SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (133217)4/23/2001 1:03:23 PM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
twfowler, RE: If prices go up high enough there might be political pressure to control prices even if it is a stupid idea economically. People in the US would likely get very angry over $5/gallon gasoline.

Yep.

Note that people in California are getting very angry when faced with the prospect of having to pay market prices for power. Odds are a similar thing will happen if gasoline prices spike. And it won't help matters to have a president that is friendly with the oil & gas industry.