High Fuel Costs !!!



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High Fuel Costs !!!

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High Fuel Costs !!! - 3/12/2008 3:14:55 PM

Pallet Maker

Posts: 2
Joined: 5/27/2005
Status: offline

Diesel is just out of hand.....we are paying 4.19 per gal in Mich. Gas is a buck cheaper ? Adding higher freight charges to customers and they are not happy...!

Post #: 1

RE: High Fuel Costs !!! - 3/28/2008 4:51:35 PM

ApalletA

Posts: 1
Joined: 4/26/2006
Status: offline

how do you ship to your customers? outsource? company trucks?

Post #: 2

RE: High Fuel Costs !!! - 4/9/2008 9:38:10 AM

NW OHIO

Posts: 3
Joined: 4/9/2008
Status: offline

GET YOUR CUSTOMERS A SLIDING FUEL SCALE SO THEY KNOW WHERE IT WILL GO TO ACCORDING TO THE FEDERAL AVERAGE OF DIESEL... WWW.EIA.DOE.GOV. NO SURPRISES MAKES FOR A HAPPY CUSTOMER.

Post #: 3

RE: High Fuel Costs !!! - 4/10/2008 10:58:13 AM

Bob the Builder

Posts: 65
Joined: 6/7/2005
Status: offline

After factoring the higher fuel costs and adding them to our surcharge, our prices are up slightly over 5.5% (a very rough calculation done out of curiosity). There has been no customer reaction... NONE... Customers have been very quiet. It is a little scary. I don't know what to think.

Post #: 4

RE: High Fuel Costs !!! - 4/10/2008 3:32:03 PM

Silence Dogood

Posts: 7
Joined: 9/13/2006
Status: offline

It seems like just yesterday that diesel was only $3.90 per gallon.

Post #: 5

RE: High Fuel Costs !!! - 4/18/2008 1:50:42 PM

Jack Hammer

Posts: 83
Status: offline

When Canadian fuel is cheaper in USA than the country of origin you might have a beef. Convert a litre of Canadian diesel ($1.26 per litre at the pump and is set to rise again today) to US gallon 3.7854 = $4.77 per US gallon then tack on a 37% fuel surcharge. We've been higher than the US for years in gasoline also,,,, $1.20/litre x 3.7854 = $4.54 US gallon.
The only reason we "give" you our natural resources is so you won't load up a taxi, cross our unarmed border and take over our Country!

p.s. I'm just in a bad mood today cause there's no corn to feed my ox that pulls my pallet wagon, the price of corn went up to make ethanol !!

Post #: 6

RE: High Fuel Costs !!! - 4/24/2008 12:48:36 PM

Jack Hammer

Posts: 83
Status: offline

Anyone taking a trip to Montreal for the NHL Playoffs? $1.30/litre x 3.7854 = $4.92/US gallon, Didn't think so. US teams are subsidized by some organization, they gotta be, you can get a good playoff seat at any US rink just by standing in line.

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Post #: 7

RE: litre or quart? same amount, different name - 5/1/2008 2:58:58 PM

Jack Hammer

Posts: 83
Status: offline

Montreal gas price today $1.375 per litre or x 3.7854(us gallon) =
$5.20/us gallon
Ontario fuel ........ what's the use! I'm gonna start squeezing the juice out of some maple or oak and see if that works. I can hardly wait for the summer when the price increases to about a buck seventy. Pallets will have casters and summer students will be towing them behind their bicycles..........

Post #: 8

RE: litre or quart? same amount, different name - 5/1/2008 11:28:41 PM

ASB

Posts: 6
Joined: 8/20/2007
Status: offline

I wish we culd pay what you do for fuel, I am paying $1.62 per litre here about double your costs.

Post #: 9

RE: litre or quart? same amount, different name - 5/2/2008 8:57:55 AM

Jack Hammer

Posts: 83
Status: offline

Sorry to hear that. Sure makes business tough when prices go berzerk and you try not to or can't pass on increases to your customers, for fear of your competitor sneaking up and kicking you in the ass! Or worse, getting the boot from a long time customer because you had to increase his pallet a nickel just to break even.

ASB.... are you from an oil producing nation also?? or are you on an island?

< Message edited by Jack Hammer -- 5/5/2008 10:58:06 AM >

Post #: 10

RE: litre or quart? same amount, different name - 5/6/2008 2:03:50 AM

ASB

Posts: 6
Joined: 8/20/2007
Status: offline

I am from Australia and yes we produce oil but not enough, our oil prices are fixed to world prices and we pay way to much fuel tax.

Post #: 11

RE: litre or quart? same amount, different name - 5/7/2008 12:39:18 PM

Bob the Builder

Posts: 65
Joined: 6/7/2005
Status: offline

quote:

ORIGINAL: ASB

I am from Australia and yes we produce oil but not enough, our oil prices are fixed to world prices and we pay way to much fuel tax.

Whatever became of our resident Aussie, Skates?

Post #: 12

RE: litre or quart? same amount, different name - 5/7/2008 2:37:25 PM

Sincerely Interested

Posts: 96
Joined: 4/11/2005
Status: offline

It's not about dependence on foreign oil. In the US, 25% of the crude needed to meet demand is imported at world market prices. 75% is domestic production, which is "valued" at world market price, thus resulting in record profits for oil companies. If you are a "global free trade" supporter then this is "fair". Following this logic, if domestic production were 125% of domestic demand, then the oil companies could sell 25% to China at world market price, and still "value" domestic demand at world prices! Thus the argument that the problem is dependency on foreign oil and the solution is drilling in Alaska is a bunch of bull****! We only have 2 alternative solutions: 1. alternative energy sources, like biofuels, or 2. government price and export controls on domestic production. Ever hear a political candidate suggest price controls? Anyone old enough to remember how inflation was brought under control in the 70's? Anyone even know what the definition of "inflation" is?? Apparently the definition has changed over time...

Post #: 13

RE: litre or quart? same amount, different name - 5/7/2008 2:49:53 PM

48X40_4way_in SoCal

Posts: 3
Joined: 5/7/2008
Status: offline

$4.829 here in CA for 87 unleaded

Post #: 14

RE: High Fuel Costs !!! - 5/11/2008 9:28:51 AM

Sincerely Interested

Posts: 96
Joined: 4/11/2005
Status: offline

A good friend told me that my ratio of imported crude to domestic production was way off...A quick Google search on imported oil proved him correct; it's more like 65% imported, 35% domestic. My bad for relying on my perception of the ratio from listening to our media commentary...

This doesn't change the logic; domestic production is still valued at world market prices. If the oil companies are allowed to drill in Alaska to reduce our dependence on foreign oil it would only increase oil company profits and oil company shareholder value (guess who??), while gas prices would not benefit.

Any takers on the definition of inflation?

Post #: 15

RE: High Fuel Costs !!! - 5/12/2008 9:55:50 AM

Small time guy

Posts: 51
Status: offline

I'll bite. Inflation is the rate of devaluation of a currency. It measures the buying power of a currency over time.

That said, inflation is not necessarily a bad thing. It is the natural process of economic growth. During an economic expansion, there is natural pressure for industrial growth, which typically leads to lower unemployment (recent productivity gains have allowed greater growth without the need for higher labor spending, but since the capital outlays remain relatively constant for the business, it's a moot point) as businesses spend more to produce more to keep up with demand. Thus, more people have money, consumer demand increases, and the growth process feeds on itself. The brakes on this process are workers themselves. Businesses will continue to grow to meet demand until it becomes necessary to raise wages to the level of attracting workers that do not want to work. Essentially, labor supply is exhausted and the price of labor increases. Suddenly, goods cost more, spending decreases, demand decreases, and before you know it, there are layoffs because inventory isn't moving anymore. It cascades on itself until a new equilibrium is found, and growth starts again.

This is overly simplistic, because in reality there are many more pressures on economic growth than just labor, namely monetary policy, exchange rate policy, government spending, and taxation laws, to name some of the biggest culprits. However, the same rules are still in place. Inflation occurs when it is necessary to pay more to produce goods, and then the natural passing of those costs to the consumers. It's in lock step with the interest rate, which is the cost of holding money. Think of it this way. A dollar today will not buy all that it did in 1930. But, there are so many more dollars today due to economic growth that it's not that noticable unless your only focus is on the dollar's buying power.

Geez... You just wanted a simple definition, not a lecture. Thank God I didn't take time to try to load up some graphs... :)

Post #: 16

RE: High Fuel Costs !!! - 5/14/2008 8:52:02 AM

Posts: 23
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STG, that was good!
SI, i agree that oil value is based off of a gobal valuation number. However that number is driven by supply and demand. The world is using more oil, mostly CHina and Indea. The addition of more supply (Alaska or the Dakota's) will add more supply to the mix and help lower prices. Energy independence would be great but it can not be done in this country with corn. Our government is making a mess of there energy policy. The answere is to continue to invest in alternative energy research and drill everywere in the meantime. EVERYWERE! PP

Post #: 17