Gas Price Ramifications... Not Good

[ATex7239]

35 gallon gas tank in a pick up is ~$140 per fill up using ~$4 per gallon average for 87. No thank you.

 

[TiGeo]

35 gallon gas tank in a pick up is ~$140 per fill up using ~$4 per gallon average for 87. No thank you.

When I had a company truck about 10? year ago...F-150 5.0 with the exteded range 35 gal tank. >$100 fill ups...so much that you had to do it twice b/c max credit card transaction at the pump was $100.

 

[SammyChevelleTypeS3]

Its the same. There are not enough people because we have our largest cohort - the baby boomers, retiring and wanting to buy services, while we have very small cohorts joining the workforce. Supply and demand, and as you can see, that smaller group is employed already. No slack in the supply chain.

Of those people available and willing to work low paying jobs, no one wants to work for Walmart because they pay slightly less than starbucks, Chik Fila, Chipotle, etc.

Almost NO forms of auto work are easy. One must love doing mechanical type of work and especially have a love for autos to take on any of those jobs.
Outside of auto dealerships and auto manufacturers (who pay well) it is an absolute disgrace what most places (Walmart/Quicky Lubes/Tire shops etc...) offer to pay those workers for the (tough on the body) type of work required.

 

[meep]

Last weekend north Alabama prices didn’t seem much changed. Today was a smack!

Regular was 3.59, and 93 was 4.79, out in the county, not even a city. That’s pretty high out here.

 

[SammyChevelleTypeS3]

Around here all one has to do is whisper "gas prices" and they go UP !

$3.59 for regular SHELL today.

 

[Huskyguy68]

to the Canadians on here...what is your current pump price?
Today it hit $2.10 Liter for regular gas in Vancouver (and we were kinda pissed off at the $1.65-1.77L just before this Iran **** show.

 

[tbm5690]

Thankful that I am a minimal consumer of gas due to the proximity of all of our needs to where we live. I spend about $150 per month combined for both of our vehicles (wife and I) to get around. Gas prices going up 1.5x means a lot less to me than someone who commutes 60 miles one way.

 

[nickaluch]

well, many ARE sitting at home, more than ever, making Youtube/Gofundme/onlyfans videos, and sitting around at home smoking pot, banging potatoes, unemployed, living at parents rent free, and have alcoholism. A top ten LOLcow on KiwiFarms, that dresses like a pirate...
Styxhexhammer666
He is not the only one, I know of some Gamers that are this bad.

You sound jealous

 

[nickaluch]

Exactly. What's a poor boy to do?

Maybe move closer to the job?

 

[B6_Dolphin]

Maybe move closer to the job?

Or WFH...

FWIW, I topped-off yesterday at the cheapest Costco in the area, Smokey Point, for $4.72/gal premium.

Before the war, it was $3.59/gal.

 

[andrew_j]

Diesel hit $5 locally so the diesel bros (have no use owning it get slammed hard) and poor commercial owners hit hard.

 

[GSCJR]

to the Canadians on here...what is your current pump price?
Today it hit $2.10 Liter for regular gas in Vancouver (and we were kinda pissed off at the $1.65-1.77L just before this Iran **** show.

$1.39/L in the GTA just a week ago; today, $1.72 @ the same Shell station.

 

[Deplorable]

It’s over $5 a gallon for diesel here but I’m still running on the $2.93/gallon diesel that I bought the first of February and still have a full tank. I have an auxiliary tank that I store extra fuel in when I find it cheap.

 

[Kurtatron]

Soon, of these high gas prices persist, it will be a good time to buy a big truck or an SUV.

I might be looking to get one so I can tow a trailer with motorcycles around. A secondary vehicle.

Always best time to buy an excursion when gas is $5 a gallon!

 

[Huskyguy68]

I might be looking to get one so I can tow a trailer with motorcycles around. A secondary vehicle.

Always best time to buy an excursion when gas is $5 a gallon!

Oh ya, I remember here in my part of Western Canada when we had the same high gas prices , maybe it was during covid, people were panic dumping their big gas guzzling pickups and SUVs , selling for a fraction of what they normally would sell for , on the used car market. People were on the local nightly News, being interviewed, they looked suicicidal as they pumped gas into their Excursions, Ram hemi trucks, etc. I was thinking back then...'' If they wait it out 1-5 months or so, betcha prices will return to more normal and they will wish they never sold at such a huge loss.''......and that is what happened.
Reminded of an older coworker I had once. He kept checking the daily newspaper, checking his Stocks. Was sorta teaching me some stuff on buying stocks/shares, what to look for, when to buy/sell. He said when the economy down and people start dumping their shares/stocks, that was the time to go buy some up at dirt cheap prices. Then wait and sit on them . Sometimes they shoot back up, make a nice profit. Obv i'm leaving out the fine details, I'm too lazy to play the stock market.
I just spend $5 a week on lottery tickets, like a fool.

 

[wander2039]

So it's a good time to buy a truck? Might have to start looking Working on the place we haven't traveled much in the RV lately, Dakota is a glupper though.

 

[Huskyguy68]

So it's a good time to buy a truck? Might have to start looking Working on the place we haven't traveled much in the RV lately, Dakota is a glupper though.

I'm wondering IF I had the money, to buy one or two gas guzzling trucks/SUVs at rock bottom prices , park them a few months or so and wait till gas prices sorta return to normal...Flip and make a profit? I'm sure those that have the cash are gonna do just that. Lurk like a vulture, buy Low, wait, resell and make a good profit.
Could backfire and get stuck with big gas guzzlers.

 

[JeffKeryk]

I'm wondering IF I had the money, to buy one or two gas guzzling trucks/SUVs at rock bottom prices , park them a few months or so and wait till gas prices sorta return to normal...Flip and make a profit? I'm sure those that have the cash are gonna do just that. Lurk like a vulture, buy Low, wait, resell and make a good profit.
Could backfire and get stuck with big gas guzzlers.

Wouldn't the sales tax, registration, insurance, housing, etc kill the profit? I'd just buy stock.

 

[02SE]

Still holding at $1.80 per gallon lower than their all-time high in the summer of 2022.

 

[Huskyguy68]

Wouldn't the sales tax, registration, insurance, housing, etc kill the profit? I'd just buy stock.

lol, I guess. Hey, it's my imaginary money. Jokes aside, my cousin has been buying and flipping Used cars/trucks for the past 30 years.
Some of the things he sold and the profits....I laugh when he tells me he just bought a mint ''blah blah'' for only blah blah. Then says ''This one is a keeper!my wife likes it. ''....and sells it 4 days later for $5k-6k profit. Just private used car buying and selling.