Posted on 09/14/2006 9:28:58 AM PDT by Uncledave
Because they were awash in dot com revenue? There was a proposed healthy increase via the elimination of the renters credit that year (530 million) but I don't know if it went through. Either way, it's only particularly germane if the budget is close to or in the red. If we're sitting on a couple billion overage, it won't matter, but if there's a simultaneous chunk taken out via softening real estate, or wealth flight after passage of some type of Rheiner idiocy, then it will get them going.
(Especially since gasoline is evil dirty nasty stuff foisted upon us by greedy corporations...) /sarc
If "almost all" gets to be 58%, then yea, I'll let you slide... :-)
All in all, we're probably +- 2 or 3%. Works for me...
I'll still buy you a beer... :-)
Two states, Iowa and Missouri, have reports of $1.99/gal today...
Think it'll be Katie's lead story tonight on CBS News?
That's roughly where I suspect it will end up. Worldwide demand is not going to disappear overnight.
They already are. Talked to a lib friend in Florida today, after exchanging info on local gas prices, his comment was "oh well, they'll be back up to $5 after the election"
I offered to send him a case of tin foil to protect him from Karl Rove's signals.
Furthermore, if gasoline prices really do plunge, gas tax revenues should go up as people become more freewheeling in their use of gasoline. The states can then finally do some catch-up on their backlog of road projects and maintenance.
Keep away from logic and facts with this crew, there are too many nits for them to pick when you run down that road ...
Seems that the gov'ment won't allow gas prices to drop, there's too much tax money at stake ... or they're causing them to drop so they can win the election ... I guess I just too easily confused [/sarcasm off
There are a lot of people all over the country discussing the impact on this and the realty is that it will affect each person or state differently - so - a combination of all of what you noted could be true.
Sounds like the conclusion from a research paper written to prove that global warming is caused by human activity .. nice.
Global warming is caused by bad beer.
Only to the extent that it raises the temperature of the water in the lake when it finishes its course.
Based on solid scientific evidence I have posted on this forum
as recently as yesterday The Proof is in the Link
I can state, without fear of contradiction, that the true root cause of Global Warming® is the demise of the world's pirate population.
Me thinks OPEC was getting nervous about providing too much motivation for competitors.
Show him this handy chart, with source link ( hattip:SAJ ):
--So, of course gas is always gets cheaper running up to a November election...
Sorry, friend, that's just not the case.
—— History of buying Nov Unleaded Gas from 09-07 to 10-31, contract years 1985-2005
start start --interim-- end end -- results -- ---- contract highs/lows ----
date price high low date price 1-yr cum high date low date
1985-09-06 72.54 83.10 71.51 10-31 82.70 10.01 10.01 83.10 85-10-31 68.90 85-06-17
1986-09-05 45.50 45.50 37.00 10-31 40.61 -5.04 4.97 45.70 86-09-05 30.00 86-07-28
1987-09-04 49.53 54.75 49.00 10-30 54.21 4.53 9.50 56.40 87-07-16 46.70 87-02-25
1988-09-06 40.99 54.40 38.95 10-31 50.24 9.10 18.60 54.40 88-10-26 38.95 88-10-05
1989-09-06 53.48 60.50 52.00 10-31 52.47 -1.16 17.44 60.50 89-09-21 38.85 88-11-18
1990-09-06 88.68 101.70 75.40 10-31 96.44 7.61 25.05 101.70 90-09-28 47.45 89-09-14
1991-09-06 59.86 68.90 59.00 10-31 66.86 6.85 31.90 83.30 90-10-09 47.80 91-02-19
1992-09-04 58.80 62.80 56.75 10-30 62.18 3.23 35.13 62.80 92-10-30 52.85 92-02-24
1993-09-03 50.84 53.80 46.80 10-29 47.30 -3.69 31.44 58.85 93-03-04 46.80 93-10-29
1994-09-06 48.04 60.10 43.80 10-31 57.08 8.89 40.33 60.10 94-10-31 42.22 94-03-28
1995-09-06 53.41 54.45 48.70 10-31 50.83 -2.73 37.60 56.40 95-05-01 48.70 95-10-06
1996-09-06 63.47 71.75 59.40 10-31 66.56 2.94 40.54 71.75 96-10-28 48.85 96-02-09
1997-09-05 57.47 64.00 55.40 10-31 60.22 2.60 43.14 64.00 97-10-03 53.40 97-06-20
1998-09-04 42.66 47.80 41.65 10-30 45.17 2.36 45.50 53.90 98-01-29 40.05 98-08-27
1999-09-03 63.01 70.35 58.30 10-29 63.93 0.77 46.27 70.35 99-09-29 38.80 99-02-17
2000-09-06 94.78 101.00 82.10 10-31 93.60 -1.33 44.94 101.00 00-10-12 60.15 00-01-11
2001-09-06 76.82 84.00 54.60 10-31 55.23 -21.74 23.20 84.00 01-09-14 54.60 01-10-31
2002-09-06 78.11 90.50 76.40 10-31 86.35 8.09 31.29 90.50 02-10-31 56.69 02-01-18
2003-09-05 80.82 90.45 73.55 10-31 80.34 -0.63 30.66 90.45 03-10-10 68.30 03-04-29
2004-09-03 119.41 144.50 115.10 10-29 131.46 11.90 42.56 144.50 04-10-22 80.83 04-01-15
2005-09-06 194.33 221.00 150.50 10-31 152.61 -41.87 0.69 221.00 05-09-29 110.75 05-02-07
avg net result ==>> + 0.03
Historical price table courtesy of, and copyright 2004-2006 by, Time & Timing.As equally of value is that a lack of slavery is the cause...
As equally of value is that a lack of slavery is the cause...
It isn't the bad beer that produces the methane causing GW, it's the greasy munchie food that bad beer drinkers eat.
Still, this means we could go back one step further and pin it on Busch and Miller, since they brew pure crap.
Remember, friends don't let friends drink light beer.
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