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Post by g3750 on May 6, 2022 23:04:55 GMT
Buffoon presently in office?? What are you thinking? As far as the oil companies they aren't bothering with drilling using ANY of their 9000 drilling permits! The oil companies already have drilling machines in situ on 900 of those sites...meaning they could start those within a week or so! Why don't they? Cause to do so would COST THEIR INVESTORS $$$ and lower stock dividens...and might result in CO'S & CEOs getting fired for low stock dividends. That's Orange Klown logic..screw America...I worship money!! Having permits and drilling is NOT the problem. It is how to transport it after you get it out of the ground. THEY HAVE NO PIPELINE PERMITS! This is a tactic that is used by a political party saying they have permits and can drill but fail to disclose ALL THE FACTS! Public outcry and opposition to pipelines, tank car trains or simple trucking (which can not happen due to volume) bring transporting drilled oil to refineries to a HALT! It has NOTHING to do with dividends. They can make way more money if they could drill and transport it! Doing some extensive research will confirm what I am saying instead of HEADLINE CATCHING! PS I am not trying to start an argument just stating facts! Curtis
Ding! Ding! Ding! We have a winner!
Such tactics are designed to: - Reduce individual wealth
- Foster dependency on the government
- Grow the government ("A government big enough to give you everything you want is large enough to take everything you have" - Thomas Jefferson)
- Push people to "green" (and totally inadequate) alternatives
I hope November will bring more adults into the room. The Romper-Roomers have had their chance with the usual results - messy diapers.
George
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Post by mixedfreight on May 7, 2022 0:15:11 GMT
Buffoon presently in office?? What are you thinking? As far as the oil companies they aren't bothering with drilling using ANY of their 9000 drilling permits! The oil companies already have drilling machines in situ on 900 of those sites...meaning they could start those within a week or so! Why don't they? Cause to do so would COST THEIR INVESTORS $$$ and lower stock dividens...and might result in CO'S & CEOs getting fired for low stock dividends. That's Orange Klown logic..screw America...I worship money!! Having permits and drilling is NOT the problem. It is how to transport it after you get it out of the ground. THEY HAVE NO PIPELINE PERMITS! This is a tactic that is used by a political party saying they have permits and can drill but fail to disclose ALL THE FACTS! Public outcry and opposition to pipelines, tank car trains or simple trucking (which can not happen due to volume) bring transporting drilled oil to refineries to a HALT! It has NOTHING to do with dividends. They can make way more money if they could drill and transport it! Doing some extensive research will confirm what I am saying instead of HEADLINE CATCHING! PS I am not trying to start an argument just stating facts! Curtis
Excellent point, Curtis. Unfortunately, some folks aren't into facts and logic. You'd have far better luck explaining reality to a brick wall than those folks.
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Post by dlagrua on May 7, 2022 6:58:44 GMT
The fact of the matter is that inflation is at an all time high and the current political administration in Washington must take responsibility for it. We know who they are. Anyone who drives, heats their home with fuel oil and has been to the supermarket of late has really experienced it. The cost of food and energy will undoubtedly change our buying habits. This was an administration plan. All this didn't happen by accident.
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Post by Traindiesel! on May 7, 2022 7:12:51 GMT
Don’t worry about high costs for heating/cooling, transportation or food. Worry about affording the Chinese language courses we’ll have to take if things keep going as they are!
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Post by fanwoodguy on May 7, 2022 12:12:24 GMT
We had an in ground 550 gallon oil tank, that fill was expensive when pil was around $4 per gallon and we were topped off 3 times a year. Switched to gas, pulled the tank, heating costs under 800 dollars a year even with higher natural gas prices. Change has paid for itself. AC is now a high efficiency ductless system, far less expensive than the old window units, house never had central air.
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Deleted
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Post by Deleted on May 7, 2022 14:19:13 GMT
Inflation sure has hit most folks hard. Me included.
I'm not a huge purchaser of trains, but certainly will be more discriminate when I do buy something.
I have more than enough to enjoy the hobby.
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Post by joeh on May 7, 2022 20:15:16 GMT
All I'm going to say is that I'm a Republican. Always been one, and always will be.
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Post by mixedfreight on May 7, 2022 23:48:44 GMT
I can understand the current harsh economic reality putting the kibosh on sales of new items. New stuff has been getting out of sight price-wise, in my opinion, regardless of the economic situation.
But what about the secondary, used train market? Are we going to see an increase of sales on used stuff? Or are sales going to stagnate, also? And, will the prices rise, stay the same, or possibly even go down on used stuff, especially if used sales stagnate?
Any thoughts?
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Post by dlagrua on May 8, 2022 0:04:09 GMT
The bottom line is that the train hobby will continue but some folks will need to rethink their purchases. As there is no natural gas in our area we rely on fuel oil for heat. It just cost us $2,000 to fill our fuel oil tank. The problem starts at the top and the apologists have no logical argument to rebuke this. I believe this out of control inflation will mainly affect the market for new trains. The P/W and MPC market seems flooded with trains, estate sales are all over the place, and huge demand doesn't seem to be there.
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Post by david1 on May 8, 2022 0:04:35 GMT
All I'm going to say is that I'm a Republican. Always been one, and always will be. Joe, I hate to tell you this but the Republicans have not done anything for many years. This is why the left and far left are in office. We need more politicians in the middle and stop Leaning right or left. Vote for the best people who can do the job and not party. Both party's are on my shi$ list!!!!! Dave
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ben
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Post by ben on May 10, 2022 15:02:41 GMT
Both political parties are to blame for this crisis of fiscal profligacy, rampant money printing, and inflation
The four year of Trump brought in the Moronic deficit don't matter mentality, and culminated in the disastrous 2.2 trillion CAREs act. Trump went as far as to attack the few real conservatives who opposed it.
The incompetent Biden has only added and doubled down on the rampant money printing and deficit spending on hair brained left wing spending programs.
See Federal Reserve M1 and M3 index, the physical money flowing through the economy has increased from 4 trillion to over 20 Trillion in just the last 2 years
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Deleted
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Post by Deleted on May 10, 2022 16:13:47 GMT
But what about the secondary, used train market? Are we going to see an increase of sales on used stuff? Or are sales going to stagnate, also? And, will the prices rise, stay the same, or possibly even go down on used stuff, especially if used sales stagnate? Any thoughts? This year at York there seemed to be quite a bit of older Atlas rolling stock available in particular in the Orange Hall. I really like the detail of the Atlas cars and so I bought a few pieces. I picked up 2 pieces at one dealer's stall that were marked $55 each and offered $45 which I thought was more than adequate as they were 10+ years old and while not run, boxes definitely not pristine. Dealer explained they were already heavily discounted, so no. Frankly I wasn't prepared for the no as it wasn't like I asked for 50% off and the list price when these were new was $50. I asked how he figured the discount? His answer was that current Atlas pricing for similar rolling stock is closer to $80. Saw the same pricing strategy throughout the Orange Hall on Atlas including 1 vendor who actually had old stock set to pricing of current runs. More rational pricing on similar items found in the member Blue Hall so some of my purchases evened out for items that I wanted. By the way, not restricted to York. Dealer from west coast that has lots of new old stock does the same thing on acquired items. Noticed it when I bought a new model MTH offset hopper for $75 and added in another road name found on the site for $72. Was curious about the pricing and looked up the 2nd item on MTH product site to find it originally sold for $50. So same strategy - sell older stuff for current model pricing. Makes me not want to buy from these folks anymore, but I still do by justifying it as one-off purchase. Of course I have made about 10 one-off purchases this year, so only fooling myself. Then again, probably lots of "me" out there otherwise the prices wouldn't exist as they do.
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Post by g3750 on May 10, 2022 19:05:00 GMT
I thought prices at the April York were high. Even Weaver Ultra-Line boxcars (state of the art 15-20 years) and barely getting $15 apiece pre-Covid were going at $30 with virtually no give on price. Apparently, people had been holding on to these in hopes that "a rising tide lifts all boats". The price increases for the new stuff sparked an increase in the older, used and new-old stock. We are seeing the same thing with used cars.
I even saw a "rare" special run Weaver boxcar for $90.
OUCH!!!
George
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Post by dlagrua on May 10, 2022 19:05:45 GMT
This year at York there seemed to be quite a bit of older Atlas rolling stock available in particular in the Orange Hall. I really like the detail of the Atlas cars and so I bought a few pieces. I picked up 2 pieces at one dealer's stall that were marked $55 each and offered $45 which I thought was more than adequate as they were 10+ years old and while not run, boxes definitely not pristine. Dealer explained they were already heavily discounted, so no. Frankly I wasn't prepared for the no as it wasn't like I asked for 50% off and the list price when these were new was $50. I asked how he figured the discount? His answer was that current Atlas pricing for similar rolling stock is closer to $80. Saw the same pricing strategy throughout the Orange Hall on Atlas including 1 vendor who actually had old stock set to pricing of current runs. More rational pricing on similar items found in the member Blue Hall so some of my purchases evened out for items that I wanted. By the way, not restricted to York. Dealer from west coast that has lots of new old stock does the same thing on acquired items. Noticed it when I bought a new model MTH offset hopper for $75 and added in another road name found on the site for $72. Was curious about the pricing and looked up the 2nd item on MTH product site to find it originally sold for $50. So same strategy - sell older stuff for current model pricing. Makes me not want to buy from these folks anymore, but I still do by justifying it as one-off purchase. Of course I have made about 10 one-off purchases this year, so only fooling myself. Then again, probably lots of "me" out there otherwise the prices wouldn't exist as they do. The simple solution is, if you like the price you buy and if you don't like the price you walk. I walk most of the time.
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Post by david1 on May 10, 2022 19:08:27 GMT
When dealers do that, walk away. I don't pay today's prices for yesterday products. I bought a couple of older mth Premier flat cars with trailers $40.00 each because they were from earlier releases one from 2000. But exactly the same as today's releases.
Dave
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