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Thread: AAA AVG gallon of gas $2.97 5/25 as 54% of consumers see NO increase in take home pay

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    AAA AVG gallon of gas $2.97 5/25 as 54% of consumers see NO increase in take home pay

    So that would mean that the 54% of all Americans who have seen NO RAISE in their paychecks after the tax cuts (the much touted tax cuts) are in the hole by at least the amount of gas they pump each month. 600 gals a year is the average. JAN 1, gas was 2.45 a gal. x .51 a gal--that's $306 (annualized).

    IF gas stays elevated, FOOD and anything transported by truck will start going UP. (When gas hits that $3.00 mark, people start cutting back)

    https://gasprices.aaa.com
    Last edited by cpicturetaker12; 25th May 2018 at 12:31 PM.

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    Radical Centrist BigLeRoy's Avatar
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    Gas prices up ~31% since last Memorial Day........

    No skin off MY back, though. I hardly drive at ALL. But I feel for my fellow Americans who DO have to drive a lot.
    Thanks from Friday13

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    Quote Originally Posted by cpicturetaker12 View Post
    So that would mean that the 54% of all Americans who have seen NO RAISE in their paychecks after the tax cuts (the much touted tax cuts) are in the hole by at least the amount of gas they pump each month. 600 gals a year is the average. JAN 1, gas was 2.45 a gal. x .51 a gal--that's $306 (annualized).

    IF gas stays elevated, FOOD and anything transported by truck will start going UP. (When gas hits that $3.00 mark, people start cutting back)

    https://gasprices.aaa.com
    Oil prices down $5 in past 4 days!

    Down 4 days in a row!

    And the big, humungous three day weekend is upon us,

    Don't buy now, wail till at least Tuesday!

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    Above the FRAY Friday13's Avatar
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    Quote Originally Posted by cpicturetaker12 View Post
    So that would mean that the 54% of all Americans who have seen NO RAISE in their paychecks after the tax cuts (the much touted tax cuts) are in the hole by at least the amount of gas they pump each month. 600 gals a year is the average. JAN 1, gas was 2.45 a gal. x .51 a gal--that's $306 (annualized).

    IF gas stays elevated, FOOD and anything transported by truck will start going UP. (When gas hits that $3.00 mark, people start cutting back)

    https://gasprices.aaa.com
    Haven't seen gas for less than $3.56 where I am.

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    Quote Originally Posted by BigLeRoy View Post
    Gas prices up ~31% since last Memorial Day........

    No skin off MY back, though. I hardly drive at ALL. But I feel for my fellow Americans who DO have to drive a lot.
    I drive 50 miles every work day. About that big, beautiful tax break...

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    Quote Originally Posted by Miller47 View Post
    Oil prices down $5 in past 4 days!

    Down 4 days in a row!

    And the big, humungous three day weekend is upon us,

    Don't buy now, wail till at least Tuesday!
    So it comes down what 6 - 10 cents next week? I paid 2.49 3 or 4 weeks ago.

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    Quote Originally Posted by friday13 View Post
    haven't seen gas for less than $3.56 where i am.
    damn!

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    Quote Originally Posted by BigLeRoy View Post
    Gas prices up ~31% since last Memorial Day........

    No skin off MY back, though. I hardly drive at ALL. But I feel for my fellow Americans who DO have to drive a lot.
    Big, do you do the grocery shopping?
    Thanks from BigLeRoy

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    Quote Originally Posted by cpicturetaker12 View Post
    So it comes down what 6 - 10 cents next week? I paid 2.49 3 or 4 weeks ago.
    If oil keeps dropping, gas prices SHOULD come down.

    No reason to drop them now when they can gouge all those holiday drivers for the next three days!

    Russia and Saudi Arabia are "considering" increasing their oil output, and that is at least part of the reason for the recent drop in oil prices.
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