More on Oil and our Blog!

Once again Oil has hit a new high today. At the moment it sits at $121.65 a barrel after reaching $122 earlier today. Who knows what it will end the day at, but projections of it reaching $200 sometime this year are very real! In an earlier post we were moaning and groaning a bit about gas prices and the enormous profits oil companies are making. This was no doubt a venting session, but they are emotions that many people are feeling right now! It is a much more complex issue than it looks on the surface and it really sparked some good feedback from our Blog readers. Some of which are way more educated in this field than I am. One example was a financial planner that pointed out that gas in the U.S. is the cheapest in the world. We also consume 1/4 of the worlds daily oil consumption. This shows how unlikely and hard it would be to cut costs because the other parts of the world as a whole consume more than we do. If they are willing to pay the higher prices, then why would anything change. I don't have time to go into depth on our conversation, but it was very interesting. This was just one excerpt. One point he did make was something we all can do. This is to invest more money in order to hedge against the higher gas prices you are having to pay! Invest your stimulus check, tax return, or other money you can set aside. If you can earn a good return and make (for example)$2000 a year on the investment, then you just made up for the extra you are paying in gas over the course of the year!

Another interesting article that discusses this topic can be read here.

This is just one example of the type of feedback we at PMG want to see on our blogs! Some of you may not have noticed, but there is a comment section where you can post your thoughts or questions to anything listed on this blog. We encourage it. This blog is for informational and educational purposes and any feedback helps! The more interactive the better. If you read yesterdays blog you know about our new "Guest" posting we will try on Wednesday's. This is for any Realtors, Financial Planners, Insurance Agents, Appraiser's, etc. If you have a topic or view that needs to be aired, then let us know.
Just prepare your post and email it to Shawn
(shawnvt@pmg-inc.net or eric.hemmer@pmg-inc.net).
Obviously keep it clean and professional. We will have the power to not post it if it is inappropriate. Not only will this be good to get another viewpoint on our blog, it also can be some free advertising. We direct most of our customers to our site to apply and they can read your blog. If they like what they see, they may even contact you directly! Your "Guest" post will look different than ours. You can include your picture and information at the top to distinguish yourself from PMG.
We hope this new feature helps and some people will choose to take advantage. We look forward to hearing from you. If you don't feel comfortable posting your own blog, then just comment as you see fit to the postings. The more people the better!

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