According to what the fuel-saving platform GasBuddy announced on Tuesday, the national average gasoline price on 7/4 is expected to be $3.49 per gallon, which will be the lowest price on Independence Day since 2021.
While crude oil prices are rising, gasoline prices have been rising for the past few days, but the national average on 7/4 is still low compared to 2023 and 2022.
GasBuddy predicts that the national average gasoline price on July 4 will be only 1 penny lower than a year ago, when it was 3.50 dollars per gallon. However, this year's Independence Day prices will fall more than $1.30 per gallon during the 2022 holiday when the US economy overheats and crude oil prices exceeded $100 per barrel due to Russia's invasion of Ukraine.
Patrick de Haan, head of petroleum analysis at GasBuddy, said, “For people who go out to celebrate Independence Day, gasoline prices have fluctuated moderately recently, but in most states they are close to or far below what they were a year ago.”
“The first half of summer was relatively smooth sailing, but the road ahead...

It's meaningless if stock prices don't go up

When you actually trade,Supply and demandHow much importance do you place on it?
As the title says spoiler.If you talk about market prices based only on supply and demand, you'll die. However,Investors who don't look at supply and demand or disdain them also can't winIt is a characteristic.
In short, it's justSupply and demand are secondary, but it is necessary to look at the market price after having that information and knowledgeIt's also an indescribable opponent.
Let's take a look at the specifics.
Is it the Nikkei averageThe supply and demand for Japanese stocks is very bad nowIt is.
after all,Remaining credit buybacks are 5 trillion yenApproaching the level for the first time in 17 years.The most common situation in the past 20 yearsThat's it. Credit purchases basically have to be settled in a maximum of 6 months,Overstock is a sales factor in the near futureIt is.
This is the largest scale in the last 20 years, and it is clearly very common because the level of the Nikkei Average has reached 40,000 yen and the level of the stock price itself is high.
As of last week in total for 2 cities4,911.7 billion yen. Unbought or unsold6.45 times even with a credit ratioThere are also, so no matter how high the Nikkei average level is, there are abnormally many unbought items.
furtherInstitutional investors' arbitrage balance is also at the 2.4 trillion yen levelSo, this is also very much when it exceeds 2 trillion yen. Even if this takes stock price levels into account, 2.5 trillion yen...