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EU is lucky they invested in rail lines and trains. The average person can at least attempt to stop using gas guzzlers and keep living their life. If the USD f

EU is lucky they invested in rail lines and trains. The average person can at least attempt to stop using gas guzzlers and keep living their life. If the USD falls and oil prices rise, we in America are screwed. We almost had it handed to us this summer.

BenjiWiebe 4y ago
Would it really be that bad? Now I work very close to home, but when I didn't, I'd meet people commuting the other way. If it was no longer profitable to commute, we could either move to be closer to our job or switch jobs to be closer to home.
- nine_zeros 4y ago
  > Would it really be that bad? Are you asking about America? This summer, my wife's friend ($70k/yr) was considering a tradeoff between eating healthy vs supporting her mom's rent. Going closer to work is not a choice for many as rents closer to work are prohibitively high. Further, a lot of driving is errands and healthcare. I can't even get something to eat without driving 5 mins.
  - v-erne 4y ago
    Wow that's really bad - I have like four big supermarkets in 5 min walking distance from my flat and at least 4 convinience stores and even two real old school street markets. And I live on the far outsikrts of my town. And this is the norm here. How Americans could screw themselves so much and let this happen ?
- causi 4y ago
  Would it really be that bad? Sure, for the fools who saw a couple years of two-dollar gas and decided they needed an F-350 to drive to their office job. It's hard to work up any sympathy for them, especially when most of them lived through the gas prices of the Bush years.
brundolf 4y ago
The problem they're having is with natural gas, which they need for winter heating
- KingOfCoders 4y ago
  I gladly don't need natural gas for winter heating.
- Jochim 4y ago
  Petroleum prices also spiked, probably related to the war in Ukraine but I'm not 100% sure.
  - brundolf 4y ago
    Yeah but my understanding is natural gas is the real driver of crisis for Europe right now, esp Germany, but Americans sometimes misunderstand when it's referred to as just "gas"
    - Jochim 4y ago
      Yeah, that's fair enough. Sadly the natural gas shortage affects more than just winter heating, in the UK at least it's one of the main factors of the price of electricity. All of this has had a knock on effect that goes way beyond just the price of heating.
  - wiredfool 4y ago
    Petrol/Diesel is flat to slightly down from a few months back, though it's _way_ higher than it was pre-ukraine. In Ireland: ~1.50/l for Diesel -> 2.20, now back down to 1.89 or so. In northern Europe, I saw anywhere between 1.79 and 2.26 late July early Aug. (Including 2.26 and 2.02 on opposite sides of the motorway)
  - lm28469 4y ago
    Sure, nothing to do with megacorps absolutely milking the market.... https://cdn.statcdn.com/Infographic/images/teaser/27887.jpeg https://cdn.statcdn.com/Infographic/images/teaser/27887.jpeg
TechBro8615 4y ago
If USD falls against what? Exchange is only meaningful with a counterparty.
- nine_zeros 4y ago
  USD falls against oil price.
  - TechBro8615 4y ago
    But you said “if USD falls and oil prices rise.” It sounds like you’re double counting “USD.” Otherwise there is a missing variable here.
    - nine_zeros 4y ago
      Sometimes USD falls and oil prices fall together. The measure of USD is only accurate when measured against oil price, and it helps to precisely say it so as to avoid questions such as "If USD falls against what?"
      - TechBro8615 4y ago
        But I still don’t know what you mean by “USD falls.” It falls relative to what? All the other currencies? Are you relying on some index of “real price” of oil that’s denominated in something other than USD? Or are you just saying “if oil gets more expensive”? If so, I don’t really see the relevance of mentioning USD exclusively. Either you’re separating the currency from the commodity or you’re not.
        nine_zeros 4y ago
        The term "USD falls and oil price rises" go together to say that USD falls against oil price. The term "USD falls" alone or "Oil price rises" alone would require a backdrop of measuring against something.
mantas 4y ago
Trains run on electricity and electricity price is skyrocketing... And then some trains run on diesel... That's before looking at how much of that €€€ was thrown at long-distance trains. While commuting was an afterthought.

BenjiWiebe 4y ago

Would it really be that bad? Now I work very close to home, but when I didn't, I'd meet people commuting the other way. If it was no longer profitable to commute, we could either move to be closer to our job or switch jobs to be closer to home.

nine_zeros 4y ago
> Would it really be that bad? Are you asking about America? This summer, my wife's friend ($70k/yr) was considering a tradeoff between eating healthy vs supporting her mom's rent. Going closer to work is not a choice for many as rents closer to work are prohibitively high. Further, a lot of driving is errands and healthcare. I can't even get something to eat without driving 5 mins.
- v-erne 4y ago
  Wow that's really bad - I have like four big supermarkets in 5 min walking distance from my flat and at least 4 convinience stores and even two real old school street markets. And I live on the far outsikrts of my town. And this is the norm here. How Americans could screw themselves so much and let this happen ?
causi 4y ago
Would it really be that bad? Sure, for the fools who saw a couple years of two-dollar gas and decided they needed an F-350 to drive to their office job. It's hard to work up any sympathy for them, especially when most of them lived through the gas prices of the Bush years.

brundolf 4y ago

The problem they're having is with natural gas, which they need for winter heating

KingOfCoders 4y ago
I gladly don't need natural gas for winter heating.
Jochim 4y ago
Petroleum prices also spiked, probably related to the war in Ukraine but I'm not 100% sure.
- brundolf 4y ago
  Yeah but my understanding is natural gas is the real driver of crisis for Europe right now, esp Germany, but Americans sometimes misunderstand when it's referred to as just "gas"
  - Jochim 4y ago
    Yeah, that's fair enough. Sadly the natural gas shortage affects more than just winter heating, in the UK at least it's one of the main factors of the price of electricity. All of this has had a knock on effect that goes way beyond just the price of heating.
- wiredfool 4y ago
  Petrol/Diesel is flat to slightly down from a few months back, though it's _way_ higher than it was pre-ukraine. In Ireland: ~1.50/l for Diesel -> 2.20, now back down to 1.89 or so. In northern Europe, I saw anywhere between 1.79 and 2.26 late July early Aug. (Including 2.26 and 2.02 on opposite sides of the motorway)
- lm28469 4y ago
  Sure, nothing to do with megacorps absolutely milking the market.... https://cdn.statcdn.com/Infographic/images/teaser/27887.jpeg https://cdn.statcdn.com/Infographic/images/teaser/27887.jpeg

TechBro8615 4y ago

If USD falls against what? Exchange is only meaningful with a counterparty.

nine_zeros 4y ago
USD falls against oil price.
- TechBro8615 4y ago
  But you said “if USD falls and oil prices rise.” It sounds like you’re double counting “USD.” Otherwise there is a missing variable here.
  - nine_zeros 4y ago
    Sometimes USD falls and oil prices fall together. The measure of USD is only accurate when measured against oil price, and it helps to precisely say it so as to avoid questions such as "If USD falls against what?"
    - TechBro8615 4y ago
      But I still don’t know what you mean by “USD falls.” It falls relative to what? All the other currencies? Are you relying on some index of “real price” of oil that’s denominated in something other than USD? Or are you just saying “if oil gets more expensive”? If so, I don’t really see the relevance of mentioning USD exclusively. Either you’re separating the currency from the commodity or you’re not.
      - nine_zeros 4y ago
        The term "USD falls and oil price rises" go together to say that USD falls against oil price. The term "USD falls" alone or "Oil price rises" alone would require a backdrop of measuring against something.

mantas 4y ago

Trains run on electricity and electricity price is skyrocketing... And then some trains run on diesel... That's before looking at how much of that €€€ was thrown at long-distance trains. While commuting was an afterthought.