What is the average gross profit margin for a lawn care business?
In lawn care we usually look for the material cost of about 15% and technician labor to be 15-20% other direct costs such as vehicle costs, workers comp, uniforms, etc. is usually 15-20%. Taking these direct costs together the most efficient companies have direct costs of 45-50% making their gross margins 50-55%.
When did the United States remove price controls on petroleum products?
In April 1979, US President Jimmy Carter signed an executive order to remove price controls from petroleum products by October 1981 so that prices would be wholly determined by the free market.
What happened to the price of oil after 1980?
After 1980, reduced demand and increased production produced a glut on the world market. The result was a six-year decline in the price of oil, which reduced the price by half in 1986 alone.
Who is considered the father of Turfgrass Science?
James B Beard (24 Sept 1935 to 8 May 2018) can rightly be considered the “Father” of contemporary turfgrass science.
What distinguishes the instrument known as a power rake or Dethatcher from the other piece?
What distinguishes the instrument known as a power rake or dethatcher from the other piece of cultivation equipment shown in the video? Flailing knife blades that vertically shear the turf's surface.
What feature S is are truly unique about the the playing field of the Texas Rangers compared to other ballparks in the warm season zone?
What feature(s) is (are) truly unique about the the playing field of the Texas Rangers compared to other ballparks in the warm-season zone? It has a zoysiagrass infield.
Why is it a good idea to have two blades for your mower quizlet?
Why is it a good idea to have two blades for your mower? So that you can always have a sharp-blade replacement while the other blade is being sharpened. To avoid insect damage, what is the most important month to keep your lawn well-watered in Michigan?
Do dethatching rakes work?
Dethatching rakes are good for light thatch and general thatch maintenance on small lawn areas. Power rakes are mower-like devices with rotating, rake-like tines that dig into thatch at the soil level and pull it up. Power rakes work well for lawns with thinner thatch layers and grass that can withstand intense raking.
What is a Harley rake?
This tool goes by a few names, most commonly, the harley rake. It is a hydraulic attachment for our mini skid steer that will prepare any dirt surface for grading or even grass seeding. It is also good for removing small debris such as rocks, sticks, and loose roots.
What Major League Baseball stadium has a swimming pool?
Chase FieldChase Field also has a swimming pool located in right-center field, which is rented to patrons as a suite holding 35 guests for $3,500 per game during the 2011 season. Mark Grace was the first player to hit a home run into the pool.
In which baseball stadium would you find a left field wall known as the Green Monster?
Fenway ParkThe Green Monster is a popular nickname for the 37-foot-2-inch-high (11.33 m) left field wall at Fenway Park, home to the Boston Red Sox of Major League Baseball. The wall is 310 feet (94 m) from home plate and is a popular target for right-handed hitters.
In which baseball stadium would you find a left field wall known as the Green Monster Yankee stadium Wrigley field Camden Yards Fenway Park?
Fenway ParkFenway Park Boston's professional baseball stadium is home to the infamous Green Monster. That's the nickname for the nearly 40-foot-high left-field wall in Fenway Park, the oldest major league ballpark still in use by a professional team. The Boston Red Sox have called Fenway home since it opened in 1912.
What is the ideal lawn height?
The ideal length of your lawn depends on your climate, but most experts agree you should keep your grass between 2 1/2 inches to three inches long, with the last cut of the season remaining the same.
Does St Augustine grass have a hairy Ligule?
St. Augustinegrass has a hairy ligule, but centipedegrass does not. Perennial ryegrass has greater low-temperature hardiness that Kentucky bluegrass. Kentucky bluegrass is more drought resistance than creeping bentgrass.
Which element is primary for green color?
Chlorophyll is the compound found in plants that reflects green-yellow light, giving most plants their green color. It is made of carbon, oxygen, hydrogen, nitrogen, and magnesium.
Overview
The 1980s oil glut was a serious surplus of crude oil caused by falling demand following the 1970s energy crisis. The world price of oil had peaked in 1980 at over US$35 per barrel (equivalent to $115 per barrel in 2021 dollars, when adjusted for inflation); it fell in 1986 from $27 to below $10 ($67 to $25 in 2021 dollars). The glut began in the early 1980s as a result of slowed economic acti…
Production
During the 1980s, reliance on Middle East production dwindled as commercial exploration developed major non-OPEC oilfields in Siberia, Alaska, the North Sea, and the Gulf of Mexico, and the Soviet Union became the world's largest producer of oil. Smaller non-OPEC producers including Brazil, Egypt, India, Malaysia, and Oman doubled their output between 1979 and 1985, to a total of 3 million barrels per day.
Reduced demand
OPEC had relied on the price inelasticity of demand of oil to maintain high consumption, but underestimated the extent to which other sources of supply would become profitable as prices increased. Electricity generation from coal, nuclear power and natural gas; home heating from natural gas; and ethanol blended gasoline all reduced the demand for oil.
Impact
The 1986 oil price collapse benefited oil-consuming countries such as the United States and Japan, countries in Europe, and developing nations but represented a serious loss in revenue for oil-producing countries in Northern Europe, the Soviet Union, and OPEC.
In 1981, before the brunt of the glut, Time Magazine wrote that in general, "A glut of crude causes tighter development budgets" in some oil-exporting nations. Mexico had an economic and debt c…
See also
• 1980–89 world oil market chronology
• 2010s oil glut
• 2020 Russia–Saudi Arabia oil price war
Further reading
• World Hydrocarbon Markets: Current Status, Projected Prospects, and Future Trends, (1983), By Miguel S. Wionczek, ISBN 0-08-029962-8
• The Oil Market in the 1980s: A Decade of Decline, (1992), by Siamack Shojai, Bernard S. Katz, Praeger/Greenwood, ISBN 0-275-93380-6
External links
• Energy Information Administration: Petroleum Chronology of Events 1970–2000
• 174 Years of Historic Houston: Oil Glut and the Economic Downturn