General Discussion

Fumesucker

(45,851 posts)

12. Short term it's a good stimulus for the economy and yeah it's good for the poor of whom I am one

Sat Dec 6, 2014, 07:00 AM

Dec 2014

On the other hand anyone who has invested in alternative energy is about to take a major haircut, which is what this is all about, destroying the impetus to develop alternatives to fossil fuel energy.

The oil producers hate the idea of society weaning itself off the addiction to oil and will do anything, including losing a lot of money in the short term, to keep us sucking on that sweet, sweet crude.

Markedly lower energy costs should lead to consumer prices falling, anyone want to take bets on whether you will be paying less for groceries?

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Omaha gas down 10 more cents in 5 days $2.69 [View all] Omaha Steve Dec 2014 OP

Interesting... Jesus Malverde Dec 2014 #1

Steve, details please: IIRC, state taxes are "per gallon"; not affected by total price. NYC_SKP Dec 2014 #2

Probably my fault Omaha Steve Dec 2014 #3

No problemo, I think they adust twice per year. NYC_SKP Dec 2014 #4

It's $2.53 across the river in Council Bluffs Lil Missy Dec 2014 #5

The lower the better yeoman6987 Dec 2014 #6

Short term it's a good stimulus for the economy and yeah it's good for the poor of whom I am one Fumesucker Dec 2014 #12

$2.24 here in north central NM Warpy Dec 2014 #7

I was told $1.99 in Oklahoma! truegrit44 Dec 2014 #8

Just went back up here in STL Sherman A1 Dec 2014 #9

K Cha Dec 2014 #10

I filled up Wednesday for $2.29 hobbit709 Dec 2014 #11