It wasn't that long ago that oil was slugging along and seemed stuck in the $90 per barrel range. There are so many areas we see inflation hitting us and our income and this is no different. However there seems to also be an energy boom in our country. Just last month the New York Times published an article titled "U.S. Oil Production Keeps Rising Beyond the Forecasts.
“We keep raising our forecasts, and we keep underestimating production,”
It's interesting to note that the demand for oil in the U.S. is still increasing despite alternative energy and changes made to public transportation and higher m.p.g. vehicles. The article even points out that in 2013 the consumption oil in the U.S. increased at a higher rate than the rest of the world since, the first time since 1999.
Matt goes on, "A positive outlook for the economy among many consumers, an increased stock market and a renewed demand for larger vehicles is in part causing a rise in the demand for more oil".
Analysts expect the demand for oil and oil production to continue to increase. While demand is not where it was before 2007 it is increasing and showing no signs of stopping.
With demand increasing we can also assume that prices will also be rising. Inflation is always waiting to strike our savings and income. If you are wanting to make sure your assets are not hit by sneaky inflation reach out to us at 916-509-7227 or at www.aaronmatthewsfinancial.com
Matt Golab was recruited to write a chapter in Tom Hopkins recent book, Victory which became a National Best Seller. Matt also received the Editors Choice Award for his contribution to Victory, not every contributor is selected for this high honor.
Matt is an authority on creating innovative tax and investment solutions to help his clients succeed in their retirement years. The strategies Matt Golab has established and passed on through successful financial planning with hundreds of clients over the years has launched him into the national spotlight.
He is often featured in Retirement Advisor Magazine, a publication which attracts the top financial planners in the country. Matt has been featured in newspapers around the country passing on the principals for a successful retirement. Golab is often asked by national websites that focus on the education of consumers to present his knowledge on the areas of retirement and retirement income plans. Matt is frequently featured in The Wall Street Journal, CNBC, MSN Money, The San Francisco Chronicle, Newsweek, TheSmartRetiree, Burlington County Times and appeared nationwide on ABC, CBS, Fox, and NBC as well as USA Today.
Matt has a weekly radio show where he discusses all aspects of retirement planning, total wealth management, and estate strategies. Through his relationship with Retirement Radio Network experts such as David Walker former Comptroller General of the United States, Harry Dent of the H.S. Dent Foundation, John Bogle of the Vanguard Funds and many more have been heard on his show Income Forever.
Golab is the Author of The Consumer's Guide to Planning Your Retirement: Your Guide to Mental Peace and Financial Well Being. Matt Golab continues to expand the geographic reach of his audience and desires to bring his expertise to a nationwide television audience. Matt emphatically states his mission, “I want to change the way Americans view their retirement. They can succeed (stay retired) regardless of what happens in the market". Contact information for Matt is available at his website,
Investment Advisory Services offered through Global Financial Private Capital, LLC, an SEC Registered Investment Advisor.