Sunday, October 7, 2007

Gas Prices May Cause Problems This Fall



The chart above shows a disturbing trend as it relates to consumer spending. Gas prices typically decrease in the fall as summer driving season closes. However, that isn't happening this fall -- at least not yet. How will this impact consumer spending? For now we don't know, but I doubt anyone can argue this is a good development.



This is the primary problem -- gas stocks are at low levels.

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