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Pain at the Pump

By Brenda Mayette

Real Estate Agent with Miranda Real Estate Group, Inc. NYS 10401214143

February 24, 2012 10:45 AM

I wish I could write some eloquent piece on the economic & political intertwine that is our gas prices. Unfortunately (or maybe it IS a blessing!), I don't know enough about that to even try. So, I only have one thing to say.... "OUCH!!!!!"

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Fred Griffin Florida Real Estate

Fred Griffin Real Estate - Tallahassee, FL

Licensed Florida Real Estate Broker

It is just getting started. Gas Prices are predicted to hit $6 per gallon by June.

This will result in hyper-inflation at the grocery store and everywhere else.

"Ouch" is right!

Feb 24, 2012 11:04 AM

Chris Smith

Re/Max Chay Realty Inc., Brokerage - New Tecumseth, ON

South Simcoe, Caledon, King, Orangeville Real Esta

Brenda, and its going to get worse before it gets better. Economical cars looking better to you?

Feb 24, 2012 11:19 AM

Sharon Parisi

United Real Estate Dallas - Dallas, TX

Dallas Homes

This is a brilliant and relevant post. I echo your thoughts. Ouch!

Feb 24, 2012 01:01 PM

Andrea Bedard

Thompson Company, REALTORS® 240.593.2860 - Silver Spring, MD

Fluent in Real Estate & German, M.A. ABR ASP CIPS

OUCH is right Brenda! I heard $4.25 by April?? Just painful! And MD is debating whether or not to raise the sales tax on gas!

Feb 24, 2012 01:04 PM

John Pusa

Glendale, CA

Brenda - You are right gas prices expected to increase in the summer. Thanks for the information.

Feb 24, 2012 01:33 PM

Edward Gilmartin

CRE - Boston, MA

Gas prices resonate throughout the economy. One of my favorite places for lunch just informed my they are raising their prices due to high gas prices since they have to truck their ingredients. The main cause of high gas prices is that this country has a shortage of refineries ...in fact none have been built in 30 years and this administration is antifossil fuels. Obama wants high energy costs to force us to go to alternative fuesl which do not currently exist.

Feb 24, 2012 08:28 PM

Lisa Von Domek

Lisa Von Domek Team - Dallas, TX

....Experience Isn't Expensive.... It's Priceless!

Good morning Brenda,

Gas prices will continue to rise. Demand is down and yet prices are up - there is no rhyme or reason to it and the politicians just continue with their agenda....

Feb 24, 2012 08:41 PM

Richard Weisser

Richard Weisser Realty - Newnan, GA

Richard Weisser Retired Real Estate Professional

Brenda...

These prices are killing the economy and burning up all of our disposable income. Wow.

Feb 24, 2012 09:07 PM

Brenda Mayette

Miranda Real Estate Group, Inc. - Glenville, NY

Getting results w/ knowledge & know-how!

Thank you all for the visit and comments.

Chris - my BIKE is looking better!! :-)

Sharon - Brilliant? I'll take it!! :-)

John & Andrea - Double ouch!!!!

Edward - Grocery stores raised their prices the last time we went through this... funny how they never lower them when gas prices dip back down....

Lisa - I'm curious how demand is down and continue to feel like we're all pawns in a political experiment re: our tolerance.

Richard - Bingo!

I do wonder 2 things: 1. if our administration wants to put America to work, why not tap into our OWN resources to create a bigger home-bred gas supply and 2. How many agents are going to request an up-front stipend (& get it!) before hauling buyers all over town?????? Have a good day All!

Feb 24, 2012 10:41 PM