INFLATION IS OUR FRIEND

CalBears96 said:
fatduck said:
LA gas prices vary a lot based on location.  you sometimes see a $2+ difference per gallon in stations across the street from one another, because one is an easier turn in/out.  time=money.

or whatever i'm sure tom cotton will win cali by 10 points because of PAIN AT DA PUMP
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You know for sure that the gas stations near free entrance/exit overcharge you.
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He does not know. The troll is probably not from here.  8)
The Trumpkin is recycling his facebook posts. lol
 
morekaos said:
Except it won?t go back down?only up more from here.  That will be strange.
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Not strange, totally predictable based on concentration of market share, just like Standard Oil.

It?s why feeder cattle price is the same as it was in 2017 & 2018 and then trended down in 2019 & 2020 and returned to pre-pandemic levels yet prices on beef cuts have increase 60-100%.
 
I think we should be more concerned about stagflation more so than inflation. If prices are going up and wages are up to offset the inflationary costs, we aren't as screwed. TBH oil prices are the least to be concerned about. I'd be more concerned about food prices, rents, consumer goods, etc. With WFH being more common, people aren't going to be driving as much as before. So yes, it sucks, but it doesn't suck that much.
 
That's really not a great (fair) way of looking at it...

Outrage as MSNBC host Stephanie Ruhle claims Americans CAN afford to pay more as cost of living soars: Says 'dirty little secret' is that households saved money over pandemic and can now afford expensive groceries

'The dirty little secret here, Willie, while nobody likes to pay more, on average, we have the money to do so,' MSNBC's Stephanie Ruhel said
Rahul argued that retail prices and market values going up are proof that while Americans are complaining about something that could promptly be fixed
Rahul cited government monetary aids as a reason that Americans should be able to afford the record-high increase on the price of living
Stock prices, retail increase and market value are not indicatives of a strong economy, outraged Twitter users pointed out
Just in October, the Department of Labor reported a 6.2 percent increase in the consumer price index - the largest annual increase since 1990
[url]https://www.dailymail.co.uk/news/article-10201865/Central-Park-rape-suspect-shows-ankle-monitor.html[/url]
 
So awesome...hope to see newer highs soon!!! It's a good thing everyone can afford this...

Record Surge Of Gas Prices At The Pump Reach New Heights

SAN FRANCISCO (CBS SF/CNN) ? Sticker shock at San Francisco Bay Area gas pumps was beginning to reach panic levels early Monday as prices surged to more than $4.85 a gallon, setting a new record for the state for a second day in a row.

Prices were pushing $5 in some areas, including in Humboldt County, where the average price was $4.97 Monday.

Doug Shupe, a spokesperson for AAA, said that although Californians are used to paying more for gas, the price has been much higher lately.

?Drivers are paying $1.50 more per gallon than a year ago,? Shupe said. ?It means the person who has the typical midsize sedan with a 14 gallon size fuel tank, they?re paying $21 more to fill up that tank today than last year.?

https://sanfrancisco.cbslocal.com/2021/11/15/record-surge-of-gas-prices-at-the-pump-reach-new-heights/
 
eyephone said:
Again. The fake financial advisor forgets to mention that there is a global energy crisis.
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Oh yah...let's beg OPEC to pump more....genius!!! Or no, wait...the evil oil companies are changing over to winter blend and doing maintenance at the same time!!! coincidence?  I think not!! ;D ;D >:D
 
Euro News Article: Why Europe's energy prices are soaring and could get much worse

Citizens in countries like Spain, Italy, France and Poland are now facing all-time-high energy bills that add to the economic woes caused by the pandemic. The popular discontent has put governments on high alert, with ministers scrambling to come up with emergency measures, even if they're short-term and only partially effective to cushion the impact.

In Italy, Roberto Cingolani, minister for the ecological transitions, has already warned Italians to expect a 40% increase in their bills over the next months. France said it will send one-off ?100 payments to over 5.8 million low-income households. In Spain, the government has promised to bring prices down to 2018 levels. Madrid also sent a letter to Brussels asking for EU-wide action. "We urgently need a European policy menu pre-designed to react immediately to dramatic price surges," the letter said.

But as the crisis spills over the bloc and citizens express increasing concern, it's unclear how much power the European Union can exert to rein in the excesses of a liberalised energy market whose primary source comes from outside its own borders.

The economic recovery prompted a new wave of energy demand, which further increased during the summer when sweltering temperatures pushed people to use air conditioning and cooling systems. East Asian countries then joined Europe in the quest for energy to kick start their COVID-ravaged economies. However, the growing demand was not met with a growing offer.
https://www.euronews.com/2021/10/28/why-europe-s-energy-prices-are-soaring-and-could-get-much-worse

 
It?s cool?you can afford it?

Tyson Foods will hike prices again to combat Bidenflation and soaring costs

The biggest meat company by sales in the United States has announced significant prices rises for the fourth quarter, as the impact of the highest inflation for 30 years continues to be felt.

Tyson Foods, based in Springdale, Arkansas, announced on Monday that chicken prices rose 19 per cent during its fiscal fourth quarter, while beef and pork prices jumped 33 per cent and 38 per cent, respectively.
[url]https://twnews.co.uk/uk-news/tyson-foods-will-hike-prices-again-to-combat-bidenflation-and-soaring-costs[/url]
 
eyephone said:
Euro News Article: Why Europe's energy prices are soaring and could get much worse

Citizens in countries like Spain, Italy, France and Poland are now facing all-time-high energy bills that add to the economic woes caused by the pandemic. The popular discontent has put governments on high alert, with ministers scrambling to come up with emergency measures, even if they're short-term and only partially effective to cushion the impact.

In Italy, Roberto Cingolani, minister for the ecological transitions, has already warned Italians to expect a 40% increase in their bills over the next months. France said it will send one-off ?100 payments to over 5.8 million low-income households. In Spain, the government has promised to bring prices down to 2018 levels. Madrid also sent a letter to Brussels asking for EU-wide action. "We urgently need a European policy menu pre-designed to react immediately to dramatic price surges," the letter said.

But as the crisis spills over the bloc and citizens express increasing concern, it's unclear how much power the European Union can exert to rein in the excesses of a liberalised energy market whose primary source comes from outside its own borders.

The economic recovery prompted a new wave of energy demand, which further increased during the summer when sweltering temperatures pushed people to use air conditioning and cooling systems. East Asian countries then joined Europe in the quest for energy to kick start their COVID-ravaged economies. However, the growing demand was not met with a growing offer.
https://www.euronews.com/2021/10/28/why-europe-s-energy-prices-are-soaring-and-could-get-much-worse
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The fake financial advisor cant understand the growing global demand for energy.
 
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eyephone said:
eyephone said:
Euro News Article: Why Europe's energy prices are soaring and could get much worse

Citizens in countries like Spain, Italy, France and Poland are now facing all-time-high energy bills that add to the economic woes caused by the pandemic. The popular discontent has put governments on high alert, with ministers scrambling to come up with emergency measures, even if they're short-term and only partially effective to cushion the impact.

In Italy, Roberto Cingolani, minister for the ecological transitions, has already warned Italians to expect a 40% increase in their bills over the next months. France said it will send one-off ?100 payments to over 5.8 million low-income households. In Spain, the government has promised to bring prices down to 2018 levels. Madrid also sent a letter to Brussels asking for EU-wide action. "We urgently need a European policy menu pre-designed to react immediately to dramatic price surges," the letter said.

But as the crisis spills over the bloc and citizens express increasing concern, it's unclear how much power the European Union can exert to rein in the excesses of a liberalised energy market whose primary source comes from outside its own borders.

The economic recovery prompted a new wave of energy demand, which further increased during the summer when sweltering temperatures pushed people to use air conditioning and cooling systems. East Asian countries then joined Europe in the quest for energy to kick start their COVID-ravaged economies. However, the growing demand was not met with a growing offer.
https://www.euronews.com/2021/10/28/why-europe-s-energy-prices-are-soaring-and-could-get-much-worse
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The fake financial advisor cant understand the growing global demand for energy.
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Add India and China to the global energy crisis. Also, South America is having energy problems with a water problem.

South Africa is also having an energy crisis with power outages.

 
morekaos said:
Posting that gas was $3.72 in 2019 when they are now paying $4.67 is useless posting but ok?.
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Moreliar still lying.

$3.72 was average for 2019. $4.67 is the price for October 2021. Gas price for October 2019 was $4.27. But that's besides the point.

You were trying to post misinformation....that California has just overtaken Hawaii as the highest price.
 
Was just posting from your article (opinion).  California is more expensive than HI because we are dumb enough to tax ourselves into oblivion?the stupid taxing the masses into ?fairness?. Besides, who cares about what energy is in Europe? This is an OC board?right?

CalBears96 said:
What does Manhattan have to do with OC? It's $4.xx in OC.
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