Survey Says........What's the price of gas this week?

Over the past weeks I've been like everyone else... noticing the gas prices inching (jumping too) up a little more every week.

On some good weeks, they've even surprised and went down, a little. But this week has been an incredible leap. Here is Michigan we went from 2.49 to 2.75 for regular. Where does it go from here?

Where are your gas prices at today? The predictions say we will go higher because of the demand has outpace production. Hard to imagine this is not a intentional attempt to raise fuel oil and other heating products for profit.

Here is something many may not know. Out costs are directly linked to the strength of the US dollar. So if the dollar weakens against foreign money the cost of goods goes up. They simply raise our cost of a barrel of oil. For many traveling this is going to increase the cost of your vacation and travel as well. For those that can't travel based on economic conditions it is simple. Only drive to and from work and the grocery store.

I know these spikes don't seem like a big deal but the difference in a weekly budget can be huge. Spending $20.00 more a week in gas means something else has to be dropped from the budget For many families it is food.

Families have been living on credit cards...the rates have sky rocketed if you haven't noticed. In many cases the credit card was used as a short term gap filler. Now with the rates in the 20 plus percentage range they too have become a debt machine cranking up the dollars owed to the point that minimum payments for many families is shock when they have received their new monthly billing.

No more putting the gas on the credit cards!

How are some of these issues affecting you and your clients?

Live in Grand Rapids or West Michigan area, not under contract? Like to sell or buy a home....give me a call. It could save you thousands in your next real estate transaction. Always confidential, Never Pressured.

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