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iambrutus;1181643; said:wife hit the $75 max out (mastercard) for the first time today
iambrutus;1181643; said:wife hit the $75 max out (mastercard) for the first time today
Taosman;1181661; said:Using a credit card that gives back something is one way to hedge against high gas prices. I use one that gives points toward a new car. Or airline miles.
Another would be to actually buy stock in an energy company. I have done that and it's working for me.
BuckeyeRyn;1181653; said:I use a debit card, not sure if they have maximum's on those, I can usually fill up for right around $70.00, but I would imagine they will have to quickly address the issue. There are now a lot of cars and card users out there that can't completely fill up on $75.00...
Jagdaddy;1181787; said:The New York Times says that the average household is now spending about 4% of take home pay on gasoline. Assuming $4.00 per gallon for regular (my car) and $4.20 for premium (my wife's car), I calculated us at a bit under 2% of take home pay (we almost never drive to work). I'm curious: Where is everyone else on this metric?
fourteenandoh;1180722; said:The fact that the saudis have every reason in the world to keep the rise of oil prices under control (so their junkies stay hooked if you will) and haven't should be blatantly clear to everyone that they don't have the supply some seem to think they do. If they had the oil they would be flooding the market with it at 136 bucks per barrel but they aren't.
But Iran, a fellow OPEC member, said earlier that it did not see the need for a special summit before the organization's next scheduled meeting in September. The record prices had nothing to do with a supply shortage, it added.
utgrad73;1181016; said:Not bursting my bubble, but a president can initiate alternative fuel programs and cut the cord from foreign oil. Anything can help reduce our dependency, we need to start now and stop talking about it.
utgrad73;1181085; said:Who elects these guys? We have the power to select an effective President and Congress.
Taosman;1181270; said:The only immediate help comes from conservation. The move to more fuel efficient vehicles. That will reduce demand. But, it's a band aid for the bigger problem.
Energy independence/or near is the only answer.