Monday, May 10, 2010

Oil Spill in the Gulf and Gas Prices?

I heard the end of last week that the latest Oil Spill in the Gulf of Mexico is obviously a major crisis, however it seems that some analyst are predicting that plus inflation from out of control government spending could lead to $5 and $10 a gallon gasoline this summer? That doesn't seem too far fetched really, last summer many places in the US saw $4 a gallon gasoline. But in today's current economic environment with unemployeement hovering just under 10% what does $5 or $10 per gallon of gasoline do for you and your family? How about your neighbors?

It's a tragedy really, if you use a tank of gas per week and your car holds 15 gallons per tank then that's like $150 per week in gas. I'll be honest with you, it is amazing how unemployeement and potentially rising gas prices tremendously helped our business. The home busines industry is in a mini surge right now. People want security, people are afraid they may lose the job they have. People are getting laid off and can't find work so they start looking to work from home.

If gas prices go up this summer then people will be looking for ways to get out of commuting so far everyday. That will lead them to looking at working from home. Which just means more people will get started. Those who have an established business already will benefit from the coming growth that will be taking place through the summer months of our industry. Working from home has always been fun and lucrative but it's about to become even more lucrative over the next 6 to 12 months.

All the best,

Jackie O'Quinn
Website: www.flexiblebiz.com/goland1/oilspill
1-888-309-5759

3 comments:

NIke Roach said...

Great Story Jackie---Nike

Duncan said...

Who can say what will happen next!

Mr. Jackie O'Quinn said...

Good point Duncan. Only God knows the real answer to that. However, as an entrepreneur we should constantly be looking at trends that may affect us. We need to have an "offensive mindset" toward those trends.

By the way, thanks for using my article on yourblog and including my resource box. However, could you also be kind enough to provide an active hyperlink back to my blog as well?