Wednesday, February 22, 2012

Fuel Prices Rise But Not As High As Expected

Perhaps it may seem like faint praise, but the nicer than normal weather for this winter really did keep fuel prices at a more manageable level this winter season. With that fact in mind, it is not going to be certain that these low prices at the fuel pump are going to be something that is going to last forever. And indeed, it is the same story that we hear, where there might be some moderate drops, before a spike.

During the times of the year where there is a lot of travel, there tends to be higher fuel prices. And let's face it, this is a time of the year where there is not an entirely lot of of traveling going on. Therefore, there are not going to be a lot of traveling so there is not going to be high prices at the fuel pump.

Still the warmer than usual weather has helped us out a great bit and has caused the fuel prices not to rise up to an astounding level. Although it is not without its share of problems and headaches. Perhaps we should dust off the old bicycle or start walking as fuel prices raise yet again.

Stock Market Report 2/22/12

The rally yesterday was turned around for the ugly today as the Stock Market, with the Dow Jones, the S and P 500, and the NASDAQ all went down today. Let's see what the numbers were.

Dow Jones: 12,938.60(-27.09)
NASDAQ: 2,933.17(-15.40)
S and P 500: 1,357.66(-4.55)