Oil Was Up $5 today just under $140 A Barrell

[Vteckidd]

we had a discussoion about this this weekend.

If gas goes to $5 a gallon, which it looks like it will, if the average household uses 30 gallons a week(thats actually alot higher tehy say per capita is around 10 gallons a week per person, so figure a 2 parent working family its 20 gallons a week, but humor me). If gas was NORMALLY $3 a gallon, thats an increase of $240 month at the new rate. Now thats alot, but if $240 is going to break you in half, you have other problems going on.

THe people prob most affected by this are college kids, high school kids, or sub $25,000 a year people with families that commute more than 30 miles per day to work.

The rest of us, its a simple slight increase or expense.

When will it get to the point $50,000 a year people notice it? probably $10 a gallon will be the point that we start to say OH SHI T an its affecting the middle to upper middle class.

The rich, well, it prob wil never affect them

[ironchef]

we had a discussoion about this this weekend.

If gas goes to $5 a gallon, which it looks like it will, if the average household uses 30 gallons a week(thats actually alot higher tehy say per capita is around 10 gallons a week per person, so figure a 2 parent working family its 20 gallons a week, but humor me). If gas was NORMALLY $3 a gallon, thats an increase of $240 month at the new rate. Now thats alot, but if $240 is going to break you in half, you have other problems going on.

THe people prob most affected by this are college kids, high school kids, or sub $25,000 a year people with families that commute more than 30 miles per day to work.

The rest of us, its a simple slight increase or expense.

When will it get to the point $50,000 a year people notice it? probably $10 a gallon will be the point that we start to say OH SHI T an its affecting the middle to upper middle class.

The rich, well, it prob wil never affect them

You're not factoring in other rising costs though. Sure you might have an extra outlay of $240 per month for gas. But, what about rising food costs? Rising travel costs? etc Everything would go up as a result of oil.

[Mr. Clean]

You're not factoring in other rising costs though. Sure you might have an extra outlay of $240 per month for gas. But, what about rising food costs? Rising travel costs? etc Everything would go up as a result of oil.

touche!... yeah i've calculated how much more i would be spending in gas a month if gas gets to $5 and it really isn't going to hurt that much at the pump... its when EVERY other mother ****ing thing i try to buy is skyrocketing that will affect me... to be honest, i don't even look at the pump when i go fill up... i just fill up...

[Brett]

we had a discussoion about this this weekend.

If gas goes to $5 a gallon, which it looks like it will, if the average household uses 30 gallons a week(thats actually alot higher tehy say per capita is around 10 gallons a week per person, so figure a 2 parent working family its 20 gallons a week, but humor me). If gas was NORMALLY $3 a gallon, thats an increase of $240 month at the new rate. Now thats alot, but if $240 is going to break you in half, you have other problems going on.

THe people prob most affected by this are college kids, high school kids, or sub $25,000 a year people with families that commute more than 30 miles per day to work.

The rest of us, its a simple slight increase or expense.

When will it get to the point $50,000 a year people notice it? probably $10 a gallon will be the point that we start to say OH SHI T an its affecting the middle to upper middle class.

The rich, well, it prob wil never affect them

$240 is alot for many people to spend EXTRA each month, then add food prices, etc that are starting to sky rocket as well and you will see a MUCH larger amount of extra spending over that $240 figure you have. A gallon of milk is now almost $6!!! All food is skyrocketing and that will affect many middle class people, Thats basic math.

[Vteckidd]

$240 is alot for many people to spend EXTRA each month, then add food prices, etc that are starting to sky rocket as well and you will see a MUCH larger amount of extra spending over that $240 figure you have. A gallon of milk is now almost $6!!! All food is skyrocketing and that will affect many middle class people, Thats basic math.

where are you shopping LOL $6?! that must be that "ganja milk",

I just got back from publix it was $4 for Skim which IIRC thats about what is been the last few months.

Again im not saying its NOT affecting people, im saying its not as widespread as most people think. $240 extra is alot of money, but what i mean is it shouldnt be BREAKING people. It the scheme of things, $240 a month is peanuts

[Brett]

We havent seen $2.99 a gallon a milk in months, Milk everywhere is between $4.99-$5.99 a gallon, and I have noticed the price of meat and even things like cookies have gone up

[TheGodfather]

We havent seen $2.99 a gallon a milk in months, Milk everywhere is between $4.99-$5.99 a gallon, and I have noticed the price of meat and even things like cookies have gone up

...it's only $3.99 in both NY and Florida for store brand gallons.


But I work in the grocery industry, and all prices have gone up yes, but the worst is bakery.

Cakes are getting smaller for the same price as a big one, a thing of cookies from the bakery went from $1.19 to $2.09. It is really getting insane, and quite the rip off.

[Kevykev]

The rich, well, it prob wil never affect them

It will NOT affect them at all/


It will primarily affect the lower - middle class.

Some middle class families are slowly moving down the income hierarchy.