Home heating fuel here in the Consumption State, aka CT is up nearly 50% from one year ago, $4 bucks a gallon in a couple weeks. The Buckeye Terminal in Groton is empty and not expecting a tanker till Monday. Burning more wood than usual not because I want to, I have to, pure survival mode for me.
My coworkers are officially panicking over inflation. It's sad but somewhat comical to sit back and watch.
Just got zapped for the 1000 gallon propane tank fill @ $2.32 a gallon. Don't think I've ever paid more than $1.80. Inflation? Perhaps, but more likely price gouging by the parasites running the commodities market.
Even more comical while my gold is up very nicely but it's still nowhere near the level it should be with all the chaos in the "world".
It's a combination of inflation and greed. People want raises and companies raise prices to cover or we kill them in the stock market. There's no free lunch, and McD paying $18/hour gets passed right through. Take a family of 4 to fast food right now, it will set you back $30+.
@morgansforever said: @blitzdude $2.32 is a good price in this climate. My neighbor has an above ground 500 for heat, HW, cooking and a log set and is paying $2.74.
Negotiated cash price plus I own my own tank so we can shop around. Still outrageously high. I couldn't even imagine paying $2.74. Glad we supplement with the wood burner and thank goodness the end of winter is on the horizon.
Sure wish the gas company would come in and drill a well. Few farms on my road get free NG as long as their well keeps producing. I inquired a few years back about running a line up to the house and was quoted just north of $10k for the line. No thanks,
@blitzdude said:
My coworkers are officially panicking over inflation. It's sad but somewhat comical to sit back and watch.
Just got zapped for the 1000 gallon propane tank fill @ $2.32 a gallon. Don't think I've ever paid more than $1.80. Inflation? Perhaps, but more likely price gouging by the parasites running the commodities market.
Even more comical while my gold is up very nicely but it's still nowhere near the level it should be with all the chaos in the "world".
THKS!
Inflation or not, it is still the same $ out of your pocket.
I am glad I bought into our local supplier prebuy last fall at 1.85 gallon, just got filled and have about 200 gals left still to be delivered at that price
BTW- south central PA
Hit the local publix for goodies for the game tomorrow. Lots of BOGO action which was a nice surprise. Baby backs and spare ribs on BOGO at ~$6-7/lb. Last time I stocked the freezer up last year they were ~$3/lb or so. Lots of other stuff too that was priced double but half off, gotta catch the sales but didn't feel like a wash.
Family joke. My wife’s mom during a family conversation referred to Publix’s as Pubics before someone finally corrected her. Even she laughed and she didn’t have the greatest sense of humor.
Russia/Ukraine situation... What are the odds the Fed never hikes, or only hikes 50 basis points or less this year despite inflationary pressures largely from energy price spikes?
@cohodk said:
I remember filling up my 35 gallon RAM dually in CA and having to run my credit card through twice becasue the pump automatically shut off at $125.
Ah, for the good old days of economic shutdown with less traffic, open tables at restraurants and readily available hotel rooms.
yep, all is good until they come for you. lol
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Tv news said rents in my state are seeing 10-20% increases
While rental property owners do face some higher costs, It's a guarantee most are guilty of price gouging. This is one area where the consequences can be devastating and price controls should be implemented to protect those who can least afford to fund the greed.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
@cohodk said:
I remember filling up my 35 gallon RAM dually in CA and having to run my credit card through twice becasue the pump automatically shut off at $125.
Ah, for the good old days of economic shutdown with less traffic, open tables at restraurants and readily available hotel rooms.
@cohodk said:
I remember filling up my 35 gallon RAM dually in CA and having to run my credit card through twice becasue the pump automatically shut off at $125.
Ah, for the good old days of economic shutdown with less traffic, open tables at restraurants and readily available hotel rooms.
Luckily the 36 gallon tank was only half empty because we were unloaded. Pulled a trailer back from ca to Vegas used a full tank. Only $3.50 a gallon here. Had to pick up this precious metal.
Filled my Ram up w/ethanol free yesterday, $3.80 here in our unincorporated side of the ATL burbs. Saw regular the next incorporated city spot up the road for $3.89.
@JimTyler said:
I drive about 2000 miles a year (not a typo) so I’m not letting this get to me.
While I'm happy you don't have to drive a lot, I would bet 90%+ of the food you consume is transported by trucks through the US who do rely on diesel. Same with USPS trucks and amazon contractors who are paid for each package they deliver to your home. If you're attached to the power grid, odds are your local power plants use (in part or whole) natural gas or oil or other commodities that are tied to oil prices. So you may not drive a ton, but I can guarantee your food and energy prices will increase...
Farmers be happy. I wonder if we, the taxpayers, can get back the $30 billion we gave to the farmers to compensate them for failed trades deals? At least now war has forced China to buy US grains.
Tariffs and subsidies---inflation's best friend. Expect your food stuffs to cost more.
Used to pick up a buffalo wings dinner at Walmart deli once in a while.... in a year or so time, price went from 4.95... to 5.95... to 7.00 or so... and now over $8.00! For 6 wings and two choices of side... I'm starting to lose my taste for wings....
Unfortunately, if we think we have seen high food prices up to this point... I think worse is yet to come. Russia exports a lot of the worlds fertilizer around 13% or so, and are now talking stopping all exports of fertilizer. Fertilizer has been already much more expensive due to natural gas needed to produce... and stocks are low. Going to be an expensive year to produce crops... if supplies can even be found.
Lack of sufficient fertilizer will impact multiple aspects of life as we know it. Not only food... but gasohol also. Need cheap grain to produce gasohol.
I guess one can never say never but at this point in my life I cannot foresee ever needing to borrow money again. I'll more than likely be worm food long before anything comes due round here. I have everything I need and well positioned to self-sustain if it ever became necessary. I'm a frugal man and the accounts are Phat. RGDS!
@blitzdude said:
I guess one can never say never but at this point in my life I cannot foresee ever needing to borrow money again. I'll more than likely be worm food long before anything comes due round here. I have everything I need and well positioned to self-sustain if it ever became necessary. I'm a frugal man and the accounts are Phat. RGDS!
good for you. Things are as they should be.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
@JohnnyCache said:
No, I stopped pumping to take the picture, though I only ended up with about 9 or 10 gallons, as I try not to go past a half tank for many reasons.
I’m just the opposite, I keep my tank filled. I go through a tank every month and a half and I know by waiting it’s going to be more. I don’t worry about keeping it full normally
Comments
correct, fixed it.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
So only the $3T in MBS are not shown in the national debt numbers?
emergency rate hike before the next FED meeting? FED's in another pickle. lol
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Limes - $1 each somewhere in CT
MBS are Not part of the national debt numbers…
@derryb said: FED's in another pickle
Even on this sometimes contentious board, I’m guessing there may be a broad consensus on this.
I’d bet against an emergency rate hike, however.
10 for a $ buck last I checked. The Dos Equis on the other hand out of control. Enjoy life my friend. RGDS!
The whole worlds off its rocker, buy Gold™.
Home heating fuel here in the Consumption State, aka CT is up nearly 50% from one year ago, $4 bucks a gallon in a couple weeks. The Buckeye Terminal in Groton is empty and not expecting a tanker till Monday. Burning more wood than usual not because I want to, I have to, pure survival mode for me.
My coworkers are officially panicking over inflation. It's sad but somewhat comical to sit back and watch.
Just got zapped for the 1000 gallon propane tank fill @ $2.32 a gallon. Don't think I've ever paid more than $1.80. Inflation? Perhaps, but more likely price gouging by the parasites running the commodities market.
Even more comical while my gold is up very nicely but it's still nowhere near the level it should be with all the chaos in the "world".
THKS!
The whole worlds off its rocker, buy Gold™.
@blitzdude $2.32 is a good price in this climate. My neighbor has an above ground 500 for heat, HW, cooking and a log set and is paying $2.74.
It's a combination of inflation and greed. People want raises and companies raise prices to cover or we kill them in the stock market. There's no free lunch, and McD paying $18/hour gets passed right through. Take a family of 4 to fast food right now, it will set you back $30+.
Negotiated cash price plus I own my own tank so we can shop around. Still outrageously high. I couldn't even imagine paying $2.74. Glad we supplement with the wood burner and thank goodness the end of winter is on the horizon.
Sure wish the gas company would come in and drill a well. Few farms on my road get free NG as long as their well keeps producing. I inquired a few years back about running a line up to the house and was quoted just north of $10k for the line. No thanks,
The whole worlds off its rocker, buy Gold™.
It was 87 degrees here yesterday in SoCal, almost turned on the AC
Back in the day when I lived in SoCal we didn't even have AC, I don't think our vehicles did either.
The whole worlds off its rocker, buy Gold™.
I turn mine on when it’s 78 I’m in Chicago the humidity kills me.
Inflation or not, it is still the same $ out of your pocket.
I am glad I bought into our local supplier prebuy last fall at 1.85 gallon, just got filled and have about 200 gals left still to be delivered at that price
BTW- south central PA
Successful BST Transactions: erwindoc, VTchaser, moursund, robkool, RelicKING, Herb_T, Meltdown, ElmerFusterpuck
Hit the local publix for goodies for the game tomorrow. Lots of BOGO action which was a nice surprise. Baby backs and spare ribs on BOGO at ~$6-7/lb. Last time I stocked the freezer up last year they were ~$3/lb or so. Lots of other stuff too that was priced double but half off, gotta catch the sales but didn't feel like a wash.
Family joke. My wife’s mom during a family conversation referred to Publix’s as Pubics before someone finally corrected her. Even she laughed and she didn’t have the greatest sense of humor.
Watch what they do and listen not to what they say.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Is It ‘Monetization’ Yet, Dr. Bernanke?
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
https://www.reuters.com/world/europe/german-producer-prices-soar-25-yy-due-energy-costs-2022-02-21/
Knowledge is the enemy of fear
Russia/Ukraine situation... What are the odds the Fed never hikes, or only hikes 50 basis points or less this year despite inflationary pressures largely from energy price spikes?
Food is more expensive
Tv news said rents in my state are seeing 10-20% increases
My Ebay Store
I remember filling up my 35 gallon RAM dually in CA and having to run my credit card through twice becasue the pump automatically shut off at $125.
Ah, for the good old days of economic shutdown with less traffic, open tables at restraurants and readily available hotel rooms.
Knowledge is the enemy of fear
yep, all is good until they come for you. lol
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
While rental property owners do face some higher costs, It's a guarantee most are guilty of price gouging. This is one area where the consequences can be devastating and price controls should be implemented to protect those who can least afford to fund the greed.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
I remember filling up my 26
Who is "they"?
Should i be prepared?
Knowledge is the enemy of fear
Luckily the 36 gallon tank was only half empty because we were unloaded. Pulled a trailer back from ca to Vegas used a full tank. Only $3.50 a gallon here. Had to pick up this precious metal.
My Ebay Store
they hide themselves. Be prepared. lol
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Filled my Ram up w/ethanol free yesterday, $3.80 here in our unincorporated side of the ATL burbs. Saw regular the next incorporated city spot up the road for $3.89.
You mean the Boogeyman?
M80 ball...same price as a year ago. Am i prepared?
Knowledge is the enemy of fear
Spend your entire life living in fear. What a disappointing way to waste the gift of life. ENJY!
The whole worlds off its rocker, buy Gold™.
I drive about 2000 miles a year (not a typo) so I’m not letting this get to me.
While I'm happy you don't have to drive a lot, I would bet 90%+ of the food you consume is transported by trucks through the US who do rely on diesel. Same with USPS trucks and amazon contractors who are paid for each package they deliver to your home. If you're attached to the power grid, odds are your local power plants use (in part or whole) natural gas or oil or other commodities that are tied to oil prices. So you may not drive a ton, but I can guarantee your food and energy prices will increase...
Natural gas has its own natural gas futures market
It is not tied to oil
Powell Kills March 50bps Rate Hike, But Leave Door Open For Later In 2022
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Farmers be happy. I wonder if we, the taxpayers, can get back the $30 billion we gave to the farmers to compensate them for failed trades deals? At least now war has forced China to buy US grains.
Tariffs and subsidies---inflation's best friend. Expect your food stuffs to cost more.
Knowledge is the enemy of fear
Used to pick up a buffalo wings dinner at Walmart deli once in a while.... in a year or so time, price went from 4.95... to 5.95... to 7.00 or so... and now over $8.00! For 6 wings and two choices of side... I'm starting to lose my taste for wings....
Unfortunately, if we think we have seen high food prices up to this point... I think worse is yet to come. Russia exports a lot of the worlds fertilizer around 13% or so, and are now talking stopping all exports of fertilizer. Fertilizer has been already much more expensive due to natural gas needed to produce... and stocks are low. Going to be an expensive year to produce crops... if supplies can even be found.
Lack of sufficient fertilizer will impact multiple aspects of life as we know it. Not only food... but gasohol also. Need cheap grain to produce gasohol.
Welcome to the New World Order.
Welcome to easy money if you were paying attention and positioning yourself accordingly. Sleeping like a baby. RGDS!
The whole worlds off its rocker, buy Gold™.
My turn to troll: Whatcha gonna do when that easy money comes due, borrow more?
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
I guess one can never say never but at this point in my life I cannot foresee ever needing to borrow money again. I'll more than likely be worm food long before anything comes due round here. I have everything I need and well positioned to self-sustain if it ever became necessary. I'm a frugal man and the accounts are Phat. RGDS!
The whole worlds off its rocker, buy Gold™.
good for you. Things are as they should be.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Charles III Album
Charles III Portrait Set
Charles IV Album
Charles IV Portrait Set
Only needed 4 gallons. You driving a moped ?
No, I stopped pumping to take the picture, though I only ended up with about 9 or 10 gallons, as I try not to go past a half tank for many reasons.
Charles III Album
Charles III Portrait Set
Charles IV Album
Charles IV Portrait Set
I’m just the opposite, I keep my tank filled. I go through a tank every month and a half and I know by waiting it’s going to be more. I don’t worry about keeping it full normally
23c spike in gasoline futures tonight. Luckily oil is in backwardation so the collapse will be just as spectacular as the rally.
Knowledge is the enemy of fear