Tuesday, June 17, 2008

I Just Paid $5 a Gallon for Gas


It was just on May 1 that I wrote an article about having to pay over $4 a gallon for regular gasoline, as a matter of fact, it was $4.10 per gallon. Then on June 6, I wrote that $4 a gallon for regular was everywhere, and the gas station owner predicted $9.50 a gallon near term. Now I just ended up paying $5 a gallon for regular gas [technically it was $4.999] at a Shell (RDS-B) station in California, and it wasn't the gas station in Redwood City that was in the news recently for charging $5 to 'make a statement'. This is a 21% increase in only a month and a half. Talk about a sharp increase in prices. The manager at this station said that the price is going to $6 or $7 by the end of the summer.

3 comments:

earlyretire said...

do you have an idea on how we can capitalize on the rising cost of gas?

www.ShareTipsInfo.com Team said...

Dear Visitors,

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Today that is 20-June-08 Inflation data has broken the records of past 13 years. Today declared Inflation was 11.05% which is too high. From last one month market is in no trade zone. Everyone is feeling pain from market response.

Just watch

The Sensex has lost more than 27% since its January peak, and trading volumes are down 46%.
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Stock market is a ocean where there are many pearls ( here scripts) so one need to select the best one. We strongly recommend if you are not intraday trader but investor then do go through company fundamentals and then invest.

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www.ShareTipsInfo.com Team said...

Dear Visitors,

This blog is really nice and informative. We are pleased to know this blog is really helping people. Its our pleasure to post informative content on this useful blog created by webmaster.

Today that is 20-June-08 Inflation data has broken the records of past 13 years. Today declared Inflation was 11.05% which is too high. From last one month market is in no trade zone. Everyone is feeling pain from market response.

Just watch

The Sensex has lost more than 27% since its January peak, and trading volumes are down 46%.
Investors has lost there 70% of portfolio .

But still we say there are many undervalued stocks which can be used for investment.

To name few
1. DIGJAM
2. SBI

Most of the stocks are trading near to there 52 weeks lows. There are many fundamentally strong scripts too that are trading at lower levels. One can buy and hold them.

Nifty is expected to correct bit more and after that we can say market will be bullish. As this correction was overdue reason being if we observe in past months speculated stocks whose fundamentals are zero has also shown tremendous upward rallies in the market and now again they are trading at there real values. But still investors are trapped in them and no one is sure those scripts will ever reach those highs or not.

Stock market is a ocean where there are many pearls ( here scripts) so one need to select the best one. We strongly recommend if you are not intraday trader but investor then do go through company fundamentals and then invest.

For any query feel free to contact us.

Regards
SHARETIPSINFO TEAM

+91 9891655316
+91 9899056796
+91 9891890425