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How much is gasoline at the pump where you live? (current week cheapest you have   The Consumer You: Marketplace

Started Apr-12 by $1,661.87 in cats (ROCKETMAN_S); 6948 views.
Showtalk
Host

From: Showtalk 

May-13

West Coast variables:

  • higher taxes
  • fewer refineries
  • summer blends
  • high demand
  • less usable public transportation
WALTER784

From: WALTER784 

May-14

Showtalk said...

They have made it happen, it doesn’t occur in a vacuum. Public policy has a lot to do with what we are seeing now.

Government regulation and government policy have the most to do with what we are seeing now. But public policy does play a minor role as well.

FWIW

 

WALTER784

From: WALTER784 

May-14

Showtalk said...

West Coast variables

They help explain the "higher than average" prices on the west coast, but the entire AAA ratings are an average of all states and they pegged gas at $2.99 average across all states! So anything above that $2.99 average would have some other outside influence like you mentioned on the West Coast because they are quite a bit above the average.

But the $2.99 average doesn't have anything to do with the West Coast problems.

FWIW

Showtalk
Host

From: Showtalk 

May-14

Public policy is formed by whoever screams the loudest, as well as sometimes the good of the people.

Showtalk
Host

From: Showtalk 

May-14

No, it doesn't, I agree.

WALTER784

From: WALTER784 

May-15

Showtalk said...

Public policy is formed by whoever screams the loudest, as well as sometimes the good of the people.

Rarely do those who scream the loudest have the good of all people in mind.

FWIW

Showtalk said:

Unless they learn something else from living in Texas.

Hopefully they will learn something else. But most people tend to react with the same old failed behavioral patterns when they feel stress.

Showtalk said:

Prices in their new area have risen so local residents can’t afford homes anymore.

Gentrification really harms the ordinary working class in an area.

Except where they are served by the Colonial pipeline, which cyberterrorists shut down for nearly a week with a ransomware attack.

I did hear that someone hacked the hackers and took tens to hundreds of millions in cryptocurrency from them while shutting down their entire ability to conduct further cyberterrorism.

But gas went over $5 a gallon in those parts of the east coast.

Showtalk
Host

From: Showtalk 

May-19

I blame realtors who always wanted prices to go up.

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