Will the rising oil prices kill the economy?

[Machine Concepts]

Ford Expedition and Lincoln Navigator sales are soaring. $80,000-$100,000 vehicles we're talking about. They are selling faster than we can build them. Looks like more economic winning if you ask me

[LewStulePH.D.]

Trying to comprehend this post is like clapping with one hand.

Here is some reading to accompany those thoughts:

https://www.amazon.com/Sound-One-Han.../dp/1681370220

http://www.ashidakim.com/zenkoans/21...ofonehand.html

It is a Zen Koan

[unknown angler]

That's good Lew, I like it.

[jigman51]

Gas and diesel prices are dropping here in Missouri. $2.21 for gas and $2.50 for diesel this morning.

[unknown angler]

2.99 for diesel, 2.55 for corn gas here in NW IL.

[munchie]

Rising oil prices mean alot of folks back in this part of the country are getting back to work!

So I guess by that when the price is high, the mtg decides to produce more regardless of the demand. I don't understand. Would think lower price would create more demand and more production.

[LTZ25]

So I guess by that when the price is high, the mtg decides to produce more regardless of the demand. I don't understand. Would think lower price would create more demand and more production.

You are on to something !!!!

[jerzia]

Ford Expedition and Lincoln Navigator sales are soaring. $80,000-$100,000 vehicles we're talking about. They are selling faster than we can build them. Looks like more economic winning if you ask me

Pretty much what people thought when buying crazy priced houses in the mid 2000's.

[haha]

If the gas tax goes toward keeping the road up then I'm all for it , I'm in the road striping business , hahaha

A guy I know who sells heavy equipment said December was the best month he has ever had in 20 years of selling and January was looking to be as good (he told me this back in mid January). This national gas tax will benefit many people in an industry like this. Good for them. Cant blame them for making a living.

I love to bitch and moan about PA gas tax because it is a farce. It isn't going to the roads. It's going to pensions in a financially strapped state. If Trump increases the national gas tax, PA along with NY and CA are in more trouble. People who can afford it will pay won't care but the majority of people it will hurt.
I don't mind paying taxes if it is suppose to be for roads and bridges but 100% should be for roads and bridges not for paying salaries of state/fed people who are not associated in improving the roads and bridges.

[TampaJim]

Buy up the Navigators and 5,000SF McMansions.
That’ll make my Corolla and tiny home cheaper.

[stosh]

if we stop shipping oil out we will have plenty

[BasserJim]

I couldn’t even tell you how much gas is locally right now.

It’s not even really a consideration. Nothing I can do about the price, so I don’t get too worked up about it

[LewStulePH.D.]

That's good Lew, I like it.

I've read the book and can send it to You if You'd like. Like many of the same, One needs to read it, absorb it, meditate on it and then read it again and it seems to 'work better' if You 'pass it along'... So it is here when You want/need it..