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#1621 |
In Search of a Life
Join Date: Jan 2016
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Posts: 27,036
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#1622 |
Rookie
Join Date: Apr 2019
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Posts: 0
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#1623 |
Live free or die hard
Join Date: Sep 2000
Location: Durango, CO
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Posts: 26,378
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#1624 | |
"Think BOOM!"
Join Date: Nov 2003
Location: 33.675° N 106.475° W
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Quote:
It's a tricky definition. |
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Posts: 182,467
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#1625 |
"Think BOOM!"
Join Date: Nov 2003
Location: 33.675° N 106.475° W
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Posts: 182,467
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#1626 | |
Live free or die hard
Join Date: Sep 2000
Location: Durango, CO
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Quote:
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Posts: 26,378
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#1627 |
Live free or die hard
Join Date: Sep 2000
Location: Durango, CO
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Posts: 26,378
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#1628 |
"Think BOOM!"
Join Date: Nov 2003
Location: 33.675° N 106.475° W
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And yes, the energy companies are of course seeing record profits in terms of revenue since one of their primary products has basically doubled in price. But their profit margins are still about 9%, which really isn't that high comparatively. Projections are that their PM will go up this year to the 12% range.
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Posts: 182,467
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#1629 |
"Think BOOM!"
Join Date: Nov 2003
Location: 33.675° N 106.475° W
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Posts: 182,467
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#1630 |
Roy E.
Join Date: Sep 2005
Location: Olathe, KS
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Posts: 22,831
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#1631 |
WE ARE THE CHAMPIONS
Join Date: Aug 2000
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Posts: 119,586
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#1632 |
"Think BOOM!"
Join Date: Nov 2003
Location: 33.675° N 106.475° W
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That would be stunning and I don't think we'll get there unless additional factors come into play.
Again, in July 2008, gasoline hit $4.14 on crude pricing of $146/barrel. Adjusted for inflation, those are $5.56/gallon and $196/barrel in 2022 dollars. |
Posts: 182,467
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#1633 |
Starter
Join Date: Mar 2020
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5.50 a gallon in Kirkland Washington. I think he’ll have to edit this thread to 6.00 a gallon pretty soon.
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Posts: 667
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#1634 |
C Chiefs once a year!
Join Date: Dec 2012
Location: Cali
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Posts: 7,664
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#1635 |
Roy E.
Join Date: Sep 2005
Location: Olathe, KS
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6-8-22
New record high national average gasoline $4.955 New record high national average diesel $5.719 Kansas state average $4.563 Missouri state average $4.532 https://gasprices.aaa.com/ |
Posts: 22,831
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