jimfpau

Donald Trump on Oil

I can't believe you guys don't like the Donald isn't he one of your greatest exports, his shows are watched here (Australia) by many.
Like him or loathe him fuel cost's will definitely pull a economy down, if you don't think so just go ask a few truckers if they expect to make their repayments this month and do they see themselves absorbing the cost's of fuel much longer.
Over here truckers charge a fuel surcharge on top of GST and freight costs. That charge is in general 10% but fuel has gone up in the last 2 months by 35% at the pump, does that mean this latest increase in fuel of 35% can be absorbed and ignored by an already bleeding industry. The smaller operators that are the last left standing suppliers of service and reliability will surely go to the wall this time and the big operators will clean up and raise their prices. Who will be left to keep the buggers honest?