Quote (ofthevoid @ Mar 12 2017 05:47pm)

The poorest people are usually the first ones to feel it when the price of oil goes up. Lets say the average family has 2 cars and is spending 60 dollars/week on gas for both @ 2.40. If gas is 4.00 dollars that's an increase of 40% that family has to spend an extra $24 per week on gas. Now apply that per month/year/10 years, the resources going for the price difference for gas can be invested/spent on something else (vacation, kids college fund, healthier food, gym membership, etc). Now understand that this is how it impacts the consumer directly at the pump, but gas being $4/gallon will also increase the amount you pay at the store for food, clothing & frankly any good that needs to be transported to the store. I could keep going but people need to understand the impact is far reaching when it comes to something as the price of oil being 2.40 compared to 4.00.

Quote (Beowulf @ Mar 12 2017 04:51pm)

lol I like how 4 is being used for the high

been plenty over that in cali over the years

Quote (Thor123422 @ Mar 12 2017 04:52pm)

Because prices have plummeted since gas halved in price.

Transportation is pretty negligible in the cost of food, clothing, etc.

Quote (ofthevoid @ Mar 12 2017 05:56pm)

Even numbers are nice and easy to demonstrate stuff :D

24*4*12*10=11,520 dollars saved over the span of 10 years if the price is 2.40 compared to 4.00

If we threw that money in an investment it'd be much higher. The savings you accumulate at the pump can be the difference between Billy going 30k into debt or Dad paying his college tuition.



Not sure what you're basing this off but transportation has always been a significant cost. Even at these prices it's not "negligible" i highly doubt they would be at 4.00 a gallon.

Quote (ofthevoid @ Mar 11 2017 08:21pm)

No waii

"They" are asking for the documents because some adults coached them on what to say and basically let the kids make some cute posters and probably spend 10 minutes on camera with some shallow environment talking points. Once the PR stunt was done, the team of lawyers stepped in and probably presented a behmoth case.

I mean i totally get the angle but this is the type of media spin i see more and more now a days. More and more are we relying on presenting a story in a way that will get us to say "Oh my Gawd, look a kid died on a beach in the Mediterranean, we must do something (meaning more war, more armaments, etc.) and if you're against doing something, you don't care about dying toddlers"

We're relying on fallacies that appeal to emotion, anger, fear, fill in the blank to basically give our position, whatever it is, a favorable image.

Quote (Thor123422 @ Mar 12 2017 05:16pm)

My mother-in-law is a loan assessor for the Department of Agriculture, she basically spends all day going over the books of farmers and the cost from production to shelf of food. I couldn't explain it as well as she does, but there have been many dinners where she goes over why people who say gas prices the cause for increase in food price don't know s*** about s***.

Even if it's not negligible it's not exactly a back-breaking amount. It takes a fraction of a gallon to get any particular item entirely through its production to the shelf.

Quote

"State of Logistics Report": U.S. business logistics costs hit $1.45 trillion in 2014, up 3.1 percent from 2013. Logistics costs accounted for 8.3 percent of U.S. GDP last year, according to the annual report issued by the Council of Supply Chain Management Professionals (CSCMP)

Quote (ofthevoid @ Mar 12 2017 06:27pm)

Obviously the cost of oil doesn't make up the majority of "logistics" but i'd wager it's not a negligible cost. This is only the United States, imagine world wide what the number probably looks like. Not sure what your aunt knows but i find it hard to believe it's negligible.

Quote (Knaapie @ Mar 12 2017 06:55pm)

Gas prices should go up. Gives ppl an incentive to make everything more efficient.

See the car industry as a recent example:

http://www.rff.org/blog/2016/how-do-gasoline-prices-affect-new-vehicle-sales

Quote (Thor123422 @ 13 Mar 2017 02:02)

I got an awesome deal on a primus due to low gas prices. Waiting for 4$/gal again so I can laugh at whomever bought our gas guzzling jeep.

Quote (Knaapie @ Mar 12 2017 07:05pm)

$4.. lol, I pay $5,7/gal