Friday, July 20, 2018

Price Freeze? Yes Please!

Comparing gas prices and economy prices to last year has been very interesting.  Gas was as low as $1.99/gal roughly last year this time.  As we approach Labor Day, a day where many Americans will be traveling and also thinking about the price of gas and gas efficiency, the worst mistake may be to say "gas is high and there's nothing I can do about it.  Here are some thoughts on perceived high gas prices:  1)  Gas is high but it could be much higher
Historically, comparing the bull market in the DJI and Nasdaq markets,  gas should be at about $3.19 by some estimates.  That's 50 cents higher/gallon
2)  Gas prices are normalizing and have become stable, not volatile
The previous years have seen gas prices go very very low then jump in volatility.  Sometimes the jumps were 20 cents or even 30 cents.  Volatility tends to be bad for many markets so a general "slow down in volatility" should be good for the western economy in ways.
3) Simple Hypermiling techniques should now be use (read other blog posts for ideas)
Hypermiling techniques and proper safe driving will go a long way.  As usual it's quite easy to increase your mpg by 3 mpg for whatever car you are driving. 

Monday, May 21, 2018

Offsettting the high price of gas with Silver or Gold

Buying Silver and Gold is a "defense" commodity.  Traditionally, if the stock market goes down or there is some international turmoil, then people will buy Gold instead of the stock market.

Let's look at a few reasons why it is a good time to include silver in your portfolio

NOTICE:  I am not endorsed by anyone,  I am just stating my opinion about silver and gold.

1.  High Gas price
"If gas is high, then so are other commodities"  Traditionally with the high price of crude oil there will be increases in silver.  It is not a 1 for 1 ratio yet it is seen in many statistics and graphs that high gas leads to high commodities prices.

2. "Buy Low Sell High"  This is worth mentioning.  "Just how low is low" well Silver can technically go as low as $4 an oz.,  Here are the numbers I am referencing:

-after the stock market downturn of 2007 Silver was as high as $48 an ounce
-right now it is about $16.50 an ounce
-There is "much room" for silver to go up.

3.  Buying silver as a long term investment
Realistically You may see this as an investment.  In my opinion it won't be going up (if you buy now) until about November 2020.  The stock market is so strong right now that that is how long you might want to wait.  It is still a good investment.  Remember,  we hope that gas prices aren't going to stay high, but if they do,  "Gold is a hedge against inflation". 

Tuesday, April 3, 2018

Driving in a "5 year winter" and hoping for the summer

This winter was pretty rough.  "Every fifth year the winter is rough" a friend of mine said.  Briefly, last year was a much comfier winter.  There was snow at Christmas, a cold January, and then we had an early spring.  So it was quite a juxtaposition to be experiencing a blizzard and/or winter storm early April.  Conditions like this make you appreciate rain.  The rain ideally will help melt the snow.

How to get great gas mileage after a hard winter?

The easiest and best way is to check your tires.  Harsh conditions and precipitation can wear down your tires.  1)  Check that the PSI on your tires after this long winter is at the level that is recommended in your car's manual.  If you don't have a manual, I would go to a website like Yahoo Answers to get PSI recommendations for the make and model of your vehicle.
2) consider rotating your tires. This should help with overall vehicle performance, which in turn increases gas mileage.

Tuesday, January 2, 2018

Winter gas

Filling up at the pump and feeling cold?  not to worry, there is good news.  The gas you are filling up at cold temperatures (preferably 25 degrees or colder) is actually doing you a favor.  There is going to be less water in your gas as you fill up.

Yes it's true, there is a bit of water in each gas line when you fill up.  That water is evaporating,  or something other scientific....

basically you are getting more gas for your buck in the winter. 

Just remember, it's worth it to be really cold and pumping gas!  enjoy that savings at the pump!!!

Thursday, October 19, 2017

Holiday travel forecast

I'm expecting gas to rise to the $2.49 level.  Will it reach this height around Thanksgiving? or Christmas?  one of the two...

in the meantime,  keep enjoying this relatively cheap gas!!!!

Monday, July 24, 2017

The New Normal: Living with a "almost $0 gas" budget

For people like me growing up during the Cold war years,  gas prices only went low like this once before.  Many of us thought we wouldn't see them this low again especially during the $4 /gal gas of the GW Bush era.  Yet today I sit here, realizing i was too young to know how to react to the low gas prices that we saw in (was it the late 80s or early 90s).  Heck I didn't even own a car back then. 

Today i realize there "could be" a new normal.  -considering a gas credit card in these low prices?  -still using gas coupons from your local grocery store to get up to $1.50/ gal off?  well,  if you budget,  it seems possible to achieve close to free gas.  Like I said, i thought this day would never come.

A grocery store chain about 200 miles from me advertises $1.50 / gal off of gas when you buy about $100 of groceries .  Yes, of course, "there's no such thing as a free lunch".  But there is now a thing for the soccer mom who paid $100 a week for groceries for her family.  Ladies and Gentleman
"free gas is possible"  in some places. 

case in point:  you find a grocery store with the $1.50 or even just $1/gal off.  step 1:  fully using this sytem.  It's pretty easy to use the gas coupons once you get the hang of it.  step 2:  seems that there are a few of the older gas stations offering 5 cents/gallon or even 10 cents/gallon off when you use  a gas credit card through Shell, Exxon Mobil,  and possibly Visa.  This has been around for quite some time and was very valuable during the high gas price era.  BUT NOW if you , yes you, want to achieve "free gas"  well and you live in , say, Minneapolis you can do this math:
$2.19 /gal gas price as of July 2017
-$1.50/gal gas when shopping at Cub foods
-.10/gal gas when using a gas credit card
_____________________
59 cents/gallon is what you have to spend.  I think with enough time, i could seriously get the price down to about 5 dollars for a 15 gallon tank of gas.  Sure that's not entirely free but it's quite amazing,,,
quite amazing that we can achieve this.  Now,  in the summer of 2017.