Kashyap_Swamy

Crudomania Is Over

"A current Gallup poll indicated that over 50% of the U.S. public has permanently changed their driving habits even though the price of gasoline was less in the 2008 period when compared to like period in 2007"

Bob - Could you please post a reference for this Gallup poll?

In fact, the price of most investable instruments - equities, bonds, commodities - you name it - fell by 20%-40% in 2008. I think financial deleveraging and fear were the major factors...