EFFECT OF GAS PRICES?
It's a puzzlement to me how real estate sales go down,and prices drop in my market area, here in Shell Knob. They apparently continue to go down nationally, according to recent posts on Yahoo .com, but prices are going up on a multitude of other things.
This is an important question for retirees here in the Ozarks, as well as the rest of the country. When you are on a fixed income, price increases can really hurt.
It seems that the companies providing petroleum to the gas stations have a dart board that they use to supply today's gas prices to us lower beings. $3.15 today - $2.89 tomorrow. So I understand that that has an effect on the truckers, and so it goes all the way down the line.
I noticed things this week that are starting to annoy me. A package of gum went up 19 cents, a loaf of french bread went up 34 cents and this is just a drop in the bucket of all the other products that may have gone up this week. I probably don't want to know about other price increases on necessary products.
Some companies are sneakier than others. They keep the same package, and same price, but.......... the amount of product in that container shrinks by either weight or numbers. Coffee marketing did that a few years ago. Same physical size can, but the amount of coffee in the can was several ounces less.
My question is - what will happen when gas prices stabilize, hopefully at a lower price. Will milk be any cheaper than it is today, when the trucks and truckers pay less for it? Can I go back to buying my gum at 79 cents and get that loaf of bread for 99 cents again?
I'm not an economist, but have to wonder if prices on daily necessities will go down , when home prices go back up. Guess I'll just dream on.
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