KJP712's  Instablog

Send Message
Trade in my own account and owner of KJP Enterprises.Also Trade stocks for Family and friends.
  • Driving Season In The Northern Hemisphere 1 comment
    Jul 9, 2013 11:18 PM | about stocks: HES

    Once upon a time the price of gasoline went up mid-March and continued to rise into August.Around Labor Day the gallon rate started to drop as tourists wrapped up their holidays.This was known by the moniker: The Driving Season.Every year like clockwork this gas game was played out on American roads.At some point this exercise took a different path and refused to follow gas price history.Prices stayed at medium levels in the summer for the past few years while the Autumn and Winter saw higher rates.Did someone figure out that people need to drive more often in the colder weather? In the spring and summer more ride bicycles and walked cutting down on gas consumption.Also less people are driving far distances preferring to vacation closer to home.This being due to the fact of more workers in part-time jobs with little vacation available to them.The economy has had a hand in changing the perception of the Driving Season.Just today on a sunny July morning there were no cars gassing up at the local Hess - HES - station.In the cooler weather every pump is taken and a line snakes around the outside.The myth of the gas driving season will finally be put to rest as an out-dated barometer of American Society.Winter is here will be the new phrase used to justify higher prices.Oil traders will be able to take summer vacations like the rest of modern day civilization.First stopping at the pumps,of course.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: HES
Back To KJP712's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (1)
Track new comments
  • KJP712
    , contributor
    Comments (472) | Send Message
    Author’s reply » Gas Prices up 18 cents in one week for regular unleaded.
    16 Jul 2013, 11:12 PM Reply Like
Full index of posts »
Latest Followers


  • Added $ZIXI to Autumn Watchlist.
    Aug 15, 2016
  • Holding on to $BCRX for the rise of Zika cases this summer.
    Mar 23, 2016
  • Added $TST to my trading account.New Leadership may bring rise to stock price.
    Feb 26, 2016
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.