JohnCushman
Well-known member
Regular went down to $4.19 today.
What are you guys paying for gas?
- Thread starter Nick87
- Start date
DouglasR
Well-known member
$4.19
PrairieHunter
Well-known member
22k loads and only 7k trailers, so it's costing a lot more to move loads out of Oregon right now. Truckers are charging more due to the high demand and high fuel costs.
Redmt
Well-known member
I just paid $4.69 for diesel PLUS ALL THE TAXES. There's road tax, federal tax, city tax, county tax AND SALES TAX on top of it all. The only tax I can dodge is the road tax on red fuel.
Derek44
Well-known member
Only problem there is when it crashes. Eventually, it will cost more to move the product then what it is actually worth, and then it just won’t ship. Wait till that happens to groceries. When it costs 5K to truck 4.5K worth of groceries, the suppliers will just sit on it. They too aren’t in the game to operate at a loss. And when they decide it’s to expensive to ship, or when the end users can’t afford to absorb the cost anymore, then it’ll turn to gridlock. Empty grocery shelves, empty parts shelves, empty lumber yards, and eventually, empty fuel pumps. Just my opinion, but I think we all should be paying close attention
I agree 100%. The thing I see moving heavy equipment (I only really move stuff regionally) is if I don’t move stuff for guys to operate, those guys are sitting. Government projects are still rolling due to bid obligations, but things in the commercial side are slowing. I think the smart money guys are seeing this thing coming to a screeching halt and don’t wanna be hung out to dry.
noharleyyet
Well-known member
| Murphy today s Prices
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Redmt
Well-known member
Who else remembers when diesel was far cheaper than gas? It was always know as a byproduct of refining gasoline. Jit was much more plentiful than gas. It was nearly considered a waste oil. Times have changed. Oil companies are reaping the profit.
Redmt
Well-known member
I drove for a mom and pop trucking company in the 70's. They would give us 100 bucks for food and fuel to loop SF bay area to LA and back.
BigHornRam
Well-known member
Article on high price of diesel.
oilprice.com
Record High Diesel Prices Will Ripple Across The Economy | OilPrice.com
A global supply shortage and tight domestic inventories has sent diesel prices to record highs, a factor that is sure to drive inflation even higher
oilprice.com
D
Deleted member 28227
Guest
MeanwhileArticle on high price of diesel.
Record High Diesel Prices Will Ripple Across The Economy | OilPrice.com
A global supply shortage and tight domestic inventories has sent diesel prices to record highs, a factor that is sure to drive inflation even higher
If Harvard Wants to Lead on Climate, It Must Drop David Rubenstein | Opinion | The Harvard Crimson
Here at Harvard, the call for Rubenstein is this: recuse or resign. Legal ethics 101 says he should have removed himself from votes within the Harvard Corporation that relate to the University’s response to the climate crisis years ago. If he can’t take this basic step now, he should immediately...
Derek44
Well-known member
It seems to me just another one of the excuses. (PutinArticle on high price of diesel.
Record High Diesel Prices Will Ripple Across The Economy | OilPrice.com
A global supply shortage and tight domestic inventories has sent diesel prices to record highs, a factor that is sure to drive inflation even higher
). My question in regards to this article. It was my understanding that the Biden administration released a higher number of barrels per day from the SPR than what we actually even imported from Russia so how does that excuse even hold water? I understand the demand spike, but what happened to all the excess from when demand was so low that oil was trading in negative numbers. Were the oil companies smart enough to curtail production before the demand fell off so much but didn’t have the same foresight to ramp up production as demand was coming back, or is it all manufactured so they can reap these “out of this solar system” margins they are speaking of.
BigHornRam
Well-known member
Seems to me we are headed for self inflicted economic destruction. Don't think you could write a better script for it. I'm just a pawn in all this and going along for the ride like everyone else here. Buckle up, it's going to get bumpy.It seems to me just another one of the excuses. (Putin
Pence rips ESG investing as injecting left-wing politics into business
The former vice president called for states such as Texas to “rein in” the push for employee pension funds to use environmental, social and governance principles in investing.
www.latimes.com
BigHornRam
Well-known member
Screw blackrock.
www.bloomberg.com
BlackRock Hedge Fund Raised Its Russia Bet, Suffered Record Loss
One hedge fund team at BlackRock Inc. saw Vladimir Putin’s invasion of Ukraine as a chance to buy more of the country’s stocks. That decision has backfired.
www.bloomberg.com
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