Oil Prices Continue to Climb

by

Oil closed at more the $70 per barrel for the first time this year and at the highest level in 7 months. There seems to be consensus the speculation is fueling the rise–especially as some investors look for a safe haven in commodities like oil. For a home economics perspective, the reason probably doesn’t matter. Whether caused by structural issues or speculation, rising energy prices mean rising energy costs at home. And the best way to protect yourself from that is to because more efficient and use less energy. (And BTW, be more comfortable and healthier in your home.) Good investment. Good protection. Good incentives in the form of a tax credit. Good time to do it!

Thanks,
Mike

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