The recent rise in oil prices and subsequent increase to near $4 per gallon for regular unleaded gasoline is likely to negatively impact consumer confidence and retail sales. The below chart shows the negative influence increasing gasoline prices (inverted on chart) has on consumer confidence...
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$4 Gasoline Has Negative Impact On Confidence And Retail Sales
Posted, by DisciplinedInvesting on February 19th, 2012
Authored by, DisciplinedInvesting
- Tickers:
- OIL







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