Why Gasoline Prices Change

  

                   

Gasoline prices are set within OPEC supply controls which adjust to demand. They also are affected by the value of the U.S. dollar, because they’re priced in dollars.

                   

Gas stations actually have little to do with pricing. Stations earn an average between 10 and 15 cents on a gallon. When prices climb, gas stations see their profit margins shrink. In order to remain competitive; they then must earn less per gallon.Their credit card fees are about 2 1⁄2% of all purchases, a significant factor affecting their margins.

                   

Furthermore, gasoline prices go up faster than they go down. That is the way supply and demand normally influence wholesale and retail gas pricing. Yet gas station operators usually are unfortunately blamed when high gas prices occur. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Political Climate Change

                                                   

The Left would prefer that there be restrictions on industry under the premise of climate change and its control, despite apparent scientific doubts and the uncovering of a scientific hoax. There has been little, if any, real climate change in over fifteen years.

                   

How much has the left’s position to do with actual climate and how much with the in-gathering of taxes, with which to implement big-government purposes?

The main goal of the Left is always to control government, to accomplish whatever the Left wants to achieve.

                   

But other so-called international polluters won’t agree to do what the U.S. is asking its citizens to undertake. They say we ought to tighten our pollution belts because of our past industrialization. China and India, are only starting at the industrialization game. They want us to give them some slack.

But China/India are going to pollute hereafter with a vengeance because their populations and industry are growing much faster.

                   

Apparently our politicians will eventually concede to such Chinese and Indian thinking. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Extensive Inflation is Inevitable

                       

Fundamentals for massive inflation are in place. Enormous budget deficits and heavy government borrowing to meet unprecedented, massive budget deficits, have done that.

                       

The present economic doldrums, despite what the Washington cheerleaders say, will hold the huge inflationary consequences back only for a while. That is, until the economy recovers a bit more.

                       

Despite occasional reassurances from government officials, there will be no way to unwind the debt build=up in an acceptable manner. Therefore, real inflation is inevitable

                       

Unless we make huge budgetary cuts, soon. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Hoping to Buy a Franchise?

              

                       

Note how so many in the media offer advice on how to buy franchises. This is  done for two reasons.

                       

The primary one is to fill space. It’s a winner for getting attention. Lots of folks are interested in entering business for themselves. Give them ideas and make it sound easy, while reducing disadvantages to a minimum, and you have attracted an audience.

                       

But the second reason is ignorance. The ideas are suggested by those with poor knowledge of practical franchise experience from a franchisee’s viewpoint.

                       

How many tell you how poorly the average franchisee does? How the average franchisee eventually wants out of his or her contract?

                       

Many cost too much at the outset and each year. And fail to provide the promised management assistance. Moreover, in vast instances, franchises offer little name recognition. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

The Health Care Alternative

                       

The U.S. health care system ought to remain entirely private. No public plan of any sort can be as effective. Changes should still be made with regard to extensive tort reform and arbitration of malpractice claims.

And most importantly, an arrangement, where citizens get to pay for coverage with direct tax-deductible dollars.

                       

If you want some sort of state arrangement of health care for those with no coverage at all, have each state administer its own system. Damages can then be localized. You can have a central data bank for important medical information, but each state should enforce what it wants for its own citizens. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

The Actual Health Care Cost

The administration has been intent on making the U. S. like the rest of the world when it comes to health care.

                       

Germany leads in universal care. As of a study a few years back, 52% of its employee costs went to government for social services and health care. France was right behind at 49% and Italy at 47%. No significant change has been made to date.

                       

The reason why foreign governments are able to operate within strict health budgets is rationing. Such rationing of services keeps costs within the government-construct levels. And the number of doctors supplied for that usage. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Investment Opinions Amidst Lawyers

                       

Lawyers have to earn a living, but many want to become billionaires the easy way. A pathway they can all use, is to sue any financial adviser who makes an honest mistake when it comes to advice. That is not allowed in the financial industry according to plaintiff lawyers.

                       

Example: About a year back, a three-judge panel of the U.S. Court of Appeals for the Second Circuit ruled to uphold a lower court’s dismissal of a case against credit agencies who had given securities opinions.

                       

That will set back, at least for a while, the ability of such lawyers who have or want to become quick billionaires the easy way. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)