Fuel costs and COLA soaring

G35POPPEDMYCHERRY · 03-08-2022, 09:41 AM

it only a matter of time before everything crashes from candyland. how we glued together and gave out money due to covid and shuttered businesses. I for one will save as much as I can and once the economy collapses. invest then get rich.

stevenopoly · 03-08-2022, 09:46 AM

I've already seen gas prices above 6 dollars in California. Let's Go Brandon!

rebekahb · 03-08-2022, 10:15 AM

Quote:

Originally Posted by TiMSport

In light of all this, I can't help but wonder how crazy expensive flight tickets will become considering jet fuel.

This really frustrates me. There was all this talk about how travel was expected to boom this summer due to restrictions being lifted but if the cost of plane tickets sky rocket then that won't happen. We are supposed to be going to Greece at the end of Sept and I'm thinking about buying my tickets now.

As far as EV and the goal they want to head towards. We can barely get cars as it is. How does this help people now and for the next few years?

I read earlier that the 7% inflation rate we've seen over the past year is the highest since 1982. We've jumped out of the frying pan and into the fire. How anyone can think what's going on is a good thing is beyond me.

ASAP · 03-08-2022, 11:07 AM

You all forget the worst part- the fed still hasn't really tapered asset purchases and there is 0 movement on the rate... they have literally put their head in the sand and are trying everything they can to destroy the lower and middle classes... its terrible... no one cares about inflation.

M5Rick · 03-08-2022, 11:10 AM

Diet Coke price here is stable, the 24 pack was under £9 today.

Pauldunlop13 · 03-08-2022, 01:06 PM

I just paid $4.59/gal for premium in Colorado - that is Cali prices dammit!

UncleWede · 03-08-2022, 01:11 PM

Quote:

Originally Posted by Pauldunlop13

I just paid $4.59/gal for premium in Colorado - that USED TO BE Cali prices dammit!

FTFY

IT was over $80 LAST WEEK to fill up the X3. I hope the wife is being light in the right

2000cs · 03-08-2022, 02:11 PM

Quote:

Originally Posted by ASAP

You all forget the worst part- the fed still hasn't really tapered asset purchases and there is 0 movement on the rate... they have literally put their head in the sand and are trying everything they can to destroy the lower and middle classes... its terrible... no one cares about inflation.

Although a rate increase is expected this month, I wouldn’t be surprised if the Fed waits because the steep oil/NG/gasoline increases are very de-stimulative. In other words, no need to put the brakes on the economy because oil is doing that already (along with all the general inflation).

chinniciF32 · 03-08-2022, 03:38 PM

$5.29 a gallon here in Greenwich, CT at shell, things are starting to look really bad across the board I dont think ill be getting an M4 or Porsche in the next couple years as planned. Just hold onto the f32 and save, save, save.

dreamingat30fps · 03-08-2022, 04:25 PM

Welp hold on to your britches! Banned Russian oil. Dunno how that all works but potus said it himself… price is going up up and away!

I picked a bad time to get rid of the Tesla! Although we don’t bring it up to NC anyways.

cooolone2 · 03-08-2022, 07:46 PM

Thanks Brandon!!!

Doin a fine job... Come on man!!!

UncleWede · 03-09-2022, 12:52 PM

I still have my little GMC Sonoma, bone stock with manual. It does pretty good on mileage.

My wife wants me to strongly petition my brothers to get dad's Toyota Highlander. We already have the X3, I don't need another SUV.

I NEED a truck. The Sonoma will suffice, although I really want the Jeep-truck in Sarge Green with diesel.

TheWatchGuy · 03-09-2022, 02:15 PM

Quote:

Originally Posted by dmatre

And I suppose the inflation in housing, used cars, food, etc. is all part of this EV plan as well?

housing materials costs, food, etc all require fuel to be transported. So yes, as fuel prices increase, you can expect those to increase as well.

Some of it like housing/cars/etc is also due to a decrease in supply, but to say the rising cost of fuel doesnt have an effect is naïve.

shiftdnb · 03-09-2022, 02:45 PM

Quote:

Originally Posted by cooolone2

Thanks Brandon!!!

Doin a fine job... Come on man!!!

I just don't understand how you're blaming Brandon for the rise in gas all over the world. You seriously look stupid doing this type of stuff.

3.0L · 03-09-2022, 02:55 PM

Quote:

Originally Posted by cooolone2

Thanks Brandon!!!

Doin a fine job... Come on man!!!

Quote:

Originally Posted by shiftdnb

I just don't understand how you're blaming Brandon for the rise in gas all over the world.

Crude oil prices are determined by global supply and demand.

https://www.eia.gov/energyexplained/...nd-outlook.php

ezaircon4jc · 03-09-2022, 04:53 PM

Quote:

Originally Posted by shiftdnb

I just don't understand how you're blaming Brandon for the rise in gas all over the world. You seriously look stupid doing this type of stuff.

Easy... He shut off our own production. We were energy independent until his 1st EO.

rebekahb · 03-09-2022, 05:00 PM

Easy killers….y'all are treading on thin ice. It doesn't take much to get a thread axed around here

jsf721 · 03-09-2022, 05:29 PM

Just paid a max cap rate of $ 3.69 gal for fuel oil. Last month it was $ 2.80 gal.

Hoping they don’t go force mesure and blow up the cap rate.

The govt needs to get domestic production on line super asap. Right now the middle and lower classes are being hurt too much. Business that run trucks are getting destroyed as well.

vreihen16 · 03-09-2022, 06:07 PM

Quote:

Originally Posted by jsf721

Business that run trucks are getting destroyed as well.

When I was out for a doctor visit this morning, I passed a cheap gas station (that I would never buy fuel at) and they were at $5.49/gallon for diesel. The TA truck stop across town is at $5.82/gallon for diesel right now according to their web site.....

micvite · 03-09-2022, 06:11 PM

Quote:

Originally Posted by Tommy-G

I don’t profess to be overly smart but…..in Florida things “appear” pretty normal. Do any other states appear different in the day to day?
My home state of NJ just stopped mask mandates, I was like whatttttt? Wasn’t that over a year ago? I mean even Disney stopped masks almost a year ago.

Yes gas is high, yes houses are through the roof, but back in 2008 I remember physically seeing the financial downturn all around me. I’m concerned that’s what’s coming again but I’m not a smart man

uhhh what? mask mandates in NJ have been over for a LOOONG time, what are you talking about?

Tommy-G · 03-09-2022, 06:33 PM

Quote:

Originally Posted by micvite

uhhh what? mask mandates in NJ have been over for a LOOONG time, what are you talking about?

Not according to my friends and family who live there. Maybe it’s only certain venues?
Schools/government buildingsB etc????

(Rechecked, it is schools)

micvite · 03-09-2022, 06:43 PM

Quote:

Originally Posted by Tommy-G

Not according to my friends and family who live there. Maybe it’s only certain venues?
Schools/government buildingsB etc????

(Rechecked, it is schools)

ah yeah schools just lifted, everywhere else was over like basically 2 months after it started

))

03-08-2022, 09:41 AM	#23
G35POPPEDMYCHERRY Banned 4999 Rep 4,139 Posts Drives: F80 Join Date: Dec 2015 Location: Philadelphia iTrader: (1)	it only a matter of time before everything crashes from candyland. how we glued together and gave out money due to covid and shuttered businesses. I for one will save as much as I can and once the economy collapses. invest then get rich.
	Appreciate 2 MaC-N54-E82495.50 DrFerry6734.50

03-08-2022, 09:46 AM	#24
stevenopoly Private First Class 236 Rep 133 Posts Drives: 350z Join Date: Dec 2014 Location: CA iTrader: (0)	I've already seen gas prices above 6 dollars in California. Let's Go Brandon!
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03-08-2022, 11:07 AM	#26
ASAP Major General 10257 Rep 8,679 Posts Drives: '23 X3 M40i Join Date: Sep 2012 Location: FL iTrader: (0)	You all forget the worst part- the fed still hasn't really tapered asset purchases and there is 0 movement on the rate... they have literally put their head in the sand and are trying everything they can to destroy the lower and middle classes... its terrible... no one cares about inflation. __________________ 2 x N54 -> 1 x N55 -> 1 x S55-> 1 x B58
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03-08-2022, 11:10 AM	#27
M5Rick General 61833 Rep 19,969 Posts Drives: M5 F10 DCT Gunmetal Join Date: Aug 2018 Location: Southern England iTrader: (0)	Diet Coke price here is stable, the 24 pack was under £9 today.
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03-08-2022, 01:06 PM	#28
Pauldunlop13 Second Lieutenant 425 Rep 290 Posts Drives: M4 Convertible Join Date: Sep 2017 Location: Colorado iTrader: (1)	I just paid $4.59/gal for premium in Colorado - that is Cali prices dammit! __________________ 2019 YMB ZCP convertible with Dinan Exhaust 2011 Ducati Diavel Carbon Edition 2015 BSM M4 Convertible - 2018-2019 2016 228Xi - 2017-2018 2003 Acura RSX Type S 2003-2017
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03-08-2022, 03:38 PM	#31
chinniciF32 Noob 70 Rep 255 Posts Drives: f32 n55 Join Date: Feb 2020 Location: Stamford, CT iTrader: (0)	$5.29 a gallon here in Greenwich, CT at shell, things are starting to look really bad across the board I dont think ill be getting an M4 or Porsche in the next couple years as planned. Just hold onto the f32 and save, save, save. __________________ FBO, MHD Stage 2+ E20, Xhp Stage 3
	Appreciate 1 DrFerry6734.50

03-08-2022, 04:25 PM	#32
dreamingat30fps Lieutenant Colonel 5421 Rep 1,926 Posts Drives: Miata, Cayenne, Model 3, F350 Join Date: Jan 2010 Location: South Florida & NC iTrader: (1)	Welp hold on to your britches! Banned Russian oil. Dunno how that all works but potus said it himself… price is going up up and away! I picked a bad time to get rid of the Tesla! Although we don’t bring it up to NC anyways.
	Appreciate 2 Dpc2u11503.00 DrFerry6734.50

03-08-2022, 07:46 PM	#33
cooolone2 Captain 639 Rep 718 Posts Drives: 20' M240iX B58, 01' 330XI E46 Join Date: Jul 2019 Location: NY, USA iTrader: (0)	Thanks Brandon!!! Doin a fine job... Come on man!!! Attached Images
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03-09-2022, 12:52 PM	#34
UncleWede Long Time Admirer, First Time Owner 18174 Rep 9,389 Posts Drives: G01 X3 M40i Dark Graphite Join Date: Jun 2005 Location: Oxnard, CA iTrader: (0)	I still have my little GMC Sonoma, bone stock with manual. It does pretty good on mileage. My wife wants me to strongly petition my brothers to get dad's Toyota Highlander. We already have the X3, I don't need another SUV. I NEED a truck. The Sonoma will suffice, although I really want the Jeep-truck in Sarge Green with diesel.
	Appreciate 1 DrFerry6734.50

03-09-2022, 05:00 PM	#39
rebekahb First Lieutenant 3143 Rep 320 Posts Drives: 2020 X5 M50i Join Date: Nov 2018 Location: New Orleans, LA iTrader: (0)	Easy killers….y'all are treading on thin ice. It doesn't take much to get a thread axed around here
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03-09-2022, 05:29 PM	#40
jsf721 Captain 1117 Rep 880 Posts Drives: 2019 540i X M Sport Join Date: May 2019 Location: Long Island, NY iTrader: (0)	Just paid a max cap rate of $ 3.69 gal for fuel oil. Last month it was $ 2.80 gal. Hoping they don’t go force mesure and blow up the cap rate. The govt needs to get domestic production on line super asap. Right now the middle and lower classes are being hurt too much. Business that run trucks are getting destroyed as well.
	Appreciate 0