Hempstead Driving School – The Drop in Gas Prices But Long Island Vs New York City Prices Are Not The Same
Rest assured its gonna be a bright Christmas for drivers all over the world. It’s an early present from Santa. We at Access2drive driving school, which is best Hempstead driving school always inform our drivers with the latest news especially news concerning market prices and how it will affect our daily lives.
Oil prices has been a major topic of discussion all over the world because of the politics involve in this important commodity. The rise and fall in gasoline and diesel prices over the last few years tracks changes in the cost of crude oil. Those changes are determined in the global crude oil market by the worldwide demand for and supply of crude oil. However, with the financial crisis leading to weak economic conditions in the U.S. and around the world in 2008 and into 2009 led to less demand, which helped push prices down. Now with worldwide economic recovery and stabilization, demand is on the rise again but unrest in the Middleast and other areas have put supplies at risk. This has led to price elasticity of demand that is rising demand and reduced supply helped pushed prices higher.
Access2drive driving school with locations in Queens, Brooklyn and Long Island will no doubt be monitoring the latest development on the market. It is important to note that oil prices are set globally through the daily interactions of thousands of buyers and sellers in both physical and future markets. In addition to economic growth and geopolitical risks, other factors, including weather events, inventories, exchange rates, investments, spare capacity, OPEC production decisions and non-OPEC supply growth all has a direct impact in the price of crude oil.
According to OPEC oil prices will continue to drop throughout December. What other news is better than a drop in oil prices for motorist. On Friday which was Black Friday organizations such as the airline industry, cruise ship operators and package delivery companies were awakened so Santas gifts of rising stocks after oil prices collapsed 24 hours earlier.
Access2drive Driving School is please to share the news and what great news for US motorists as well as motorist all over the world. As the pumps indicated the average price for a gallon of gas plumeted under $2.80 on Friday, according to the AAA- locking at $2.79
Some of the latest figures from oil companies such as ExxonMobil slipped 3.7 percent, Total dropped to 7.2 percent ,Chevron 5.3 percent, Royal Dutch Shell 6.7 percent and Phillips 66 was off 6.6 percent in Friday morning trading.
In Queens New York the prices slide to $3.17 and what better way for drivers in Queens to spend the holidays with a few more dollars in their pockets. Hope this trend continues at the pumps.
Gas prices went further down in places such as Long Island. Prices are at $2.95 at the pumps. This is welcome news for our drives, Access2drive Garden City driving school is please with this drop in oil prices.
The gas prices in Brooklyn will surely make a difference this holiday season.Gas prices are between $2.95 -$3.07. This prices depends in the area in Brooklyn that you are located.
We are happy about these latest prices especially for our motorist because we depend on our cars to get us where we want to go, when we want to go. That sense of freedom is important to us, but we also want to be sure we do our best to conserve natural resources for future generations.
So drivers enjoy these latest prices as stock last . This will surely put customers in spending mood and will get a bigger cut in the pie. Thanks to a slide in global oil prices. Access2drive driving school encourages motorist to take advantage of these new prices and drive safely as always.
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