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How high can it go
- Thread starter Shimmy1
- Start date
cuttin edge
Senior Member
Not sure about the US, but I asked the other day about the price of fuel, and the operating costs this summer, and I was told that the company gets money from the government to help off set the costs of fuel. Only for infrastructure projects, not private, but that would be a huge help.
Shimmy1
Senior Member
********* ** **'* ******. **** *** ** ***** *****. *********
(Can't talk out loud about those things)
cuttin edge
Senior Member
The thing that concerns me, and while I am glad to have my employer have help, cause if they don't make money, I don't make money.... is this a case of help the big guy, and screw the little fella?
Shimmy1
Senior Member
Depends on your perspective I guess. There isn't a safety net for me, why should there be one for anyone. I guess if they have like a 5 year contract for work, and this is a fuel surcharge when fuel gets above "X" dollars per gallon, then that's one thing.
Personally, I wish the gubment would just quit trying to help.
doublewide
Senior Member
Second attachment edited, because we all know HEF's rule on political content.
Last edited by a moderator:
Some are, but many build with cash or are doing upgrades with cash, if the real estate market tanked it would have more of an effect for sure. One of the things right now keeping me busy is house demos though which are largely not dependent on the market, the city is starting to clamp down on them being vacant because homeless keep getting into them and threatening owners with fines or tearing them down themselves and billing them for it. Which i'm happy to do, i'd rather do all demos and not even bother with excavation if I had enough of them it's way better money. But for my costs my only debt is my mortgage which the rate is locked until early 2027 no other debt at all and i'm going to be lending out a fairly substantial amount in the next few months so the higher rate I can get the better, or if things are looking like they are going to take a bad turn using the cash to buy up stuff to flip. So if things stay busy i'm happy, but i'd guess I will profit as much or more if things take a turn.
Shimmy1
Senior Member
hvy 1ton
Senior Member
First one is AvGas. Second one is $/barrel(175/42=$4.16)
Birken Vogt
Charter Member
Interesting how in the last part of the jet/crude chart they usually track closely, but lately jet fuel spiked and crude stayed mostly level.
Those prices represent, Jet fuel for the average small guy (business jets, helicopters etc) costs way more than for the airlines. First off our inflated prices pay their way, then there may have been some incentive we may not know about that let them switch to jets back in the early days of jet airliners. Famous Eddy Rickenbacker that ran Eastern airlines didn't like the jet engines at all, huge fuel hogs. Example years ago Boeing got huge tax reliefs from the state, I'm remembering 10 billion or so not sure. But if peeon chidog doesn't pay his tax what happens?
John C.
Senior Member
Last time I was part of a discussion on fuel, it came out that airlines buy their fuel in lots and pay what are essentially bid prices. What was explained to a few of us back then was that it worked similar to the stock market. The airline committed to a certain amount of fuel in a specified time period. This arrangement was a buy and pay so much whether you used the fuel or not. Say the airline committed to buying half a million gallons at say $2.00 per gallon for the first quarter of a year and didn't use the entire half million, that was too bad. Let's say that the fuel prices dropped during that first quarter, it wouldn't matter as the price was already paid. I don't know about the taxes for airlines but wouldn't be surprised if there was some kind of advantage given for all the jobs they provide.
$6.39 in Massachusetts. It’s intentional. Think things are expensive now? Just wait until trucking costs trickle down to the market. Everything is delivered by truck.
