- Joined
- 14 Mar 04
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- 205031
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Why, when the price of a barrel of oil rises, say a dollar or two, does the price at the pumps go up but when the opposite happens it stays unchanged for a longish period? Example from where I live: The price of a barrel of oil dropped from $106.00 (approx) to $100.00 (approx) in about 3 days at about $2.00/day. The price at the pumps dropped $.03/litre on the third day. Now the per barrel price today went up $2.50 (approx) and tomorrow they're saying (and it will from previous experience) go up over $.06/litre.
Originally posted by Great Big SteesThey have you over a barrel. 😕
Why, when the price of a barrel of oil rises, say a dollar or two, does the price at the pumps go up but when the opposite happens it stays unchanged for a longish period? Example from where I live: The price of a barrel of oil dropped from $106.00 (approx) to $100.00 (approx) in about 3 days at about $2.00/day. The price at the pumps dropped $.03/li ...[text shortened]... prox) and tomorrow they're saying (and it will from previous experience) go up over $.06/litre.
Originally posted by Great Big SteesThe point is that you live in the blessed Capitalism. So people make as much money from you as they can. Of course if raw material price go up everybody has a good argument to raise prices. And of course as long as people are paying the price and nobody is selling cheaper you hold on. But as Capitalism is a blessing, somebody will lower prices a bit to gain market share and prices are downhill.
Why, when the price of a barrel of oil rises, say a dollar or two, does the price at the pumps go up but when the opposite happens it stays unchanged for a longish period? Example from where I live: The price of a barrel of oil dropped from $106.00 (approx) to $100.00 (approx) in about 3 days at about $2.00/day. The price at the pumps dropped $.03/li ...[text shortened]... prox) and tomorrow they're saying (and it will from previous experience) go up over $.06/litre.
Did you notice that there are sometimes price hikes followed by increased traffic? Nothing to do with raw material 😉 plain old Capitalism at work.
- Joined
- 14 Mar 04
- Moves
- 205031
Originally posted by PonderableYou, of course, have "hit the nail on the head". BTW the suspected price increase $.06/litre has in fact happened. 🙁 Thankfully I have stock in an oil company (hedging my bets) and with the expected profits (dividends) will be able to expand my, soon to be, purchase of one horse power to perhaps two. It's always a good idea to play for both sides eh (in business of course)?
The point is that you live in the blessed Capitalism. So people make as much money from you as they can. Of course if raw material price go up everybody has a good argument to raise prices. And of course as long as people are paying the price and nobody is selling cheaper you hold on. But as Capitalism is a blessing, somebody will lower prices a bit to ga ...[text shortened]... followed by increased traffic? Nothing to do with raw material 😉 plain old Capitalism at work.
Originally posted by Great Big SteesI wish I had the land to keep a horse. The travelling I would have to do to get to a field where I could keep one would outweigh the savings on car fuel. But if I could have a horse nearby, I would certainly use it to do my shopping, visit friends, take the dog for a walk. It would have to be bombproof though, because of the main roads etc. Dream on, me. 🙁
You, of course, have "hit the nail on the head". BTW the suspected price increase $.06/litre has in fact happened. 🙁 Thankfully I have stock in an oil company (hedging my bets) and with the expected profits (dividends) will be able to expand my, soon to be, purchase of one horse power to perhaps two. It's always a good idea to play for both sides eh (in business of course)?
Originally posted by Pawn QweenThe initial outlay for any half-decent horse is around £2000, and the average yearly upkeep is around £1500, so it's not always a cheap option.
I wish I had the land to keep a horse. The travelling I would have to do to get to a field where I could keep one would outweigh the savings on car fuel. But if I could have a horse nearby, I would certainly use it to do my shopping, visit friends, take the dog for a walk. It would have to be bombproof though, because of the main roads etc. Dream on, me. 🙁
Originally posted by ayceebeeI have a friend with land 5 miles away, and she has 4 horses. Two were given to her, a Clydesdale and a Cob, and the others were around £500. There are many horses needing new homes because their owners just can't afford to keep them anymore. A sad situation.
The initial outlay for any half-decent horse is around £2000, and the average yearly upkeep is around £1500, so it's not always a cheap option.
Originally posted by Pawn QweenActually the same here in germany, if you want a horse you can get it cheap now. But you need the pastures...
I have a friend with land 5 miles away, and she has 4 horses. Two were given to her, a Clydesdale and a Cob, and the others were around £500. There are many horses needing new homes because their owners just can't afford to keep them anymore. A sad situation.