Plantagenet wrote:I've seen a few hybrids like the Priapus here in Alaska, but its still mostly the land of giant 4WD pick-ups. Seven months of snow and ice and -40 to -50 degree temps in the winter produce certain ineluctable requirements in a vehicle.
jupiters_release wrote:I spend at most $200/year on gasoline! YAY for NYC mass transit.
jupiters_release wrote:I spend at most $200/year on gasoline! YAY for NYC mass transit.
PrairieMule wrote:I saw that.
I'm normally not the downer type, but I think the majority of the folks behind it and participating are unclear on the concept.
Reminds me of how the druids of the dark ages use to throw maidens down a well in hopes of gaining magic powers.
Don't hold your breath.
It’s not surprising, because since Bernanke took over the helm of the Federal Reserve, the growth rate of the US M3 money supply has expanded rapidly to a 13% annualized clip, just shy of a 30-year high, and up from 8% in March 2006. Much like the ECB, the Fed is expanding the M3 money supply to immunize the US economy and stock market from sharply higher prices of crude oil.
The rapid expansion of the US money supply has sent the US dollar to its lowest level in 26-years against the British pound, an 18-year low against the Australian dollar, a 30-year low against the Canadian dollar, and an all-time low against the Euro. So oil exporters are quick to dump the US dollar and convert into appreciating currencies after initially accepting payment in the greenback.
---The price of a bushel of corn is up about 50% since spring of last year, and has led to rising costs for other foods and meats, because corn is an essential part of the US food-supply chain. Farmers use corn to feed dairy cattle, poultry and other livestock. Corn-based syrups flavor sodas, and corn oils are used in a variety of foods. Other pressures driving up the price of food include higher fuel costs, from surcharges passed along for transportation.
Soybean prices rose to their highest level since 2004, climbing above $9 per bushel and up 54% since October, tracking trend in crude oil prices, as demand for bio-fuels fuels boosted demand for vegetable oils. Soybean prices also rose on speculation that increasing use of ethanol made from corn in the US will require farmers to switch more acreage from soybeans to corn next year. Rising demand for bio-fuel helped send soybean oil to a 23-year high.
Longer commuting distances and more congestion en route combine to increase the time spent in automobiles. In 1982 the average motorist experienced 16 hours of delay; by 2003 this had virtually tripled to 47 hours. Car commuting time is increasing in nearly every U.S. metropolitan area. “Rush hour” everywhere is becoming longer as commuters attempt to beat it by leaving work early or delaying their commute until traffic eventually wanes.
The costs of increasing congestion and longer commuting times are high. Traffic congestion in the United States in 2003 caused 3.7 billion hours of travel delay and wasted 2.3 billion gallons of fuel. The total bill for all of this was $63 billion.
MonteQuest wrote:kjmclark wrote:The problem with this poll is that it takes gas prices in isolation, when it's more likely that all petroleum based, produced, or transported products would also at least triple.
Yes, but it is with transportation that we must start, as that is the big user and where it will be felt the most.
Hard to do an all-encompassing poll.
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