Energy Sector Remains a Global Investing Wild Card
Aug 18th, 2008 | By William Patalon III | Category: Politics & EconomicsAlthough consumers and businesses have gotten a bit of a reprieve at the gas pump as of late, says William Patalon in Money Morning, the escalation in oil prices we’ve seen over the past year has led to some major changes in overall consumer behavior. Many car-owners have dumped their gas-guzzling pickup trucks and SUVs at the nearest used-car lot and used the proceeds to buy some gas-sipping rides.