12-23-2014, 05:31 AM
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#1
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Registered User
Join Date: Sep 2013
Location: California
Posts: 466
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Quote:
Originally Posted by Giller
Bearing all that in mind - the price of gas as of a few months ago was extremely high - and in 2013 was about $3.50/gallon, slightly down from 2012. In all that, the US economy continued to grow and become dominate again in the world. So in the past few years, the price of gas has gone way up - but so has the US economy. A small increase to gas taxes would still keep the price under this magical $4, but also, the recent evidence shows that gas prices are not affecting consumer spending...at least not anymore.
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The US economy has continued to go up? What planet has that occurred on? Wow. Please read my moniker at the bottom
__________________
"Blind acceptance is a sign, of stupid fools who stand in line."
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12-23-2014, 05:37 AM
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#2
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Registered User
Join Date: Dec 2012
Location: Jackson Hole, Wyoming
Posts: 800
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$ 2.99/gal. for diesel in Tucson (not for the Boxster  !).
Someone please explain for me why diesel has become more expensive than premium in the last 10 years or so. It should be cheaper than regular!
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12-23-2014, 06:49 AM
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#3
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Registered User
Join Date: Dec 2013
Location: Greenville, S.C.
Posts: 2,670
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Quote:
Originally Posted by Joe B
$ 2.99/gal. for diesel in Tucson (not for the Boxster !).
Someone please explain for me why diesel has become more expensive than premium in the last 10 years or so. It should be cheaper than regular! |
To my knowledge it is because in America diesel isn't thought of Jetta fuel, rather peterbuilt fuel. The tax on diesel is much higher because the vehicles that use it are much heavier and account for more damage to infrastructure. To my knowledge that is, and what do I know.
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12-23-2014, 06:14 AM
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#4
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Registered User
Join Date: Sep 2013
Location: Chandler, AZ
Posts: 1,796
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Quote:
Originally Posted by Slate 01
The US economy has continued to go up? What planet has that occurred on? Wow. Please read my moniker at the bottom
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This mornings new reports indicated a 5% GDP growth in Q3. Pretty heady but we still have a ways to go to get out of the deep hole we were in.
__________________
03 Carrera
02 Boxster S Guards Red, black interior with matching hardtop
89 Carrera 4
89 944 S2
78 911SC
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12-23-2014, 07:17 AM
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#5
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Registered User
Join Date: Nov 2004
Location: New Jersey
Posts: 8,709
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Quote:
Originally Posted by Slate 01
The US economy has continued to go up? What planet has that occurred on? Wow. Please read my moniker at the bottom
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Well we have recovered from -4% GDP growth rates in 2009 but we're still below the post war average of ~3.25%. And the first quarter of 2014 saw the first -2.0 decline since the crisis. Third quarter was 2.7% to the plus side but still it's a sensitive seesaw where fuel prices play a dominant role.
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GT3 Recaro Seats - Boxster Red
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12-23-2014, 07:24 AM
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#6
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Registered User
Join Date: May 2007
Location: Kingwood, TX
Posts: 445
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So back on topic.........
Houston area:
:dance:
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12-23-2014, 07:45 AM
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#7
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On the slippery slope
Join Date: Mar 2014
Location: Austin and Palm Springs
Posts: 3,798
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Quote:
Originally Posted by Slate 01
The US economy has continued to go up? What planet has that occurred on? Wow. Please read my moniker at the bottom
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Planet earth!
Keep on listening to Rush, everything he says is the complete unequivocal truth 100% based on facts
__________________
2004 Boxster S 6 speed - DRL relay hack, Polaris AutoTop DIY
2004 996 Targa Tip
Instructor - San Diego region
2014 Porsche Performance Driving School
2020 BMW X3, 2013 Ram 1500, 2016 Cmax, 2004 F-150 "Big Red"
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12-23-2014, 09:10 AM
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#8
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I am my own mechanic....
Join Date: Feb 2013
Location: Salt Lake City, UT
Posts: 3,432
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Quote:
Originally Posted by JayG
Planet earth!
Keep on listening to Rush, everything he says is the complete unequivocal truth 100% based on facts
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Not as reliable as the No Spin Zone!
__________________
'04 Boxster S 50 Jahre 550 Spyder Anniversary Special Edition, 851 of 1953, 6-sp, IMS/RMS, GT Metallic silver, cocoa brown leather SOLD to member Broken Linkage.
'08 VW Touareg T-3 wife's car
'13 F150 Super Crew long bed 4x4 w/ Ego Boost
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12-23-2014, 12:23 PM
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#9
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On the slippery slope
Join Date: Mar 2014
Location: Austin and Palm Springs
Posts: 3,798
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Quote:
Originally Posted by Timco
Not as reliable as the No Spin Zone!
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they drink the same kool aid as Rush and are just as good in creating facts to suit their needs
__________________
2004 Boxster S 6 speed - DRL relay hack, Polaris AutoTop DIY
2004 996 Targa Tip
Instructor - San Diego region
2014 Porsche Performance Driving School
2020 BMW X3, 2013 Ram 1500, 2016 Cmax, 2004 F-150 "Big Red"
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12-24-2014, 03:57 AM
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#10
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I am my own mechanic....
Join Date: Feb 2013
Location: Salt Lake City, UT
Posts: 3,432
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Quote:
Originally Posted by JayG
they drink the same kool aid as Rush and are just as good in creating facts to suit their needs
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Absolutely correct. Can't stand those "bloviating" talking heads.....
I'll stick to FOX news......Fair & balanced.
__________________
'04 Boxster S 50 Jahre 550 Spyder Anniversary Special Edition, 851 of 1953, 6-sp, IMS/RMS, GT Metallic silver, cocoa brown leather SOLD to member Broken Linkage.
'08 VW Touareg T-3 wife's car
'13 F150 Super Crew long bed 4x4 w/ Ego Boost
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12-24-2014, 05:09 AM
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#11
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Registered User
Join Date: Dec 2012
Location: Jackson Hole, Wyoming
Posts: 800
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Quote:
Originally Posted by Timco
Absolutely correct. Can't stand those "bloviating" talking heads.....
I'll stick to FOX news......Fair & balanced.
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Does anyone with the slightest shred of intelligence actually listen to that crap  ? And now Colbert is no longer around to help make fun of their drivel :ah:.
Last edited by Joe B; 12-24-2014 at 09:19 AM.
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12-25-2014, 07:09 AM
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#12
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On the slippery slope
Join Date: Mar 2014
Location: Austin and Palm Springs
Posts: 3,798
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Quote:
Originally Posted by Joe B
Does anyone with the slightest shred of intelligence actually listen to that crap ? And now Colbert is no longer around to help make fun of their drivel :ah:. |
+1, you got that right
__________________
2004 Boxster S 6 speed - DRL relay hack, Polaris AutoTop DIY
2004 996 Targa Tip
Instructor - San Diego region
2014 Porsche Performance Driving School
2020 BMW X3, 2013 Ram 1500, 2016 Cmax, 2004 F-150 "Big Red"
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12-23-2014, 09:55 AM
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#13
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Registered User
Join Date: Jul 2014
Location: Listowel, Ontario, Canada
Posts: 1,120
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Quote:
Originally Posted by Slate 01
The US economy has continued to go up? What planet has that occurred on? Wow. Please read my moniker at the bottom
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Um, little place called Planet Earth. The information I get comes through my place of work (one of the worlds largest investment companies) and while I don't profess to be an expert - the US economy has grown fairly steadily since '09. Nothing crazy, but small, modest gains, putting it back in place as one of the worlds best. Heck, I can see it just by looking at my own personal stock portfolio!
__________________
2011 Boxster 987.2 Arctic silver / Black leather, PDK with Sports Chrono Package Plus
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12-23-2014, 03:18 PM
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#14
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Registered User
Join Date: Sep 2013
Location: Chandler, AZ
Posts: 1,796
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Quote:
Originally Posted by Giller
Um, little place called Planet Earth. The information I get comes through my place of work (one of the worlds largest investment companies) and while I don't profess to be an expert - the US economy has grown fairly steadily since '09. Nothing crazy, but small, modest gains, putting it back in place as one of the worlds best. Heck, I can see it just by looking at my own personal stock portfolio!
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Wall Street is doing great. Heck, I see that in my portfolio too. Main Street not so much. I can tell you wages have not been of the trajectory they once were for the average wage earner. I'm the head of compensation and benefits at my company and there have been many years of no raises and in the years were there have been raises they are been very meager averaging around 2.5%. Well below historical averages. The big winners of this have been stock holders as companies recovered and were able to keep wage growth down.
The big drop in gas prices is the biggest equivilent to a raise that Main St has seen in years and hopefully is the final push to get the overall economy benefiting almost everyone and not just a few.
__________________
03 Carrera
02 Boxster S Guards Red, black interior with matching hardtop
89 Carrera 4
89 944 S2
78 911SC
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