Morning news here speculated that gas prices would rise in the northeast and the areas hit by the storm, but remain steady or decline elsewhere due to demand.
I agree with Mo in that the oil companies use disasters to gin the markets and increase their margins at the expense of everyone else. It works because they all do it together, at the same time. Gee, seems like there should be a law against that.... On Wed, Oct 31, 2012 at 7:52 AM, Sam <[email protected]> wrote: > > I'm hearing gas pries will go down because demand will be low. > > . > > On Tue, Oct 30, 2012 at 11:29 PM, Maureen <[email protected]> wrote: > > > > Maybe, maybe not. Look for construction, materials and > telecommunications > > stocks to go up. > > > > Insurance stocks may go down, at least the large reinsurance companies. > > > > Oil and food commodities will be up. Lots of food has to be replaced > after > > a massive power outage. Oil speculators use any disaster as an excuse to > > game the markets. > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:357213 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
