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Life After Brown
I've noticed that most drivers don't own premium cars that they can afford. Why?
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<blockquote data-quote="purplesky" data-source="post: 1208152" data-attributes="member: 23628"><p>So thats about 5 years ago? Did you expect gas prices to freeze in time years ago? <img src="/community/styles/default/xenforo/smilies/FeltTip/funny.png" class="smilie" loading="lazy" alt=":funny:" title="Funny :funny:" data-shortname=":funny:" /> </p><p></p><p><span style="color: #000000">If you’re not convinced by economic theory or the opinions of economists, consider some<a href="http://www.eia.gov/forecasts/steo/realprices/" target="_blank">recent history</a>. Presumably, no one would call President <a href="http://topics.nytimes.com/top/reference/timestopics/people/b/george_w_bush/index.html?inline=nyt-per" target="_blank">George W. Bush</a> unfriendly to the<a href="http://topics.nytimes.com/top/news/business/energy-environment/oil-petroleum-and-gasoline/index.html?inline=nyt-classifier" target="_blank">oil industry</a>. Yet the price of gasoline rose steadily during most of his administration. In February 2001, just after Mr. Bush took office, the average price of regular gasoline was $1.45 a gallon. By June 2008, that price had risen to $4.05. Still think presidents and oil-friendly policies can determine oil prices?</span></p><p><span style="color: #000000">It’s true that by the end of the Bush presidency, prices had fallen back to $1.69, as oil prices plummeted with the rest of the global economy. But I think we can all agree that a global financial crisis is too high a price to pay for cheap gasoline.<span style="color: #222222"><img src="/community/styles/default/xenforo/smilies/FeltTip/wink.png" class="smilie" loading="lazy" alt=":wink2:" title="Wink :wink2:" data-shortname=":wink2:" /></span></span></p></blockquote><p></p>
[QUOTE="purplesky, post: 1208152, member: 23628"] So thats about 5 years ago? Did you expect gas prices to freeze in time years ago? :funny: [COLOR=#000000]If you’re not convinced by economic theory or the opinions of economists, consider some[URL="http://www.eia.gov/forecasts/steo/realprices/"]recent history[/URL]. Presumably, no one would call President [URL="http://topics.nytimes.com/top/reference/timestopics/people/b/george_w_bush/index.html?inline=nyt-per"]George W. Bush[/URL] unfriendly to the[URL="http://topics.nytimes.com/top/news/business/energy-environment/oil-petroleum-and-gasoline/index.html?inline=nyt-classifier"]oil industry[/URL]. Yet the price of gasoline rose steadily during most of his administration. In February 2001, just after Mr. Bush took office, the average price of regular gasoline was $1.45 a gallon. By June 2008, that price had risen to $4.05. Still think presidents and oil-friendly policies can determine oil prices?[/COLOR] [COLOR=#000000]It’s true that by the end of the Bush presidency, prices had fallen back to $1.69, as oil prices plummeted with the rest of the global economy. But I think we can all agree that a global financial crisis is too high a price to pay for cheap gasoline.[COLOR=#222222]:wink2:[/COLOR][/COLOR] [/QUOTE]
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I've noticed that most drivers don't own premium cars that they can afford. Why?
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