Dow Jones drops over 300 pts. Gas jumps $11 a barrel!

[HerBDerb]

I thought I'd post this before M. Brooke got to it, 'cause we all know he loves this stuff.
CNNMoney.com Market Report - Jun. 6, 2008

How will this effect the skate-industry?
* Insert other Brooke-style economy-skate-industry questions here *

[suckyskatergirl]

I dont think it would make a huge difference in the skate industry for many reasons. Of course gas is effecting the price of everything from the food sector to the airline industries but oil isn't a huge contributor to the production of skateboards. The buyers are targeted towards younger people who don't care too much about the economy because it doesn't directly affect them yet (besides their parents incomes but kids will always want to have something regardless of whether their parents have the money or not). I dont think kids are like "im gonna save my money and not buy a skateboard because of the bad economy"

I think their might be a huge increase in skateboards/longboards because people are searching for other modes of transportation besides cars. I drive an SUV and i can buy a good longboard with how much i pay for 2 tanks of gas.

i can go on and on but i dont really think anybody would read it

[TheFuzz]

shipping prices will rise. as the dollar values decreases. Foreign boards like rayne and wefunk will get more and more expensive. I remember the first timeline I bought I was stoked because the US dollar was stronger that the Canuck one. Now to my dismay it has fallen below and thus rendering my favorite deck more and more expensive to get as the days go on. I think people are generally going to have less money and there are going to be less jobs as the days go on especially for the younger population block as industry will be looking for more experience workforce to reduce training time and boost production. Making it harder for younger kids to get money. As the workers here demand more money for their jobs because of inflation more and more jobs will be shipped overseas to compensate for this. I think a lot of the sport is going to spread out across the world and slow down here in the states. It all depends on our next president though. Whoever wins this next election is inheriting a bastard child of an economy and has their work cut out for them restoring financial confidence throughout the states.

[p2y2r7o]

I drive an SUV and i can buy a good longboard with how much i pay for 2 tanks of gas.

Ugh, I know right? It costs me $65 to fill up my cherokee and then it's gone within 4-5 days, if even that long. I'd love to longboard everywhere, but with temperatures getting into the 90's and hitting 100 over the next couple days here I can't do it or I'll pass out in the street.

[suckyskatergirl]

Ugh, I know right? It costs me $65 to fill up my cherokee and then it's gone within 4-5 days, if even that long. I'd love to longboard everywhere, but with temperatures getting into the 90's and hitting 100 over the next couple days here I can't do it or I'll pass out in the street.

haha thats about how much i pay but sometimes more cuz i have to use premium cuz i drive a lexus. i might have to use the cheaper kind but you get more out of premium. seattle doesnt get too hot. but its rainy. and theirs no way i can skate to work in the rain (although im sure the guys at work will enjoy my wet t shirt).

shipping prices will rise. as the dollar values decreases. Foreign boards like rayne and wefunk will get more and more expensive. I remember the first timeline I bought I was stoked because the US dollar was stronger that the Canuck one. Now to my dismay it has fallen below and thus rendering my favorite deck more and more expensive to get as the days go on. I think people are generally going to have less money and there are going to be less jobs as the days go on especially for the younger population block as industry will be looking for more experience workforce to reduce training time and boost production. Making it harder for younger kids to get money. As the workers here demand more money for their jobs because of inflation more and more jobs will be shipped overseas to compensate for this. I think a lot of the sport is going to spread out across the world and slow down here in the states. It all depends on our next president though. Whoever wins this next election is inheriting a bastard child of an economy and has their work cut out for them restoring financial confidence throughout the states.

I dont think that it will be harder for younger kids to get money. And I think that parents will be less inclined to buy their kids cars beecause of the rising cost of oil and are more willing to buy them other items of transportations like bikes and skateboards. Its a weird ideology to think that but i mean i know a ton of people at school who use their bikes and skateboards more because of how expensive gas is and thats in college. Not everyone is dirt poor and not everyone has yet really felt the full effects of a recession so I dont think consumers are going to completely stop buying anything. Cost of production may be more expensive buti dont think its going to discourage many skaters. Skateboards arent going to rise double their price like oil has and people may find them to be a good investment.

I mean i highly doubt that the majority of people are soo poor they cant afford a skateboard. Theirs a lot of people in poverty in our country but it is nothing compared to the absolute poverty in other countries. And one of the reasons we got an economic stimulus check and tax refunds are so we can keep consuming.

[spikedfro10]

I drive a small compact 4 banger, and it STILL costs me like 50 dollars a tank! =\ The only saving grace is that I get about 30 mpg...

...but I doubt this problem is going to get better anytime soon, 5 bucks here we come!

[*SWEET*]

it costs me about 75$ to fill in my tank here in canada and I have a 14 gallons tank that is never completly empty...
Price is about 1.43$ per liter here in montreal

[stuff]

its costs me $4 to fill up my tank with premium fuel, and i drive everyday and a tank last a week

ohhhhhhhyahhhhhhh



top speed of 80kmh till i get my new pipe in.... after a few mods im hoping to get 100kmh. however its sad knowing ive been faster on my skateboard then my vehichle can go.

[a_speck_of_dust]

i heard motorcycles/peds can get up to 70mpg??!?!

[Speedo]

I dont think it would make a huge difference in the skate industry for many reasons. Of course gas is effecting the price of everything from the food sector to the airline industries but oil isn't a huge contributor to the production of skateboards. The buyers are targeted towards younger people who don't care too much about the economy because it doesn't directly affect them yet (besides their parents incomes but kids will always want to have something regardless of whether their parents have the money or not). I dont think kids are like "im gonna save my money and not buy a skateboard because of the bad economy"

I think their might be a huge increase in skateboards/longboards because people are searching for other modes of transportation besides cars. I drive an SUV and i can buy a good longboard with how much i pay for 2 tanks of gas.

i can go on and on but i dont really think anybody would read it

She makes some good points.

But I highly doubt that many will resort to commuting by skateboard.
Motorcycle sales are increasing, I think.
Same with the little hybrid vehicles.
People are cutting back here, on skating trips, already.

My 1.5 cents.

[suckyskatergirl]

She makes some good points.

But I highly doubt that many will resort to commuting by skateboard.
Motorcycle sales are increasing, I think.
Same with the little hybrid vehicles.
People are cutting back here, on skating trips, already.

My 1.5 cents.

arent hybrids going to end up damaging the economy later in the future like how oil is damaging our economy now.

and i WANT A MOTORCYCLE SOOOO BAD but its not gonna be until i am older and have a real job and a real place to live. im in a transition period right now (graduating college and moving around), But is it really worth getting a motorcycle in a place that rains more then half the yr??

[sk8norcal]

scooters....I want one,
but I need my car too...

modded honda zoomer...

[TheFuzz]

I'm definitely going to get a vespa when I save up the loot. I was looking at a trial bike too because it would be really fun to ride around the city. I'm not saying that the skateboard industry will fall to pieces but it will definitely not be the same. With all the cash that people are going to be forking for other things, life's little necessities, there will be a lot less young people saving the money required to get a skateboard. I think there will be a big decline in premium skate parts because people will simply not be willing to give the cash up for them. I remember I came to college with 9 skateboards that I saved up for. I rarely bought anything other than boards, drugs, and gas in high school. I don't know about other people but if I remember complaining that gas was ridiculous when it was 2 a gallon. Now its almost already hitting 4 here. That was only a few years ago. So the real problem is not with the now but its actually with the future. What are we all going to do to cope with the prices to come because the price is only going to go higher faster at a rate that no one has been able to accurately predict. It's impossible to say what is going to happen, I'm sure longboarding will never die and because no matter how expensive everything gets people still want to have fun in their lives but the question is whether or not they will be willing to part with all the extra cash for a some fresh skate garble. I hope it doesn't happen and I hope someone starts to market the water car here soon.

[TheFuzz]

dude that skooter looks so friggin bad ass

where can I get one?

[HerBDerb]

arent hybrids going to end up damaging the economy later in the future like how oil is damaging our economy now.

I have absolutely no idea how hybrids would damage the economy, but when all those batteries start leaking and dying, we'll have a hell of a time disposing of them.
Nasty stuff in there...

And on the topic of scooters, my sister is picking up a vespa soon.
And sk8norcal, that scooter is badass.

[TheFuzz]

I heard on NPR that the carbon footprint of making one of those batteries is equivalent to driving an old Honda Accord for like 5 years or something. Plus to maintain a hybrid cost so much more than a car because regular shops don't know what the fcuk to do with them so you have to take them to the dealer and get bum raped by them. I think the real solution just comes down to people ditching their big SUV's and trucks if there is no reason for having one. Far to many fat trucks on dubs. There should be a huge tax on any vehicle that gets less than 25 mpg highway to make up for these ridiculous pieces of sh1t. All of that money should be put toward putting a subway system in every city in America with 100,000+ people. If there was a subway system in my city I would NEVER drive. The whole world would be healthier because of the exercise and there would be a lot less reliance on Petroleum. You should have to get special license plates if your car weighs more than a certain amount that costs a sh1t load. There are tons of solutions to these problems but no one is willing implement them because certain important people would lose money and the government just can't have that.

[msk]

but oil isn't a huge contributor to the production of skateboards.

Oil is a huge contributor to the production of *everything*, directly or indirectly. Urethane is an oil-based product. Oil is used in the manufacturing of trucks and bearings. Oil is needed to transport the raw materials to the factories, and the finished products to the distributors and retailers. The rising cost of oil will affect everything in one way or another...

[suckyskatergirl]

I heard on NPR that the carbon footprint of making one of those batteries is equivalent to driving an old Honda Accord for like 5 years or something. Plus to maintain a hybrid cost so much more than a car because regular shops don't know what the fcuk to do with them so you have to take them to the dealer and get bum raped by them. I think the real solution just comes down to people ditching their big SUV's and trucks if there is no reason for having one. Far to many fat trucks on dubs. There should be a huge tax on any vehicle that gets less than 25 mpg highway to make up for these ridiculous pieces of sh1t. All of that money should be put toward putting a subway system in every city in America with 100,000+ people. If there was a subway system in my city I would NEVER drive. The whole world would be healthier because of the exercise and there would be a lot less reliance on Petroleum. You should have to get special license plates if your car weighs more than a certain amount that costs a sh1t load. There are tons of solutions to these problems but no one is willing implement them because certain important people would lose money and the government just can't have that.

yeah i agree.its like how other countries are in abolute poverty where they cant afford to eat everyday and here in america we look at them and pity them but dont actually take any action to help them. .1% of our GDP go to the funding of helping the really needy in other countries but people in America would not want to sacrifice more espeically if they thikn our country is going to recession. It would be unrealistic to have people to stop buying big cars and sell their SUV's but having some sort of tax system to make a subway system would be great. The problem with implementing these things is that politicians make policies that will only better themselves for their term. They wont think "well lets implement this tax so we can finally have a subway system in america in 30 years" . They have to think of short term investments that may help temporarily (which i feel is George Dub Bush's main downfall).

[suckyskatergirl]

Oil is a huge contributor to the production of *everything*, directly or indirectly. Urethane is an oil-based product. Oil is used in the manufacturing of trucks and bearings. Oil is needed to transport the raw materials to the factories, and the finished products to the distributors and retailers. The rising cost of oil will affect everything in one way or another...

yeah i know that it affects every aspect of our lives and i understand that oil is needed for transportation and such. But im trying to imply that some companies will be more effected then others. IF you look at people on silverfish and how excited a lot of people are about getting boards , you never hear people complain about the rising costs of skateboards while people are always complaining about how expensive food and gas is. Say all boards rises 10 dollars. i highly doubt that will be the deciphering reason for someone to not get a longboard. I mean fck , hardcore skaters spend tons and tons of money on new stuff. People may cut back on spending on skateboards, but i think that the demand will always stay the same because new people will always want to get in it.

[elementalzoo]

Oil is a huge contributor to the production of *everything*, directly or indirectly. Urethane is an oil-based product. Oil is used in the manufacturing of trucks and bearings. Oil is needed to transport the raw materials to the factories, and the finished products to the distributors and retailers. The rising cost of oil will affect everything in one way or another...

way to say something intelligent!!

And scooters and motorcycles rock. I've had both and both have their pro's and con's. Even modded a street legal 50cc isn't going to go super fast but...it's a scooter I've had mine over a year and it's super fun I just pad my route with an extra twenty minutes both ways and enjoy the ride...