Stocks dropped as the selling pressures that dragged Wall Street last week persisted, while investors braced for a slew of economic data reports this week.
Welcome to inelastic demand. They take a percentage of what they charge, and they have to charge more because of the tariffs, so they basically get to take more for free because you have to pay more for it, and you have no choice in the matter.
Heating costs are getting really wild. I am shocked to see a lot of people and even business moving to burning wood just due to the costs. Like wood burning used to be many times more expensive then almost any other heating method.
TBF, my partner and I take all of our paperboard and spam mail up to their parents house every other weekend, and it provides enough fuel for their wood furnace to keep the house warm for a few days.
Here in Canada its getting real weird due to a mix of shit companies and carbon tax with heating. Like when its -40 it costs me about $750 per month in natural gas bills, but the “cost” of the gas itself is about $50 of the bill.
The town I live in reduced the amount of heating gas used in town buildings by 40% but actually saw an increase in costs due to the way carbon tax works for municipalities (basically all costs no rebates). Its not good that pellet stoves (that are not good for the environment) have become cost effective just due to a lack of regulation. Waste oil is also now a commodity (used motor oil) for heating, even though its like wood burning something that I thought was a thing of the past.
It’s crazy that with a tariff on energy, utilities and energy are up lmao.
Welcome to inelastic demand. They take a percentage of what they charge, and they have to charge more because of the tariffs, so they basically get to take more for free because you have to pay more for it, and you have no choice in the matter.
Heating costs are getting really wild. I am shocked to see a lot of people and even business moving to burning wood just due to the costs. Like wood burning used to be many times more expensive then almost any other heating method.
TBF, my partner and I take all of our paperboard and spam mail up to their parents house every other weekend, and it provides enough fuel for their wood furnace to keep the house warm for a few days.
Here in Canada its getting real weird due to a mix of shit companies and carbon tax with heating. Like when its -40 it costs me about $750 per month in natural gas bills, but the “cost” of the gas itself is about $50 of the bill.
The town I live in reduced the amount of heating gas used in town buildings by 40% but actually saw an increase in costs due to the way carbon tax works for municipalities (basically all costs no rebates). Its not good that pellet stoves (that are not good for the environment) have become cost effective just due to a lack of regulation. Waste oil is also now a commodity (used motor oil) for heating, even though its like wood burning something that I thought was a thing of the past.
Oil companies were the biggest contributions to the project 25