If You Are PLanning To Fill The Gas Tank....

[yukonjack]

Who needs a living wage when you can have cheap gas for a short while every decade or so?

Just think about yourself. Millions and millions of retirees in this country living on a fixed retirement income. Those sky high gas prices hurt them. Maybe it's their turn to be able to afford a steak.

Many of those retirement plans don't give cost-of-living increases. What you get is all you get. Sure maybe they could be greeters at WalMart if they were physically able, many aren't.

The price of oil was already back up almost $6.00 a barrel today. It ain't gonna stay low forever.

 

[WhiteyMacD]

I guess I cannot feel sorry for those who didn't account for the cyclical nature of the energy and exploration sector when planning/contributing to their retirement.

 

[Hobbes]

Maybe the oil companies could fund a job retraining program during times when oil exceeds a certain threshold like say $100 and then laid off workers could retrain.
Works for lots of other fields.
Just an idea.

No can do.
Drill it, pump it, spend it.

 

[WhiteyMacD]

No can do.
Drill it, pump it, spend it.

I just checked with a buddy who has no fears of the impending Devon layoffs, and he said Devon actually offers a great severance package that includes re-education. So some do it.

 

[RidgeHunter]

Just think about yourself. Millions and millions of retirees in this country living on a fixed retirement income. Those sky high gas prices hurt them. Maybe it's their turn to be able to afford a steak.

Many of those retirement plans don't give cost-of-living increases. What you get is all you get. Sure maybe they could be greeters at WalMart if they were physically able, many aren't.

The price of oil was already back up almost $6.00 a barrel today. It ain't gonna stay low forever.

Why are retirees driving? I fill my grandma's gas tank. About once every 2 months or more. She probably shouldn't be on the road at all, to be honest. She only drives in the daytime and never in busy areas at least. I don't think steak and her dentures mix, either.

It's OK. Those of us still working haven't gotten a proportionate cost of living increase in a few decades, either. We'll make do.

 

[Hobbes]

I just checked with a buddy who has no fears of the impending Devon layoffs, and he said Devon actually offers a great severance package that includes re-education. So some do it.

I'm glad to hear that.
Would like to see more of that kind of loyalty displayed more often.

 

[RidgeHunter]

I guess I cannot feel sorry for those who didn't account for the cyclical nature of the energy and exploration sector when planning/contributing to their retirement.

LOL.

Why can't poor people plan for high gas prices like those "in the oil biz" have to plan for layoffs/lower income?

YukonJack and Hobbes are on the same side of an argument. When they figure that out, both of 'em will **** a brick.

 

[WhiteyMacD]

I'm glad to hear that.
Would like to see more of that kind of loyalty displayed more often.

I completely agree with you here, and it relates back to where we agreed earlier. ref: Industrial Darwinism.

 

[RidgeHunter]

Walton Trash has hurt the working poor in America way more than most all the oil villains combined.

 

[RidgeHunter]

I wonder if Hobbes and YukonJack agree on the affects of migrant labor on the economy?

Another case of the plebes fighting over a cookie. Who is stealing that cookie? I bet it's the illegal Mexicans. And the union members.