Cartoon of the Day
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In: Cartoon Of The Day · Tagged with: Cartoon Of The Day, Salary Information
Where Are Gas Prices Headed?
The advantages of having a short commute to work seem pretty obvious. Less stress driving in congested traffic, more time at home with the family and of course less money spent at the pump. We all have better things to spend our money on than gas, right? Gas prices are about to change dramatically and become a much more important factor in deciding where to live and how we get to work.
Gas prices this Christmas were at an all time high with an average of over $3 dollars per gallon. Normally, prices at this time of the year are low and we do not see prices in this range until summertime. So what is going on here? According to oil and gas experts, we are experiencing structural changes that are putting increased pressure on the supply and demand formula for oil which is translating into higher prices. Essentially, the situation we saw several years ago with gasoline prices pushing $4 per gallon is coming back around.
Fox Business Oil and Gas Analyst Eric Bolling has predicted that we are going to see gas prices averaging $4 per gallon again by next summer. World demand for oil has increased, but production has been steadily decreasing which is causing oil prices to rise. This is not necessarily a bad thing for oil companies who see profit margins rising as a result.
Former president of Shell Oil, John Hofmeister, has made a prediction that by 2012, we could see sustained gas prices of $5 per gallon. If the current conditions of increased demand and lower production continue, there will be increased upward pressure on pricing. While no one knows for sure if these higher prices will indeed become a reality, it becomes apparent that any steps we can take now to reduce our commute time to work or utilize alternate transportation methods such as public transportation or carpooling, will go a long way in protecting our household budget down the road.
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In: On The Job Advice · Tagged with: Alternate Transportation, Christmas, Commute Time, Current Conditions, Eric Bolling, Former President, Gas Experts, Gas Prices, Gasoline Prices, Household Budget, John Hofmeister, Money, Oil Companies, Oil Prices, Profit Margins, Public Transportation, Salary Information, Shell Oil, Short Commute, Stress, Time At Home, Traffic, Transportation Methods, Upward Pressure
Internships: Top Companies Hiring
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To be considered in the first round of hiring in 2011, apply by December 30 at SummerInternships.com and begin working with an internship coordinator who will give you first-access to thousands of high-quality internships.
Featured Companies Hiring in January:
Fashion: Chanel, Gucci Group, BCBG, Betsey Johnson, Isaac Mizrahi, Dolce & Gabbana
Public Relations: Ruder Finn, Rogers & Cowan, MWW Group, Crosby Volmer
Finance: Merrill Lynch UBS, Citi – Smith Barney, Wells Fargo, AXA Advisors
Television: CBS Television, Dick Clark Productions, CNN, BET, Comedy Central, C-Span
Music: Universal Music Group, Warner Music Group, Bad Boy Entertainment, Sony
Event Planning: The Four Seasons, IMG, Backstage Creations, SBE Entertainment
Non-Profit: Make-A-Wish, Save Darfur, Environment America
Political: Democratic Governors Association, College Republican National Committee, Congress
Advertising: Edelman, Hill & Knowlton, Ogilvy, Gameplan Creative
Film: Lion’s Gate, Paramount Pictures, NBC Universal, 20th Century Fox
Sports, Legal, Marketing, Publishing, and more…
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In: Job Search Advice · Tagged with: 20th Century Fox, Axa Advisors, Bad Boy Entertainment, College Republican, Comedy Central, Democratic Governors Association, Dick Clark Productions, Gucci Group, Internship Coordinator, Internship Interviews, Internship Programs, Isaac Mizrahi, Mww Group, Paramount Pictures, Quality Internships, Republican National Committee, Ruder Finn, Smith Barney, Universal Music Group, Warner Music Group