Why are we so concerned with fuel prices?

It’s 2 pieces for $7.00 in Midland TX

 

Nooooooooo

 

Gas prices went from $3.50 to over $4/gallon within a week here in MI. Most likely I wouldn't go out of business but I always try to factor in the worst case scenario when making decisions.

 

I only haul for one company and bill weekly and use the previous weeks avg fuel price for the area. It's usually .25 higher than I actually pay for fuel. 4.649 midwest avg. Holy cow that's a big difference in $ per load vs 3.50. Don't worry about fuel cost but the cost of everything else.
I'm in the ag sector and commodity prices are through the roof too. Good in the short term if you have grain to sell but probably not good long term. Everything else goes up in price too. It ends up being larger dollar amounts changing hands but in the end no one has more money

 

I was deliberately unclear in an effort to avoid the political stuff. But since you asked LOL..

Putin is taking out the trash in his front yard, that the USA has been putting there since the cold war ended. No more no less. Sort of like JFK did in 1962 after the Soviets did that to us in the preceding years. Mainstream media will never explain that, instead pushing the unprovoked war narrative. Because they've become a tool of globalists who have used Ukraine as their money laundering and degeneracy hangout. They, including the current President, along with neocon opposition that are in on it, will defend that at all costs.

That, and conjuring up Hitler for every bad thing ever is just tiring and not clever any more. If you want to pin that on Putin in an honest way, you'd explain why and probably get banned for it even if you posted it in the politics forum. It's a provocative discussion that doesn't belong on TTR, in my opinion. So that's as far as I'll go with that.

Just my opinion also: the attack on Ukraine has little to do with the cost of fuel today. It may have accelerated the increase somewhat, but the USA energy supply, and therefore escalating price problem, was fully in play long before the first Russian solder stepped across their border. Fuel was going to go way up regardless of Putin's war.

 

Interesting take. I suspect the results will vary wildly from the those of the Cuban Missile Crisis, as I can't help but believe Putin will alienate much of the Russian citizenry by the time this is done. Enough to affect a change? Time will tell.

 

Thank You as I said I respect you and that's why I asked..
That is a interesting post and would I disagree with your statement.?
By no means at all !!!.. which as I said earlier is 1 reason why I don't waste my time watching the news
Also as you stated this is not the fourm to have a in depth discussion about this topic..
I truly appreciate you taking the time to reply !!

 

you guys remeber just a few short years ago. oil price went negative? i remeber paying 1.15 a gallon in utah that was the lowest i saw... a complete 180 degree turn just a couple years later

 

Another lengthy and interesting discussion there. I'd suggest Russia's Cuban Missile Crisis moment passed in 1999 when Poland, Czech Republic, and Hungary joined NATO during Boris Yeltsin's presidency. Yeltsin favored alliance with Europe, so promoted that at his political peril. Putin did not get elected until 2000, and it took some years for him to get political footing. Meanwhile more former Soviet bloc nations joined NATO. Yeltsin welcomed it, and it led to his defeat.

JFK on the other hand, never welcomed Soviets into the region. The Cuban Missile Crisis was the peak of the cold war. The political climate was long established, and the USSR was the enemy from the start. So really the only parallel between 1962 and now would be the existence of enemy armies and nuclear capability in an adjacent nation. How the two circumstances developed is vastly different. I'd expect Putin is viewed in a similar populist, patriotic light by the Russian public, as JFK was in the USA back then. Putin would have to drastically depart from his stated goals to lose favor.

 

And the Shale Oil Industry Shut down Overnight, Along with rendering a Lot of Oil Wells Non Viable (for a variety of reasons) a sustained period of High Oil Prices will Bring many of these Projects back into Production.. IMHO