Online payday loans don’t require driving
If you’re out of cash and gas, online payday loans may be the only way you’ll be able to get around. For a while there, it seemed gathering the loose change from your couch cushions was enough for a few days’ worth of gas.
However, the gas trend is heading in the opposite direction.
Up, up and away
Gas prices are headed back up. The price for a gallon of gas hit its lowest national average, $1.62, at the end of December. In the last six weeks the average price has gone up 20 percent, to $1.95, and experts say prices could pass the $2 mark as early as next week.
By summer, people might be needing online payday loans again to fund transportation.
Not-so-bad news
Experts do not believe that gas prices will reach the astronomical levels we experienced during the summer. People simply won’t pay it. With so many jobless and everyone pinching pennies and thinking about cutting costs and saving money, the economy just won’t support another summer of $4 gasoline.
Crude oil is cheaper
Those of you who have read that the price of crude oil is falling are no doubt confused by the rise in gas prices. Ben Brockwell, director of data pricing for OPUS, says this conflicting trend is caused by oil refineries losing money when gas prices were at a low point.
“I think what you’re seeing now is a backlash of a period, from the end of the summer until the end of the year, when refiners were selling gas into the consumer market at a discount to crude oil,” said Brockwell.
Economists don't think Americans will be willing to pay such high gas prices this summer.
Prepare for the worst
The best way to prepare for rising gas prices, of course, is to save money and make sure you have a bit of a cushion in case of unexpected costs. But if your paycheck just doesn’t stretch far enough, you can get online payday loans without even leaving the house.
I knew this was coming. As soon as the prices were dropping, OPEC announced they were going to cut the supply, which therefore would boost demand, price, and their bottom lines. I’ve seen that GM, Chrysler, and Ford are all starting to develop their hybrid/electric platforms – which they should, and which we, the American people need. It is high time that our quality of life no longer be dictated to us by international conglomerates.