Tractor Talk Discussion Board |
Re: This winter's fuel prices
[ Expand ] [ View Follow Ups ] [ Post Followup ] [ Return to Forum ]
Posted by sloroll on June 03, 2005 at 15:40:29 from (69.66.43.59):
In Reply to: This winter's fuel prices posted by Mark - IN. on June 03, 2005 at 15:24:04:
If when selling fuel you follow the prices of crude you will lose money. IF I bought a unit last week at $5.00 sell for $6.00 I MADE A DOLLAR!! YEAH! Now I see, I didn't raise my price of gas as crude rose and I have to buy at $6.50... Ohhh! I didn't make a dollar I lost 50c!! How long can that happen? That is why the fuel prices rise as fast as crude. Since supply is tight one must speculate at the rate at which fuel will rise for you too. If it looks like crude will spike the gas at the pump may go up slightly faster than the initial crude price. Because of Supply Demand economics when the crude drops the persons with the fastest turn over will drop prices fastest. If you are a slower seller you will be stuck with higher price fuel. You can do one of two things; eat the loss or continue selling your product at a high rate and lose customers. This is simplified but basicly an answer to your issue.
Follow Ups:
Home
| Forums
Today's Featured Article -
Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
Copyright © 1997-2024 Yesterday's Tractor Co. All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|