$98 per barrel oil

Mxsmanic wrote in
news
Viperdoc writes:

Anthony, how much do you per for a gallon of avgas?

I don't buy avgas myself (or any other type of fossil fuel).




Yes, it;s pretty obvious what sort of fossil you commonly interact with.


Bertie

Mxsmanic wrote in
:

Jay Honeck writes:

Well, boys and girls, here it comes. $4/gallon gas in America. This
will translate into $7/gallon avgas soon enough.

You'll survive. People in other countries have been paying similar
prices for years.


But not you since you can't drive and you can't fly.


Bertie

Jay Honeck wrote:
Well, boys and girls, here it comes. $4/gallon gas in America. This
will translate into $7/gallon avgas soon enough.



If the price of corn went to $10 an ear would people sit around
and bitch about their loss of purchasing power or would they
plant some corn in their yard and increase their net worth?

The United States has huge reserves of crude oil. As long as
we sit around with out thumb up our butt complaining and
and worshiping Owl Gore we will enjoy a continued lower US Dollar,
less purchasing power and make other countries rich.

An example of Stupidity.

kontiki wrote in news:ZgpYi.20300$ya1.9138
@news02.roc.ny:

Jay Honeck wrote:
Well, boys and girls, here it comes. $4/gallon gas in America. This
will translate into $7/gallon avgas soon enough.



If the price of corn went to $10 an ear would people sit around
and bitch about their loss of purchasing power or would they
plant some corn in their yard and increase their net worth?

The United States has huge reserves of crude oil. As long as
we sit around with out thumb up our butt complaining and
and worshiping Owl Gore we will enjoy a continued lower US Dollar,
less purchasing power and make other countries rich.

An example of Stupidity.

in actual fact, by just about every index going your purchasing power is
vastly greater than at any period in the past.


Bertie

Bertie the Bunyip wrote:

in actual fact, by just about every index going your purchasing power is
vastly greater than at any period in the past.



Give some examples of how my purchasing power is increased as the
value of the dollar decreases? Remember its a global economy.

kontiki wrote in
:

Bertie the Bunyip wrote:

in actual fact, by just about every index going your purchasing power
is vastly greater than at any period in the past.



Give some examples of how my purchasing power is increased as the
value of the dollar decreases? Remember its a global economy.


Well, let's see, people make more money and stuff costs less.



'splain it for you?


Bertie

Wolfgang Schwanke wrote in
:

Bertie the Bunyip wrote in
news:Xns99E1D62D7DDFA****upropeeh@
207.14.116.130:

kontiki wrote in
:

Bertie the Bunyip wrote:

in actual fact, by just about every index going your purchasing
power
is vastly greater than at any period in the past.



Give some examples of how my purchasing power is increased as the
value of the dollar decreases? Remember its a global economy.


Well, let's see, people make more money and stuff costs less.

If the dollar goes down, a lot of stuff costs more for them (merkins).
Imported stuff, domestic stuff which uses imported parts, and travel
abroad (which is also sorta "import" from the POV of the tourist's
country - you buy foreign services with your domestic money, except
you
consume them on location instead of having them delivered).

OTOH it's good for their exporters, because their prices appear to go
down for foreign customers.

From the EUR POV it's the reverse.

True.

That has little to do with the standard of living in the long term,
though.

and that was the point you snipped from the beginning of the discussion,
decinding instead to focus on the spurious fallacy of temporal exchange
fluctuations instead.


Bertie

On Nov 7, 8:28 am, Jay Honeck wrote:
Well, boys and girls, here it comes. $4/gallon gas in America. This
will translate into $7/gallon avgas soon enough.

Our last fly-in guest at the hotel was almost two weeks ago... (And
we just had our 28th consecutive sell-out weekend, so business is
booming...)

:-(
--
Jay Honeck
Iowa City, IA
Pathfinder N56993www.AlexisParkInn.com
"Your Aviation Destination"

Had one had the foresight to convert their assets to Euros in 2001,
oil would be about $60, thanks Drunkya...JG