The Evil Genius Posted March 22, 2022 Share Posted March 22, 2022 I get that there might be more state taxes and added costs due to refining, but the current prices definitely don't reflect reality, imo. 1 Link to comment Share on other sites More sharing options...
Mooka Posted March 22, 2022 Share Posted March 22, 2022 Patrice on gas prices. Link to comment Share on other sites More sharing options...
Cooked Crack Posted March 22, 2022 Share Posted March 22, 2022 Link to comment Share on other sites More sharing options...
Renegade7 Posted March 23, 2022 Share Posted March 23, 2022 1 3 Link to comment Share on other sites More sharing options...
Renegade7 Posted March 24, 2022 Share Posted March 24, 2022 🤔 5 Link to comment Share on other sites More sharing options...
EmirOfShmo Posted March 24, 2022 Share Posted March 24, 2022 New jobless claims fall to 187,000, setting more than five-decade low U.S. jobless claims set a more than 50-year low last week as the red-hot labor market shows few signs of cooling in the near-term. The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended March 19: 187,000 vs. 210,000 expected and a revised 215,000 during prior week Continuing claims, week ended March 12: 1.350 million vs. 1.400 million expected and a revised 1.417 million during prior week At 187,000, new jobless claims improved for a back-to-back week and reached the lowest level since September 1969. Continuing claims also fell further to reach 1.35 million — the least since January 1970. https://finance.yahoo.com/news/weekly-jobless-claims-week-ended-march-19-2022-183206198.html Link to comment Share on other sites More sharing options...
TradeTheBeal! Posted March 24, 2022 Share Posted March 24, 2022 The Executive Director of Operations kinda put himself out there on this one. 1 Link to comment Share on other sites More sharing options...
CousinsCowgirl84 Posted March 24, 2022 Share Posted March 24, 2022 The letter doesn’t even make sense… Link to comment Share on other sites More sharing options...
skinsmarydu Posted March 24, 2022 Share Posted March 24, 2022 What it proves is that he knows absolutely nothing about operations and is leading the wrong division. I don't know where he needs to be (maybe at the host stand, so he can understand both his clientele and his employees). <biggest ****ing eyeroll ever> 1 Link to comment Share on other sites More sharing options...
China Posted March 25, 2022 Share Posted March 25, 2022 1 hour ago, TradeTheBeal! said: The Executive Director of Operations kinda put himself out there on this one. An email urging lower wages for new employees due to higher gas prices sparks walkout at Lawrence Applebee’s Rising gasoline prices are causing all types of problems for businesses, but Lawrence’s lone Applebee’s restaurant faced a new one this week. The restaurant on south Iowa Street was closed for large parts of Tuesday because of high gasoline prices, but perhaps not for the reasons you would think. Multiple employees of the chain quit after seeing an email from a regional manager urging the restaurant to begin hiring employees at lower wages, under the theory that people are becoming more desperate to take a job as fuel prices increase. “Everyone has heard that gas prices continue to rise,” read an email that came from the account of Wayne Pankratz, executive director of operations for Applebee’s franchisee Apple Central LLC. “The advantage this has for us is that it will increase application flow and has the potential to lower our average wage. How you ask? “Most of our employee base and potential employee base live paycheck to paycheck. Any increase in gas price cuts into their disposable income. As inflation continues to climb and gas prices continue to go up, that means more hours employees will need to work to maintain their current level of living.” When Jake Holcomb, one of several managers at the Lawrence restaurant, ended up seeing the email on Monday, it upset him enough that he made copies of the email and distributed them to several employees of the restaurant. When opening time arrived on Tuesday, the manager who was scheduled to open the restaurant at 2520 Iowa St. declined to open the restaurant after reading the emails. She has since quit over the email. Holcomb has too. In total, Holcomb said three of the six managers at the restaurant quit in protest of the email. Click on the link for the full article 2 Link to comment Share on other sites More sharing options...
EmirOfShmo Posted March 25, 2022 Share Posted March 25, 2022 ^^Applebees is adding drive-thru windows. Another fast food crappy place to get mass produced, nuked food. **** 'em Link to comment Share on other sites More sharing options...
NoCalMike Posted March 25, 2022 Share Posted March 25, 2022 Applebees/Chili's/Friday's etc etc.....have become glorified turn & burn fast food operations over the last decade anyway. Overpriced mediocre product. 2 1 Link to comment Share on other sites More sharing options...
TheGreatBuzz Posted March 25, 2022 Share Posted March 25, 2022 I don’t know what exactly needs to be done but something does. This **** just isn’t right. Quote As the public shells out for sky-high gas prices at the pump, major oil and gas company executives have been raking in cash as their company stocks soar, a new report finds. https://truthout.org/articles/fossil-fuel-ceos-have-seen-their-stocks-soar-nearly-100-million-since-january/ 1 Link to comment Share on other sites More sharing options...
Fergasun Posted March 25, 2022 Share Posted March 25, 2022 Call me a commie, but we never have really explained why companies should make a profit on things that are basic necessities. Health care, education, housing, banking. At some point if those "industries" exist to simply make a profit at the expense of the American people, there's something wrong with our economic model. What innovations do we have in the oil industry in the past 20 years? Fracking? And how come there are no "value companies" that say -- we will tske over these markets by not screwing over the American people. Sorry -- just a rant about the top 5% of this country and how they are hell bent on screwing the bottom 95%. We get sold by political leaders that our "free market economy" makes us the best country in the world, but many of the companies we depend on for necessities like health care, energy, education (just cut off college sports), housing are pure rent seeking exploitation by the "haves" over the "have nots". No one truly cares about the little guys anymore. 1 Link to comment Share on other sites More sharing options...
The Evil Genius Posted March 25, 2022 Share Posted March 25, 2022 Paid $5.49 this morning..for regular..at Costco. Link to comment Share on other sites More sharing options...
TheGreatBuzz Posted March 25, 2022 Share Posted March 25, 2022 41 minutes ago, The Evil Genius said: Paid $5.49 this morning..for regular..at Costco. Diesel was $4.99 a week or so ago. Since the price of oil went down, I was waiting for that to trickle down to the pumps. This morning, it’s $5.19 1 Link to comment Share on other sites More sharing options...
Hersh Posted March 25, 2022 Share Posted March 25, 2022 3 minutes ago, The Almighty Buzz said: Diesel was $4.99 a week or so ago. Since the price of oil went down, I was waiting for that to trickle down to the pumps. This morning, it’s $5.19 I can't wait until the Oil companies announce record profits. 1 Link to comment Share on other sites More sharing options...
EmirOfShmo Posted March 25, 2022 Share Posted March 25, 2022 (edited) Seems it's the investors keeping the prices up...maybe. Oil And Gas Executives Say It's Not Joe Biden Holding Back Domestic Production The top reason domestic energy production hasn’t ramped up isn’t Joe Biden’s green energy agenda, according to oil company executives. Instead, it’s a lack of enthusiasm from investors. A majority of oil and gas executives surveyed by the Federal Reserve Bank of Dallas this month pointed to pressure from investors as the top obstacle to growth. Less than 10% blamed government regulation. “We are maintaining discipline in capital spending to maintain great internal rates of return,” said one executive at an unnamed exploration and production firm, referring to profits from earlier investments. ... Republicans, including some of Congress’ largest recipients of oil and gas donations, have swarmed to defend the industry, falsely accusing Biden of “destroying” America’s energy industry and demanding the president “unleash” domestic oil and gas. On Wednesday, they once again condemned the administration’s pause on new federal leasing and permitting and Biden’s early decision to rescind a key permit for the controversial Keystone XL pipeline. But when asked at a congressional hearing this month about the impact of Biden’s leasing pause, Colette Hirstius, senior vice president of oil giant Shell, said, “I do not think that not having lease sales has raised the costs to consumers.” Biden’s critics have ignored the fact that Wall Street investors are pressuring U.S. drillers to limit production amid record prices. More than half — 59% — of the 139 executives surveyed by the Dallas Fed listed investor pressure as the primary reason producers are keeping production down. https://news.yahoo.com/oil-gas-executives-not-joe-204337317.html Edited March 25, 2022 by EmirOfShmo Link to comment Share on other sites More sharing options...
The Evil Genius Posted March 25, 2022 Share Posted March 25, 2022 (edited) Not sure if it's been mentioned but the CA governor is proposing to send $400 gas cards to every car owner in the State (max 2 per person/household). If approved, earliest it will happen is July. It's not a political stunt since he's likely a shoe in for reelection, but considering how high prices are right now, it's a nice move. Especially with the record surplus the State is sitting on. Edited March 25, 2022 by The Evil Genius 1 Link to comment Share on other sites More sharing options...
NoCalMike Posted March 25, 2022 Share Posted March 25, 2022 5 minutes ago, The Evil Genius said: Not sure if it's been mentioned but the CA governor is proposing to send $400 gas cards to every car owner in the State (max 2 per person/household). If approved, earliest it will happen is July. It's not a political stunt since he's likely a shoe in for reelection, but considering how high prices are right now, it's a nice move. Especially with the record surplus the State is sitting on. Was just going to post that here. Newsom isn't without his faults, but I know the state was running a surplus at some point during Newsom's term and he said he would look for ways to re-invest that into the people. Good thing he didn't go full HAM right away and left plenty of funding around for these kinds of situations as opposed to say handing out another tax cut to the wealthy. Link to comment Share on other sites More sharing options...
The Evil Genius Posted March 25, 2022 Share Posted March 25, 2022 1 minute ago, NoCalMike said: Was just going to post that here. Newsom isn't without his faults, but I know the state was running a surplus at some point during Newsom's term and he said he would look for ways to re-invest that into the people. Good thing he didn't go full HAM right away and left plenty of funding around for these kinds of situations as opposed to say handing out another tax cut to the wealthy. I beleive he's also talking about suspending the gas tax increase (it increases by a percentage every year from I can tell). Link to comment Share on other sites More sharing options...
LD0506 Posted March 25, 2022 Share Posted March 25, 2022 3.89 for reg this morning in Delawhere? Link to comment Share on other sites More sharing options...
TheGreatBuzz Posted March 26, 2022 Share Posted March 26, 2022 8 hours ago, The Evil Genius said: Not sure if it's been mentioned but the CA governor is proposing to send $400 gas cards to every car owner in the State (max 2 per person/household). If approved, earliest it will happen is July. It's not a political stunt since he's likely a shoe in for reelection, but considering how high prices are right now, it's a nice move. Especially with the record surplus the State is sitting on. So instead of addressing the oil company price gouging, they are going to use tax dollars and let them pass through the citizens hands for a moment before sending them right to the oil companies that are screwing us? 2 1 Link to comment Share on other sites More sharing options...
Renegade7 Posted March 26, 2022 Share Posted March 26, 2022 8 hours ago, Hersh said: I can't wait until the Oil companies announce record profits. I would love if someone checked the temperature in this country on nationalizing one or more of them. Link to comment Share on other sites More sharing options...
LD0506 Posted March 26, 2022 Share Posted March 26, 2022 1 Link to comment Share on other sites More sharing options...
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