Other > Off-topic discussions
Gasoline!!!!
Rocket Man:
--- Quote from: Gimper on December 22, 2012, 06:10:39 am ---I think you mean deflation, not inflation. But either way, the president does indeed have power over it. He controls the amount of fuel that is admitted into the USA. TYVM!
--- End quote ---
No, I'm pretty sure he means inflation. Again you are sucking at the English language. Inflation = bigger. Gas prices increase (increase = bigger) herp da derp.
And uh... yeah, you have no fucking idea how economics work. Nuff said.
-The president has next to no power over the economy whatsoever. Practically zero. He does not control "how much" comes in... Where did you get that idea? He DOES have control over the RESERVE and Obama released about 60 million barrels into the market, but that's about it.
It comes down to simple economics, supply and demand. China, india, south america, etc are started to go for oil now, they want to expand, etc. UNLIKE before where it was practically just USA and some european countries using oil now we've got 3 other emerging superpowers vying for the supply.
Demand is growing, get used to it.
But, it is true as well that part of the prices is because people tend to stock up on fuel after they get their paycheck. So, say every week, people get their paycheck on friday. practically all of them go get fueled up, prices rise, because suddenly demand just spiked up. Over the week, the prices get a little lower, and then spike again on friday, but instead of say, 2.00 dollars it was the friday before, it's 2.02 dollars or some shit like that. It just gradually ends up increasing sometimes.
Berko:
Maybe because USA increase his production? (shale gaz & co, new resources, ..) and as "every body" have his own car, consummation stop grow?
And yeah the price always fluctuate with market
manero:
--- Quote from: brad smalls on December 22, 2012, 05:39:58 am ---$1.80 preimium australia
--- End quote ---
lol what?
brad smalls:
Because the Australia Goverment is keeping it down and unlike EU and USA we don't have sanctions on evil countries so we get it alot cheaper cause we have more avaliablity +there is a pertrol war because the 2 big supermarket chains in Australia are having pricing/special war if your smart you will do all of them and in reallity is 1.73 per litter
Mr Feltzer:
--- Quote from: manero on December 23, 2012, 11:01:11 pm ---lol what?
--- End quote ---
Manero, its $1.80/litre in Australia for Premium unleaded fuel. however, Im too poor for fuel. Im going to be running my car off steam of CO1
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