Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Re: $3.00 gas?
Old 03-11-2005, 07:28 AM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: $3.00 gas?

I can relate to that. We used to have 5 vehicles between us. I had a Q45, a BMW convertible and an expedition, she had a corvette and a toyota pickup. I spent half my life doing maintenance and car cleaning.

Down to the expedition and a rav4 now. Much better.

Quick...whats the difference between a BMW and a porcupine?
__________________

__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: $3.00 gas?
Old 03-11-2005, 07:41 AM   #22
Thinks s/he gets paid by the post
Hyperborea's Avatar
 
Join Date: Sep 2002
Location: Silicon Valley
Posts: 1,008
Re: $3.00 gas?

Quote:
Quick...whats the difference between a BMW and a porcupine?
I thought that the joke was originally a Porsche and a porcupine?
__________________

__________________
Hyperborea is offline   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 08:25 AM   #23
Moderator Emeritus
laurence's Avatar
 
Join Date: Feb 2005
Location: San Diego
Posts: 5,234
Re: $3.00 gas?

salary Guru, you bring up an interesting point. The economists, whenever gas price spikes, always trot out "when factoring in inflation" that gas prices are still well below all time highs, and that compared to 1981, we are paying about 90 cents a gallon vs. $1.35 back then. I guess the math looks right, but I'm not sure if I smell something fishy here. I was far too young (7 years old) to remember what it was like back then, just how bad was it compared to now? How did gas prices "feel" back then as to now?
__________________
laurence is offline   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 08:35 AM   #24
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Re: $3.00 gas?

Quote:
We don't have many options here in the US. A bike ride of a couple of miles (to the nearest grocery store or pharmacy) would be acceptable to me from the point of view of time and exertion. I would actually enjoy it. But if I try to ride more than 1/2 mile in any direction from my home, I get to a major 5 line road with traffic that is a significant danger to non-motorized vehicles.
That's too bad.
Where I currently live in the NY metro area, I commute to work 18 miles (RT) in city traffic and shop some 3 miles from home. In a couple of years, I may want to leave this area because of climate and cheaper health insurance and would want to be in an area that is bicycle friendly, at least by my standards.

MJ
__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 08:40 AM   #25
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Re: $3.00 gas?

JG,

I see you are now an official member of the club.
Of course, that is assuming that someone is not impersonating you, MR.GALT2U. I guess we'll see if the your posts continue to have the wit and charm, you have been known for.

MJ
__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 08:49 AM   #26
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: $3.00 gas?

Quote:

I thought that the joke was originally a Porsche and a porcupine?
Its had many guises, I think the vehicle varies depending on what type just drove by you acting like a moron.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 09:38 AM   #27
Dryer sheet wannabe
 
Join Date: Jan 2005
Location: Pittsburgh
Posts: 10
Re: $3.00 gas?

Quote:
The economists, whenever gas price spikes, always trot out "when factoring in inflation" that gas prices are still well below all time highs, and that compared to 1981, we are paying about 90 cents a gallon vs. $1.35 back then. I guess the math looks right, but I'm not sure if I smell something fishy here. I was far too young (7 years old) to remember what it was like back then, just how bad was it compared to now? How did gas prices "feel" back then as to now?
I checked out a web based CPI inflation calculator. A dollar spent in 1981 is equivalent to $2.10 spent in 2005. I remember paying ~ $1.50/gallon for 87 octane unleaded gasoline in rural West Virginia in 1981. In today's dollars, that gasoline would cost ~ $3.15/gallon. I paid $2.059/gallon for 87 octane unleaded gasoline yesterday in Pittsburgh.

I'm old enough to remember gasoline prices pre October 1973 (the start of the Arab oil embargo). I had just started to drive in 1973. Just before October 1973, leaded regular gasoline sold for 33.9 cents/gallon (~ $1.46/gallon in 2005 dollars).
__________________
ascenzm is offline   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 10:08 AM   #28
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Re: $3.00 gas?

Quote:
salary Guru, you bring up an interesting point. *The economists, whenever gas price spikes, always trot out "when factoring in inflation" that gas prices are still well below all time highs, and that compared to 1981, we are paying about 90 cents a gallon vs. $1.35 back then. *I guess the math looks right, but I'm not sure if I smell something fishy here. *I was far too young (7 years old) to remember what it was like back then, just how bad was it compared to now? *How did gas prices "feel" back then as to now?
I was still a young'un back then, but several years ago I did a syndicated study which necessitated a review of automobile equipment trends over many, many years. Through 1983-1985, it was amazing to see the sudden popularity of 4 cylinder engines, 5 speed manual trannys, etc. I suspect that is what is driving the notion that 3 bucks a gallon would be the turning point.
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 12:45 PM   #29
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Re: $3.00 gas?

I guess in a couple of years, the auto market will have a hugh supply of used SUV and Humveys.

MJ
__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 12:56 PM   #30
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2003
Location: Kansas City
Posts: 7,408
Re: $3.00 gas?

Yep

At $5/gal gas - that will be the time to buy a good used Humvee.
__________________
unclemick is offline   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 02:08 PM   #31
Thinks s/he gets paid by the post
charlie's Avatar
 
Join Date: Mar 2004
Location: Dallas
Posts: 1,211
Re: $3.00 gas?

laurencewill,

When I was a senior in high school in '52 making
$0.75 per hour, spending $.25/gal for gas was
a pretty big deal!

Cheers,

Charlie
__________________
charlie is offline   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 02:27 PM   #32
Moderator Emeritus
laurence's Avatar
 
Join Date: Feb 2005
Location: San Diego
Posts: 5,234
Re: $3.00 gas?

Yeah, that put's in it perspective, Minimum wage here in Cali is over six bucks now, so it's about the same ratio...
__________________
laurence is offline   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 02:31 PM   #33
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: $3.00 gas?

Back when I was a kid, we had to cling to the window sills in our house because we couldnt afford floors. We clung there, night after night, wishing we could afford a car and have to pay a lot for gas...
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 02:54 PM   #34
Thinks s/he gets paid by the post
charlie's Avatar
 
Join Date: Mar 2004
Location: Dallas
Posts: 1,211
Re: $3.00 gas?

Hell, TH ..... we used to sleep in the window sills
during hot summer nights in Texas.

Cheers,

Charlie
__________________
charlie is offline   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 03:31 PM   #35
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Re: $3.00 gas?

Quote:
Yep
At $5/gal gas - that will be the time to buy a good used Humvee.
I forgot to put a smiley but if the cars cost 2k to 3K, just might be worth it. It will only $10k a year for gas consumption.

MJ
__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 03:59 PM   #36
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2003
Location: Kansas City
Posts: 7,408
Re: $3.00 gas?

My last two vehicles - $184 1994 GMC Sonoma(donated by step daughter) and a $65(cost of towing) 1992 Geo Storm - not running or licensed in my name yet. 4 bangers - my 1999 Silverado V6 is getting increased park time. Ratting around in a 4 banger is nice when I gas up now.
__________________
unclemick is offline   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 05:32 PM   #37
Thinks s/he gets paid by the post
 
Join Date: Jan 2005
Posts: 2,554
Re: $3.00 gas?

Okay-I will bite. What is the difference between the car and the porcupine?
__________________
Dreamer is online now   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 06:13 PM   #38
Moderator Emeritus
laurence's Avatar
 
Join Date: Feb 2005
Location: San Diego
Posts: 5,234
Re: $3.00 gas?

ooo! ooo! I know! With the porcupine, the pricks are on the outside!
__________________
laurence is offline   Reply With Quote
Re: $3.00 gas?
Old 03-11-2005, 07:18 PM   #39
Thinks s/he gets paid by the post
 
Join Date: Jan 2005
Posts: 2,554
Re: $3.00 gas?

LOL! Thanks Laurencewill.
__________________
Dreamer is online now   Reply With Quote
Re: $3.00 gas?
Old 03-12-2005, 02:52 AM   #40
Thinks s/he gets paid by the post
 
Join Date: Dec 2002
Posts: 3,875
Re: $3.00 gas?

When I was a kid we were so poor we lived in a
garage. Not only that, my mother cut the bottoms out of our pants pockets so we would have something to play with.

JG
__________________

__________________
MRGALT2U is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
When will gas prices alter driving habits?? janeeyre Life after FIRE 55 05-01-2007 12:40 PM
Just curious--who here pays attention to gas prices? CompoundInterestFan FIRE and Money 62 02-16-2007 04:04 PM
Will gas prices jump after the election? Zoocat Other topics 7 11-20-2006 02:31 PM
$4 Gas - Here We Come Mountain_Mike FIRE and Money 91 11-23-2005 07:51 AM
Do gas stations hedge fuel costs? soupcxan Other topics 10 04-06-2005 03:33 AM

 

 
All times are GMT -6. The time now is 07:55 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.