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re: Zillow report illuminates how bad things have gotten under Biden.
Posted on 3/17/24 at 8:25 am to Mad Dog Droopy
Posted on 3/17/24 at 8:25 am to Mad Dog Droopy
quote:
Yes, but Trump didn't take as many steps as Pedo Joe did to drive up fuel prices.
Sure, but that has almost no impact in the big picture.
quote:
Higher fuel prices drive up everything.
Sure, but in terms of total spending, that increase is 1% or less of the inflation.
2
Posted on 3/17/24 at 8:37 am to SlowFlowPro
quote:
Sure, but that has almost no impact in the big picture.
quote:
Sure, but in terms of total spending, that increase is 1% or less of the inflation.
You do not have the intelligence resources to be in this conversation.
Transportation costs are a major factor in the price on the shelf. Your "1%" claim is ludicrous.
Here, I need to update my list, but this is your inflationary acts by China Joe.
Jan 20, 2021: Biden cancels Keystone Pipeline
Jan 27 2021: Biden halts new oil and gas leases
Feb 19, 2021: Biden rejoins Paris Climate Agreement
May 7, 2021: Biden takes 30% of land off limits to oil and gas
June 1, 2021: Biden halts drilling in ANWR
June 30, 2021: Democratic Congress reverses Trump natural gas regulations
Oct 7, 2021: Biden reverses Trump NEPA regulations
Oct 29, 2021: Interior begins "Social Cost of Carbon"
Nov 15, 2021 Moratorium on oil drilling in Chaco Canyon
March 1, 2022: Biden releases oil from the Strategic Petroleum Reserve
March 21, 2022: SEC proposes anti-oil rule
May 12, 2022: Biden cancels all remaining oil and natural gas lease sales
July 6, 2022: News breaks that Biden let 5 million barrels of US reserves sent overseas as gasoline prices stay high.
You need that in graph form?
Posted on 3/17/24 at 10:29 am to SlowFlowPro
I’m sorry SFP but you have no idea what you are talking about. I own a business that relies heavily on energy. Our fuel cost for our semi trucks have almost doubled (increase of 7k a month). I do not try to make money on the freight of our products I just want to break even. Our profits are based on the margins put on our products. I had to increase freight rates to cover this additional cost. On average it is about 8% increase. My electric bill and natural gas bill for the plant has increased about 38% since 2021. That equates to approximately 8k more per month. Had to cover this increase in the margins on our products which increased over all price by almost 10%. Freight for ingredients to make our products have increased about the same. Input prices have added an additional 8% that we had to pass down to our customers. Energy alone has caused our products prices to increase by over 20%. Our margins remain the same but our customers are paying a lot more for the products. That 1% increase of total inflation from energy is a pipe dream chief.
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