Monday, February 27, 2012

Fuel Pump Drama

One of the most pressing recurring concerns as it has been noted time and time again, would naturally be the gas prices in the United States. Gas prices have been hovering over three dollars, into four dollar land, and there have been some fears that it is dangerously going to reach five dollar territory before too long. Yet, despite all of these fears, it really does depend on the commonly held principle of supply and demand. It is a small favor that this winter has not been one that needs much demand, due to the warmer weather.

What Will You Do When Gasoline Breaks the Budget



That is a question that many people are asking. Stacking up and carpooling does seem to be a likely effort, as several people in the general area being picked up and dropped off on the way to work can rather minimize fuel costs. However should you live in an area where it would be even more problematic to carpool to work, then that is a problem. If someone times it right, they can walk and ride their bike to work, but with further distances and potential bad weather, that might not be feesible some mornings.


What to do about the price at the pump is a problem. And long term projections for this summer are not looking all that promising. Five dollar area per gallon, that is scary, but is there a limit to how high it can go? All previous limits for the price have been obliterated right before our eyes. It is getting to the point where the cost of living can be a steep price.

Good luck at finding alternate sources of energy...well finding alternate sources of energy is not a problem, but finding one that works and then getting the masses to really go along with it can be a problem. It can be done but people are rather set in our ways. And obviously people just keep driving, keep using fuel, thus the gas prices go up. They may falter down, but four dollars and maybe even five dollar gas prices are not going to be uncommon.

Stormy economic times for sure and the doom and gloom might just be stepping up.

Stock Market Report 2/27/12

The Stock Market opens this full week with some ups with the Dow Jones only being barely down. Hopefully it is the sign of an encouraging week as we say goodbye to February 2012 and hello to March 2012

Dow Jones:   12,982.19(-0.76)
NASDAQ: 2,966.16(+2.44)
S and P 500: 1,367.60(+1.86)