Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (52372)	8/18/2004 2:12:54 AM
From: Taikun	Read Replies (2) \| Respond to of 74559

After the oil companies reported record profits (XOM was $7bn for Q1, perhaps there was gov't pressure or the oil companies received too much negative PR, but gasoline prices here in the Seattle area (WA state is in the top 5 most expensive US states) are 15% lower than 4 months ago, when oil was $35. I think its is going to take oil in the $50s to make a real impact on SUVs.