Skip to main content

View Diary: BIG Polling Day: This Is What A Wave Looks Like (117 comments)

Comment Preferences

  •  Gas Prices (1+ / 0-)
    Recommended by:
    grytpype

    Coming down will help just as much, if not more, than any debate.

    •  It's kind of pathetic that anyone would (7+ / 0-)

      think that he President has any control over gas prices.

      For if there is a sin against life, it consists perhaps not so much in despairing of life as in hoping for another life and in eluding the implacable grandeur of this life. - Albert Camus

      by Anne Elk on Wed Oct 24, 2012 at 12:42:45 PM PDT

      [ Parent ]

      •  Gas prices heavily influence right track#'s (0+ / 0-)

        Very strong correlation to right track numbers going up /wrong track numbers going down when gas prices go down.

      •  Not only that but (0+ / 0-)

        gas prices are minimal in most people's budgets.

        I drive about 350 mi/wk, or more. I have a newer, less gas guzzling car, but that's still a tank of gas, maybe a little more (depending on how much more I drive).

        That's about 13 gal of gas. At an increase of 10 cents a gal (and that's a big increase most times), it increases my cost by $1.30. That's not even the cost of a coffee.

        Over the month, a big jump in gas prices might, MIGHT mean an increase of $10 in my gas cost. And that's a BIG increase.

        For the vast majority of people, that's NOT a huge expense. If you're on a very limited budget it might affect you more, but mostly because you'll be driving an older car that takes more gas to begin with.

        Where it has much more impact is in what everything ELSE costs. Food goes up, because farmers use a LOT of fuel. Airfare goes up. Just about everything goes up, because the cost of transporting it goes up.

        But those changes don't happen immediately. If the price of gas/oil swings a bit, the swings tend to average out and be absorbed. But if it just goes up and up, the cost of other things goes up as well, and they DON'T drop down when the price of gas/oil goes back to more normal levels.

        And of course, if people heat their house with oil, the cost has a BIG impact over the course of the winter, because that's a larger and more concentrated cost than an extra $1.20 on a tank of gas.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site