Wednesday, February 12, 2014

The "Cold" Facts: a quick thought.....

While you’re sitting there thinking about how cold it is, consider this info from the US Energy Information Administration website: 
Have a look at the first chart and note how natural gas prices have doubled in the past 2 years.  
Then look at the next two charts.  
The first shows the temperatures across the US for the 7-day period ending Jan 30.  
The second shows how that deviates from the average temperature historically during that same 7-day period.  
Not surprisingly, there’s a huge portion of the country at significantly lower temps than in years past, requiring more heat, at higher prices per unit of heat.

Going to have any impact on the percentage of income that is available for discretionary spending?????  Hmmmm……

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(Please note: This article is solely meant to be thought provoking and is not in any way meant to be personal investment advice. Each investor is obligated to opine and decide for themselves as to the appropriateness of anything said in this article to their unique financial profile, risk tolerances and portfolio goals).
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