This is not nonsense. The effects of the uprising in one of the nation's allies in the Middle East will affect not only the economy here in middle America but also your wallet.
The Middle East, as you can expect, has far-reaching implications on our SUVs, our sedans and even our little fuel-efficient cars. This latest upheaval has far-reacching effects....into your wallet among other places.
"For businesses and consumers, the spreading effect on already-rising oil prices is of immediate concern. (In part due to fears about the closure of the crucial Suez Canal shipping route, though reports vary about that possibility.) Clearly - even if you're not in a big oil-producing region - you'll want to contact local refiners, distributors, gas stations, heating oil suppliers, construction firms and other companies that operate heavy equipment, commercial real estate facilities managers - any entity that buys or sells transportation and heating fuel, for starters. (Keep in mind that larger firms may hedge on prices by advance purchasing for contracted pricing, so market price increases won't affect every company.) The federal Energy Information Administration hasn't updated its short-term forecast vis a vis Egypt yet, but its analysts generally are accessible and helpful. And according to this EIA profile of Egypt, the country also exports a great deal of liquified natural gas. Will slowdowns create any hardship or opportunity for players in your area?" - Reynold Center
Just when we had hoped that the markets in outstate Minnesota would blossom once again, this is yet another blow to our local economy and housing market. But, we remain confident that those who seek great value at great prices will continue to purchase housing in Elk River, Zimmerman and Sherburne County Minnesota.
When you need a broker who understands the local economy, the state economy and the national and international economy and can help you find your dream home or sell the current home in this area and move to your next dream home, call me.
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