The rising price of fuel

Well yeah if you want talk about state and local taxes, that’s a whole nuther story. Renters though don’t pay property taxes or road and curb assessments, etc. indirectly maybe but not directly. So is a million dollars to convert a nag gas boiler to electric a tax if forced. Seems like it in a loose definition. And the renters will howl at the moon if their rent gets increased accordingly. Alice in wonderland. Up is down and down is up.

Gas is around $3.69 in my area with diesel being a good $2 more at $5.69

That situation exists in Central Maryland too. There is an article about it in the local paper this morning. Money was appropriated to finance improvements to Pimlico and Laurel Race Tracks. The bonds haven’t been sold yet. Bond yields have increased, so the original $320 million allotted is actually more like $175 million now. Add inflation and it gets worse.

Budget need decreases? Or a typo?

I think he means the original bond amount will only pay for 175 or short from the 329 needed. I think we made it just under the wire with our already underway jail. Our problem has been more supply chain issues with lengthy delivery times. Any vendor though that didn’t have escalator clauses though will learn their lesson.

And Florida repaired one hurricane damaged bridge in 3 days and another in 2 weeks…

3 Likes

Bonds are definitely confusing. Remember when Bill Clinton’s campaign advisor, forget his name right now, later became chief of staff, he told BC “the bond market is what may prevent you from spending more project money. It’s a hard limit. Any POTUS must satisfy the bond market to be successful”?

Speaking of the bizarre, I saw on the tv news last night some the folks in Minneapolis held a (supposedly) friendly fireworks-war … lol … It was quite a sight, have to say. Teenage me engaged in neighborhood bottle-rocket wars on occasion, but the one on in your area was way more than anything we ever did. Hopefully just kids letting off steam & no one was injured.

Difference between active and passive administration. Passive will have endless committe meeting to wring hands, discuss issues, and assign more committee work. Active will identify barriers to success and determine how to overcome them. I’ve worked for both and the aggressive guys will wear you out but things get done pronto. Bobs favorite phrase was do it.

No typo, @George_San_Jose1. The bill said they could sell bonds at a specific interest rate. If they can’t sell bonds at that rate, they have to discount them to meet market demands at a higher rate. Don’t forget the increasing cost of materials and labor for the work that was authorized a couple of years ago.

Ok, think I understand what you mean. Gov’t needs to borrow $329 M, and budget says they could afford monthly payments on that amount with prior lower interest rages. But with higher interest rates, now they can only afford to borrow $175 M, not enough to improve both race tracks.

hhmm… common sense says then to only improve one of the racetracks, or to improve both, but not as much. Any chance of common sense happening? … lol

Racetrack talks reminds me of the time I visited Phoenix on a business trip, had the afternoon free before flight took off, so went to racetrack. Lost all my cash and couldn’t get my car out of the parking lot at home airport… lol … finally convinced the parking guy to let me leave w/car , left some collateral, driver’s license, etc, and promised to come back the next day to pay up, which I did of course.

Had an early morning meeting in sr. Paul and parked in the ramp. Went to get my car out and discovered my billfold was at home. No cash, debit or credit card etc. I scrounged around in my pockets and came up with enough to get me out. Otherwise it would be back to the office to try and borrow some or stand on the corner with a coffee cup. Thing is the pay booth was automated so no guy to talk to.

1 Like

Fireworks in anyones hands other than trained professionals should be banned under Federal law. They are too dangerous to be in the hands of laypeople.

4 Likes

You should have seen the reports from last 4th of July I think it was. Totally lawless in Minneapolis. Speeding cars doing donuts with fireworks in the car and being thrown out. Totally bazaar. Police afraid to go in there. Don’t believe anything in the Minneapolis paper. They are just trying to protect the administration. During the riots they even burned down a police station. The city is a mess.

1 Like

It ain’t just Minneapolis, but that’s a discussion for another forum.

1 Like

They’re dangerous when people who aren’t used to using them (because they are outlawed) get ahold of them. They’re legal around these parts and we don’t have people getting maimed or injured. The bigger issue is they are relatively cheap and so people get carried away. Our town had to pass an ordinance regarding their use to discourage people from using them every weekend.

I usually put on a 4th of July show that rivals some small towns. :star_struck:

Talking about big V8 vehicles, this one guy on YouTube put in a lawnmower carburetor on a 1970s Ford and was able to get 40mpg going 70+mph. Makes you wonder how car companies are holding out we could have 100+mpg V8s with electronics…

I’m not in favor of censorship but let’s add 100 mpg carbs to the list along with the v……

And you believed it…

3 Likes

Could indeed be true. Not a violation of laws of physics. Engine could certainly run at idle & a little beyond idle w/lawnmower carb, and no limit to vehicle speed if slowly accelerating long enough, or if going downhill. Would need more info the determine the actual compromise; e.g. 0-60 mph acceleration time. Most drivers these days would feel car unsafe to drive if more than about 12 seconds.

I call BS. There are kits available to replace a carburetor with throttle body fuel injection (TBI) and no one has been able to achieve this kind of efficiency on a 1970’s car, even converting to TBI. I cannot believe that any type of carburetor could be more efficient than TBI on the same engine and transmission.

The only “100+ mpg V8 with electronics” that might be possible would be a very, very small one–maybe 1.2L–and this would be on a motorcycle. On a car or truck??? No friggin’ way!

3 Likes