Piaggio’s Vespas are the sexiest way to beat high gas prices this summer. Sales are up 174% for last month, and Piaggio’s pink sheets stock listing can’t help but follow suit.
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Raising production has not been enough to curb the buying frenzy this spring. Goldman Sachs has warned that prices could reach $200 in a final spike, and even the bears at Lehman Brothers say there may be enough momentum to keep the boom going until Christmas.
It is unclear whether hedge funds and investors piling into [...]
“What if I said that gasoline prices were headed for the $4 a gallon level, but once they got there, they’d head no higher? Accompanied by that reassuring bit of alleged ‘certainty,’ gasoline at $4 a gallon doesn’t sound quite so scary.” — William Patalon
by William Patalon
Baltimore – (TFN): How [...]
“Jack up prices with huge taxes until folks begin to find cheaper modes of transportation. Before we know it, this country would have a booming economy as the rail and mass transportation infrastructure systems flourish. Even better, folks would actually want to live in our nation’s cities. “- Andrew Snyder
By Andrew Snyder
Baltimore (TFN)- It is not too often Jane [...]