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OT--Rant with increased prices.

J

Jiles

Well-known Member
I am sure several remember the price increase for goods and services, blamed on increased fuel cost.
With todays price decrease in fuel and gasoline, anybody notice
any decrease in price of goods or services?
 
Kind of reminds you of the temporary tax increases,they always become permanent after they start enjoying the extra money!I haven't noticed anything
getting cheaper in the grocery store or farm stores around here!
 
They're just using the money saved in transportation to make those plastic bubble wrap packages that knowone can open without a sawsall.
Loren.
 
Although gas prices are cheaper, I think I am still spending about the same amount on fuel because the MPG just don't seem to be there. Anyone else notice this?
 
(quoted from post at 18:25:57 01/02/16) Although gas prices are cheaper, I think I am still spending about the same amount on fuel because the MPG just don't seem to be there. Anyone else notice this?
Click to expand...

A friend said the same thing and also said that he drove a little more aggressive with lower priced gasoline.
 
Truck tires are nearly back down to pre-increase levels in most truck tire places now. They went from
$2,000-2,500.00 up to nearly $5,000.00 for a set of 8 drives. They are selling a set of 8 here today for
$2,770.00.
 
It is natural for most businesses to try to hang on to the windfall profit when input cost go down. They only pass on the savings if the competition forces them to.
 
I think the lower fuel prices are temporary, they will find a way to get fuel prices back up----Increase in Taxes or "Flood Problems" ?
I guess companies realize this and justify no drop in retail prices.
 
Just heard on the radio yesterday about some pipelines being shut down because of the flooding. I wondered if that was just a good excuse to try something to get the gas price back up?
 
It depends upon how one defines "temporary."

Fracking has changed crude oil production well beyond the short term.

Whether consumers will be able to realize the benefits beyond the short term will depend largely upon whether enviro-zealots and other liberals have the political clout to prevent such.

Stay tuned.

Dean
 
Motor oil prices have declined but less so and more slowly than have gasoline prices. I expect further decreases in motor oil prices in the future.

Stay tuned.

Dean
 
the only thing i have seen go down is the return on my ethanol stocks
oh and no ssi increase for 2016
 
I filled up at a BP in Dubuque Ia. I always buy 10% ethanol gas. Please no arguments pro or con. The sticker on the pump use to say contains 10% ethanol now it reads May Contain 10% Ethanol. What gives?
 
Grain, meat, and milk prices have all dropped in the past year, substantially.

Anyone notice a price decline in the grocery stores?

Paul
 
Compliance costs are up. The thousands of regulations passed every year cost.

Another thing people forget is that businesses do NOT pay taxes, they merely collect them. Every time some one thinks they are
going to stick it to big business by raising a tax or requiring certain compliance or inspection they are taxing themselves, the
end user. A business cannot operate for long on a deficit.

Also, health care is out of sight. Remember, nnalert said if you cannot pay a decent wage and provide health care you shouldn't
be in business.
 
Diesel is down and fertilizer is some lower. That's about all that I see. As has been said, the increase in regulations, healthcare costs and minimum wages has kept the prices up. It may take years for it to come to a balance, if it ever does.
 
YES! Finally someone noticed that as well so I don't think Im imagining things lol. My MPG is down about 3 to 5 more than what it used to be the last couple of years. Im guessing since the gas is cheaper because of the market, why refine it to be good quality? If they can make it poor so you have to buy more who is getting ahead?
 
Alan K- 87 Octane is still 87 octane. The values have not changed.

More than likely it is the vehicle itself. Dirty air filters, worn rings, gummed up leaky valves, poor combustion due to carbon build-up in the cylinder, timing off, etc. The list of poor performance is long but, rest assured, it is not the quality of the fuel causing the lesser MPG.
 
(quoted from post at 18:47:20 01/02/16) YES! Finally someone noticed that as well so I don't think Im imagining things lol. My MPG is down about 3 to 5 more than what it used to be the last couple of years. Im guessing since the gas is cheaper because of the market, why refine it to be good quality? If they can make it poor so you have to buy more who is getting ahead?
Click to expand...

I'm actually getting a little better mileage lately. It seems like the winter blend always does get a little better mileage for me.
 
People just hate to back down prices after they have gone up. When land prices shot up, there was lots of land put up for sale at the top of the price range. Some people are still trying to sell at those price, but nobody will even look at the land. Other people are still trying to get the rent that they got during the high prices for grain, but anyone who uses a pencil can figure that they can't afford those high rents anymore. Owners are now putting land back into CRP for whatever they can get from the government.
 
One way you can look at that. Oil is much more lighter than water. Next, if the pipe line gets scrubbed out of the river bottom. They are supposed to have plenty of concrete weight around them but.. It will float up and away we go. Those floods lifted some rail road cars up and off the tracks. Some are over 60 tons and much more when loaded. Mother nature can be a very big bt----h if you want to play the game and mankind is a fool. Just my thoughts.
 
To get contracts some big trucking companies sign contracts with customers at a set fuel sur charge for a year in advance.
Fuel price goes up trucking company loses; price goes down trucking company makes more money; but it cost the same to ship a box from point A to point B no matter what fuel cost.
 
In my area motor oil and lubricants are way up. Pennzoil and Valvoline 10/30 non synthetic is selling for $6.00 a quart. This spring it was $3.97 a quart. Wal-Mart does have it cheaper though.
 
the EPA has been messing with the ethanol deal they have done an end run on congress on the ethanol law.seems like EPA has decided they don't have to follow the law even their buddy obamma signed it into law.
what is going in the pump? who knows i bet the guy owning the bp station doesn't.
 
No cant really be the vehicle as all three vehicles went down in MPG at the same time. It is the fuel. When I can buy a tankful at a place and my MPG goes down 10 on that tank full, and the next tank it is back up, it is the fuel.
 
True. The octane rating of your fuel is just how much energy is needed to actually ignite the fuel. A higher octane level does not increase your fuel mileage.
 
BTU of gasoline can vary batch to batch while octane rating stays the same. I'm not sure how they control that at the refinery or if it's just the base stock.
 
Cities in this area are the worst for being short sighted in this way. I'm glad other people realize this. Too bad not more of them are on city councils.
 
Alan K- I'm sorry but, I have to disagree with you. It's not the gasoline...

To quote you..."No cant really be the vehicle as all three vehicles went down in MPG at the same time. It is the fuel. When I can buy a tankful at a place and my MPG goes down 10 on that tank full, and the next tank it is back up, it is the fuel."

That sounds more like someone is doing 'Jack Rabbit' starts and other longer idling times to warm up the engine to heat up the interior of the car. JMHO
 
I'm paying about a dollar less per gallon of milk
than I was not too long ago.
That's about it.
Haven't priced pick up tires lately. It it seems
they should be coming down too.
 
Correction: Octane is the relative SPEED OF COMBUSTION in the combustion chamber. Also Reid Vapor Pressure is figured in. The higher the octane, the slower it burns. That is why lower octane fuels tend to cause pre-ignition and pinging - because the fuel doesn't necessarily wait for the spark to ignite.
 
What "ethanol law" are you referring to??? The Renewable Fuels Act of 2007?? If so, there IS NOT and NEVER WAS a federal requirement for 10% ethanol in gasoline. As a matter of fact, the 10% ethanol added to gasoline does not even satisfy that law. Read all about it on www.pure-gas.org. There are links to the actual text of the law and what it requires. I have read most of this, but not committed it to memory.
 
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