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<blockquote data-quote="Traxion" data-source="post: 496948" data-attributes="member: 983"><p>Can you imagine what it feels like to be an OTR guy and fill 250-300 gal. in one shot? Or facing up against harvest, running a couple combines, cart, and several trucks? The math is just punishing, particularly if you didn't contract a bunch of fuel before this mess. Gotta feel for the folks who are watching profit go away by the gallon, literally. </p><p></p><p>Our freight rates keep inching up, which they need to given prices. It filters to everything we buy. I just saw a chart today that showed almost perfect correlation to the CPI and oil prices. It is an ugly, ugly deal right now. Inflation running rampant, bond rate will crack 5% tomorrow I would guess. But no way to cut rates right now. The Fed is trying to shove policy down the throats of those who are standing on fundamentals. Bessent is likely going to find out who runs the show (and it isn't him like he thinks). Our government is pushing inflationary policies yet are unhappy that there is inflation that their monetary policy can't handle. I feel like it's getting real close to F around and find out time that will come at the cost of the US consumers.</p></blockquote><p></p>
[QUOTE="Traxion, post: 496948, member: 983"] Can you imagine what it feels like to be an OTR guy and fill 250-300 gal. in one shot? Or facing up against harvest, running a couple combines, cart, and several trucks? The math is just punishing, particularly if you didn't contract a bunch of fuel before this mess. Gotta feel for the folks who are watching profit go away by the gallon, literally. Our freight rates keep inching up, which they need to given prices. It filters to everything we buy. I just saw a chart today that showed almost perfect correlation to the CPI and oil prices. It is an ugly, ugly deal right now. Inflation running rampant, bond rate will crack 5% tomorrow I would guess. But no way to cut rates right now. The Fed is trying to shove policy down the throats of those who are standing on fundamentals. Bessent is likely going to find out who runs the show (and it isn't him like he thinks). Our government is pushing inflationary policies yet are unhappy that there is inflation that their monetary policy can't handle. I feel like it's getting real close to F around and find out time that will come at the cost of the US consumers. [/QUOTE]
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