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The lowest was Exxon at $ 4.599
and the highest was Shell at $ 4.809
and the highest was Shell at $ 4.809
Brace yourselves...it's only the beginning.
Hey Lowboy, how's the new profession?:drinkup
Ya' know what, if fuel prices are going to be $8-10-30 per gallon or whatever price it goes to, let's go ahead and make it that right now. If diesel is going to be $8 per gallon in 3 months or whatever - well let's do it right now.
Myself, as well as 1,000's of other small contractors out there, cannot afford to operate our busines with $8 per gallon fuel. So instead of a slow rise over the next year from $5 a gallon to $10 a gallon - just go ahead and do it Monday. I would rather be shot in the head and get it over with than my leg stuck in a bear trap, only to die from the blood loss. I don't want to struggle to find work and pay for the ever increasing fuel costs, spending all my savings along the way, only to find out the inevitable - fuel prices will be so high that no one can afford it.
Let's go ahead and raise it right NOW! So I can park all of my trucks and equipment and send my employees to the penny line with their pink slip - me included I pay unemployment on myself.
And when this happens , this is what else happens:
No withholding, FICA, SS, unemployment and Medicare taxes sent to the Fed/State gov't every 2 weeks.
No fuel being bought so no road or sales taxes on the 1000's of gallons of diesel I was buying.
Oh yeah and guess what - no Fed/State income taxes from me, my employees or my company this year because we didn't make any money.
Of course I will not be buying any new trucks, equipment, small tools, etc - there will be no need for them since I do not have a business anymore.
Multiply the factors listed above by 10-100K and see what the national affects are. The quickest way to get a bureaucrat's
attention is to reduce the amount of $$$ coming in on the tax rolls.
'Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.' - Ronald Reagan
Sorry for the rant but we are being manipulated by big $$$ folks in the futures market looking for a quick buck, regardless of outcome. The above rant and future senario is totally hypothetical but you guys get the idea.
The Congress had the oil executives of the major oil companies at the Capitol. The Exxon Mobil exec, told the government that they actually don't make any money on gas. They NET, meaning after they pay all the bills, 12 billion dollars a quarter and their not making any money????? GIVE ME A BREAK, I can't believe that guy had the guts to say that. This fuel price is going to put everyone under, big small, construction, delivery, pizza shops, everyday regular people going to work. Gas has doubled in the last 4 years has anyones salaries doubled? I know mine haven't to keep up with the cost of living. It's ridiculous this country is in some serious troubled if the government doesn't step in and straighten out the oil crisis.
We must be spoiled compared to some of you guys-anywhere between 4.10 and 4.65. Feel bad for you guys in NY state, but it's still hurting us bad. Dad must fill up his pickup at least once every day or two (16 mpg). Never mind the quads, we're driving them less than we usually do and the lawn tractor's used only once every week and a half or so.
Am I the only one surprised that there hasn't been a lot of protests or threats or anything towards oil companies/executives?