Okay the government has stated that we are using far less gas yet in the last 7 days our gas here has gone from $1.31 a gallon to $1.69 a gallon so whats up that caused a 29.5% increase in fuel prices??
the government queers the figures. i used less gas but marginally. add up a million marginals and demand spikes a bit. so do prices. seven years down the road ... same bullshit.
We should power our cars with other kinds of gas...like farts. I could sell my vegan farts...power a frickin' diesel truck, man.
The country as whole can't agree on anything. Haven't you observed the last...uh...dozen elections???
Most people are saying deflation before hyperinflation. But the change you mention is marginal, so I would attribute it to regular market related fluctuations. For one, oil always goes up when Middle Eastern conflicts gain in intensity. And then there was the spat with Russia.
I would buy that whole war ect deal if the oil we were recieving was raised but this is oil that has already been delivered long ago and made into fuel so I assume its just greed.
Ours went from 1.43 to 1.69. It does just seem like the ebb and flow of the market at this point. I wonder if Russia's choice is playing in the gas prices here as well. Hyperinflation is gonna suck major balls.
I think the important thing isn't so much why it's going back up, but why it went down in the first place. Could it be, in part, because the auto industry was suffering and were having a hard time turning over those trucks & SUV's??
Well the oil stocks went down tremendously....I think that was most of it. But I see where you are coming from. There is always some kinda thing going on behind the scenes.
It doesn't matter, Yank. It's not that linear. We're talking about speculative values here...and futures. The price of gas today is influenced by what speculators in financial markets think the price of oil will be in the future. And much of that has to do with the geopolitical situation of oil-producing countries. And if one gas station adjusts its pricing, the other ones have to respond in order to remain competitive.