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Author Topic: Effects of price drops ripple through business Back to Topics
aservant

Champion Author
California

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Message Posted: Jul 27, 2013 2:50:34 AM

It was May 2009 when New Yorkers Heidi Hunter and John Bologna opened their new delicatessen in downtown Ignacio. They were optimistic that a recent lull in natural-gas and oil industry activity was just a bump in the road. But four years later, the couple realized they opened the doors of Hero’s New York Delicatessen Justas the dual tides of the economic recession and declining natural-gas prices were coming to a head.

Hunter estimated that 80 percent of Hero’s business comes from workers in the gas field, so as drilling in the area started to decline, s did the number of customers.

Hero’s closed its doors July 18 and will be opening a new restaurant in Aztec, where Hunter and Bologna hope a busier natural-gas and oil industry will again keep them busy churning out pizzas, chick w
Visit Miami Herald for full article
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Gnusman53
Champion Author San Diego

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Message Posted: Jul 30, 2013 10:13:07 PM

Sadly way too much balogna being posted...
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Gnusman53
Champion Author San Diego

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Message Posted: Jul 28, 2013 2:46:50 PM

Facts:
1) Bush appointees and GOP attempts to defund the commission blocked any actions by Obama to reduce speculation...
2) Oil production has increased under Obama.

3) the next sentence showcased willful ignorance and actual delusions...(BTW, doesn't that make the GOP pols in the check photo ops for the stimulus projects "stimulus-suckers" even though their public statements claim no jobs were created)...

4) Nothing will change as long as the GOP can filibuster the senate and the House is led by the loonies from the GOP crazy town....would be a true statement.
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Gnusman53
Champion Author San Diego

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Message Posted: Jul 28, 2013 2:07:09 PM

Still wrong again VMI...Not one fact in the post. But that is consistency.
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VMIJim
Champion Author Alabama

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Message Posted: Jul 28, 2013 8:31:45 AM

The bottom line is that Obama has done nothing to control oil speculation or prices, reduce our dependence on foreign oil, or improve our economy. His sole agenda is to cater to his tree hugging, stimulus sucking, union dominated, ultra liberal major contributors. As a result, we continue to be screwed at the pump, with our utilities, & with our taxes. Nothing will change as long as Obama is in office & controls the Senate. 2014 Elections are coming - stop this madness!!
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Gnusman53
Champion Author San Diego

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Message Posted: Jul 27, 2013 9:17:05 PM

Seem Tigerpaw wants 3 + 3 to equal 9.

Sorry. Companies were closing and firing people even before the election... sorry to mess with the fantasy.....

Seems Tigerpaw needs to check his facts.....
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Gnusman53
Champion Author San Diego

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Message Posted: Jul 27, 2013 9:09:17 PM

Sorrry....jobs from the Keystone????? whatta laff.... the company admitted that it would amount really to about 3K TEMP jobs.... BTW, the GOP house and senate members kill more than that many jobs every day....Sooooo sorry to burst Eagles' fantasy....

[Edited by: Gnusman53 at 7/27/2013 9:12:21 PM EST]
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Gnusman53
Champion Author San Diego

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Message Posted: Jul 27, 2013 9:05:15 PM

Sorry RNC.... CORRECTION... while the GOP kills all the jobs they can in the house and senate.....

Question is... why do the GOP hate working americans working so much...
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Rayfuel
All-Star Author Houston

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Message Posted: Jul 27, 2013 5:23:35 PM

Market!
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mpg611
Champion Author Cleveland

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Message Posted: Jul 27, 2013 4:23:44 PM

What's a **air quote** price drop **air quote**?
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Yooperheart
Champion Author Michigan

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Message Posted: Jul 27, 2013 1:00:12 PM

Put people to work for our country, limit the exportation of these valuable resources.
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amerk73
Champion Author Dallas

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Message Posted: Jul 27, 2013 12:02:59 PM

still too high need more drop
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mastermariner
Champion Author Texas

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Message Posted: Jul 27, 2013 10:32:39 AM

Good
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RNCII
Champion Author Michigan

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Message Posted: Jul 27, 2013 10:00:55 AM

Seems like a hard place to be.
Oh ya jobs are hard to find everywhere with Obama in office.
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Eagle3236
Champion Author Missouri

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Message Posted: Jul 27, 2013 9:52:24 AM

This is a good example of the snowball effect. That is why building the Keystone Pipeline would add many jobs to our economy!
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MLB2701
Veteran Author Medford

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Message Posted: Jul 27, 2013 9:39:30 AM

When retailers insist on higher priced because of fuel cost when those costs come down that part of the price is never considered. Take a pair of Levis I used to be able to buy for 30 dollars after the first big price hike 45 dollars when prices fell retailers have the price they want. End of story
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Sanpoil
Champion Author Spokane

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Message Posted: Jul 27, 2013 9:18:44 AM

Cool
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majormarket
Champion Author Houston

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Message Posted: Jul 27, 2013 9:05:30 AM

I really don't care how business wins or save on oil price drops - they usually just pocket the savings so the consumer never sees any of it.

Show me a 50-cent per gallon price drop at the pump and I'll start smiling. :)
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VMIJim
Champion Author Alabama

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Message Posted: Jul 27, 2013 8:22:22 AM

The bottom line is that the Obama Administration has done nothing to control speculation or prices, reduce our dependence on foreign oil, or improve our economy. The sole agenda of Obama is to cater to his tree hugging, stimulus sucking, union dominated, ultra liberal major contributors. As a result, we continue to be screwed at the pump, with our utilities, & with our taxes. Nothing will change as long as Obama is in office & controls the Senate. 2014 Elections are coming - stop this madness!!
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doeslayersr
Champion Author Illinois

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Message Posted: Jul 27, 2013 8:13:16 AM

Who wants NY food with New York prices in Miami???? That is why it failed.
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Wally3023
Champion Author Pennsylvania

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Message Posted: Jul 27, 2013 7:51:20 AM

Good to know
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nicven
All-Star Author Virginia Beach

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Message Posted: Jul 27, 2013 7:48:09 AM

And they call workers Boomers.
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tcrunner
All-Star Author Michigan

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Message Posted: Jul 27, 2013 7:45:38 AM

Open a mobile delicatessaen
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Pramodsharma
Champion Author Richmond

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Message Posted: Jul 27, 2013 7:40:55 AM

The oil tycoon Batista lost every thing this years season.
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el_fr
Champion Author Massachusetts

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Message Posted: Jul 27, 2013 7:37:06 AM

Go where the customers are
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Rockyguitar
Champion Author Tampa

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Message Posted: Jul 27, 2013 7:36:16 AM

FINE!
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AVKZ
Champion Author Kalamazoo

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Message Posted: Jul 27, 2013 7:31:31 AM

Good luck.
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gbs1
Champion Author Minnesota

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Message Posted: Jul 27, 2013 7:21:05 AM

Boom and bust in the oil and natural gas patch.
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Winatgas
Champion Author Kentucky

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Message Posted: Jul 27, 2013 7:13:43 AM

We're heading to NYC today and we'll check out Hero's.
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MImusicman
Champion Author Michigan

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Message Posted: Jul 27, 2013 7:06:15 AM

Yes and that's what's so frustrating about our govt, energy policy impacts the economy
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JerryJoeUC
Champion Author San Antonio

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Message Posted: Jul 27, 2013 6:35:07 AM

Glad to hear they're trying again and not just giving up.
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cheapchickKY
Champion Author Lexington

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Message Posted: Jul 27, 2013 6:29:12 AM

Go to CO and visit the "ghost" towns, history repeats.
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yardslave
Champion Author Oklahoma City

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Message Posted: Jul 27, 2013 6:28:58 AM

Timing is everything...
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07skydriver
Champion Author Ohio

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Message Posted: Jul 27, 2013 6:10:49 AM

Dubya's recession hurt many others too. The hole he created in the American economy is just starting to heal.
And we're still paying for those pesky wars.
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humblepie
Champion Author Toledo

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Message Posted: Jul 27, 2013 6:03:24 AM

that too bad but they didn't quit
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USMCturtlehead
Champion Author Lexington

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Message Posted: Jul 27, 2013 5:37:37 AM

Hard to keep any business running with a declining customer base.
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gasmeup52
Champion Author Missouri

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Message Posted: Jul 27, 2013 5:27:41 AM

Hope it works out for them.
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gsipper
Champion Author Indianapolis

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Message Posted: Jul 27, 2013 5:23:25 AM

Interesting
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72_Monte
Champion Author Twin Cities

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Message Posted: Jul 27, 2013 4:45:46 AM


Gotta take a lesson from places like Detroit. Don't put all of your eggs in one basket.
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00MrSlate00
Champion Author Illinois

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Message Posted: Jul 27, 2013 4:43:55 AM

cool
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dunesfly
Champion Author Cape Coral

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Message Posted: Jul 27, 2013 3:58:44 AM

ok
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eyegotgas2
Champion Author British Columbia

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Message Posted: Jul 27, 2013 3:27:37 AM

Better to have a deli business where there's more people working
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Snowball2013
Champion Author Yakima

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Message Posted: Jul 27, 2013 3:25:43 AM

Ok
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iFueler
Champion Author Durham

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Message Posted: Jul 27, 2013 3:24:05 AM


     there are many "ripples" in the marketplace
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TIGERPAW46
Champion Author Florida

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Message Posted: Jul 27, 2013 3:01:06 AM

our business has been declining since 9/11/01. However it took the worst downturn in Nov. 2008 as soon as the announcement Obama was elected massive numbers of business either closed or cut way back, causing a major increase in unemployment. Meanwhile while prices escalated on all things except housing because sells crashed. All combined fewer people had money to spend & the recession still persist x 5+ yrs.
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