Thoughts on the Cost of RVing
In the process of planning a trip next summer out to Glacier NP, Yellowstone and all the NPs in Utah. About 3800 miles, round trip, and at least 30 nights. So, I just read an article in Barrons predi...
Forum Discussion
Trying to stay non-political.
As I understand it, there will likely be a decrease or elimination of subsidies paid to the oil industry. While I don't really understand the eventual impact of reducing or eliminating these subsidies, I do know that generally speaking, when any business has an increase in operating costs, and subsequently a reduction in profit, the tendency is to pass those costs on to the consumer.
Add to that, the likelihood that corporate taxes will increase, and one can easily see where the cost of the goods impacted by these increases will themselves, increase.
So, while I do agree, supply and demand is a driver, and in my opinion, the biggest driver, I don't believe we can ignore the impact of increase COGS (Cost of Goods Sold) will have.
Mike
As I understand it, there will likely be a decrease or elimination of subsidies paid to the oil industry. While I don't really understand the eventual impact of reducing or eliminating these subsidies, I do know that generally speaking, when any business has an increase in operating costs, and subsequently a reduction in profit, the tendency is to pass those costs on to the consumer.
Add to that, the likelihood that corporate taxes will increase, and one can easily see where the cost of the goods impacted by these increases will themselves, increase.
So, while I do agree, supply and demand is a driver, and in my opinion, the biggest driver, I don't believe we can ignore the impact of increase COGS (Cost of Goods Sold) will have.
Mike
