All the inflated prices that have come down?

Supernatural said:
No longer needing fuel as no more vehicle. So huge savings there as it eliminate car costs/repairs/maintenance, then insurance and all.

However, I've seen prices on Amazon in December 2023, which have now gone down and many specials. Loads of 2for1 or more in shops today, so incredible savings. Just one item nowhere to be found, EGGS! One shelf unit that's usually full was completely bare. Very strange!
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EGGS!!!!!!!!!!!!!!!!

I feed the foxes two eggs a day. If the foxes knew the trouble I have to go to to make that happen, they'd wag their big fuzzy tails.
 

Michael Z said:
Fuel prices are down so transportation costs are down. Also, supply issues are no longer for the most part. So what inflated prices have been reduced?
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That happened with the price of hay the whole 25+ years I had horses. Either the cost of fuel or the lack of rain would cause an increase in hay prices, but never did lower fuel costs or better rainfall ever cause the prices to drop back down.
 
againstthegrain said:
Used car prices are declining as well as RV's.
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I don't follow all makes & models by any means, but in my region Toyota, Nissan, and Hyundai all-wheel or 4WD cars hold their value, especially Toyota. We have rather stiff gasoline prices, and snowy roads in winter. From what I know, used Toyotas in good shape have have gone up somewhat in value (model for model) in the last couple years, due to people holding onto them, rather than trading-in or selling privately.
 
hollydolly said:
No shortage of eggs here, in fact I got a dozen of eggs yesterday, no problem at all in Tesco.
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It was a supply issue, and therefore sporadic. Depending when you order, you might hit the shortage or not. For a while, UK stores limited how many you could purchase. Since I use two a day, I get through a lot.
 
I suppose there are some items that are falling in price, but I have no plans to buy a car or a house.
Food, some items up and some down.
Gasoline down, but seems seasonal.
Heating is down, -2.4%, so yay!
Medical related stuff, seems to be going up, so big BOO!
 
dilettante said:
It isn't simple.

Used car prices rose with inflation and a short burst of demand. New car prices had all of that plus the EV subsidies bundled into every unit, EV or not. You also had increasing interest rates that cooled the marginal buyer market. Then you had the impact of unemployment and underemployment, despite the Sandersization of low-end job compensation. Roll in more inflation for everything else and a lot of lower-tier shoppers put off buying used cars. High interest also hit dealers: those cars on dealers' lots are not free. Then you have market shrinkage. There are simply les people in their 20s and early 30s than for decades.

The need to move metal has finally led to some used car drops, but scarcity is going to return. Used EVs aren't very saleable, nor are crap boxes like Kia/Hyundai products suckers turned to the last 5 to 10 years. I can't imagine anybody gullible enough to buy a used Mini for that matter. Even new they are a money pit.
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Used car prices rose a few years ago because new cars were sitting at ports due to chip shortages from China. Every new car needs a chip to operate. I remember a couple of years ago that there were virtually no cars on dealer lots and if I searched on a dealer site it said "In Transit". New cars are on dealer lots again and the average consumer would be more likely to lease a new car rather than buying or leasing a used one because interest rates on new cars are typically cheaper than on used cars.

One thing that hasn't gone down is car insurance. I spoke to my agent today because my monthly rate crept up by $20 since last month. My car is a 2017, so I've had it for years. Our other car is a 2023, purchased in almost a year ago. The answer was "yes, rates just continue to get higher". The other is homeowners' insurance. Mine increased by $1,500 this year due to the steep increase in property values.
 
dilettante said:
Wind? Solar? Hydro?

The may look great from within elite enclaves out West, but they aren't really viable where power is needed. Wind in particular has become a serious disposal problem as worn out and obsolete turbines are retired.

I too think what we're seeing above is electioneering.
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Here's a few facts for you regarding the source of energy for electricity in Indiana, the subject of the video.

" Wind energy contributed the largest share at about 10% of the state's total generation.49 Indiana's first utility-scale wind project came online in 2008 with about 130 megawatts of capacity.50 Today, wind turbines can be seen across central Indiana, and by mid-2023, the state had more than 3,450 megawatts of wind capacity.51,52"

Indiana's energy

The old turbine blades are being ground and added to concrete providing a solution for the disposal problem. And there will be other solutions as this is a brand new industry.
 
10% of 20% is 2%, so wind provides 2%. And that comes through heavy unsustainable subsidies.

Don't get me started on the inefficiencies and social irresponsibly of burning ethanol from corn to make electricity, more crazy being touted at the link above. Burning natural gas for electricity is also problematic. The chemicals and materials industries had already retooled to use natgas as a replacement feedstock for oil-based sources. Now there is a price-rising battle over natgas use, as well as the retooled plants that need to be reverted back to accept oil product inputs.

"Green" energy is a whirlpool of misery.
 
^^^I'm not sure if you're reading comprehension is off or it's your math, but 10% of the total generation is 10% of the total, not just of renewables. And there is more wind generation which will come online soon. IN also has offshore wind opportunities in Lk Michigan that are totally untapped at the moment.

My point being that the video you posted is fairly devoid of actual facts wrt to electrical production by wind in IN and wind is an important part of electrical generation in IN already w a potential for a lot more.






IN wind.jpg
 
VaughanJB said:
believe there are those who are saying we're going to see a crash of used car prices in the near future.
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Probably not around here anytime soon. For instance, new 2024 Toyota RAV4 XLE hybrids are priced at about $34K. Same vehicles, 2020 version with about 50K miles on them run between $28-$30K. I just looked.
 
Something is fishy here. The document at your link doesn't have a single "20%" in it today. Weird! It also has more double-talk and crossed statistics than before. Very fishy.

No, nobody is going set windmills in Lake Michigan. There is this little thing called ice which gets thick and shifts with tremendous force from Winter winds.

Indiana is nearly maxed out on wind power, and loss of subsidies will see its decline. There are other issues such as the National Weather Service complaints about interference with doppler radar.
 
dilettante said:
Something is fishy here. The document at your link doesn't have a single "20%" in it today. Weird! It also has more double-talk and crossed statistics than before. Very fishy.

No, nobody is going set windmills in Lake Michigan. There is this little thing called ice which gets thick and shifts with tremendous force from Winter winds.

Indiana is nearly maxed out on wind power, and loss of subsidies will see its decline. There are other issues such as the National Weather Service complaints about interference with doppler radar.
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Got it, if the facts don't suit your mindset just go on to "baffle them w bull s$it."

Great Lakes offshore wind generation article
 
Don M. said:
I made a quick run to the grocery store, a little while ago, and the local gas price was $2.43/gallon. Needless to say, I filled up the truck....that's the lowest price I've seen in the past couple of years.
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Yes yesterday I found gas for $2.47, best I have seen in a long time!
 
dilettante said:
Exactly my thought. You clearly don't know the differences between the Lakes.
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Well in an effort to learn about the differences btwn the Lakes I researched ice coverage, (not sure what that has to do w offshore "windmills" but it seemed important to you.)

Here are a couple easily understood(no reading or math skills required), graphs of ice coverage, both historical and current levels.

GL ice cover.jpg
LM ice cover.jpg
It appears LM's 50 year avg peak ice coverage in late Feb is about 40% of the avg of all 5 GL. Please note there is virtually no ice on any of the GL as of 1/5/24. hmmmmm

And as per the subject of this thread the more solar and wind power available puts downward pressure on fossil fuel prices and electricity prices. It also takes economic power from those that are our enemies like RU, Iran, SA, and the rest of the ME.
 
againstthegrain said:
And as per the subject of this thread the more solar and wind power available puts downward pressure on fossil fuel prices and electricity prices. It also takes economic power from those that are our enemies like RU, Iran, SA, and the rest of the ME.
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Exactly. Almost any progress toward reducing the planet's dependency on fossil fuels is positive. We're not going to get it exactly perfect in the early stages, but that doesn't mean throwing the baby out with the bathwater.
 

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