Today oil prices were as low as $111 per barrel, which translates into less expensive heating oil and lower gas prices. Given the approaching end of summer, heating expenses are in the mind of just about everyone, so this is good news for those who have oil-base heating. Cheaper gas also helps, particularly when you have an SUV or a long commute, ouch!
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Showing posts with label gas. Show all posts
Showing posts with label gas. Show all posts
2008/07/23
Oil prices finally come down!!
NEW YORK—Oil prices shed nearly $4 Wednesday, tumbling below $125 a barrel for the first time since early June on growing fears that high prices and the weak economy are destroying demand.
Light, sweet crude for September delivery dropped $3.98 to settle at $124.44 a barrel on the New York Mercantile Exchange, crude's lowest finish since June 4. The August contract expired Tuesday at $127.95.
At the gas pump, prices continued to let up. Regular gasoline dropped more than a penny to an average of $4.0402 a gallon nationwide, according to auto club AAA, the Oil Price Information Service and Wright Express. That is down more than 7 cents from last Thursday's all-time high. Diesel slipped 0.6 cent to $4.802.
Full article
Light, sweet crude for September delivery dropped $3.98 to settle at $124.44 a barrel on the New York Mercantile Exchange, crude's lowest finish since June 4. The August contract expired Tuesday at $127.95.
At the gas pump, prices continued to let up. Regular gasoline dropped more than a penny to an average of $4.0402 a gallon nationwide, according to auto club AAA, the Oil Price Information Service and Wright Express. That is down more than 7 cents from last Thursday's all-time high. Diesel slipped 0.6 cent to $4.802.
Full article
2008/06/18
Gas prices affect home buying trends
With oil prices sky high, home buyers are doing whatever it takes to minimize their commute. It's no surprise that nationwide more and more people try to live near a train station to reduce their driving - thus their gas consumption.
This begs the question, what is more important now, the tag price on a home or its distance to a commuter rail? How much money you spend on gas might be the amount you could spend on a better neighborhood or a more costly (and nicer) community. These are just things to think about when you decide to either buy a new home or move to a new place.
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This begs the question, what is more important now, the tag price on a home or its distance to a commuter rail? How much money you spend on gas might be the amount you could spend on a better neighborhood or a more costly (and nicer) community. These are just things to think about when you decide to either buy a new home or move to a new place.
More info
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