At least until the credit card is maxed out.The consumer is holding up...
At least until the credit card is maxed out.The consumer is holding up...
"energy efficient" for how long? I've got two ALH TDIs which average right about (mine is over) 50 mpg. BUT, now diesel fuel prices are increasing. I'd never expected things to go down as they are, though I always figured things would actually "go down." I've figured that I should still manage with diesel at $10/gal: I'd had it at $15/gal, but that was ONLY fuel pricing, and now that it's clear that it's inflation all across the board I have to pull back for other stuff (like food!).If oil prices remain high, more money will be spent on creating energy efficient vehicles and alternative energy sources. This will ultimately hurt the oil companies.
Yes, many are diversified but oil is still their bread & butter.
And the band played-on as the Titanic went under... Double those numbers going forward: I'll project that the USD will devalue to the tune of about 39%- it'll be worth only 39% of what it currently is (yes, feel free to quote me). Will that devaluation -affected via inflation- continue? Perhaps. I might end up finding out whether I can sustain on tree bark (have lots of trees- so, heating fuel costs aren't much of an issue for me)...I was in Steamboat this past week and gas was $7.56 a gallon, Diesel was $8.10. The mountain was full of people...high gas was slowing no-one down. My bloody Mary was $40 on the mountain and beers were $15.
The consumer is holding up...
What the F^&*.I was in Steamboat this past week and gas was $7.56 a gallon, Diesel was $8.10. The mountain was full of people...high gas was slowing no-one down. My bloody Mary was $40 on the mountain and beers were $15.
The consumer is holding up...
What the F^&*.
I can sort of understand the fuel prices in a remote, affluent region. $15 beer I've seen before, too. But $40 for a god damn bloody mary? And you paid it?
And the band played-on as the Titanic went under... Double those numbers going forward: I'll project that the USD will devalue to the tune of about 39%- it'll be worth only 39% of what it currently is (yes, feel free to quote me). Will that devaluation -affected via inflation- continue? Perhaps. I might end up finding out whether I can sustain on tree bark (have lots of trees- so, heating fuel costs aren't much of an issue for me)...
that is a drive. It's always been expensive, but in the last year it seems like it's gotten really really expensive.My son worked in Steamboat but lived in Craig, which is a pretty good drive to the west. A very expensive place to live. He got a job back here in Illinois and is living at home again “temporarily “.
Now we know why your name is snob.