Are you worried about high fuel prices.

[daniel@procarpet]

I worry more about the garbage carpet being sold today. I think carpet manufacturers will make or break this industry. What I pay for gas can be adjusted in the price for my service...

I agree. I think it is only fair to charge the customer more because they have crappy poly carpet that takes twice as long to clean. I hate that stuff.

 

[Lee Stockwell]

The big spike in oil prices around September 2008 definately shocked the economy into a freefall, and I think that helped to uncover Wall Street crap that had been hidden for years.

People who were likewise juggling personal finances on extended credit were also driven over the edge on mortgages and investments.

Another such oil price spike will finish the job.

 

[steve g]

I personally think the high fuel prices are what caused the recession in the first place, used to be fuel was never above 2 bucks a gallon, instead by the time the dust settled I was paying over $4.70/gal for diesel. that was double my fuel budget and added another 500 bucks a month to my bills, just to operate my truck. the average family was likely seeing a 3-400 a month increase in fuel expense, people just don't have that much extra discretionary money laying around. add to that the inflation in other costs mainly food and its easy to see why soon after all that the home prices crashed and economy tanked.

I personally don't see fuel prices going up anymore, the economy will just flat out not support it. in my area I don't care what people are saying on the news but things are the worst they have been since the recession started. I look for fuel to rise slightly then enter a free fall, like they did after they topped out in price.

 

[Cameron1]

I am hoping that our new freight liner sprinter and soon to be installed diesel truck mount will help on total fuel savings. Right now we get 7 to 8 miles per gal. Plus propane usage.


Going to a single fuel source will save some time,hassle, and hopefully some cash too,

 

[Cameron1]

I am hoping that our new freight liner sprinter and soon to be installed diesel truck mount will help on total fuel savings. Right now we get 7 to 8 miles per gal. Plus propane usage.


Going to a single fuel source will save some time,hassle, and hopefully some cash too,

 

[Hoody]

"TURN OFF THE TV!" - Lee Pemberton. I won't forget him saying that at Winterfest in '09. For one the room was pretty quiet, and as he raised his voice to make his point across I noticed a few people jump in their seats. He paused for a brief moment and looked over the room to give that a minute to sink in.

 

[Art Kelley]

donno about those gas guzzling direct drives
(what a waste of a 200 hp engine to do the job of a 25-35hp motor :roll: )



..L.T.A.

Not having the extra expense and weight of a 35 hp motor makes it worth it.
Larry, I don't know if the fuel for your heater is free in your slide in, but my HX doesn't require additional fuel.
I burn 3000 gallons of gas a year driving and working 1000 hours with my direct drive WM. 9 grand @ $3/gal, 15 grand @ $5/gal. So if gas goes to $5/gal I have to make $6000 more to break even. I do about 1000 jobs a year so I would have to make $6 more on each job in a worst case scenario. It wouldn't be the end of the world, just 6% more for my average job. That's the sales tax on services that Michigan tried and failed to pass shiteatinggrin that I didn't have to pass on to my customers.

 

[bob vawter]

Art...you can not speak to those who won't hear!

 

[KevinD]

The big spike in oil prices around September 2008 definately shocked the economy into a freefall, and I think that helped to uncover Wall Street crap that had been hidden for years.

People who were likewise juggling personal finances on extended credit were also driven over the edge on mortgages and investments.

Another such oil price spike will finish the job.

I think after all the new elected officials get into their new offices there is going to be another major run on oil prices. That will do it.
I don't think we have seen half of what is going to happen.

 

[floorguy]

as much as the Chinese would love to come take over our country...

the world as a whole cant take the US going into the toilet...

While we heard stories of Greece and some other countries being worse then us....imagine if the US went totally belly up??? THEN the big question is....how or where to start over??? do things go back to the 50s??? $.05 for a burger....$1500 for a car??? and who sets it?? who decides to take it cheaper...

At some point the rich getting richer will in the end lead to their loss

 

[harryhides]

 

[Mike Draper]

I personally think the high fuel prices are what caused the recession in the first place, used to be fuel was never above 2 bucks a gallon, instead by the time the dust settled I was paying over $4.70/gal for diesel. that was double my fuel budget and added another 500 bucks a month to my bills, just to operate my truck. the average family was likely seeing a 3-400 a month increase in fuel expense, people just don't have that much extra discretionary money laying around. add to that the inflation in other costs mainly food and its easy to see why soon after all that the home prices crashed and economy tanked.

I personally don't see fuel prices going up anymore, the economy will just flat out not support it. in my area I don't care what people are saying on the news but things are the worst they have been since the recession started. I look for fuel to rise slightly then enter a free fall, like they did after they topped out in price.

I'm willing to put money down that gas is over $4 bucks a gallon, if not $5 within 18 months. You cant forget to take in account the Oil is traded in U.S. dollars and we are going to start seeing the inflation creeping in this year.

 

[Steve in Omaha]

that's one aced up chart. Price of Oil, in the title is not represented in the chart. Of course, as GDP falls, oil EXPENDITURES (total outlays, which could even be cheaper oil) will be a bigger piece of the pie. What was your point with this chart?

 

[harryhides]

See if you like this one any better Steve, just saying that there appears to be a strong relationship between oil price spikes and recessions.

 

[Ron Werner]

we've been paying over $4/gal for the past 5 yrs. Busn goes on. Lots of people at the malls.

 

[Curtis Pennington]

See if you like this one any better Steve, just saying that there appears to be a strong relationship between oil price spikes and recessions.

cant argue with that....

 

[Steve in Omaha]

See if you like this one any better Steve, just saying that there appears to be a strong relationship between oil price spikes and recessions.

Better, I get your point...but, the bottom axis goes in 2 year increments until 2006 where it goes monthly. Chart is badly dated if 2006 is the "current recession". Would be interested in seeing the time line extended out to 2009. Might have a better chance believing that a spike in oil is a precursor to a recession, eh?

 

[harryhides]

I agree, Steve not up to date and badly constructed but since it was from an article that I had just read, I put it up. Not gonna go digging for more recent stuff right now.

 

[Goldenboy]

When Harold was loozin his ass in his carpet cleaning biz. He knew how to beat high fuel prices. Strike the match to his building and collect insurance money. Ez money.

GoldenBoy

 

[steve r]

im not sure what my total expenditures were yet but im somewhere around $200 month i think.

im electric and most of my work is apartments that are within a couple miles.

i rarely drive more than 50 miles a day and its usually more like 5 to 10.

 

[joeynbgky]

I drive an astro van around to do estimates and drop off cleaning supplies for the girls... The last 2 weeks i have filled it up on the same day...... i have been driving it about 450 miles a week.. Then I also drive my personal car/business car.. and suv.. And i drive it about 350 miles a week.. about 800 miles i drive personally a week.. That doesnt count the TM van.. The van with the tm gets about 350 miles a weeks.. about 100 of that is from me. ugh.. I need to stop driving so much!! But I always have to be on the go, i cant ever sit still..

So yes my oil changes are every month and most the time every 3 and half weeks... Atleast I dont drive as much as i use to!

 

[daniel@procarpet]

http://tucsoncitizen.com/usa-today-news ... er-gallon/

http://money.cnn.com/2010/12/30/markets ... s/?iid=MPM

I'm not saying gas prices will go to 5 dollars per gallon. What I am saying is 3 dollars is high enough.

It's been a good run, and I am cashing out.

That is my mutual funds. I am going all cash for a while. The last two years have been good. There is no sense in being greedy. Most businesses have not invested in better technology to handle higher fuel prices. Air lines, trucking companies, and every other business that is dependant on fuel will be hit hard.

We have a socialist president with progressive backing. Insane gas prices are coming. How else will Al Gore's consulting businesses make money?

I have been thinking about this for a while. I don't see myself in the cleaning business ten years from now. I want to be out with a good sum of money and moved onto something else. I want to learn a new language and have something to fall back on if needed. I wish I would have finished my engineering degree. That and being able to speak Chinese and my future would be much brighter than it is now.

I still haven't figured out the link to oil and gold prices. You see 50 gold commercials on tv every day. The rich want to bilk the middle class investor out of their hard earned money. They want everyone to invest in gold. I wouldn't own it if you paid me to. How will they make money? I haven't figured that out, but I would bet it has something to do with higher interest rates and a stronger US dollar. I'm no expert though.

 

[Lee Stockwell]

Even cash will be hit hard. The printing presses will run Benjamins overtime to pay off the deficit.

 

[daniel@procarpet]

Lee if I have learned one thing it is to always go against the obvious.

Why do you think the stock market has gone up for two years?

Everyone I know that is a good investor told me a year ago they were out of the market. I was just too lazy to sell. You see everyone kept thinking the markets were due for a correction. That was the obvious trade. Going against the grain was to let your money ride. People betting short have been wiped out.

The dollar has already dropped a lot in value over the last decade.

It could go down some, but if I had to bet over the next ten years it would be on a strengthening dollar.

 

[Lee Stockwell]

There is no such thing as "the stock market" that one can invest in. There are many individual stocks, each with different potentials. When things tanked in 2008 not all stocks went down, yet some that did go down will never come back.

What are your fundamental reasons to believe that US dollars will be strong over the next ten years?

Perhaps you should rule out:
"our expanding industrial base",
"our fiscally astute banking system",
"our propensity to save for our childrens' sake",
or "Pax Americana".

 

[daniel@procarpet]

The reason you and the majority of Americans think it's the end of the world buying overpriced gold is why the exact opposite will happen.

 

[Lee Stockwell]

Who's buying gold?

(psst....buy lead)

 

[daniel@procarpet]

All the morons watching Glen Beck on Fox News.

 

[daniel@procarpet]

The real reason the dollar will not go down Lee is China owns too much debt to let that happen.

 

[mishi]

Hi there,

Everyone is worried about the high in price of fuel. As it plays major role for a development of a nation's economy and we can't produce it according to our wants. It is a non-renewable source of energy.

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