Friday, July 22, 2022

How does the price of diesel effect our diesel crowd - DIESEL Motorsports!

 EVERYONE wants to know about the price of diesel fuel across the country and how does it effect us? 

Just like the rest of inflation it passes it on to other products, services and entertainment dollars. It shorts all of us in one way or another because generally the price of our wages have not risen that sharply in order to keep up with rising prices.

Everyone feels it in their pocketbooks from the lowest to the highest wage earners, so where do we feel it first?

At the fuel pumps every time we stop to fill back up whether it's your diesel pickup or your car. We stand there watching the numbers click by and are in shock when they stop for a full tank. From two years ago I know my old 12v Dodge went from $60 to now $160 for a 35 gallon tank. More than double from two years ago so I know my wages have not doubled.

So like everyone else, I look where to cut elsewhere on the budget! Do I not go out to eat as much, travel as much, and/or spend less at the stores! I try an anticipate what is coming next in order to plan for it. Some store items have more than doubled while others have risen 3-5% so where do they get the 8% inflation rate? I know they think we are dumb, but we are not and most have had simple math.

Our poor trucking companies are getting squeezed on driving and delivery of products. What they priced last week may have gone up this week. Normally it ALL gets passed on to consumers through price increases. Like everyone else then the stores and /or services have to raise their prices.

Does it effect our events, yes it does, but we went through this in 2008. We rely on local shops and businesses to send their customer's trucks to our events. We do more localized events so people don't have to travel as far and use so much fuel to come to the events.

Travel to and from work makes it tougher for all segments of work, farming, construction, shipping and automotive repairs. Again, it cuts into our discretionary income for when we want to relax and forget about the work week. After being closed up for 2-3 years because of Covid it makes it even more unbearable for the working class.

So what do we do? For many young people who have not been through tough times it is a first. For those of us who are older we can give some insight on how to handle the situation a bit better. But make no mistake it is not easy and yes, it does get better.

Series one - I will continue as to how to adjust some posts may be little some may be long. Some of the suggestions may seem simple to many of you but if you have never experienced the current atmosphere it may be new so take what you can and leave what don't agree.



No comments:

Post a Comment