Monday, February 13, 2012

Gas Prices on the March

The economy is improving. Company profits are increasing. Job numbers are picking up pace. Add them all up and what do you get? Rising prices at the pump!

Seriously, have you noticed that the traffic is picking up in your city? Seems that after a two-year lull here in Sacramento, I'm running into more traffic jams on the commute. I've noticed that the waiting lines at my favorite restaurants are longer, too. Things are getting better, but that means we're going to need more fuel. Higher demand will translate into higher prices.

None of that was today's business in the stock market. Stocks recovered most of Friday's losses...

posted from Bloggeroid

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