Gas prices
May 16, 2006 | 02:12 AM
#121
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Joined: Nov 2005
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Gas prices
That is like forgetting the asset value of your house and thinking you are in debt when you look at how much you owe on it.
My cost on a 2000 sqft house has gone up $20k - $30k since last May (that includes all price increases, not just romex) but my average margin on new house starts is up over twice that now..........which is much more than I thought even 2 months ago.
Yeah my cost is up but so are my profits. Why is it so common for people to look at unprecidented prosperity as the norm and any negative side effect as somehow unfair or unreasonable?
When times are good most make more money and most things cost more. When times are bad most make less and things cost less. The difference is that in the good times the average income goes up faster than the cost of goods.
There are always regions and a percentage of people who don't share in prosperous times but by and large this is true.
Life is good![img]i/expressions/face-icon-small-smile.gif[/img]
By the way my fuel bill is up to $700, up from about $600. So what?
May 16, 2006 | 03:57 AM
#123
Thread Starter
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Trailblazer
Joined: Aug 2003
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Gas prices
I don't think that gas prices being $5 or $6 a gallon in other countries means anything. How much of that is taxes, and is their minimum wage $5.35 an hour or $10.35 an hour? Economies are different in different countries. If you figure in the fact that they make more money than we do here, things would be more even in reality. I don't think that they have to do without toilet paper and food to buy gas.
May 16, 2006 | 10:05 AM
#124
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Gas prices
Originally posted by: DSNUT
Rocky - I'm with you man. I really don't think gas prices are that bad. The rest of the world has been paying this much and more for years. And they have waaaaaaaaay less money than any of us.............on average[img]i/expressions/face-icon-small-wink.gif[/img]
I think unleaded is over $5.00 per gallon in Europe....................
Rocky - I'm with you man. I really don't think gas prices are that bad. The rest of the world has been paying this much and more for years. And they have waaaaaaaaay less money than any of us.............on average[img]i/expressions/face-icon-small-wink.gif[/img]
I think unleaded is over $5.00 per gallon in Europe....................
The fact is my buddy got back from the last refinery built in the U.S....How old is it? Try 30yrs old.....where is it? Chicago....HMMMM.....Wonder why there is a shortage?
May 16, 2006 | 10:30 AM
#125
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Joined: Nov 2005
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Gas prices
Originally posted by: Lincous
I don't think that gas prices being $5 or $6 a gallon in other countries means anything. How much of that is taxes, and is their minimum wage $5.35 an hour or $10.35 an hour? Economies are different in different countries. If you figure in the fact that they make more money than we do here, things would be more even in reality. I don't think that they have to do without toilet paper and food to buy gas.
I don't think that gas prices being $5 or $6 a gallon in other countries means anything. How much of that is taxes, and is their minimum wage $5.35 an hour or $10.35 an hour? Economies are different in different countries. If you figure in the fact that they make more money than we do here, things would be more even in reality. I don't think that they have to do without toilet paper and food to buy gas.
Btw, I simply mentioned what I thought the price in Europe was to try and give some new perspective. Gas has been ultra cheap until lately. It is finally getting up to where the prices are understandable based on supply and demand. Actually, we are still getting a prety good deal.
Y'know how interest rates have been down in the 5% range for 5 years? When interest rates work their way up to 8 to 9% which is actually the sweet spot for a healthy economy, there will be a bunch of people complaining about the high interest rates. All they will care about is how it effects them. They won't even consider all the people out there that in this booming economy with unsustainably low interest rates that are making really lousy returns in any market that yields based on interest rates.
Gas prices were bad in the '70's. Compared to the average income during the Ford and Carter administrations, Gas was about twice as expensive as it is now.
During the late '80's and through the '90's (like our low interest rates) gas prices were unsustainably low by the laws of supply and demand, not only in this country but world wide supply and demand.
My point is, gas prices had to get more expensive based on real conditions. Just because we had a tremendous sale on gas for 15 years doesn't make our current prices high. Prices were low during the sale.
At $3.00 per gallon does anyone know someone who is going without toilet paper or groceries because fuel as gone up $0.70 in the last 4 months?
May 16, 2006 | 10:41 AM
#126
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Gas prices
I think the french do without toilet paper....A bidet is a low-mounted plumbing fixture or type of sink intended for washing the external genitalia and the anus.
LOL [img]i/expressions/face-icon-small-smile.gif[/img]
LOL [img]i/expressions/face-icon-small-smile.gif[/img]
May 16, 2006 | 10:53 AM
#127
Pro Rider
Joined: May 2004
Posts: 1,936
Likes: 2
Gas prices
Originally posted by: DSNUT
That is like forgetting the asset value of your house and thinking you are in debt when you look at how much you owe on it.
My cost on a 2000 sqft house has gone up $20k - $30k since last May (that includes all price increases, not just romex) but my average margin on new house starts is up over twice that now..........which is much more than I thought even 2 months ago.
Yeah my cost is up but so are my profits. Why is it so common for people to look at unprecidented prosperity as the norm and any negative side effect as somehow unfair or unreasonable?
When times are good most make more money and most things cost more. When times are bad most make less and things cost less. The difference is that in the good times the average income goes up faster than the cost of goods.
There are always regions and a percentage of people who don't share in prosperous times but by and large this is true.
Life is good![img]i/expressions/face-icon-small-smile.gif[/img]
You leave in good place it seams. Here, sub prices are slowly trying to recoup the higher costs of materials. So there wages still have not raised. Wired jumped 50 bucks a roll from last week alone!! You sure you had that in your budget? Thats a increase on a typical home here of about 1000 dollars. There's your monthly gas bill gone up in just one home.
Anywho, try thinking of those less fortunate than you. Someone who would like to go to the dunes, but now since it costs 100 dollars in fuel to get there, there machines sit under the carport, so they have enough money to pay for the fuel to get back and forth to work. It sucks for us, but worse for those that really cant afford the extra 30 dollars a fill up.
By the way my fuel bill is up to $700, up from about $600. So what?
That is like forgetting the asset value of your house and thinking you are in debt when you look at how much you owe on it.
My cost on a 2000 sqft house has gone up $20k - $30k since last May (that includes all price increases, not just romex) but my average margin on new house starts is up over twice that now..........which is much more than I thought even 2 months ago.
Yeah my cost is up but so are my profits. Why is it so common for people to look at unprecidented prosperity as the norm and any negative side effect as somehow unfair or unreasonable?
When times are good most make more money and most things cost more. When times are bad most make less and things cost less. The difference is that in the good times the average income goes up faster than the cost of goods.
There are always regions and a percentage of people who don't share in prosperous times but by and large this is true.
Life is good![img]i/expressions/face-icon-small-smile.gif[/img]
You leave in good place it seams. Here, sub prices are slowly trying to recoup the higher costs of materials. So there wages still have not raised. Wired jumped 50 bucks a roll from last week alone!! You sure you had that in your budget? Thats a increase on a typical home here of about 1000 dollars. There's your monthly gas bill gone up in just one home.
Anywho, try thinking of those less fortunate than you. Someone who would like to go to the dunes, but now since it costs 100 dollars in fuel to get there, there machines sit under the carport, so they have enough money to pay for the fuel to get back and forth to work. It sucks for us, but worse for those that really cant afford the extra 30 dollars a fill up.
By the way my fuel bill is up to $700, up from about $600. So what?
May 16, 2006 | 10:59 AM
#128
Pro Rider
Joined: Dec 2005
Posts: 2,250
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Gas prices
Yeah..supply and demand...stop building refineries for the last 30 yrs and poof the prices jump...the prices dropped below $1 gal a few years back because of blackmarket oil hitting the market under Saddam Hussein....and DS I'm not buying your bu11Sh!t
May 16, 2006 | 11:04 AM
#129
Extreme Pro Rider
Joined: Nov 2005
Posts: 3,940
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Gas prices
Originally posted by: 650VIPER
Originally posted by: DSNUT
That is like forgetting the asset value of your house and thinking you are in debt when you look at how much you owe on it.
My cost on a 2000 sqft house has gone up $20k - $30k since last May (that includes all price increases, not just romex) but my average margin on new house starts is up over twice that now..........which is much more than I thought even 2 months ago.
Yeah my cost is up but so are my profits. Why is it so common for people to look at unprecidented prosperity as the norm and any negative side effect as somehow unfair or unreasonable?
When times are good most make more money and most things cost more. When times are bad most make less and things cost less. The difference is that in the good times the average income goes up faster than the cost of goods.
There are always regions and a percentage of people who don't share in prosperous times but by and large this is true.
Life is good![img]i/expressions/face-icon-small-smile.gif[/img]
You leave in good place it seams. Here, sub prices are slowly trying to recoup the higher costs of materials. So there wages still have not raised. Wired jumped 50 bucks a roll from last week alone!! You sure you had that in your budget? Thats a increase on a typical home here of about 1000 dollars. There's your monthly gas bill gone up in just one home.
Anywho, try thinking of those less fortunate than you. Someone who would like to go to the dunes, but now since it costs 100 dollars in fuel to get there, there machines sit under the carport, so they have enough money to pay for the fuel to get back and forth to work. It sucks for us, but worse for those that really cant afford the extra 30 dollars a fill up.
By the way my fuel bill is up to $700, up from about $600. So what?
That is like forgetting the asset value of your house and thinking you are in debt when you look at how much you owe on it.
My cost on a 2000 sqft house has gone up $20k - $30k since last May (that includes all price increases, not just romex) but my average margin on new house starts is up over twice that now..........which is much more than I thought even 2 months ago.
Yeah my cost is up but so are my profits. Why is it so common for people to look at unprecidented prosperity as the norm and any negative side effect as somehow unfair or unreasonable?
When times are good most make more money and most things cost more. When times are bad most make less and things cost less. The difference is that in the good times the average income goes up faster than the cost of goods.
There are always regions and a percentage of people who don't share in prosperous times but by and large this is true.
Life is good![img]i/expressions/face-icon-small-smile.gif[/img]
You leave in good place it seams. Here, sub prices are slowly trying to recoup the higher costs of materials. So there wages still have not raised. Wired jumped 50 bucks a roll from last week alone!! You sure you had that in your budget? Thats a increase on a typical home here of about 1000 dollars. There's your monthly gas bill gone up in just one home.
Anywho, try thinking of those less fortunate than you. Someone who would like to go to the dunes, but now since it costs 100 dollars in fuel to get there, there machines sit under the carport, so they have enough money to pay for the fuel to get back and forth to work. It sucks for us, but worse for those that really cant afford the extra 30 dollars a fill up.
By the way my fuel bill is up to $700, up from about $600. So what?
Viper,
Your insinuation that I do not know how to keep track of my subcontractor and material prices is something I resent, first of all. I do know a little something about this business.
Second, to assume I only think of myself and have no compassion for those who are less fortunate than me is nothing but evidence that you know nothing about me.
I won't dignify your unfair estimate of me in this post by telling you how much I give to charity and to those around me who are less fortunate than I am. I will say it is a hell of a lot more than my fuel bill though.
Go judge someone else.
Ron
May 16, 2006 | 11:06 AM
#130
Pro Rider
Joined: May 2004
Posts: 1,936
Likes: 2
Gas prices
Y'know how interest rates have been down in the 5% range for 5 years? When interest rates work their way up to 8 to 9% which is actually the sweet spot for a healthy economy, there will be a bunch of people complaining about the high interest rates. All they will care about is how it effects them. They won't even consider all the people out there that in this booming economy with unsustainably low interest rates that are making really lousy returns in any market that yields based on interest rates
That has got to be the biggest pile of crap I have read Nut. WAAAAAAAAA oh no my rich **** isnt going to get a good return on my investments because interest rates are down, WAAAAAAAAAAAAAA!!!!! By the way, interest has been above 6% for over a year and a half here.
Sounds like to me all you care about is yourself as well!
That has got to be the biggest pile of crap I have read Nut. WAAAAAAAAA oh no my rich **** isnt going to get a good return on my investments because interest rates are down, WAAAAAAAAAAAAAA!!!!! By the way, interest has been above 6% for over a year and a half here.
Sounds like to me all you care about is yourself as well!