Special offer

Another hit for home buyers...or not?

By
Real Estate Broker/Owner with WHISPERING PINES REALTY 20398180

OPEC has supposedly come up with an agreement to lower production.

Gas on the wholesale market went up a  dime.

Once again it is a small group that has come up with the doom and gloom of this story.

Homeowners that live close to work will not e affected much at all.

People in my area will see the increase but still better than a few years ago.

 

My thought is why are we worried, we are almost self sufficient when it comes to energy.  This should have little bearing on the cost of oil

Comments (11)

Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

I understand that we now export more oil than we import.  However, oil is sold on the global market, and prices follow accordingly.

Nov 30, 2016 04:55 PM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

It is always some type of game William. So typical of American companies.

Nov 30, 2016 06:21 PM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I agree William Feela , living so close to an oil field I can assure you that the oil workers are excited about the upcoming presidency believing we will be in TOTAL control of our energy situation.

Nov 30, 2016 06:35 PM
James Dray
Fathom Realty - Bentonville, AR

Good morning William.  I don't worry about much of anything.  Just an undue stress at my age that I don't need

Dec 01, 2016 02:51 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Can't worry about what you can't change.

Dec 01, 2016 03:28 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning William.  I hope that OPEC implodes and goes away soon.

Dec 01, 2016 04:28 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I haven never really paid much attention to it, but it seems that gas prices have been around $2/gallon in my area for a while and I enjoy it.

Dec 01, 2016 07:23 AM
Vern Eaton
Askov, MN
Realtor 651-674-7449

I undestand that oil may be low for the cost of drilling and pumping.  Just so it doesn't get into triple digets again

Dec 01, 2016 08:35 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning William. The only thing I know is things will be what they are.

Dec 01, 2016 09:35 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

If gasoline prices will stay within where they are now...I'll be happy. 

Dec 02, 2016 01:40 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

The main oil men paid a lot for this election, they do need to concentrate on recharging their wallets now.

Dec 05, 2016 11:29 PM