I paid $3.40 per gallon yesterday. It has been awhile since I have seen that price. I think I paid as high a $2.80 per gallon when I was chasing my collection. Those chases included many miles. And I am thinking how much chase would be in me at $3.40 per gallon.

What is your uncle point on gas prices and going after a pin?

Agree. With a $7,000.00 the extra gas expense won't mean much. But what about the old pins in the below $1,000,00 range ( A year ago I would have said $500.00 range ).

You sound like you are working for Stern

Last week, gas was $3.20/gallon. Yesterday, is was $3.40/gallon. Today, it is $3.80/ gallon.

With what is going on right now, gas could go higher.

At $3.80, I start trying to economize my trips.

What is your "uncle" point?

Does $4.00/ gallon shut you down?

What about $5.00? Are you staying home more?

That is a good question. War, in general, is good for business.

But it sounds like gas prices may keep moving up. I had to put my car in the shop and borrow the girlfriend's pick up, that is not noted for stellar gas mileage; I had to fill up yesterday after gas prices moved up to $3.80/gallon. It cost $60.75 to fill up with 1/4 tank of gas still in the tank.

I go buy groceries and I stay home. It's funny. When the pandemic hit and gas dropped to $1.80, I bought groceries and I stayed home.

With the sanctions now being placed on Russia gas, it looks like prices may keep moving up. How high prices have to go before more and more decide to stay home is the question.

The U.S economy was built on the back of cheap gas. Suburbs and highways. For rail transport all we have is Amtrak. We cannot walk to the grocery store. We have lots of things to buy, but if you don't have a car, you are pretty much hosed.

Price in another dollar per gallon and we will be really hosed. Price in another $2.00 per gallon and we will witness another 1930s style Great Depression.

It was called Stagflation in the 70s.

I love it when people cannot run cogent argument and resort to name calling

Thank you. I remember reading that. Wall Street is giving the oil companies some financial discipline; Which is not conducive for bringing forth cheap gas. The shareholders are wanting some dividends in their stockings.

https://www.npr.org/2021/03/06/973649045/hold-that-drill-why-wall-street-wants-energy-companies-to-pump-less-oil-not-more

" Many oil producers need Wall Street money to fund new wells. Investors control the purse strings. And right now, investors just aren't impressed by how many barrels a company says they can drill. "

" Less oil, more cash in hand: That, in a nutshell, is what oil financiers are demanding. And in response, executives are vowing that they'll be responsible, and focus on profits over oil. "

Hence the little speech from Washington the other day about price gouging,

Anybody who has been around a few years understands that Wall Street is not the bastion of patriotism.

The drill, baby, drill mantra has fallen on deaf ears.