$2.05? 
I'm surprised that we got down to $2.77 here so far...
I'm surprised that we got down to $2.77 here so far...
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Gas Prices
- Thread starter Sky
- Start date
FRITOLAYGUY
New member
2.77??? I shall educate you my son, its 2.69 at Texaco on E main st in Torrington, http://www.connecticutgasprices.com/
Heres that Iowa scenario http://www.iowastategasprices.com/
Heres that Iowa scenario http://www.iowastategasprices.com/
ctenidae
Active member
I was afraid they might make me taste it. You know how hard it is to get rid of gas breath?
andyzee
New member
:lol: :lol: :lol: :lol: :lol: :lol:
Reminds me of the time I was in Poland and my father-in-law wanted to give me a clock as a gift to take back. This guys is like 70 years old and prides himself on doing a great job of packing. So, he takes this clock and spare batteries and tapes it all together real nice like. He couldn't understand why I didn't want to take it on the plane in such a manner. :???:
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$2.77 was as of yesterday I didn't look this morning. E main st is way out of my way, I stop at the cumbies on the way to work which is usually the lowest in the area. If that's the same place I'm thinking of then they were $3.29 the last time I went by when the 3 places around it were well below $3.00. They must have made quit the price jump!
Gurgle some anti-freeze and you're all set...
Now that's funny!
andyzee
New member
Southern Jersey isn't too bad either: http://www.newjerseygasprices.com/
Time to think about locking in the fuel oil for winter. Got a quote today that was only a dime a gallon more expensive than last year's lock.
salida
New member
2.40 over in lexington, mass.
PS You guys know the fed doesn't actually change interest rates, they raise and lower the money supply...
roark
New member
There's monetary policy and there's fiscal policy my friend, and they are not the same. Changing the federal funds rate (the rate banks charge on very short term loans to each other so that they can meet reserve requirements) is an example of fiscal policy that has a direct effect on consumer interest rates.
hammer
Active member
You still do all full serve in NJ?
I try to go over the border to NH to buy gas...gas taxes are lower there.
ctenidae
Active member
They change the funds rate and set the targets for interest rates. Fiddling with the money supply changes the interest rates in fairly predictable ways. There's a pretty high correlation between the Fed's target rates and movements in the interest rates, so while maybe not technically directly a change in interest rates, the Fed's moves do, in fact, change the rates. Splitting hairs, and all that.
ctenidae
Active member
Finance Geeks, represent!
salida
New member
Quite a few pseudo economists in here! Pretty interesting the speed at which that comment generated replys!!!
roark
New member
FWIW econ 101 was several years ago... I'm sure there's something wrong with what I said.
andyzee
New member
Self-service is not allowed in NJ.
roark
New member
Hey, we sit in front of computers all day. You think we're always being "productive" ;-)
ctenidae
Active member
Actually, I've got a BSBA in Finance, work in investment consulting and finance, am finishing my MBA in May, and am sitting for the Level I CAIA on Tuesday. Not to be snarky, but I'd say I'm fairly well qualified to make comments on the state of the economy and the effects of Federal Reserve activities. At least well enough qualified to do it on a skiing message board.
salida
New member
Sounds like I should remove "pseudo" from my joke then! Good for you, in all seriousness, skiing is way more fun, but this stuff equally interesting.
