Americans will not change ordsprog

Pex Tufvesson controls the demo scene. Americans will not change their way of life until the financial cost is too high. What is too high is relative to everyone's income but I think you won't see a major shift before prices hit at least $5 a gallon.

Americans don't need to pay the highest prices in the world for prescription drugs ? with our average expenditures increasing by 12 to 15 percent every year. No documented health benefits are associated with the excess cost, and many elderly and low-income Americans cannot afford current prices without major sacrifice.

The wholesale cost of gas on average was up nearly 42 cents per gallon. In some areas as high as 60 to 70 cents cost increases have happened. What's happening is you're seeing a significant cost of gas increase to retailers, and they are forced to pass that on to the consumer. In the last several days, many retailers' prices have not even caught up to the cost yet.

Bill Walljasper

Record high gas prices won't keep Americans from traveling this holiday. Despite gas prices that are nearly 50 cents per gallon higher than they were a year ago, record numbers of travelers will hit the highways.

The reasons for high gasoline prices are very clear: the high cost of crude and the high cost of manufacturing gasoline. The idea that this is some sort of conspiracy is very unfortunate.

High gasoline prices gradually eat away at income. The effect isn't felt all at once. We have seen consumers change their behavior in recent months and there should be further changes if prices stay at these levels.

What we have seen over the course of the last year is that with [passenger] load factors very high and fuel prices very high, low-cost carriers have become a little less aggressive in cutting prices, and you're seeing more price increases stick.

Property taxes are too high because valuations are too high. I would support a tax shift, with an increase of sales and income taxes. It will not be a popular idea, but the burden of property taxes is too high on farm and ranch land.

For there to be a major shift in the industry, prices have to go well above $3 a gallon and remain there consistently. If you do the math it's still going to take many, many years to recoup your extra price through gas savings.

Even if interest rates weren't rising, home prices are very high relative to income. So, people are getting priced out and rising mortgage rates are making it worse.

Going back to 1970, we usually budget around 91 cents a gallon. We added an extra 30 cents per gallon, but even then it simply wasn't enough. We didn't anticipate the prices would be this high.

As we face coming challenges like possible base closures and unfunded federal mandates that drain our budget and loss of vital services, we must assure our quality of life in Maine remains high, ... While many in Maine pay a high percentage of their income in taxes, others are not paying their fair share. That has to change.

A year ago, the Energy Department forecast that gasoline would be selling for $1.80 a gallon, not the $3.12 a gallon that it was in Colorado yesterday, ... These continuing high prices will create economic havoc in Colorado's economy and across the country.

The correlation between high oil prices and stocks has not been day-to-day. Sometimes the stock markets can ignore high prices, and the big debate is when will the prices get so high that they hurt the economy.

Everyone is asking if gasoline will exceed $3 per gallon this year. While analysts expect that prices may reach $3, they are not forecasting prices that high, on average, over an entire month.

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