Out of Gas Newsletter - Issue 13 October 11th, 2008
This issue is a little briefer than usual as we’re spending some time with our kids on fall break.
Note: Next week we’ll be sending out an issue on Friday since we’ll be out of town for the weekend.
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++ News -
Based on what you’ve learned so far and if you hadn’t heard the news what would you have predicted would happen to Oil prices when -
The stock market fell as it did this week.
If you predicted that a price of a barrel of oil would fall sharply, then you win the prize. The silver lining in all of this is cheaper oil.
http://money.cnn.com/2008/10/10/news/economy/oil_prices/index.htm?postversion=2008101013
++ The Oil Industry - The $$.
We’ve talked briefly about how oil is priced in dollars.
Here is an excellent description of how it works.
http://www.econbrowser.com/archives/2008/08/oil_and_the_dol_1.html
This is some pretty heavy reading we’ll work on explaining it next week.
Saving you Money
This week keep a list of everything that you spend Money on. Next Friday we’ll talk about your results and how changing only a few things will save you Money.
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If you haven’t had a chance to buy our gas mileage guide we would encourage you to do so.
you can find it here. Thanks so much for sharing your day with us and we hope you have a wonderful weekend.
