High gas prices creeping into all costs

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Wednesday, August 20, 2008 5:53:52 AM

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GasBuddy News Article

High gas prices creeping into all costs Saturday, July 05, 2008
Canada.com -- OTTAWA - Oil prices are approaching $150 a barrel and that's driving gas prices upward; but if you think getting to the grocery store is the costly part of the trip, wait until you get through the doors. Oil is at the top of the consumer food chain and its increased cost is trickling down, fuelling a domino effect on the cost of products and services that most Canadians use and buy every day. From taxis to toilet paper, dry-cleaning to diapers, higher prices for just about everything it seems, are being linked to oil prices. This is all coming despite figures released Friday saying the volume of gasoline sales, and also of most other fuels, has started to fall.
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JT Moderator	Message Posted: 7/5/2008 11:13:11 AM	Ignore JT Report Abuse
	Saturday, July 05, 2008 Canada.com -- OTTAWA - Oil prices are approaching $150 a barrel and that's driving gas prices upward; but if you think getting to the grocery store is the costly part of the trip, wait until you get through the doors. Oil is at the top of the consumer food chain and its increased cost is trickling down, fuelling a domino effect on the cost of products and services that most Canadians use and buy every day. From taxis to toilet paper, dry-cleaning to diapers, higher prices for just about everything it seems, are being linked to oil prices. This is all coming despite figures released Friday saying the volume of gasoline sales, and also of most other fuels, has started to fall. Visit Canada.com for full article

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POLELANE Champion Author Ohio Posts:1,450 Points:146,225 Joined:Mar 2008	Message Posted: 7/6/2008 12:47:08 PM	Ignore POLELANE Report Abuse
	oh no, has ethanol gone up too? thanks to the AAA
wegman Rookie Author Twin Cities Posts:48 Points:423,360 Joined:Jun 2001	Message Posted: 7/6/2008 11:17:02 AM	Ignore wegman Report Abuse
	Don't forget the effect of the liberal green begotten grain based ethanol on the price of food!
WonderfulMI All-Star Author Michigan Posts:910 Points:71,170 Joined:Jun 2008	Message Posted: 7/6/2008 10:37:42 AM	Ignore WonderfulMI Report Abuse
	** lindact * Yes, she is ."Beer heiress could be next first lady Beer heiress could be next first lady "Anheuser-Busch's political action committee was among McCain's earliest donors. Cindy McCain's father, James Hensley, and other Hensley & Co. executives gave so much the Federal Election Commission ordered McCain to give some of it back. McCain's campaign used Hensley office equipment such as computers and copiers, and Cindy McCain personally paid some of the campaign's bills
mrkel Champion Author Cincinnati Posts:1,328 Points:722,505 Joined:Apr 2006	Message Posted: 7/6/2008 10:23:28 AM	Ignore mrkel Report Abuse
	The trickling down affect is going to hit us all in the wallet.
lindact Veteran Author New Haven Posts:318 Points:81,945 Joined:May 2008	Message Posted: 7/6/2008 10:22:01 AM	Ignore lindact Report Abuse
	WonderfulMI...that is really scary. Doesn't McCain's wife's family own Anheuser-Busch?
Lonewolftx Champion Author Houston Posts:5,251 Points:1,031,310 Joined:Sep 2005	Message Posted: 7/6/2008 10:21:56 AM	Ignore Lonewolftx Report Abuse
	Yes, basic econ 101
peakoil2010 All-Star Author Los Angeles Posts:646 Points:130,125 Joined:Mar 2008	Message Posted: 7/6/2008 10:21:09 AM	Ignore peakoil2010 Report Abuse
	no kidding
WonderfulMI All-Star Author Michigan Posts:910 Points:71,170 Joined:Jun 2008	Message Posted: 7/6/2008 10:19:09 AM	Ignore WonderfulMI Report Abuse
	The dollar is worth less than it was in 2000, and becoming worthless. Read this: Dollar - Euro Excerpt: "The buck doesn't stop here; it just keeps falling AP - 45 minutes ago Sent 195 times WASHINGTON - Things in the U.S. sure are tough. Brother, can you spare a euro? Signs saying "We accept euros" are cropping up in the windows of some Manhattan retailers. A Belgium company is trying to gobble up St. Louis-based Anheuser-Busch, the nation's largest brewer and iconic Super Bowl advertiser. "
eddyp94 Veteran Author Ontario Posts:443 Points:135,345 Joined:Mar 2008	Message Posted: 7/6/2008 10:16:19 AM	Ignore eddyp94 Report Abuse
	everything thats part of our life needs as gone up
PirateFan Sophomore Author Virginia Posts:141 Points:84,620 Joined:Sep 2004	Message Posted: 7/6/2008 10:15:52 AM	Ignore PirateFan Report Abuse
	No surprise here...
DAM5 Sophomore Author Long Island Posts:184 Points:58,210 Joined:May 2008	Message Posted: 7/6/2008 10:15:29 AM	Ignore DAM5 Report Abuse
	WORSE IS YET TO COME
EagleEye16 All-Star Author Nova Scotia Posts:962 Points:142,020 Joined:Jun 2007	Message Posted: 7/6/2008 10:14:47 AM	Ignore EagleEye16 Report Abuse
	Was there ever a doubt that this would happen?
gasman50 All-Star Author Portland Posts:930 Points:731,665 Joined:Nov 2005	Message Posted: 7/6/2008 10:14:28 AM	Ignore gasman50 Report Abuse
	Hang on, its going to get worse
spunky4443 All-Star Author Washington Posts:690 Points:364,900 Joined:May 2005	Message Posted: 7/6/2008 10:13:20 AM	Ignore spunky4443 Report Abuse
	The DOLLAR doesn't go very far these days.
Ouch06 Sophomore Author Michigan Posts:167 Points:441,690 Joined:Apr 2006	Message Posted: 7/6/2008 10:13:03 AM	Ignore Ouch06 Report Abuse
	not surprised
CheapoBob All-Star Author Alabama Posts:982 Points:875,385 Joined:Apr 2005	Message Posted: 7/6/2008 10:11:01 AM	Ignore CheapoBob Report Abuse
	going broke fast
Rageagainsttm Champion Author Tampa Posts:1,453 Points:341,445 Joined:Jul 2007	Message Posted: 7/6/2008 10:08:45 AM	Ignore Rageagainsttm Report Abuse
	not really news this has been known for a long time
bow22ler Champion Author Houston Posts:1,242 Points:446,790 Joined:Jan 2007	Message Posted: 7/6/2008 10:08:06 AM	Ignore bow22ler Report Abuse
	drill here
sandtb Veteran Author Chicago Posts:301 Points:70,260 Joined:Jun 2008	Message Posted: 7/6/2008 10:06:18 AM	Ignore sandtb Report Abuse
	Yes, We are in a Recession! Yes, here commes Inflation! Hey, wait a minute ???
TRAIN RIDER All-Star Author San Bernardino Posts:706 Points:1,082,320 Joined:Oct 2004	Message Posted: 7/6/2008 9:55:16 AM	Ignore TRAIN RIDER Report Abuse
	THAT IS AN UNDERSTATMENT.
dcjones1000 Rookie Author Illinois Posts:39 Points:289,630 Joined:Jul 2007	Message Posted: 7/6/2008 9:53:24 AM	Ignore dcjones1000 Report Abuse
	No surprise here.
DerHahn Champion Author Illinois Posts:1,752 Points:410,895 Joined:May 2004	Message Posted: 7/6/2008 9:53:04 AM	Ignore DerHahn Report Abuse
	it won't be creeping for long. especially with the loss of all the crops here along the mississippi due to flooding. too much of the corn still available will be used in ethanol, further causing food issues.
1Casey Rookie Author Albany Posts:27 Points:454,690 Joined:Jun 2004	Message Posted: 7/6/2008 9:51:34 AM	Ignore 1Casey Report Abuse
	The public saw this coming long ago. So why has government not reacted ?
Gassie1 Champion Author Akron Posts:3,930 Points:474,385 Joined:Apr 2007	Message Posted: 7/6/2008 9:42:31 AM	Ignore Gassie1 Report Abuse
	We should all be worried
DFleming Sophomore Author Virginia Posts:242 Points:51,370 Joined:May 2008	Message Posted: 7/6/2008 9:41:02 AM	Ignore DFleming Report Abuse
	We vacationed in Virginia Beach and found a Grocery Store (Farm Fresh) that offered gas discounts for buying groceries. We bought the food we needed and saved 15 cents per gallon!
4warned All-Star Author Michigan Posts:759 Points:527,545 Joined:Nov 2006	Message Posted: 7/6/2008 9:39:50 AM	Ignore 4warned Report Abuse
	To be expected. Oil is used in production of most every thing one way or the other.
Masercal Champion Author Michigan Posts:1,036 Points:250,810 Joined:Oct 2007	Message Posted: 7/6/2008 9:38:34 AM	Ignore Masercal Report Abuse
	Most transportation of goods depends upon oil-based fuel and that can only equate to higher prices.
Terrapinone All-Star Author Baltimore Posts:530 Points:472,010 Joined:May 2004	Message Posted: 7/6/2008 9:38:32 AM	Ignore Terrapinone Report Abuse
	if it's not one thing, it's another
brus282 Champion Author North Carolina Posts:1,600 Points:340,700 Joined:Aug 2007	Message Posted: 7/6/2008 9:38:03 AM	Ignore brus282 Report Abuse
	cableman, well said. to expand, this planet runs on oil, does today will do so in the future. Alternatives will help, but this is a world build on oil.
cableman31 Veteran Author New York Posts:307 Points:337,960 Joined:May 2004	Message Posted: 7/6/2008 9:34:12 AM	Ignore cableman31 Report Abuse
	Oil is used in part for just about everything. Farming, Manufacturing, Electric, Trucking and an area alot of people don't think of. Natural Gas. Oil is used in the pumps, that are hydraulic to prevent sparks, that deliver Natural gas to us. Although I don't like government controls, this is one industry where it is needed and sorely laking.
bumpygas Sophomore Author Nebraska Posts:146 Points:244,995 Joined:Oct 2007	Message Posted: 7/6/2008 9:33:44 AM	Ignore bumpygas Report Abuse
	You thought the Great Depression was something, wait till you see the end of this!!!
seeso200 Sophomore Author Michigan Posts:129 Points:53,510 Joined:May 2008	Message Posted: 7/6/2008 9:33:15 AM	Ignore seeso200 Report Abuse
	Gas prices are just the tip of the iceberg.
RWPTraveller Veteran Author Virginia Posts:475 Points:292,275 Joined:May 2007	Message Posted: 7/6/2008 9:30:43 AM	Ignore RWPTraveller Report Abuse
	It's bad enough that the high price of gas adds to the cost of everything that depends upon transportation of materials, but then they siphon off grain to make ethanol and that causes the price of food to go even higher.
EarlyMoose Champion Author Seattle Posts:1,490 Points:619,115 Joined:Dec 2005	Message Posted: 7/6/2008 9:30:30 AM	Ignore EarlyMoose Report Abuse
	It's like a slow motion train wreck.
gasfrugal Champion Author New York Posts:35,790 Points:1,622,255 Joined:Sep 2003	Message Posted: 7/6/2008 9:26:12 AM	Ignore gasfrugal Report Abuse
	unfortunately, this is only the beginning. Our economy's grease (pardon the pun) has been cheap oil. Now that its not so cheap, the economy will slow down, the question is how far will go down?
oncotime Champion Author Milwaukee Posts:8,821 Points:1,564,545 Joined:May 2003	Message Posted: 7/6/2008 9:25:00 AM	Ignore oncotime Report Abuse
	it'll get worse.
normcrocker All-Star Author Tennessee Posts:545 Points:554,175 Joined:Sep 2006	Message Posted: 7/6/2008 9:23:38 AM	Ignore normcrocker Report Abuse
	It had to happen. Most produce moves by truck.
Bungee Veteran Author Twin Cities Posts:423 Points:306,765 Joined:Oct 2002	Message Posted: 7/6/2008 9:18:02 AM	Ignore Bungee Report Abuse
	No surprise here! Did you think all that stuff in stores grows in the back room? Even our trash removal service has added a fuel surcharge to their bills.
kingbee2u Rookie Author Colorado Posts:20 Points:30,850 Joined:Jul 2008	Message Posted: 7/6/2008 9:17:45 AM	Ignore kingbee2u Report Abuse
	cost of feed up 30%
Cherokee76 Champion Author Gary Posts:3,795 Points:639,725 Joined:May 2004	Message Posted: 7/6/2008 9:16:39 AM	Ignore Cherokee76 Report Abuse
	Ya think?
DooDaa Champion Author Massachusetts Posts:3,273 Points:732,730 Joined:Dec 2004	Message Posted: 7/6/2008 9:06:32 AM	Ignore DooDaa Report Abuse
	thats a good 1!!!
s6sputnik Champion Author Austin Posts:1,760 Points:354,275 Joined:Jun 2007	Message Posted: 7/6/2008 9:04:18 AM	Ignore s6sputnik Report Abuse
	Inflation, ask for a raise!
walker1 All-Star Author Ohio Posts:621 Points:682,800 Joined:Mar 2006	Message Posted: 7/6/2008 8:59:39 AM	Ignore walker1 Report Abuse
	Who ever wrote this article must not shop,say 4 months!
imnohero Sophomore Author Detroit Posts:148 Points:24,010 Joined:Jun 2008	Message Posted: 7/6/2008 8:57:36 AM	Ignore imnohero Report Abuse
	OPEC lol at us
weenerdog Champion Author Detroit Posts:1,149 Points:210,935 Joined:Jan 2008	Message Posted: 7/6/2008 8:51:17 AM	Ignore weenerdog Report Abuse
	Creeping into all costs have been happening for a while. They're making smaller containers and keeping the price the same, and we are not supposed to notice. When they raise prices, we are supposed to notice
Shiff Champion Author Pennsylvania Posts:1,042 Points:323,430 Joined:May 2006	Message Posted: 7/6/2008 8:47:13 AM	Ignore Shiff Report Abuse
	I had no idea :-)
dopster Veteran Author Toledo Posts:362 Points:805,855 Joined:Aug 2004	Message Posted: 7/6/2008 8:43:26 AM	Ignore dopster Report Abuse
	We've cut so far back on places to go & things to do that we're getting cabin fever.
Outie All-Star Author New Brunswick Posts:713 Points:446,225 Joined:Oct 2005	Message Posted: 7/6/2008 8:41:54 AM	Ignore Outie Report Abuse
	We all are going to suffer because of this ....
courier400 Champion Author Kansas Posts:6,369 Points:1,502,285 Joined:Mar 2004	Message Posted: 7/6/2008 8:40:33 AM	Ignore courier400 Report Abuse
	Looks like some one needed filler for a paper.
Matts_Pap All-Star Author Pennsylvania Posts:817 Points:129,195 Joined:Feb 2008	Message Posted: 7/6/2008 8:37:23 AM	Ignore Matts_Pap Report Abuse
	All of this is obvious to even the casual observer.