Why are we so concerned with fuel prices?

You slick answered your own question with one word in your post: capital. The ones that will not make it are those with no capital and overly reliant on credit. It's way too easy for people to start a business of any kind in our society. People just say, "I don't want to punch nobody's clock anymore so I'm gonna start a business." Where most people fail, is a lack of capital, lack of a plan, and taking too many days off. It's either one or all 3 of those. I've also noticed that many people who go into this venture, may make 3 or 4k in a week, but they never reinvest in their business. They go buy a bunch of material things. So for those that didn't take care of business, rising business costs is going to eat them alive. So many guys spend themselves right out of business.

 

That just means you gotta eat the pizza slower. 1 slice for lunch, then the next slice for dinner.

 

You know, reading your post, it sparked a thought. So many folks have massive debt. I don't know that the country ever truly got out of recession. I don't see how a nation can be out of recession when everything is so predicated on buy now and pay later. Then you couple that with wages not really rising. I'm thinking the country, maybe the world economy has been in recession since the beginning of time.

 

On top of all that student loan payments are supposed to begin in May. A ton of people have been avoiding that crushing debt. A ton more have the loans and no degree so it's just waste. This administration might keep pushing the date back until he's out of office though so who knows.

 

Actually that pic signifies that he hasn't lol

 

I'am just a dumb old stinky bull hauler byran.I sure don't claim to be smart
But another thread that was rolling strong the other day.. I think it was @ M C Adventures I replied to about the Entitlement Mentality and how this country is embarrassing because nobody wants to pay their bills and save money
And if they get in trouble they just cry to the goverment real loud and wait for the hand out or forgiveness.. it makes me sick
I live not far from Des Moines and that Cityis littered with national or regional Offices for alot of large Lending institutions & Insurance companies which also are evolved in lending & investing.. the 1st 2 to that come to mind are Wells Fargo and Principle Insurance.. with John Deere Credit Company in mind also there are other too.. Iam not saying this is Wall Street but alot of solid financial info is there
Ot just works out that I seem to know some of the upper management.. and as a rule they don't spend their free time talking about their jobs or companies but they all say the same thing a majority of Americans are very over extended.. and there is no possible way can or will continue 3 or them were having dinner with me Saturday evening and the consensus was the same the raising cost of oil is going to break this economy in short order and a Is certain administration has no intentions of stopping it .. because there are a few that will benefit greatly from this..( which is a whole different subject

 

That was the good old days....I sure do miss his mean tweets

 

Obviously the zombie apocalypse is just around the corner, then folks start fighting over the limited supply of gas at the one ExxonMobil in their neighborhood.......Fuel rationing will return as well if it keeps going....

 

Even though energy prices were clearly rising already due to other factors, the Russian/Ukrainian conflict does have a real impact on oil prices and therefore fuel. They supply about 10-12% of the world's oil exports so even the talk of cutting that off is enough to send the oil futures market through the roof. Some are predicting $200 oil but who knows.

And yes, the mainstream media will not give you the truth on this one. That requires too much time and explanation and nuanced thinking, which does the powers that be no good. Their job is to push narratives, not tell you the truth...usually these two things are at odds with each other. (Not always but usually)