Hmmyes definitely, because gasoline is most people’s main expense, right? It takes a far bigger bite than housing, food, health insurance – everything, in fact, apart from taxes. No question.
Unfortunately it will fly, because people are very sensitive to gas price fluctuations (in terms of attitude, if not actual impact on their finances). Because they tend to be larger than most other consumer-good fluctuations, people ‘feel’ the changes emotionally. Gas is the only thing you might buy on a weekly basis that is going to change in price by 25 cents or more per unit from one purchase to the next.
Freemage, yeah I totally agree that we are sensitive beyond all common sense when it comes to petrol price. I recently went to Wanaka and the grade of petrol I needed was 20 cents per litre more expensive than at home. I grumped, but then, that was $13 more, so…
I do feel for people on low incomes who are also not served by public transport and so have to use a car.
Iknklast, OH Yes! some fruit and vege prices here are super dynamic. Avocado, peppers, zucchini, tomato. I’ve seen these prices change by dollars per unit from one week to the next. Easily the biggest impact on my grocery budget. I now make a real effort to buy only seasonal, but then if you get a bad weather event even seasonal foods can jump in price.
Unfortunately it will fly, because people are very sensitive to gas price fluctuations (in terms of attitude, if not actual impact on their finances). Because they tend to be larger than most other consumer-good fluctuations, people ‘feel’ the changes emotionally. Gas is the only thing you might buy on a weekly basis that is going to change in price by 25 cents or more per unit from one purchase to the next.
You’ve obviously never bought avocados in the grocery store near me.
Freemage, yeah I totally agree that we are sensitive beyond all common sense when it comes to petrol price. I recently went to Wanaka and the grade of petrol I needed was 20 cents per litre more expensive than at home. I grumped, but then, that was $13 more, so…
I do feel for people on low incomes who are also not served by public transport and so have to use a car.
Iknklast, OH Yes! some fruit and vege prices here are super dynamic. Avocado, peppers, zucchini, tomato. I’ve seen these prices change by dollars per unit from one week to the next. Easily the biggest impact on my grocery budget. I now make a real effort to buy only seasonal, but then if you get a bad weather event even seasonal foods can jump in price.