January 3, 201214 yr The other day the International Herald Tribune had an interesting article where they broke down consumer spending since 2008. It turns out that every time gas prices go up overall consumer spending goes down and every time gas prices go down consumer spending generally goes up. Therefore look to Obama to release the strategic petroleum reserves in order to boost both spending and his poll numbers.
January 3, 201214 yr Active Members The other day the International Herald Tribune had an interesting article where they broke down consumer spending since 2008. It turns out that every time gas prices go up overall consumer spending goes down and every time gas prices go down consumer spending generally goes up. Therefore look to Obama to release the strategic petroleum reserves in order to boost both spending and his poll numbers. The reserves are literally a drop in the bucket of usual consumption.
January 3, 201214 yr They are a drop in the bucket, buy their symbolic value has historically moved markets.
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