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Author	Topic: [Poll: 2004.24]: Do the current high oil and gas prices effect the strength of...	Topic is locked Back to Topics

JT Moderator	Message Posted: Jun 6, 2004 10:11:00 AM Ignore JT Report Abuse Do the current high oil and gas prices effect the strength of the economy? Yes - Large Effect Yes - Small Effect No - No Effect Not Sure Post your thoughts about this poll below.

Moderator

Message Posted: Jun 6, 2004 10:11:00 AM

Ignore JT Report Abuse

Do the current high oil and gas prices effect the strength of the economy?
Yes - Large Effect
Yes - Small Effect
No - No Effect
Not Sure

Post your thoughts about this poll below.

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throttle Champion Author Maryland Posts:11,982 Points:2,464,695 Joined:Jul 2004	Message Posted: Jun 4, 2007 2:59:20 PM Ignore throttle Report Abuse small effect
Guido4 Champion Author Pensacola Posts:13,044 Points:2,670,365 Joined:Jun 2005	Message Posted: Jun 4, 2007 7:25:51 AM Ignore Guido4 Report Abuse Large Effect
april4 Champion Author Virginia Beach Posts:12,164 Points:2,398,910 Joined:Oct 2005	Message Posted: May 20, 2007 11:40:32 AM Ignore april4 Report Abuse Large effect (Most items in the market are more expensive, all services are more expensive, as well.)
Quazar911 Champion Author Texas Posts:2,070 Points:514,305 Joined:Apr 2007	Message Posted: May 20, 2007 1:10:25 AM Ignore Quazar911 Report Abuse Indeed it does-with a LARGE effect.
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: May 10, 2007 10:22:08 AM Ignore truckdude Report Abuse Yes, it has a large effect because it prevents consumers from spending money on other items and drives the prices up on other items they need.
Guido4 Champion Author Pensacola Posts:13,044 Points:2,670,365 Joined:Jun 2005	Message Posted: Apr 9, 2007 10:23:18 AM Ignore Guido4 Report Abuse Not Sure
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Apr 3, 2007 8:23:55 AM Ignore truckdude Report Abuse yes - large effect
Texasracer Champion Author Seattle Posts:1,684 Points:223,665 Joined:May 2006	Message Posted: Mar 13, 2007 2:53:14 PM Ignore Texasracer Report Abuse who knows
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Mar 8, 2007 7:58:03 PM Ignore YB1234 Report Abuse Yes - Large Effect
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Mar 8, 2007 7:57:56 PM Ignore YB1234 Report Abuse Yes - Large Effect
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Mar 8, 2007 7:57:18 PM Ignore YB1234 Report Abuse Yes huge affect because when spending more on gas then less money for all other regular things you do.
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Mar 8, 2007 7:56:51 PM Ignore YB1234 Report Abuse YES...extremely significant
YB1234 Champion Author Twin Cities Posts:7,565 Points:1,739,315 Joined:Sep 2005	Message Posted: Mar 8, 2007 7:56:27 PM Ignore YB1234 Report Abuse Yes - Large Effect
Texasracer Champion Author Seattle Posts:1,684 Points:223,665 Joined:May 2006	Message Posted: Feb 22, 2007 3:45:06 PM Ignore Texasracer Report Abuse yes
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Feb 22, 2007 8:31:54 AM Ignore truckdude Report Abuse Yes - large effect
Guido4 Champion Author Pensacola Posts:13,044 Points:2,670,365 Joined:Jun 2005	Message Posted: Feb 18, 2007 9:35:39 AM Ignore Guido4 Report Abuse Not Sure
skijackie Veteran Author Akron Posts:283 Points:145,180 Joined:Jul 2006	Message Posted: Jan 18, 2007 12:07:39 AM Ignore skijackie Report Abuse Yes, large effect; think of the cost of the war we are fighting and the insurgents are fighting over it.
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Jan 16, 2007 9:14:44 AM Ignore truckdude Report Abuse Yes
BUSSY Champion Author Dallas Posts:9,892 Points:1,538,565 Joined:Oct 2006	Message Posted: Dec 13, 2006 5:03:06 PM Ignore BUSSY Report Abuse yes
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Dec 13, 2006 8:49:26 AM Ignore truckdude Report Abuse Yes - they have a significant impact on the economy
Bill313 Champion Author Kansas City Posts:5,520 Points:772,565 Joined:Sep 2006	Message Posted: Dec 2, 2006 6:06:39 PM Ignore Bill313 Report Abuse All & All Yes - Large Effect -----
Guido4 Champion Author Pensacola Posts:13,044 Points:2,670,365 Joined:Jun 2005	Message Posted: Dec 2, 2006 7:55:08 AM Ignore Guido4 Report Abuse Yes - Small Effect
twowheel Champion Author Austin Posts:13,412 Points:2,885,940 Joined:Oct 2004	Message Posted: Nov 9, 2006 12:29:24 PM Ignore twowheel Report Abuse No, we do not see it in the published economic data. Unemployment is at a record low.
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Nov 9, 2006 8:25:46 AM Ignore truckdude Report Abuse Yes - large effect
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Oct 9, 2006 6:11:58 PM Ignore truckdude Report Abuse Yes - large effect
twowheel Champion Author Austin Posts:13,412 Points:2,885,940 Joined:Oct 2004	Message Posted: Oct 8, 2006 3:02:28 PM Ignore twowheel Report Abuse no, they are not significant in the economic statistics. [Edited by: twowheel at 10/8/2006 3:02:32 PM EST]
Bill313 Champion Author Kansas City Posts:5,520 Points:772,565 Joined:Sep 2006	Message Posted: Sep 26, 2006 6:22:40 PM Ignore Bill313 Report Abuse Do the current high oil and gas prices effect the strength of the economy? FOR SURE, IN EVERY ASPECT.
goulaisgirl All-Star Author Ontario Posts:583 Points:205,935 Joined:May 2006	Message Posted: Sep 8, 2006 2:02:32 PM Ignore goulaisgirl Report Abuse Of course. The more money that one has to spend out of a fixed budget on fuel than the less money that can be spent elsewhere in the economy (ie. restaurants, movies, shopping, vacations, etc.)
DrWhy Champion Author Los Angeles Posts:1,689 Points:438,870 Joined:May 2004	Message Posted: Sep 8, 2006 1:57:47 PM Ignore DrWhy Report Abuse yes - small effect (so far)
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Sep 8, 2006 1:27:52 PM Ignore truckdude Report Abuse Yes - large effect
Cubb Sophomore Author London Posts:189 Points:28,000 Joined:Aug 2006	Message Posted: Sep 7, 2006 4:21:10 PM Ignore Cubb Report Abuse Yes - Large Effect
twowheel Champion Author Austin Posts:13,412 Points:2,885,940 Joined:Oct 2004	Message Posted: Sep 7, 2006 1:10:36 PM Ignore twowheel Report Abuse No
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Aug 9, 2006 11:27:20 AM Ignore truckdude Report Abuse Yes, this has a large effect
pkhdonovan Champion Author Maine Posts:11,996 Points:2,702,880 Joined:Sep 2005	Message Posted: Aug 8, 2006 2:23:43 PM Ignore pkhdonovan Report Abuse yes - small
twowheel Champion Author Austin Posts:13,412 Points:2,885,940 Joined:Oct 2004	Message Posted: Aug 8, 2006 12:28:45 PM Ignore twowheel Report Abuse Economic data still does not show a significant effect yet.
Blorp Veteran Author Maryland Posts:342 Points:87,260 Joined:Jun 2006	Message Posted: Aug 5, 2006 11:55:22 AM Ignore Blorp Report Abuse Yes they will have a snowballing large effect as they influence all areas of the economy.
_TheDude Champion Author Grand Rapids Posts:2,553 Points:487,515 Joined:Aug 2005	Message Posted: Aug 3, 2006 2:03:41 PM Ignore _TheDude Report Abuse Yes, large effect
RGF250 Champion Author Maryland Posts:18,188 Points:2,561,990 Joined:Aug 2005	Message Posted: Jul 15, 2006 8:36:34 PM Ignore RGF250 Report Abuse Yes - Large Effect
TexasFight Champion Author Austin Posts:12,505 Points:2,570,530 Joined:Sep 2005	Message Posted: Jul 15, 2006 6:03:42 PM Ignore TexasFight Report Abuse Yes - Small Effect
Spanky06 Champion Author Wichita Posts:6,390 Points:1,016,800 Joined:May 2006	Message Posted: Jul 15, 2006 1:51:09 PM Ignore Spanky06 Report Abuse Yes - Large Effect
twowheel Champion Author Austin Posts:13,412 Points:2,885,940 Joined:Oct 2004	Message Posted: Jul 15, 2006 1:45:39 PM Ignore twowheel Report Abuse One does not see much effect in the economic data, just in the emotions of people - particularly those who commute long distances to work.
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Jul 9, 2006 7:58:11 PM Ignore truckdude Report Abuse Yes, large effect
Rick34202 Champion Author Florida Posts:6,170 Points:1,436,045 Joined:May 2005	Message Posted: Jul 5, 2006 3:09:54 PM Ignore Rick34202 Report Abuse If amount of money now spent on gas was diverted from other business, those businesses would be affected. Businesses that rely on gas for their operation would have to raise prices to maintain profitability.
twowheel Champion Author Austin Posts:13,412 Points:2,885,940 Joined:Oct 2004	Message Posted: Jul 5, 2006 12:15:59 PM Ignore twowheel Report Abuse On the other hand, current oil and gas prices take a smaller percentage of the average citizen's wages than they did two decades ago according to today's GLOBE AND MAIL. See today's news articles.
throttle Champion Author Maryland Posts:11,982 Points:2,464,695 Joined:Jul 2004	Message Posted: Jul 4, 2006 9:45:16 AM Ignore throttle Report Abuse They have to. Transportation costs of materials have to be factored in prices, which will contribute to inflation. Also, some people will have to buy less of other things to pay the higher costs of gasoline.
wizkids Champion Author Detroit Posts:15,277 Points:2,575,885 Joined:Dec 2005	Message Posted: Jun 20, 2006 8:15:03 PM Ignore wizkids Report Abuse Sure , Small Effect..
milo Champion Author Calgary Posts:3,129 Points:833,440 Joined:Aug 2001	Message Posted: Jun 14, 2006 8:56:56 AM Ignore milo Report Abuse not sure
CruizerGT Veteran Author Cleveland Posts:369 Points:161,570 Joined:Aug 2005	Message Posted: Jun 14, 2006 8:18:36 AM Ignore CruizerGT Report Abuse Yes - Small Effect
Oldsalt73 Sophomore Author Albuquerque Posts:222 Points:105,340 Joined:Jan 2004	Message Posted: Jun 13, 2006 4:51:30 PM Ignore Oldsalt73 Report Abuse WOW!, I guess it depends on your point of view. It probably does even out (self correct) as someone said, the poor get poorer and the rich pocket the difference. As a retiree I feel it has affected me quite a bit and therefore the local economy to some extend. I have just cancelled my order for next years season tickets to the city Little theater and the University drama/music theater. No big deal on an individual basis, but several hundred bucks taken out of the local economy when you figure diner and gas to and from the theater etc. As for vacations, no effect as yet. Thank gosh for Frequent Flyer miles except they have just about doubled the miles required so they will go pretty fast now to.
BenzineBoy Champion Author Lansing Posts:12,699 Points:2,356,225 Joined:Mar 2006	Message Posted: Jun 13, 2006 1:51:46 PM Ignore BenzineBoy Report Abuse Yes, but the problem is self-correcting.
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Jun 10, 2006 4:00:41 PM Ignore truckdude Report Abuse Yes - Large effect
Cat 140H Champion Author Saskatchewan Posts:13,763 Points:3,415,120 Joined:Jul 2002	Message Posted: Jun 9, 2006 7:21:09 AM Ignore Cat 140H Report Abuse Large effect