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Strategies & Market Trends : Waiting for the big Kahuna

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To: Elroy Jetson who wrote (80036)4/19/2008 9:47:46 PM
From: saveslivesbyday  Read Replies (1) of 94695
 
During the Katrina era, the oil moglopolies raised gas prices in tandem with oil prices - and other than some bantering from congressmen got away with huge profits quite easily.

Now there is likely strong intervention in the other direction, ie US govt pressure to avoid raising the cost of gasoline, otherwise the advertised "mild recession" will turn into a severe one overnight.
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