OT fuel prices and the economy

> If the prices stay up, more people will turn to the Fed for
> handouts, so that they can get welfare, etc. The Fed will
> love being in better control over the people. That's the
> dirty little secret.
> --
> Christopher A. Young
> Learn more about Jesus
> www.lds.org
> .

> Please forward this on to anybody and everybody that you think might be able
> to make a difference. BTW.. for those who don't think what I wrote is true,
> check your balance sheets over the last couple of years and look for the
> pattern.
>
> JSN
>
>
>
> The country doesn't run on Wall Street or government.. It runs on all of the
> micro economies across the country. I'm not talking about the big
> metropolises; I am talking about all of the areas across the country that
> are similar to the Mississippi pine belt. These micro economies are very
> fragile and can be easily upset by as little as a 25 cent increase in the
> price of fuels.
>
> A personal observation if you will.. Mid June 2008 when the price of oil and
> fuels peaked, there were almost no vehicles on the road, and nobody in the
> stores. They had no money to spend..it was all going to fuel their vehicles
> so they could get back and forth to work. Within a week or so after the
> price of fuels dropped in the fall, there was traffic on the roads again,
> and people were in the stores spending money again, because every dime
> didn't
> have to go in the gas tank.
>
>
>
> Fast forward to February 2009.. People had gotten some "breathing room" in
> their finances, and were getting caught up so they had more money to
> spend..This is what was stimulating the local economy. People were on the
> roads and in the stores because they had disposable income again. Now in
> the last month, the price of gasoline has come real close to doubling again
> because the speculators have seen the national economy start to rebound, and
> the price of oil and fuels have jumped by leaps and bounds again. Plain old
> working folks can't afford to take vacations, and are having a hard time
> making ends meet again.. All because of the increased price of fuels.
>
> Now in May 2009, fuel prices are on the rise again, traffic on the roads is
> disappearing again, money flow has all but come to a screeching halt again,
> and retail businesses are already feeling it in reduced revenue. This is
> just the beginning. the trickledown effect is that there is a reduced
> demand for goods and services, retailers and manufacturers will have to lay
> off even more people, or close. The costs for transporting products and
> materials will rise even more.
>
> If the economy is to truly rebound and recover, the price gouging by big oil
> and speculators MUST stop, the refineries must be brought back up to
> normal production levels again as well as opening back up all the platforms
> and production facilities. As I recall, the refineries have cut their
> production capacity down by 80% or more, as well as shutting down enough
> platforms and facilities to have to lay off thousands of workers.. All for
> the purpose of artificially increasing the price of oil and fuels.
>
> Here's a news flash. there is no more "travel season" because people can't
> afford it. People don't have the disposable income to spend. If the oil
> companies want to make more money, they can increase production, to lower
> the price of gasoline and fuels to where they *should* be, and keep it that
> way. For that matter, instead of raising the price of fuels in summer, the
> prices need to drop so people can afford to take their vacations, and can
> afford to travel, and be able to spend more money.
>
> Want to raise gas and fuel prices?? Just remember that to raise gasoline and
> fuel prices comes at a great cost , and not just to the oil companies
> profits.. It will do more to destroy the entire country and the national
> economy, and is counterproductive to making money flow and "stimulating" the
> economy than anything else.

>
>

> Please forward this on to anybody and everybody that you think might
> be able to make a difference. BTW.. for those who don't think what I
> wrote is true, check your balance sheets over the last couple of
> years and look for the pattern.
> JSN
> The country doesn't run on Wall Street or government.. It runs on all
> of the micro economies across the country. I'm not talking about the
> big metropolises; I am talking about all of the areas across the
> country that are similar to the Mississippi pine belt. These micro
> economies are very fragile and can be easily upset by as little as a
> 25 cent increase in the price of fuels.
> A personal observation if you will.. Mid June 2008 when the price of
> oil and fuels peaked, there were almost no vehicles on the road, and
> nobody in the stores. They had no money to spend..it was all going to
> fuel their vehicles so they could get back and forth to work. Within
> a week or so after the price of fuels dropped in the fall, there was
> traffic on the roads again, and people were in the stores spending
> money again, because every dime didn't
> have to go in the gas tank.
> Fast forward to February 2009.. People had gotten some "breathing
> room" in their finances, and were getting caught up so they had more
> money to spend..This is what was stimulating the local economy. People
> were on the roads and in the stores because they had
> disposable income again. Now in the last month, the price of
> gasoline has come real close to doubling again because the
> speculators have seen the national economy start to rebound, and the
> price of oil and fuels have jumped by leaps and bounds again. Plain
> old working folks can't afford to take vacations, and are having a
> hard time making ends meet again.. All because of the increased price
> of fuels.
> Now in May 2009, fuel prices are on the rise again, traffic on the
> roads is disappearing again, money flow has all but come to a
> screeching halt again, and retail businesses are already feeling it
> in reduced revenue. This is just the beginning. the trickledown effect is
> that there is a reduced demand for goods and services,
> retailers and manufacturers will have to lay off even more people, or
> close. The costs for transporting products and materials will rise
> even more.
> If the economy is to truly rebound and recover, the price gouging by
> big oil and speculators MUST stop, the refineries must be brought
> back up to normal production levels again as well as opening back up
> all the platforms and production facilities. As I recall, the
> refineries have cut their production capacity down by 80% or more, as
> well as shutting down enough platforms and facilities to have to lay
> off thousands of workers.. All for the purpose of artificially
> increasing the price of oil and fuels.
> Here's a news flash. there is no more "travel season" because people
> can't afford it. People don't have the disposable income to spend. If
> the oil companies want to make more money, they can increase
> production, to lower the price of gasoline and fuels to where they
> *should* be, and keep it that way. For that matter, instead of
> raising the price of fuels in summer, the prices need to drop so
> people can afford to take their vacations, and can afford to travel,
> and be able to spend more money.
> Want to raise gas and fuel prices?? Just remember that to raise
> gasoline and fuel prices comes at a great cost , and not just to the
> oil companies profits.. It will do more to destroy the entire country
> and the national economy, and is counterproductive to making money
> flow and "stimulating" the economy than anything else.
> --
> Steve @ Noon-Air Heating & A/C
> Noon-Air@comcast.net
> Do not meddle in the affairs of dragons because, to them,
> you are crunchy and taste good with ketchup.