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Old 06-04-2008, 08:50 PM   #51
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Well said Suzi.. prices are going up everywhere.
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Old 06-04-2008, 09:43 PM   #52
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We have some friends who sold their house and everything else when they retired and bought a very deluxe motor home, intending to travel all over the US and Mexico. Well, you can imagine, at 6 miles per gallon, where they are going these days. Nowhere. Plus, most of the money they had left to live on was invested in the stock market and they have lost about half of it. Very depressing, and not at all the retirement they worked and planned for.
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Old 06-05-2008, 06:56 AM   #53
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It's 4.12 a gal here. it's getting real bad for everyone. And for the people making minimum wage they wont have a choice about working if the prices keep going up it will be cheaper to stay home and not work.
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Old 06-05-2008, 08:35 AM   #54
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OK so on my calculations and given that 1 gallon equals 4.54609 litres here, and we are paying $1.65 AUD per litre so $7.49 AUD per gallon then convert AUD to US dollars, $7.20 per gallon.

Yep, yep, yep.

It is happening everywhere, we can jump by 15c in some places in one day and we don't even get an excuse!!

Our food prices are skyrocketing too, up by 30% in the past 12 months.
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Old 06-05-2008, 08:37 AM   #55
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Same here Cath. No reasons for the price hikes. They just happen.
And it's getting way outta hand !
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Old 06-05-2008, 10:00 AM   #56
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Originally Posted by middie View Post
Same here Cath. No reasons for the price hikes. They just happen.
And it's getting way outta hand !
No reason.....

The areas like parts of India and China that were previously very poor are now growing. Meat is becoming more of a staple in thier diets, I read that it takes 8 times the grain to raise the meat than what they were eating previously. So the grain price goes up because demand is higher vs supply. Furthermore, they are buying more consumables which need to be transported and manufactured, add in the cars for more direct oil usage....

I'm afraid the days of relatively cheap food, clothing and transport are on the way out. You cannot legislate against it, you shouldn't even moan about it really (sorry about my previous post!) because someone somewhere is now scraping enough together to buy some meat and a 'fridge.

So in summary, sorry but there are plenty of reasons, it's world economy the very poorest are getting slightly less poor and wanting some of what we have, ergo because of supply and demand prices rise.

*This is in no way intended as any slur or is it aimed at any individual*
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Old 06-05-2008, 11:26 AM   #57
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well okay so at least YOU gave a reason unlike other people. Namely the company I work for.
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