Welcome back $3 average diesel!

Price at the pump last night $3.999... Flying J Idahofalls, ID

 

Check www.mudflap.com for discount diesel prices. .30 a gallon at Sapp Bros Cheyenne WY, most places are around .20 a gallon.

 

Would the inflation of the 70' s be considered Hyper.? .

 

More like 4.00 fuel not 3.00-3.50

As long as the rates don't drop too much it's still plenty profitable when your running smart

 

Everything that is happening now happened right before the 2008 crash. At some point soon it’s coming again.
Once the consumers start cutting back on their purchases the end of good rates will follow. The bidding wars between the desperate, in over their heads “O/O’s” will be epic.

Question is, who’s wasting their money on lights and chrome instead of saving money for a rainy year or two?

 

I was thinking the late 70's & early 80's yes .. but I grew up in the agriculture part it seemed like that part suffered more .. the 1st truck I bought was a 1981 lightly used 359 that had 90k miles that a guy turned back in to Associates Financial Group. In Feb of 1982 because he couldn't make the payments.. my payments on that truck were 1456.00 per mth for 5 yrs. the interest rate was 15.3 % I thought that was cheap compared to the 18 & 20% on some loans

 

That was a period of up and down for trucking, was still a lot of mfg jobs. That was a big payment,

 

You are correct on all 3 of your statements in my opinion