fuel prices

[luvrbus]

Target reported same store sales were up for the quarter so spending was still holding up as of last quarter.  The headlines were all about Target's profits being down for the quarter due to higher costs, but barely any mention that sales still increased.

I just read something the other day that dealers of ATVs, UTVs, and other similar toys are begging manufacturers for more inventory as they can sell everything they can get.

Target stock is down 30% so their profits must be way down,for that drop in value they missed the profit estimate a lot and Wall Street didn't care for the report much 

[chessie4905]

also rotation to other stocks by big funds causes major corrections in various stocks. with the algorithms from their computers, hard for little guy to make any money in the market.. Stocks often drop even after good earnings or dividend payouts. You need to spend all your days closely watching markets. Doesn't  leave much time to drive the coach.

[luvrbus]

Price of fuel is not looking good for June they say we will jump 20 cents a liter for diesel that is almost 80 cents a gal , oil may reach the $150.00 mark soon.The nut case heading the circus in DC really doesn't care because taxpayers foot his fuel bill ,hang on we are in for the ride of our life 

[chessie4905]

this will help their plan to push the country to electric. Damn the torpedoes, full speed ahead.
Saw $4.99 at one station in upper Minnesota. Mostly $5.19 to $5.29.

[Nova Eona]

Oil and gas prices are up worldwide, it's amazing how Biden is even able to manipulate foreign markets

[richard5933]

Oil and gas prices are up worldwide, it's amazing how Biden is even able to manipulate foreign markets

Guess it's a positive that people think he's so powerful.

[luvrbus]

We have prices in CA that are higher than some countries in Europe,Biden powerful you are joking he is just dumb 

[richard5933]

We have prices in CA that are higher than some countries in Europe,Biden powerful you are joking he is just dumb

I only brought it up since there are some people who hold that he's responsible for the increase in fuel prices around the globe. Gotta be pretty powerful to accomplish that.

[chessie4905]

And there are many people believe that he isn't  responsible for ANY of our problems. Same for Obama, Clinton, Carter, etc. Looks like a pattern to me.

[luvrbus]

And there are many people believe that he isn't  responsible for ANY of our problems. Same for Obama, Clinton, Carter, etc. Looks like a pattern to me.

Anybody that says we are better off today than we were 2 years won the lottery or is a  lying @$#. A life long friend democrat was touting the 7% raise in S/S Biden gave he got his bubble popped when I showed him how much Medicare raised the deductible on Medicare part A and B ,$1555.26 deductible now on part A and $233.00 on part B, hell the 7% cost me the loser can have his 7%     

[Nova Eona]

We have prices in CA that are higher than some countries in Europe,Biden powerful you are joking he is just dumb

Some countries in Europe, you say?  Not all of them?  Like, as in Europe is also dealing with unusually high gas prices?  Weird.  Really my heart goes out to the oil companies, between these New World Order policies and rampant supply shortages they're probably barely making a profit at all.

[richard5933]

We're not going to convince each other who's the better politician. There's no point in even trying. I'm not trying to have a political discussion about the merits of any particular politician.

Just like every president, the current one is limited in his ability to affect these issues, especially when the entire global economy is tanking due to things like the Russian invasion of Ukraine, China shutting down due to its inability to manage Covid, etc, etc.

We can dicker all day about the foibles of whoever is in office, but it won't change things that affect us which come from outside our borders.

[luvrbus]

Why do we need to import oil ? fuel prices are not high in South America in Venezuela fuel is cheaper than toilet paper

[Dave5Cs]

Well they have oil are communists and their people have little or no food. And they are at our boarder try to escape so it is good their oil is cheap.

[luvrbus]

Well they have oil are communists and their people have little or no food. And they are at our boarder try to escape so it is good their oil is cheap.

Venezuela still owns 2 Citgo refineries 1 in Texas and 1 in Lake Charles LA and offices in Houston,both still refine and export even with their profits frozen by the US.I am sure the deal Biden is making with Venezuela includes releasing those funds.As domb as he is and controls all 3 branches he may go back and let Venezuela sell the refineries to Russia who knows what he will do next