I filled up the Benz for $4.33/gal on Sunday. Not bad compared to what people pay in other countries. That car is now in the shop for some front end work for which I don't have the right spring compressor. I'm now driving the Jaguar and I've seen premium break $5/gal at some stations. I'm looking forward to when it gets warmer and I can ride my Triumph that gets 45 mpg on regular.

 

You should come to the UK !! - so yeh not so bad. Even if my big cat was on the road it wouldn't be, costs here for energy in general, food and fuel have passed the point where I can afford the luxury so my big cat is grounded indefinitely - both of them in fact - they're extravagances I can no longer afford

 

Ditto; just a few miles each month to keep the systems in order.

 

Fuel prices going mad in UK over last few days and expected to get worse thanks to Mr. P.

Some garages here recorded today with prices for premium unleaded at £8.35 per UK gallon = US$10.97, which I think is about US$9.14 per US gallon!!

Maybe it's time to get my old Triumph Bonneville out of the garage!

Paul

 

We pay in the Netherlands $10.50 per US gallon (€2,50 per liter)

 

And climbing…

 

Here in Mexico we are paying about $1 usd/lt ($3.75/gal usd). Some might think this is good, but at the end subsidies of this magnitude will bite in the long run...

 

I'm a construction contractor here in the USA. I just bought a pound of electrogalvanized 3 inch screws that cost me $ 11.00 two years ago I was bitching because they were $ 4.00 per pound. Unbelievable !

 

Those price hikes are not just limited to people in the USA…in the global economy every country feels the post-COVID supply chain issues.

Technology has made things such that most every business went to an on-demand inventory model. I too am in the construction industry. Remember when you could go and buy off-the-shelf materials? Most people don’t. Getting everything back to that kind of efficiency will take time. Businesses were no longer set up to hold on to inventory waiting for buyers.

Just like you plan ahead, so do the manufacturers. They won’t make a million widgets if they’re not even sure there will be a buyer for a thousand. Hence the position we’re all in.

Im very interested to see how this changes the worldwide business model. It may never go back to the way it was. Maybe this will have businesses reconsider fabricating parts in remote parts of the world and rely on shipping ports to move products around. This may have positive consequences of localizing production of materials from remote countries to more local areas!