Quote:
Originally posted by PARAGON:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Boss Hoss:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by 2-H2's:
Just jack your prices up to coincide with the gas prices & keep on gettin' it. If everyone's prices top out with the gas figures it a wash.
Worst case scenario...everyone become self-employed & right it off.
LC
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I smell inflation...which is inevitable with rising energy cost. It is first felt on the producers side(PPI-producers price index) then dwindles down to consumers(CPI-consumers price index). Inflation=rising home interest rates...BTW, the Fed raising the Fed Funds rate(directly affects the "prime" rate) does not directly increase mortgage interest rates, however inflation does.
Im with Phil....i dont particularly care for paying more for gas...or anything else for that matter. It will not stop me from driving my truck as a please but it doesnt mean i like it. </div></BLOCKQUOTE>Everything.... EVERYTHING is affected by fuel costs. You don't simply adjust your habits, costs to accomodate. The economy is a slow moving vehicle but it does move. With the fuel prices reaching upward and upward, shipping costs for everything gets higher and higher, travel costs for business gets higher and higher and eventually everything on the consumer end does cost more (as Boss Hoss was stating).
This retards capital investment in business so 5-10 years down the road the economy is still taking a dump because all the money was spent on freight/travel/fuel costs and the direct/indirect results of it.
So, worrying about spending a few quarters more per gallon right now might not seem like much to some, it's going to bite you and everyone else in the ass if it's not brought under control.
It is all about supply and demand, but it's supply and demand of the oil futures that's affecting the fuel costs. </div></BLOCKQUOTE>
Para...my point jokingly was "that I can't do a damned thing about it".
I don't think anyone on this board can impact the current prices. Other than grin & bear it, short of boycotting, etc... All we can do is wait it out. In the mean time however I will pass the increased fuel costs onto MY customer's...the power generation utilities, who in turn will pass it right back to the customers like you & me who use electricity.
LC