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Re: Forum gossip thread by Herman

Cost of living, rising inflation

Started by Gaon, March 22, 2022, 09:27:17 PM

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Oliver Clotheshoffe

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A national gas station chain is reprogramming its pumps in Washington state to accommodate $10-a-gallon fuel, it has been revealed.



The move by Union 76 comes as the nation's average gasoline price soars to $4.57-a-gallon, almost twice the $2.41 average during Trump's last month in office.



A spokesperson for Union 76 gas stations confirmed that the national chain has begun reconfiguring its pumps to 'make room' for the possibility of double-digit prices, The Post Millennial reported. The spokesperson did not comment on whether the company is expecting prices to reach $10.00-a-gallon.



Meanwhile, other gas stations in the state have begun running out of gas as supplies become crunched, with reports saying at least 10 stations have run dry. The shortages are mainly effecting regular unleaded and premium gasoline, though diesel supplies are rapidly shrinking too.



Meanwhile some states - such as California - are reporting spiraling prices of up to $5.98 this week.



In January, 2021, the last month of Donald Trump's presidency, gas prices across the nation averaged $2.41-a-gallon, with some states charging averages under $2-a-gallon.



https://www.dailymail.co.uk/news/article-10830591/Gas-stations-Washington-reprogram-pumps-prepare-10-gallon-fuel.html">https://www.dailymail.co.uk/news/articl ... -fuel.html">https://www.dailymail.co.uk/news/article-10830591/Gas-stations-Washington-reprogram-pumps-prepare-10-gallon-fuel.html
Life is too short to be in a hurry

Anonymous

Quote from: "Oliver Clotheshoffe" post_id=451048 time=1653077259 user_id=3349
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[/img]



A national gas station chain is reprogramming its pumps in Washington state to accommodate $10-a-gallon fuel, it has been revealed.



The move by Union 76 comes as the nation's average gasoline price soars to $4.57-a-gallon, almost twice the $2.41 average during Trump's last month in office.



A spokesperson for Union 76 gas stations confirmed that the national chain has begun reconfiguring its pumps to 'make room' for the possibility of double-digit prices, The Post Millennial reported. The spokesperson did not comment on whether the company is expecting prices to reach $10.00-a-gallon.



Meanwhile, other gas stations in the state have begun running out of gas as supplies become crunched, with reports saying at least 10 stations have run dry. The shortages are mainly effecting regular unleaded and premium gasoline, though diesel supplies are rapidly shrinking too.



Meanwhile some states - such as California - are reporting spiraling prices of up to $5.98 this week.



In January, 2021, the last month of Donald Trump's presidency, gas prices across the nation averaged $2.41-a-gallon, with some states charging averages under $2-a-gallon.



https://www.dailymail.co.uk/news/article-10830591/Gas-stations-Washington-reprogram-pumps-prepare-10-gallon-fuel.html">https://www.dailymail.co.uk/news/articl ... -fuel.html">https://www.dailymail.co.uk/news/article-10830591/Gas-stations-Washington-reprogram-pumps-prepare-10-gallon-fuel.html

Justin Trudeau is ensuring Canadians never have affordable gasoline again.

Gaon

I paid $2.26.9 for each litre of petrol in Surrey.
The Russian Rock It

Rancidmilko

Quote from: Gaon post_id=451165 time=1653101873 user_id=3170
I paid $2.26.9 for each litre of petrol in Surrey.


That price is in dollars?
There\'s always a bigger fish.

Anonymous

Quote from: Rancidmilko post_id=453577 time=1653663945 user_id=2853
Quote from: Gaon post_id=451165 time=1653101873 user_id=3170
I paid $2.26.9 for each litre of petrol in Surrey.


That price is in dollars?

He meant Canadian dollars(pesos).

Anonymous

Quote from: "Shen Li" post_id=453612 time=1653666588 user_id=56
Quote from: Rancidmilko post_id=453577 time=1653663945 user_id=2853
Quote from: Gaon post_id=451165 time=1653101873 user_id=3170
I paid $2.26.9 for each litre of petrol in Surrey.


That price is in dollars?

He meant Canadian dollars(pesos).

It's still an outrageous price.

Gaon

Quote from: Rancidmilko post_id=453577 time=1653663945 user_id=2853
Quote from: Gaon post_id=451165 time=1653101873 user_id=3170
I paid $2.26.9 for each litre of petrol in Surrey.


That price is in dollars?

Like a poster said, Canadian dollars. It's down ten cents per liter this week.
The Russian Rock It

Anonymous

Beef prices are likely to continue rising as U.S. based cattle ranchers continue to shrink the size of their herds.



This move is expected to further constrain U.S. beef production in the coming months, the Wall Street Journal reported. Data from the federal government confirms that rising costs for feed and other expenses are encouraging ranchers to sell to sell calves into feedlots around the country at a faster rate which leaves fewer cattle available for slaughter. It is expected that this will become more pronounced later this year and into 2023.



By 2023, beef production is expected to decline by 7% and cattle prices are expected to increase to record highs. These increased costs and shrinking supply pose serious problems for meatpackers like Tyson Foods Inc., JBS USA holdings Inc., Cargill Inc., and National Beef Packing Co. It is likely that the increased cost of beef production is already being passed onto consumers. The more expensive it is to raise and maintain cows, and as fewer cows are raised for slaughter, the more expensive beef products will eventually cost. Ground beef and chicken prices have already reached all-time highs.

Thiel

Quote from: Herman post_id=453927 time=1653786058 user_id=1689
Beef prices are likely to continue rising as U.S. based cattle ranchers continue to shrink the size of their herds.



This move is expected to further constrain U.S. beef production in the coming months, the Wall Street Journal reported. Data from the federal government confirms that rising costs for feed and other expenses are encouraging ranchers to sell to sell calves into feedlots around the country at a faster rate which leaves fewer cattle available for slaughter. It is expected that this will become more pronounced later this year and into 2023.



By 2023, beef production is expected to decline by 7% and cattle prices are expected to increase to record highs. These increased costs and shrinking supply pose serious problems for meatpackers like Tyson Foods Inc., JBS USA holdings Inc., Cargill Inc., and National Beef Packing Co. It is likely that the increased cost of beef production is already being passed onto consumers. The more expensive it is to raise and maintain cows, and as fewer cows are raised for slaughter, the more expensive beef products will eventually cost. Ground beef and chicken prices have already reached all-time highs.

Naive energy policy has had a deleterious affect on farmers and consumers.
gay, conservative and proud

Odinson

They could remove the 24% VAT-tax from gasoline.



70 to 80% of gas-price is taxes and green fees.

Anonymous

Quote from: Odinson post_id=457368 time=1654600218 user_id=136
They could remove the 24% VAT-tax from gasoline.



70 to 80% of gas-price is taxes and green fees.

There has been calls for that in Canada..



Federally, Justin Trudeau raised the carbon tax while Canadians are suffering.

Anonymous

Quote from: Odinson post_id=457368 time=1654600218 user_id=136
They could remove the 24% VAT-tax from gasoline.



70 to 80% of gas-price is taxes and green fees.

Governments loathe lowering taxes especially braod based good eraning ones like consumption taxes. There doesn't need to to be inflation this high. If they dropped fuel taxes and the carbon tax that would trickle through the economy lowering the price of everything.  That will not happen.

Oliver Clotheshoffe

The price of gas went down in Phoenix!!!!





From $5.39 to $5.37...
Life is too short to be in a hurry

Biggie Smiles

Anyone notice how renting movies on Amazon prime has skyrocketed?

Anonymous

Quote from: "Biggie Smiles" post_id=457426 time=1654621519 user_id=3214
Anyone notice how renting movies on Amazon prime has skyrocketed?

We were thinking about Amazon Prime. Maybe we won't.