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As Gas Prices Surge By 28 Cents A Gallon In The Last 10 Days To $3.47, The APTA Informs Us How This Is Actually Great News
As the bruised and battered US consumer continues to be fornicated at the pump, there is, we are told, an amazing silver lining to this inflationary catastrophe: according to the American Public Transportation Association, as gas prices spike they bring with them the
savings for U.S. commuters who rely on public transportation, a transit
group said on Friday. See: and now the surge in price has been spun. Soon, when gas is $5 then $10/gallon, the administration will tell us how we are all saving so much money by using the subway... Of course until such time as the already insolvent MTA (and other regional transportation authorities) are "forced" to hike prices due to retaining those workers which even Wal Mart decided to pass on.
From Reuters:
U.S. gas prices have increased 28 cents a gallon in the last 10 days to $3.47 per gallon. Individuals who travel by bus or commuter rail instead of filling up their tanks at that price would save $825 per month on average, the American Public Transportation Association said.
The group included the national average of $161.56 for an unreserved parking space in a downtown business district in its calculations.
Political uncertainty in oil-producing Libya is pushing up oil prices, and that in turn is forcing many Americans to pay more at the pump.
If prices remain high, individuals would save an average $9,904 each year, APTA said, adding that "this is the highest savings for public transit riders in two years."
And the kicker from the APTA:
APTA said a commuter who relies on public
transportation in New York City has the most savings over a driver --
$14,376 a year -- followed by those in Boston, San Francisco, Chicago
and Seattle.
Next up: the administration touts the benefits of death. Just consider the amazing savings one will have by not having to spend tens of thousands of dollars on that barbarous relic, food.
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You are dead - feel better?
I vote we stop sending food to the cities. Think of the energy savings. I keep reading recipes on ZH for pigeon and rat. What's the problem? Der phat banker problem kapute ist;)
Patience, patience. That will happen in due time, don't rush it. But I'm sure the cultured, well balanced, and rational masses will accept it with charm, grace, and calm.
Think about how much extra the unemployed folks are now saving since they don't have to commute at all. That's gotta help GDP a little right? ...of course, "unemployment" dropped today, so by double secret reverse psychology....
I'm not that bad off, but I can tell you I'm saving a bundle by not having to fill up a G5 I can't afford.
Hoping I can sell my place in line for the G650....
God, I love the sarcasm - but any more articles like this and I'm going to need a new desk because of all the dents in the one I've got that matche my forehead.
Un-friggen-believable. Don't these assholes understand that "Savings" isn't what happens when the other guy pays more? Also, up here in Seattle, most of the buses run on diesel - and we've already endured multiple rate hikes. I can smell the next one coming already...
Germany: per litre.
Diesel (l) 1,440 Euro Super E10 (l) 1,527 Euro Superplus (l) 1,610 EuroGod Bless Germany & its people...
http://www.457thbombgroup.org/zemper/042.html
And a musical counter-point from BOC, Rusty.
http://www.youtube.com/watch?v=PEZzdx7vvnk
And a theatrical counter-point from Steven Spielberg, Old Trooper.
http://www.youtube.com/watch?v=WD7B0cfTXlc
http://www.youtube.com/watch?v=4MAuZ0mahB8&feature=related
http://www.youtube.com/watch?v=Td2T8tu-g7c&feature=related
etc., etc....
Been an age since I saw that last! Thanks for the reset.
stop using comma, and use point instead, "1,440" means tausendvierhundertvierzig to us
If the Germans think it's tough we pay the equivalent of $8.21 for a US gallon back in Blighty
Those jokers at APTA must think American people are idiots. How is it savings to bus riders if car drivers have to pay more for gas? Does that mean, if gas price drops, bus riders lose money?
I think so.
Like now that I quit driving those extra 3 miles a week it'll create another 127,304 jobs,
Where's my Medal of Freedom?
Here. You can have mine. I can't afford to carry it around with me in the truck- extra weight reduces mileage and diesel is over 4 bucks/gallon. Nearest subway is 6 hrs; nearest town is 29 miles, closest job site is 57 miles from home....I guess its suck it up and pay at the pump time.
$3.93/gal for regular about 2 hours ago in the OC. Primo was over $4 - here we come.
I say bring it on. Too many obese people driving around parking lots looking for the closest spot they can find to the front door of the shopping centers.
Maybe as gas prices rise there will be less handicap spots at the fronts of these parking lots. It seems like lately half the parking lot is becoming handicap parking at some of these places.
Ironically, the other day I saw a handicap person circling the parking lot at a local walmart because all the handicap spots were taken. This is with some 30+ handicap spots at that particular parking lot. I won't lie, I laughed a bit at the situation.
Wally Mart beats the bowling alley for observing the real America, that's for sure.
Looks more like the Surreal America to me:
http://www.peopleofwalmart.com/?page_id=9804
Under privilege steal the handicapped tags and sell them. So the true Owner of the tag goes and gets another one. Then it is stolen again. So, 3 to 4 tags outstanding for every really handicapped person.
That is the way it is in the hood.
Gee, I wonder who junked you? Maybe the 300lbs fat-ass donkeys on this forum.
Our local grocery chain - Wegman's (they're huge) now has gone bonkers. I'm at the local store the other day and notice a sign that says, "reserved for expectant mothers." I'm stunned and tell a couple of the boys working carts around the lot, "I want a spot reserved for old guys who worked hard all day."
They looked at me like I was deranged.
They're right. I am. I buy old silver coins. I drive a '93 van because my Gulfstream isn't practical for short hops.
Heating Oil about the $3.79 for a 100 gallon delivery, will last about a month.
at $5/gallon i'm buying this awesome car. TESLA S. out next year. a fast sedan that handles well. electric, and it goes 350 miles per charge. and i would never get a prius.
http://vimeo.com/18614767
it was suppose to be out last year...last spring was talking to the dealer in NY
what happened?
They keep testing and refining. They want it perfect because they know they're not getting a do-over.
Get a Volt.
The Volt only goes 40 miles on a charge. That's a deal breaker for me. The Tesla S has advanced battery technology and it handles like a BMW.
http://detnews.com/article/20110228/AUTO01/102280401
the volt really needs to sell at $30,000 or less..
Please don't buy a volt - they use gas as well.
Please buy a total electric car.
I need some more growth in my coal stocks - thanks
And Tesla got how much from the government?
3.95 here up north...premium at my local station is 4.25.
I saw $4.15 for premium along the coast.
In 4-buck Cali we'll take that 3.47 and give you a dime rebate.
no inflation -- read pragcrap
As Gas Prices Surge By 28 Cents A Gallon In The Last 10 Days To $3.47, The APTA Informs Us How This Is Actually Great News
Oh, good.
For a second there, I thought this sucked.
It does suck, but no one wants to look at what's fucking them in the ass. They just want to pretend it's not some degenerate sticking his dick in their pooper, rather it's some hot broad with anal beads getting ready to start them like a chain-saw.
Don't look.. don't loook.. hot chick.. beads.. brrmm brrmm...
oh god...LOL
And I got junked twice.. lol. They guess they get the humor behind it ala "JUNK" in the trunk.. muahaahh.
good news
free public shower before ride on mass transit to reduce body odor
accompanied by string quartet
right this way, no pushing
You forgot to mention the free pat downs provided by your friendly neighborhood TSA.
now with 50% extra reach-arounds.. a freebie for kids under 10.
Are you really an evil person, or do you just play one on the intrawebz?! ROTFLMAO!
No. I try to speak what lies in-between the lines because no one else seems to want to. God help the person that touches my kids' junk. God help them more if they try to grope us while getting OFF off any mass transit; that'll start a mother fuckin' war with me. What people don't understand is that the TSA is not mandatory. The states have control over the mass transit in their state. We all seriously need to start pushing back.
what if you grabbed a TSAs junk?
Oh... another one who gets the hypocritical, double-standards pushed onto citizens.
$825/month? I don't like their math.
825 / 3.47 = 238 gallons. Even at 20mpg, that's 4760 miles per month. Are people really driving that much?
They included the price for a parking space in the city, too. I wonder if they deducted the cost of the train ticket, though.
The Wif does - thank god.
Transit authorities base their rate requests on these things. Bueaucrats rubber stamping these things aren't terribly bright. Now...Sush!
.....a 50 mile roundtripper to the job alone per day is not uncommon in the West....about 1,100 mi/mo without vacations off. Math don't matter in the world of sell-side pump monkeys, anyway. Maybe they count long road truckers too....who knows.
Average mlieage runs between 12,000 and 15,000 per year. Fifty miles round-trip is actually a modest number - certainly less than my drive ( MetroWest/Boston ).
Yes it is 12-15m 15-20km a year. Yes I own beautiful cars, and am driven around. Come on fellas. People drive 50 miles a day @ least. Your girl at the dry cleaner and fetching dinner make up for 80% of it. Not to mention the round trip to work, and the beautiful FuFu makeup, and the bottle of a sweet blended NAPA. Am I RIGHT???
but...but...unemployment is at 8.9%!
Party time.
From another thread: why isn't rice over 20, instead of 14+change?
Respectfully, shut it down for the weekend. You have great ideas. Pick and choose your interjections.
I'm going long staycations!
If I put up a tequilla bar next to the pool, perhaps I can bring some spring break action to me for a change!
Way ahead of ya. Would you care for an umbrella with that?
staycations are so '05.. now it's savecations or more like cavecations where you just bunker down and count your stash of canned tuna
I just hope Rick Scott stays strong on his refusal to accept federal funds for a Florida high-speed rail system. It will be hard with the rising prices, but the system will break us even more down the line.
He's good. State Supreme said so. Almost the same ones that told Algore to 'go fish - elsewhere'.
Who needs a high speed rail when they've already got the Florida Turn Pike.
People drive 95+ mph on that road.
See you've never been in Miami....
I'm from Gainesville and no I haven't been to Miami. Never felt like driving that far outside of the U.S. Well I guess it's still the U.S. but I've heard even the cops don't speak english down there.
'outside the US'
Good you know that.
"outside the U.S."
NICE! Laughing my ass off!
FTP is awesome...Orlando to Miami several times at 95+ and haven't seen a cop yet. Love that, because look I paid the fuckin toll already; NOTHING is worse than getting a ticket on a fucking TOLL ROAD.
Haha yeah, I swear there is an unwritten rule that police don't pull people over on the Florida turn pike to encourage tourists to use it.
The toll is pretty hefty though. It's like what, $20+ to go from north of tampa down to Ft. Lauderdale?
That is a lot of money when you consider the thousands of drivers each day.
American drivers skoff at $3.47 a gal. gas.
My brother just got back from the middle east. Said they are in a mess and he heard the muslims were planning something.
I listen to the FFT guys over at they called the stockmarket crash back in 08 and this middle east
crisis. Well worth having a look at.
They also have a controversial ebook coming out next week called U.S. SECRET HIDDEN TREASURE MAP!
http://www.forecastfortomorrow.com/news/products looks intresting
In other news, I decided to not buy 10 cars today. That's a total savings to me of over $300,000!
Now, what should I spend all that money I just saved on?
What do you mean I don't have it?
Oh.
You missed out on $78,000 in tax credits! Assuming you were looking at Volts.
Ya coulda doubled the sales figures, and gotten A FREE WORLD CRUISE!
Gotta spend to save, dontchaknow.
Speaking of world cruises, the 2012 Holland America Grand World Cruise costs $66,999 for a Deluxe Verandah Suite.
But I saved more than $40,000 by choosing a Cabin with an Obstructed Ocean View. It is a sacrifice on my part to suffer in a Cabin with an Obstructed Ocean View but in these tough times everyone must sacrifice.
Then I thought why not sacrifice even more...so I decided not to go on a World Cruise. And I saved $66,999. So, in a spirit of generosity, I am donating the $66,999 to the bus and subway riders on the MTA.
Attention Bus and subway riders: Please contact the MTA for your free tokens based on my $69,999 savings donation. The MTA personnel will be happy to give you all the details on this special offer.
http://www.cruisingluxury.com/world_cruise_holland.htm#Holland%20Fares
I remember touring the Queen Mary when I was a kid and never forget that its mileage was 18 feet to the gallon.
Yup, soon they will be able to get rid of more of us "useless eaters".
Nothing will slow down the idiot american driver till $10.OO BUCKS A GAL.
Only in FL are you allowed to use the term 'idiot american driver'.
Snowbirds, and all.
Unfortunately you are probably right. Just look at the American economy right now this very moment.
You can drive into a neighborhood of government housing and see empty boxes outside the houses from people who live there that purchased 46+ inch LCD tv's. You can also see vehicles in their driveways ranging from GMC Yukons to Audi's. Don't believe me? I'll go snap some pictures of some of those cars down the street from me at the local government neighborhood.
Then, consider the fact that some 95% of drivers on the road are driving by themselves rather than carpooling even though the economy is in the shitter and people are struggling to pay bills. They would still rather drive alone than conserve gas and save money.
I agree with you. It will probably take $10 gallon gas for people to start being smart.
you're not lying...what you say is the truth.
So how much do YOU love this diversity?
And let's remember that decades of affirmative action have packed government with diversity to the gills, instead of hiring on merit.
Conserving in a consumption game? Would be stupid. Shows these guys know their environment and keep playing according to the rules.
Maybe the principal issue as many would like them not to play anymore.
Nope, $10 is fight time. At $5 big companies talk about cutting their fleet and fights break out at gas stations. At $10 a gallon there will be shootings at gas stations.
$10 / gal and people better have damn good security on their vehicles. People will poke through the gas tanks to get to it and drain it.
Shootings at gas stations? I fear you will be proven correct next year.
Time for locking gas caps....a nice Xmas gift. In the 70s there was many a poor soul who went to their maker trying to mouth syphon gas from parked cars. So throw in a syphon pump as a stocking stuffer.
@$10 I might be able to ride my bicycle on the interstate highways to work. Lots of room in those bike lanes.
Highway @ $10/g gas
http://4.bp.blogspot.com/_FY2687dO59c/TIJLMPX7gUI/AAAAAAAAB_M/ypTw59ULdB...
Bicycle business is booming!
As Monte Python says, Always Look at the Bright Side of Life:
http://www.youtube.com/watch?v=WlBiLNN1NhQ
I would look on the bright side of life - but it's far too perilous!
http://www.youtube.com/watch?v=DtcSYPjJbgg
OMG Trooper! I forgot that bit...thanks for adding it.
"Next up: the administration touts the benefits of death."
Careful with that one, the insurers don't need a bunch of rabid speculators shorting the their industry.
I am loving this new policy by TPTB to piss on my leg and call it rain.
No inflation.
High gas prices are good for me.
These aren't the droids you're looking for.
ROTFL! What an opening Tyler D: CON'dsumer fornicated at the pump!! Brutally being raped by elitist neoCONoplian rat bastards who only drive people crazy; strolling to vermin fat bastard banks accounts! Gettin kind'uv chapped at being way layed over a gas barrel! Price of preparation "H" getting hyper-inflated!!!
cant't wait for my JPM EBT gas card in the mail.
How stupid is this?
Around here public transit has been cutting schedules because it couldn't afford to run routes at the lower fuel prices.
Now that the cost of fuel is going back up, I expect more cuts. That means either more people drive themselves to work, or find themselves stuck at home.
Fuck high gas prices. Got a jar and a hose in the backseat.
Go NatGas!
No ethanol required (except for the driver).
My Neighbor got an Oil delivery today. Boy, do I feel sorry for them. I am sure they filled the tank to the tippie tippie top.
I am on will call. I am out of Oil but am using electric heaters. I only have one 1500 Wat heater running while I sleep. So, it gets pretty cold overnight. Down to about 52 degrees. Although, that is ok as I sleep under a huge comforter and dress warm with socks, and a jacket. During the day I use another 1500 Wat electric heater to blow on me and that keeps me warm and the temp can even get up to 60 in the house.
I think what is interesting is that you can get used to the cold. Maybe your blood thickens or something and of course you dress warm during the day, even inside.
What is the real shame is that all of the money for the higher oil is going overseas. It does not stay in the US. It does not generate any income for US Companies and only detracts from their earnings.
Why Wall Street continues to funnel money to the Saudi's, Iraq, Egypt, Libya, etc. by bidding up the price of oil to the determent of Americans is beyond me.
52 degrees in your house is cold? Mine usually gets to at least 48 in the winter. I can afford to heat it more, but I'm cheap. Also it puts hair on your chest.
I like the cold.
Admittedly I am zone 7. however I only heat my bathroom for a couple of hours in the morning on a timer. It feels really good to have a cold head and a warm body while sleeping.
My house will stay fifty degrees even when it is thirty outside. I don't really know why. I don't understand people complaining of cold in zone 7.
3 wythe brick construction ?
Some believe we grow more "brown fat" in response to cold: http://en.wikipedia.org/wiki/Brown_fat
TPOG
Thanks, I learned something. That is probably why I have adjusted to lower heat temperatures.
It is a lot easier to grow brown fat than to pay the King of Saudi $3.75 a gallon for heating oil. Plus, by using Electric heaters the price is regulated by the Public Service Commission and does not change every month. And you pay after you use the electric and not before. Time and value of money savings.
There was a story on CNN Money earlier today saying that gas was going to fall to 2.50 per gal.
It seems to have fallen down the memory hole.
And those pukes had party hats on yesterday for a $.34 fall. Sure love the mute button. Ever notice their market quotes are delayed? On the top bars. Make it at 45 seconds.
They'll edit it and repost it in June as "Gas to fall to $2.50 liter".
Found the link.. I'd posted it in another thread:
http://money.cnn.com/2011/03/03/news/economy/gas_prices_fall/index.htm
It disappeared from the main page quickly though, I think.
Heard the rumor?
No. Good news, is it?
I should say so, yes.
Choco rations going up.
Really?
Twenty-five grams next week.
Doubleplus good.
you can never fail with a quote from 1984.
Doubleplus 1
Even better news: unemployment is holding the price of gas lower than it would have been!! Isn't it wonderful?
Unemployment makes the price higher. All those peeps looking for work, or soon to be looking.
And since you're driving less, you don't need to earn as much. It's a virtuous spiral!
I gotta hand it to those brains over at the Fed. It's wonderful knowing they're in total charge of the situation. It's only mid-morning in America , maybe late brunch or early lunch at the most!
"American Public Transportation Association"
A lackey-laden AFSCME appendage.
BTW, what's your guys takes on Jim Cramer saying buy Apple? Does that mean Apple is about to tank?
Usually I just take what he says and do the opposite.
Means AAPL is the last to tank. They have earnings, unlike NFLX.
Cramer says buy get out of dodge. The stock may rally for a day but after that watch out below. I like to listen to Cramer because he always seems to pick the top when he recomends and the bottom when he says sell.
We all have to remember when the S&P was 666 and he said SELL SELL SELL.
He always seems to be working for Hedge Funds. When they want to dump he recommends to buy, when they want to buy he recommends to sell.
Remember when Tazr was selling for $107. and dropped to $4. in three days. He got on the air and told everyone to SELL SELL SELL at $4. Where was he three days ago when the stock was $107.?
No No No.
I watch cramer quite a bit. He said buy at around 930 and said it was a bottom. In the 600 range he again said it was a bottom.
He told people to think about whether they need the money short term or long term and not to invest short term money in the stock market. It would kinda sound like a "sell" but it was nuanced. He did say to take money out of the stock market you needed short term.
How about his screaming into the camera how Bear Stearns was a buy buy buy. That was Thursday. The following Monday it had been gobbled by JPM, fallen 80 some buckaroos, and was a 2 dollar stock. Then he denied having told his glaze-eyed listeners that it was wayyyy oversold. Clown royale.
I recomend to just turn your TV OFF.
i love the environment and endangered species as much as the next guy,
but when it comes down to providing our own energy in the USA vs. depending on volatile ME nations, it becomes a matter of national security
What does snacking on spotted owl have to do with the second sentence?
(Never figured out how those owls apply Kotex.)
been a long day i guess i'm not articulating well: i wish we would drill our own oil in the short run and then turn to wind/solar/biofuel when that runs out so that our energy prices don't spike on geopolitical events
The problem with the alternatives (everything that isn't oil) is that they provide nowhere near the same concentration of energy (bang per buck). Also, the oil reserves the US has left would probably make nary a dent in demand in the long run. You won't be able to run the economy on that without making tradeoffs.
The US weaning itself off of 'foreign oil' is a great campaign talking point, but it can't be done without big tradeoffs.
It's to our benefit to save our oil for last. In theory, when the market price gets high enough, the Chinese will buy our oil, but in practice, the gummit might just pass laws forbidding its sale to foreign buyers.
It's not necessarily cheaper to use our own--a stable price of $250/bbl is in no way better than a wildly varying price from $50-190/bbl.
Death is bullish
As bullish as the day is long
Lets look @ CRACK spreads. European/U.S. refiners and percentages of highly refined percentage of refined crude. Come on people! Refiners play their wholesale spreads.
You look at their crack spreads...and I really don't need visions of oil men playing with their spreads, wholesale or otherwise.
Good One ( Misean) I initially was perplexed. Well done!
This has to be the stupidest most mindless analysis I have ever read. Yes, people who are taking public transit are temporarily insulated from the fuel price spike but what about the transit authorities' budgets? Blown out of the water I'd say. And this is going to good for already strapped city finances how?
When does the world start collectively foaming at the mouth because it's already displaying all the old Yeller symptoms.
It simply demonstrates that stupidity isn't dead. Sorry, there was no article to mold your mush-mind.
/jk
You know, there was a time they quite successfully ran trolleys in countless cities well before the use of oil was widespread.
....people from the netherworld are dispersed throughout the urban mass transit systems of today. Many don't smell too good either. Mass transit systems are as germed up as a hospital. I feel safer on a crotch rocket.
wanna fix that? stop letting black people ride.
I mean, jfc, there was a REASON for Plessy. TNB was the reason.
That is true. They made money between 1860 and 1910. No trolley system has made money since 1920. As soon as the Model T became popular trolleys were exposed for the inefficient money pits they are.
If rubber tires had been invented 80 years sooner there would have been no railroads either.
For the best mass transit let's look at electric buses or trolley buses. Light rail is just way too expensive for what you get.
Tyler That list bit about the barbaric relic made me rolf
Gas is $3.97 in North Dakota. I buy 50-75 gallons a day.
I'm still trying to find the subway between Dickinson and Williston.
No really... nothing to see here. Cramer-idiot say so:
http://money.msn.com/how-to-invest/article.aspx?post=cfa53a43-a8f7-4124-b98d-15b2c3c64bed
$3.47? Are you f'in kidding me?
Look at what the price is in San Diego!
http://www.wcvarones.com/2011/03/today-in-san-diego.html
I'm getting a Kona Ute. Gas prices be damned.
What are you driving to work OldTrooper?....a 300 ton snowmobile?
Nice! I'd like one of those rigs! But no, just a Chevy Tahoe for me, and a Ford F-350 pulling a 40' flat-bed trailer for the delivery vehicle (my new venture). Put a lot of miles on those rigs. But we're working and sometimes even getting paid.
I'm self employed, health insurance for me and my wife just jumped $308 a month. Add that to gas and food prices and we are now completely tapped out. Thanks O'fart and Ben.
If I were you, I'd trade in the insurance for a catastrophic-only policy and pay the Doctor(s) for routine stuff.
>> trade in the insurance for a catastrophic-only policy
I just took that route. My health insurance increased from $800 per month to $1,350. I'd already decided to liquidate, leave the city, shut the business and go under the radar, so the health insurance had to change. Went to a catastrophic type policy and the price went to $166 per month. It only pays after $10K but my high dollar policy had a $2,000 deductable and every loop-hole imaginable, so they never paid either. Screw insurance.
I work for the government, and choose not to pay for health insurance. Its a rip-off, and a racket. Is the Mafia involved in that business? I'm quite sure they are. Nor life insurance, again Mafia involvement? My insurance is .45. I get so sick it does not heal, I swallow one. Or hole up in the garage with my two motorcycles and a good cigar.
And before all this stuff happening in the middleeast, the gas prices where high for the winter. And now we are heading into the spring and summer and prices will go to the roof.
How does this work in Detroit, exactly?
About as well as everything else, I suppose.