivalent, but the service is much better.

Par4QC Agreed, about the weather. really nice here at 86 and some mild humidity for here (25%). Love living here.