M
I wouldn't be shocked if we see a dead cat bounce. I don't think stability sets in until November or December, but when it does it will likely settle in at a price about 25% higher than historical "normal" levels.
Missed it by 2%Lumber prices are rising again—fast | Fortune
Since bottoming out in August, the wholesale price of lumber has swung back up 27%, according to data provided by Fastmarkets' Random Lengths to Fortune. Here's why.fortune.com
They're giving 2x4s away here, bruv.Missed it by 2%
I'm slipping. ?
0.4%.Oh man I wonder Wut da consumer price index do baybeeee
@Hauler you gotta look at the bigger picture here man....One of his first orders...
Biden administration pauses federal drilling program in climate push
U.S. President Joe Biden's administration has temporarily suspended oil and gas permitting on federal lands and waters in the latest of a series of rapid-fire orders aimed at fighting climate change and tamping down the U.S. fossil fuel industry.www.reuters.com
"With this move, the administration is leading us toward more reliance on foreign energy"
And now...
Analysis: Gas prices are at 7-year highs, and Biden can't do much about it
Americans are feeling pain at the pump -- and there's little the White House can do to shield them from it.www.google.com
He cuts our own production to satisfy the tree-huggers and destroys what little energy independence we had. Then goes to OPEC+ and begs them to produce more oil which would lower the price. Predictably, they told him to fuck off.
You can't make this shit up.
Absolutely moronic policies.
And it's only going to get worse.
View attachment 49688
Yes you did, you fucking moron.
I know.
He stopped issuing new permits. That's a wise move for anyone who likes using the out of doors.One of his first orders...
Biden administration pauses federal drilling program in climate push
U.S. President Joe Biden's administration has temporarily suspended oil and gas permitting on federal lands and waters in the latest of a series of rapid-fire orders aimed at fighting climate change and tamping down the U.S. fossil fuel industry.www.reuters.com
"With this move, the administration is leading us toward more reliance on foreign energy"
And now...
Analysis: Gas prices are at 7-year highs, and Biden can't do much about it
Americans are feeling pain at the pump -- and there's little the White House can do to shield them from it.www.google.com
He cuts our own production to satisfy the tree-huggers and destroys what little energy independence we had. Then goes to OPEC+ and begs them to produce more oil which would lower the price. Predictably, they told him to fuck off.
You can't make this shit up.
Absolutely moronic policies.
And it's only going to get worse.
View attachment 49688
Yes you did, you fucking moron.
He all but ceased production here.He stopped issuing new permits. That's a wise move for anyone who likes using the out of doors.
Sir. Public lands are more important than cheap gas.He all but ceased production here.
And is now demanding OPEC+ to increase their production over there to make up for the shortage he created.
He's talking out of both sides of his mouth. There's only 1 globe.
Freedom from fossil fuels is the future. We aren't there yet.
He didn't lower emmissions with this policy. He only increased our reliance on foreign entities and removed any cost control we had.
We'll see how bad it gets. Oil is at $85/bbl.
The public lands I'm talking about are already tapped.Sir. Public lands are more important than cheap gas.
No, they aren't. They're existing is what they do.The public lands I'm talking about are already tapped.
Now they are just sitting idle.
Why FedEx Stock Is Down By 8% Today
The stock is trying to settle below the $230 level.www.google.com
FedEx stock has been getting hammered due to margin erosion. At the heart of this is higher wage rates due to the labor supply crunch.
To assure these losses don't continue, they announced increases of roughly 6% to 8% on deliveries.
Hmm.
Higher wages = Higher Prices ???
This is my shocked face:
FYI - UPS announces earnings on 10/26