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Sylvain wrote:
it's funny how fast these tanks get emptied and promptly replaced with new priced fuel when the prices are going *up*... any business (that plans on staying in business) is going to be more sensitive to rising prices on a comodity that he must keep stocked. If you don't plan sifficiently to cover replacment cost you may not have enough money to pay for the next tanker load. This didn;t used to be such a problem in the days when prices went up a few cents here and there. But when prices can end up being .50, .80 or even 1.00 per gallon higher in a month or two (like last year) your next tanker load might cost you $8000.00 more than the last one and you better have the money to pay for it Prices at the pump will start going down a lot when retailers feel they aren't gonna get hit bad by the next spike. |
#2
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It is a Milton Friedman stated principal that for a commodity in a
capitalistic system, price will to follow replacement cost. This means going up - and going down. |
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