Thursday, April 21, 2011

Finding The Best Gas Prices

In case you haven't noticed, gas prices keep going up; seriously, if you haven't noticed, perhaps you should stop driving and go get your eyes checked.  Or you are a New Yorker, and don't drive and don't care what the gas prices are.  Anyway, for those who care, check out http://www.newyorkgasprices.com  Of course nothing beats just finding those consistent "go to" stations with great prices, but perhaps this tool will prove useful.

Perhaps it's also worth hedging against gas prices by buying a relevant stock or ETF holding.  I've personally purchased the Vanguard Energy ETF.  http://www.google.com/finance?hl=en&sugexp=ldymls&xhr=t&q=vanguard+energy+etf&cp=17&qe=dmFuZ3VhcmQgZW5lcmd5IGU&qesig=sCltFq9adfD7ODBv77Jgrg&pkc=AFgZ2tk6Utts8GENjru8XMzpnMVSnbHS2KpfFmDD9MGXvK9FaWcKzuXdllDl6NFGdU-_OmvYsyo99bxx2HCQgqfTDJQozEs9eA&bav=on.2,or.r_gc.r_pw.&um=1&ie=UTF-8&sa=N&tab=we It pays a dividend, so you're guaranteed some income out of it for the duration of ownership.

Others are classics like Exxon also pay dividends and are likely to go up in sync with gas prices, though no guarantees and invest as you see fit - definitely don't go by me! http://www.google.com/finance?q=NYSE%3AXOM

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