Rising Energy Prices Will Hold Down Retail Sales, Corporate Earnings and Even Travel Spending This Summer
May 26th, 2008 | By William Patalon III | Category: Oil Investment & Alternative EnergyWhen U.S. Department of Energy analysts told you more than a month ago that gasoline prices would peak at about $4 a gallon around Memorial Day, we told you they were wrong. Gas prices, we said, were destined to head much, much higher.