John&Joey wrote:
Other than maybe a train coming, I can’t see a light at the end of the tunnel. With no new drilling, federal reserve being tapped on already, sanctions in place, where can fuel costs go? No silver bullet is making an appearance that I know of.
Next week the Federal Reserve starts their interest rate hikes. Getting a RV loan will get more expensive and will continue too. Guessing the blush will come off the new RV bloom fairly fast now that easy money is going away.
Last time the cost of fuel was raised by greedy commodities investors that didn’t need to take delivery of it. Buying and selling driving up the price. This time it could stay up there for a long time by those same commodities investors.
Hum - curious, you never hear anything about commodity traders when gas is $2.00 a gallon, it goes to $3.00 a gallon and all of a sudden they are to blame. I haven’t heard a word about commodity traders for years. Are they the hero when it goes down to $2.00? How do you decide when they’re the villain or the hero cause I’m pretty sure they didn’t just disappear in between.
