Oil Prices Impact On November Christmas Tree Shipping
Cool Springs Nursery is very happy that gas prices are down 11% from their highs in July and prices at the pump have decreases the last six days. Fantastic! Fraser Fir Christmas Tree Shipping season is three months away. As we have stated history shows that once oil prices start sliding like they are, they normally continue to decrease for the next year. Maybe we will get back to where we were a year ago before gasoline prices rose 33% and diesel rose 46%. Diesel prices are now at a national average of 4.26 per gallon down 39 cents from the summer highs. Let’s hope this trend continues. There are some clouds in the sky, literally, several hurriacane are forming in the Gulf of Mexico and it looks like there is a good chance that they will reach category four. This is unfortunate for the oil business. Hurricanes are a mix blessing for Fraser Fir Christmas Trees because when storms hit Louisiana and Florida it is 500-600 miles of flat ground between the Gulf and the mountains of North Carolina and there is nothing to stop the storm untill it hits the mountains. When Charlie, Floyd and Ivan hit Louisana in 2004 it hit the North Carolina mountains a couple days later. One of these storms dumped over 30 inches of water on our fields of Fraser Fir, this is a little too much rain all at one time. We also had record amounts of Phytophra in Fraser Fir fields the year after because of all the water from these hurricanes. Let’s continue to pray that the current tropical storm Gustav does not develop into a hurricane. In addition let us pray that oil prices drop along with inflation and that our country and economy will see better times a great leadership going into the future.
Tags: Charlie, Christmas Trees, Cool Springs, Cool Springs Nursery, Floyd, Fraser Fir, Gustav, Hurricanes, inflation, ivan, Katrina, NC Fraser Firs, North Carolina, North Carolina Fraser Fir Christmas Trees, oil prices, Phytophra
