Target Raising Prices on Toys

[ctc]

>we were producing and drilling for more domestic oil during the 70's and 80's.

Hmmmm.... I suspect there's a little more to it. What bothers me with the price of gas started after Katrina; when the gas companies were boo-hooing that they'd have to charge more 'cos a high percentage of their production facilities were taken out by the hurricane. That year they posted record profits for any industry on Earth, EVER! You'd think that increasing prices to compensate for new expenses (like repairs to the facilities) would have LOWERED overall profits.

Seems a lot like the Enron thing; that they realize they can increase price by increasing demand, by lowering production. Which also lowers expenses, and increases profits. So I think there's a certain amount of gouging going on as well.

Don C.

[Type3Toys]

don't forget in 1981 or 82 gas was 3.22 a gallon

No it was not. I graduated High School in 1980. I had a 75' Camaro in 81.
Gas was $1 or just above that.

[Type3Toys]

Without turning political, we were producing and drilling for more domestic oil during the 70's and 80's. Its also been 30 yrs since a new refinery was built in the US.

That may be true. Without turning political, 20 of the last 28 years was Republican Presidents also. My question again is, how come gas went up 300% in the last 8 years. Nothing else has gone up 300%. My morgage didnt, my pay didnt. Only oil and oil related products or things transported.

[BlackKnight]

I remember when Comics were 75cents,... & now the Average one is about 3.24 with tax. "sigh" .

[raider5gt]

Fuel over here seems to rise almost every week,the utility companies are talking of increasing there bills by 40%

I can remember when comics were 40 pence now they are over £2.... ah the good old days

[Customslab]

quote from u.s.a. today .... Gasoline prices match 1981 record at $3.22 a gallon

and what i'm thinking it refures to is in 1981 gas would have been 3.22 a gal by todays standards with taxes and cost of living and all the other mixed in

[Type3Toys]

quote from u.s.a. today .... Gasoline prices match 1981 record at $3.22 a gallon

and what i'm thinking it refures to is in 1981 gas would have been 3.22 a gal by todays standards with taxes and cost of living and all the other mixed in

Sorry Russ, it never happened in NJ of the USA.
IN 1981 I was 19 years old. I lived with my parents and worked a Black & Decker in Cherry Hill NJ, about 20 miles each way. I drove a worked up 1975 Camaro and made around $6.00 an hour. $10 used to damn near fill my tank.

[Customslab]

Sorry Russ, it never happened in NJ of the USA.
IN 1981 I was 19 years old. I lived with my parents and worked a Black & Decker in Cherry Hill NJ, about 20 miles each way. I drove a worked up 1975 Camaro and made around $6.00 an hour. $10 used to damn near fill my tank.

that is just what i read that usa today wrote in their national paper like i said i that what gas was back then is comparied to 3.22 a gallon today

[Type3Toys]

that is just what i read that usa today wrote in their national paper like i said i that what gas was back then is comparied to 3.22 a gallon today

Go to 1980s Flashback 1980 - 1989
Pres-Reagan
Unemployment-7.1%
Reg Gas $1.38


1999
Pres-Clinton
Unemployment-4.5%
Reg Gas-$1.08

[kingdom warrior]

I remember when Comics were 75cents,... & now the Average one is about 3.24 with tax. "sigh" .

75 cents wow I remember when they were 20 cents.......freeking thieves the comic book companies are now charging 3 bucks or more for crap.......

[Customslab]

from u.s.a today



VIENNA (Reuters) — U.S. retail gasoline prices set another recored and matched the inflation-adjusted peak reached in 1981, the government said Monday, as concern about low supplies pushed up pump prices.
The average price for regular unleaded gasoline soared 11.5 cents the past week to a fresh record of $3.22 a gallon, according to the federal Energy Information Administration's nationwide survey of 800 service stations.

The much larger AAA Fuel Gauge survey of up to 85,000 self-serve stations said the national average for regular gasoline stood at $3.196 a gallon Sunday.

TThe latest EIA pump price equals the all-time high gasoline price in March 1981, when a gallon cost the equivalent of $3.22 in today's dollars. Prices then were pushed up as war broke out between Iran and Iraq.