Let's talk oil and gas again

Reblogger Diane Daley
Real Estate Broker/Owner with Caron's Gateway Real Estate

Original content by Steve Hoffacker

It's been a few months since oil and gas has been much of an issue. Both prices fell, and gas was below $1.50 a gallon in many places (not in our area - not even close). Then gas prices creeped back up to the $2.00 mark, fell back, and surged ahead.

In the Tucson area, gas is still available in the low $1.80s and you can find it for over $2.50 a gallon in some markets.

When gas was bordering on the $2.00 mark it would go up a couple of pennies and then fall the same amount. or more I witnessed a 10 cent increase one day and a 10 cent decrease the next. This kind of market response is tricky if you buy on the day it goes up, but it's relatively stable. You know that market forces will prevail and gas prices will remain basically the same over time - rising or dropping a little.

Now, with no big runup in oil procing - but with the Memorial Day weekend just over the ridge, gas prices are really taking off. Oil actually fell back over a dollar today from its midday high and closed under $59 a barrel.

How can gas increse over 20 cents in one day? Where was the market force that caused this? Guess I missed it, but I long for the day in a couple of weeks when that price drops by a quarter in the same day.

──

For more information on my coaching and educational programs and services, visit my website stevehoffacker.com or go to my other blog homesalesinsights.com for additional sales tips, insights, and commentary. You can also listen to my free podcast messages at Steve Hoffacker's Happenings. © Steve Hoffacker, 2009. All Rights Reserved.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the printer to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the cloud to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Ambassador
1,950,925
Steve Hoffacker
Hoffacker Associates LLC - West Palm Beach, FL
New Home Sales Trainer/Coach, Sales Books Author

Diane,

Thank you for reblogging this post. :)

Steve

May 12, 2009 09:38 PM #1
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the world to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainmaker
544,911

Diane Daley

Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the graph to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase: