LuckyDan
Senior Member
$4.07 for Regular in Coram/Hungry Horse Montana on 4/25. I didn’t pay attention to Diesel, sorry about that.
ski3pin said:gas prices rise like a rocket and fall like a feather...................
now $5.79
drum roll please..................now up to $5.99ski3pin said:and now $5.69. The feather is floating slowly downward.............
And now $6.19ski3pin said:drum roll please..................now up to $5.99
ski3pin said:And now $6.19
As long as we head north or east, gas is much cheaper than here..........................that helps keep us traveling.JWL said:We just took a trip from south Texas through Nm to south Utah (Bears Ears). After the first day I quit looking at the pump while and after filling so it didn’t ruin my trip!
We are staying home for awhile.
Kinda like hiking down to the bottom of the Grand Canyon -- the return leg of the trip is harder.ski3pin said:As long as we head north or east, gas is much cheaper than here..........................that helps keep us traveling.
Greed… is my best guess.buckland said:Massachusetts... $6.49 diesel, $4.67 regular... One thing I don't get. It isn't winter and all that home heating fuel (which is essentially diesel) isn't being consumed so why the high diesel costs?
The injection of the additional purchasing power was a short term issue and mostly spent on durables. That influx is over and does not explain the recent increase in fuel prices. As COVID restrictions have lifted, consumers have shifted their spending to more service sector related products/experiences.Stray Dog said:Greed? I don't think so. Companies are no more greedy now then they were when gas/diesel was $2. Companies are always "greedy" in that they need to make a profit to survive.
Greed can also result lower prices, as when a retailer drops prices below current levels to attract more customers...and increase sales.
The only way prices increase is if consumers have money to pay higher prices. If prices are too high, the product doesn't sell. AAA says that demand for fuel hasn't substantially dropped. Consumers have more purchasing power.
The most substantial change has been the injection into the economy over the past few years of gargantuan amounts of additional purchasing power....by governments as they print money and cause prices for all items to increase unreasonably.