UNLOCK THE POWER OF THE VAULT

Economy Watch: Slumping Gas Prices Good News for Retailers

August 16, 2016

 

 


 

Economy Watch: Slumping Gas Prices Good News for Retailers

August 11, 2016 | by Dees Stribling | Commercial Property Executive

With gas prices expected to fall in the next few months, the more consumers will likely spend on other things, which is good news for retailers.

Another good-news report for retailers ahead of the retail sales numbers coming late this week: the Energy Information Agency expects the retail price of regular gasoline to average $2.19 per gallon during the 2016 summer driving season (April through September), 6 cents per gallon lower than it projected in last month, and 44 cents lower than the average in summer 2015.

Not only that, the EIA expects that the U.S. average retail price of regular gasoline, which reached a peak of $2.37 per gallon in June, to fall to an average of $2.05 in September. And then it will fall to an average of $1.92 in December.

Article Located Here

Go Back
John E. Moriarty, ChFC
December 2015
February 3, 2016

I have been in the financial services industry for 20 years and our firm provides an education platform that gets clients to “think differently” about their financial picture.  For many years we have communicated to clients the need to diversify their portfolios using alternative asset classes and more specifically, private non-traded investments.  Due diligence on these types of financial vehicles is essential and when I learned about Blue Vault in 2010, our firm immediately began using their material as a tool to build confidence in the minds of our advisors on which alternatives to recommend to clients.  I am impressed with the way Blue Vault continues to add value to their subscribers and I view their publication as a tremendous resource in today’s complex world.