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Gas prices are falling, not because OPEC did the right thing in increasing production but because people have decided they’re tired of being slaves to high gas prices and are finding other ways to spend their dollars. It’s interesting seeing how the reduction of demand is lowering gas prices, since that same thing doesn’t work [...]
The NYSE has fallen for the sixth week in a row, and finally dipped below 12,000. Although I’m not all that surprised, since I keep trying to figure out what financial statistics made it grow to that extent in the first place, it seems that the never ending worries about gas and oil have a [...]
No doubt I’m not the only person was noticed a gas prices going up lately. It seems like it was less than a month ago when gas prices locally were around $2.60. Today gas prices locally are at $2.92 a gallon. What the heck is going on? Supposedly, gas prices are up anywhere from 55% [...]
Sometimes you learn your financial lessons by having them hit you in your own wallet. Today I received my bill from our utilities company, and I was somewhat stunned. It had gone up another $54 since the previous month, and just over $100 since September. I couldn’t figure out why. True, it’s almost winter, and [...]
Okay, this one’s personal. Today, one of our local news stations had a report on something I didn’t know was going on, but I should have expected as much. It seems that, because electric consumption has been low because it’s been a fairly temperate summer thus far, our power company, National Grid, has decided that [...]
There is a lot of conversation these days over the House of Representatives passage of a energy bill that would create a “cap and trade” system for carbon emissions. If you aren’t familiar with the proposed system, here’s the basic concept. Utility and other companies would be required to have a permit with an attached [...]
Over the winter, when gas and oil prices were very low, I kept wondering why my utility bill was so high, and getting higher every month. Sure, I live in a cold part of the country, but it was my thought that when prices when down, my bill would go down. I was even on [...]