A Letter To Congressman Price

Dear Congressman Price:

I have a simple idea that might help.

People are receiving unemployment checks but would rather work.

Employers are reluctant to hire at this time but some of them would like to do so.

Why not allow unemployed persons to continue to receive benefits while allowing employers to hire them and pay just the difference between those benefits and the normal pay (in other words a discount for an incentive).
This would be a two year agreement signed by all three (including employment security folks). The unemployment benefits would be paid only for the first year and the employer must retain the worker for an additional year at full pay or have to repay the incentive.

Unemployment benefits are already loaded into the system so this would not cost the tax payer any additional monies and debt, but it would allow employees to pay their house payment. In two years the economy should be on the way to recovery. This would bridge that two-year gap and reemployment and housing would pick up much quicker.

Persons would have to be out of work for some period, say 6 months. Otherwise, SOME employers would lay all of their employees off and then rehire them just to receive the discount. That’s what made America great.

Best regards,

Larry H.

Gasoline and Diesel Rack Price Changes

 

Good morning,

 

It looks as though we are about to receive one last gift from winter’s weather. The average unbranded gasoline rack is down today by 5.6 cents. Diesel fuel at the average rack in Selma is down by 3.6 cents. Crude is up only 5 cents at this time. Prices are:

 

AV.RACK

FEDERAL

STATE

SPILL

COST

   PRODUCT

  PRICE

  TAX

TAX

TAX

With Tax

UL REG

2.1026

0.1840

0.3055

0.0019

2.5940

PREMIUM

2.2560

0.1840

0.3055

0.0019

2.7474

ULS

2.1223

0.2440

0.3055

0.0019

2.6737

ULS RD

2.1182

0.0000

0.0025

0.0019

2.1226

 

I have been reading again, a book by Malcolm Gladwell entitled ‘Outliers’. It is an easy and thoughtful read. His premise is that there are reasons that some people succeed and others don’t. Gladwell reported on a study of the Baltimore school system. The study found that poor kids did just as well as the more wealthy children during the first grade, but over the summer, the poor kids scores dropped while the wealthier jumped up. (They knew this because they gave the California aptitude test at the end of June and the beginning of the fall term). The wealthier kids had resources over the summer that the poor kids did not such as travel and books, and, most probable, their parents had more education. With each grade, the poorer kids dropped lower in the aptitude test and the wealthier kids were selected for the more advanced classes, thus the gap between the two grew wider and wider with time. The implication is that going year-round to school is a positive step.

 

Gladwell gave the example of the KIPP (Knowledge is Power Program) schools, which started in the Bronx. There are no entrance exams. Applications are chosen by lottery. These are mostly Latino and African American kids. This is a year-round school with hours from 8 a.m. to 5 p.m. These kids not only succeed but by Grade 8 they place above the national average in math. Eighty percent of the kids go on to college and succeed. These are just average kids, picked at by lottery, from a very poor environment and the schools work.

Our analogy of the schools system seems to derive from our farming methods. Fields that are planted on every year are soon depleted. The idea back in the 1870’s seemed to be that too much education would deplete the mind. One study of 1500 insane patients in a mental hospital deduced that over 200 of them were driven insane by too much education.

 

Asians have a different view. They plant rice year round and try to put in two even three crops. By flooding their fields with water and nutrients they enrich their fields, not deplete them. Asian children go to year round schools and place higher on achievement tests than American kids.

 

Perhaps Wake County should consider placing all students in year-round schools. The children will learn more and not forget their learning over the summer, and our investment in school facilities would be more efficient.

 

 

Enjoy your day,

 

-Larry H.

Larry Hopkins

President

Hopkins Oil Co. Inc.

5211 Trademark Drive

Raleigh, N.C. 27610

Direct Line: 919-534-2309

Cell: 919-622-8205

Fax: 919-833-8122

larry@hopkinsoil.com

Gasoline and Diesel Rack Price changes

 

Good morning,

 

Crude oil is down this morning by $1.69 to $78.69 at this time, from its close yesterday over $80/barrel. Gasoline prices are up 2.3 cents today at the average unbranded rack in Selma. Diesel prices are up 8/10ths of a cent today:

HOPKINS OIL WEBSITE CALCULATOR

AV.RACK

FEDERAL

STATE

SPILL

COST

   PRODUCT

  PRICE

  TAX

TAX

TAX

With Tax

UL REG

2.1588

0.1840

0.3055

0.0019

2.6502

PREMIUM

2.3058

0.1840

0.3055

0.0019

2.7972

ULS

2.1580

0.2440

0.3055

0.0019

2.7094

ULS RD

2.1550

0.0000

0.0025

0.0019

2.1594

 

Prices should drop tomorrow if crude remains down.

 

Best regards,

 

-Larry H.

Average Unbranded Gasoline and Diesel rack Prices

 

Good Monday morning,

 

Prices are up. Gasoline unbranded rack prices are up 3.0 cents. Diesel prices at the average rack are up 2.8 cents/gallon. Prices are:

 

HOPKINS OIL WEBSITE CALCULATOR

AV.RACK

FEDERAL

STATE

SPILL

COST

   PRODUCT

  PRICE

  TAX

TAX

TAX

With Tax

UL REG

2.1361

0.1840

0.3055

0.0019

2.6275

PREMIUM

2.2678

0.1840

0.3055

0.0019

2.7592

ULS

2.1504

0.2440

0.3055

0.0019

2.7018

ULS RD

2.1469

0.0000

0.0025

0.0019

2.1513

 

I have corrected the Spill Tax amount from the initial notification.

Enjoy your week,

 

-Larry H.

Unbranded Gasoline and Diesel Fuel Prices

 

Good Friday morning,

 

Prices jumped up over night. Unbranded gasoline rack prices are up by 6.6 cents. Diesel fuel average rack prices at Selma are up 7.0 cents. The Fed upped its discount rate last night. The dollar is up so one would think that crude will drop today but has not so far. Crude is up to $79.13/barrel at this time, up $.07 from the close yesterday. Prices are:

 

HOPKINS OIL WEBSITE CALCULATOR

AV.RACK

FEDERAL

STATE

SPILL

COST

   PRODUCT

  PRICE

  TAX

TAX

TAX

With Tax

UL REG

2.1058

0.1840

0.3055

0.0012

2.5965

PREMIUM

2.2376

0.1840

0.3055

0.0012

2.7283

ULS

2.1221

0.2440

0.3055

0.0012

2.6728

ULS RD

2.1209

0.0000

0.0025

0.0012

2.1246

 

Enjoy your weekend,

 

-Larry H.

L

Unbranded Gasoline and Diesel Fuel Rack Prices

 

Good morning,

 

Another chilly start today. Gasoline at the average unbranded rack is hardly changed. Diesel fuel has increased 9/10ths at the average rack in Selma. Prices are

 

AV.RACK

FEDERAL

STATE

SPILL

COST

   PRODUCT

  PRICE

  TAX

TAX

TAX

With Tax

UL REG

2.0343

0.1840

0.3055

0.0012

2.5250

ULS

2.0825

0.2440

0.3055

0.0012

2.6332

ULS RD

2.0824

0.0000

0.0025

0.0012

2.0861

 

I have changed the cost calculation to include the taxes. This makes it easier, since you know your margin, to just add it to the Cost With Tax. Let me know your thoughts if this is a problem. This way you don’t have to use the Excel on the computer and can read it off your phone or Blackberry.

 

Best regards,

 

-Larry H.

Gasoline and Diesel Rack Prices

 

Good morning,

 

We have another day in Paradise. Gasoline prices jumped up today by 9.2 cents. Diesel prices are up by 7.2 cents. Prices at the average rack in Selma are:

 

UNLEADED     $2.0359

PLUS              $2.0677

PREMIUM      $2.1628

ULS               $2.0734

ULS RD         $2.0727

 

Crude oil is up 40 cents at this time to $77.41 over yesterday’s close.

 

Have a good day,

 

-Larry H.  

 

Gasoline & Diesel Rack Prices

 

Good afternoon,

 

I am running late after a meeting this morning. Gasoline is little changed today. Diesel fuel is the same. Prices are:

 

UNLEADED    $1.9443

PLUS             $1.9916

PREMIUM     $2.0873

ULS               $2.0015

ULS RD         $1.9998

 

Crude oil has jumped up $2.92/barrel over the close yesterday and is now trading at $77.05.

 

Best regards,

 

-Larry H.  

Gasoline & Diesel Rack Prices

 

Good Monday morning,

 

Basically, there is no change is gasoline price at the average rack today, 3/1000th  of a cent. Diesel prices are down 3.72 cents today:

 

UNLEADED     $1.9420

PLUS              $1.9946

PREMIUM       $2.0891

ULS                $2.0000

ULS RD          $1.9972

 

Crude has moved up 13 cents/gallon to $74.23 at this time from its Friday close.

 

Have a good week,

 

-Larry

 

Gasoline & Diesel Rack Prices

 

Good morning,

 

Gasoline prices are up today by 1.6 cents. Diesel fuel prices at the average rack are up 2.0 cents:

 

UNLEADED     $1.9423

PLUS              $1.9960

PREMIUM      $2.0903

ULS               $2.0372

ULS RD         $2.0349

 

 Crude is down $1.58 today to $73.73 from the close yesterday at $75.28.

 

I was walking the dog this morning. There is this one curve in the road that has sweet gum trees. I was marveling at the plethora of sweet gum balls that came down in the wind this week. Then I looked up and you would not believe the thousand that are STILL on the trees.

 

Enjoy your weekend,

 

-Larry H.