GAS STRIKE

Originally posted by disfiguredS10



I can't grasp the concept of a 1 day strike. That's like my wife saying she's going to leave me for one day if i don't come in from the garage. who cares she'll be back tomorrow.werd! these one day strikes are a crock of shit! u dont wanna get me started on gas prices!

hey lucky you remeber back in 06 when the dems. took over gas was 2.10 a gallon...they said they were goin to lower the prices and help americans with the gas prob..well i do dont just blame one man

I need to find a pic my dad has back when gas hit $1/gal. He took a pic of the sign and said one day we will look back and wonder how it ever was so cheap.

Originally posted by stockflooredsdime



Better than doing nothing!!

correction, its the exact same thing as doing nothing.

Originally posted by Guiltybydesign



I need to find a pic my dad has back when gas hit $1/gal. He took a pic of the sign and said one day we will look back and wonder how it ever was so cheap.

well, with the time value of money, it is probably cheaper now at 3.40 a gallon than it was 25 years ago at a buck.

///Ron

I think if we just stopped filling up so much. Which means driving less. If people just cut out a portion of where they drive they wouldnt fill up as much. Which in return would lower the demand for gas and should lower the price of gas. A 1 day strike prolly wouldnt do much because, like said already, people would spend the same amount the day before or the day after.

Originally posted by BrandonSmith

Which in return would lower the demand for gas and should lower the price of gas.

that only works with "elastic" goods, goods that have a lot of substitutes where you can move your money to a different product. Gas doesnt have many subsitutes except maybe walking/bicycling, so its called "inelastic" because supply and demand dont affect it.

In fact, if people started using less, the price would likely go UP, not down, because the scaling of production would cause a higher price at lower production.

Originally posted by Russ-D



Originally posted by Guiltybydesign



I need to find a pic my dad has back when gas hit $1/gal. He took a pic of the sign and said one day we will look back and wonder how it ever was so cheap.

well, with the time value of money, it is probably cheaper now at 3.40 a gallon than it was 25 years ago at a buck.



Shit it was around a buck 10-11 years ago. The cheapest I've seen it since I have been driving was $0.77 a gallon and I started driving in '97

Originally posted by Russ-D



Originally posted by Guiltybydesign



I need to find a pic my dad has back when gas hit $1/gal. He took a pic of the sign and said one day we will look back and wonder how it ever was so cheap.

well, with the time value of money, it is probably cheaper now at 3.40 a gallon than it was 25 years ago at a buck.



Yeah, WTF!! I remember the Chevron around the corner from my house had regular for $1.20 / gallon in 1998/99