Gas Prices
Higher gas prices, who knows how high but 6-7 bucks seems plausible, will not only hit drivers but virtually everything you purchase. 95% of goods are moved via truck so look out consumers. On a side note, was talking with the queen yesterday and mentioned to her "our home heating oil contract will be coming up for renewal in May". Here in new England about 50+ % of homes are heated with oil. Usually your oil provider will send you a contract in May for your following year`s worth of oil, payments can be stretched out over 6 to 9 months. Last year we bought 600 gallons (keep heat at 63 degrees) at 2.50per gallon so 1500 dollars total. Today`s quote, and who knows what that`s worth, was 5.32 cents gallon. Looking at roughly 3200 dollars and possibly counting, OUCH. As mentioned, most N E oil providers make their offers in May so stay tuned.
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