Originally posted by THE BOUNCER
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Gas Price thread.
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I used to get pissed off about banking fees....but then I bought some bank stocks and I felt better about it. In my mind, the profit I was making from the stocks offset the fees and then some, so it didn't bug me anymore.
So, if the price of gas is driving you nuts, buy some energy stocks. I bought some shares in some oil and oil services companies awhile back, and they're up, so I don't feel as bad about getting gouged over at the pump anymore. I figure that every time they jack the price, I'm making more money.
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Its been moving between around $1.20 & $1.50, (this is per litre.)Originally posted by THE BOUNCERis that using the same measurements we use and the American dollar etc..?
$1.50 australian is about $1.30 U.S (unleaded)
About 2 years ago we were paying under a dollar a litre.
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Smart man - very good decision and thought process - impressive way to think...Originally posted by hitmansbI used to get pissed off about banking fees....but then I bought some bank stocks and I felt better about it. In my mind, the profit I was making from the stocks offset the fees and then some, so it didn't bug me anymore.
So, if the price of gas is driving you nuts, buy some energy stocks. I bought some shares in some oil and oil services companies awhile back, and they're up, so I don't feel as bad about getting gouged over at the pump anymore. I figure that every time they jack the price, I'm making more money.
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$2.89 this morning in NorCal. Dropped a couple cents when they started talking about making price gouging a law. They did the same when they were threatening to pass the Prop 87 bill. But californians are too stupid to know which bills to vote for.
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