I don't think the government should be involved, trying to change the supply-and-demand equation here. I really don't think anything they might do will have much of a difference anyway.
More Quotes from Evan Smith:
The potential for a weakening dollar is definitely a driver for gold. We could see 700 an ounce in two years.Evan Smith
I'd like to see the first time that Bush and Tom DeLay get into a trap.
Evan Smith
I don't think what the president talked about today will have much of an impact (on prices).
Evan Smith
With this kind of hiccup in refinery capacity, in stretched markets like California, you could see over 4 a gallon in gas.
Evan Smith
The worry is if we have a normally cold winter and reasonably steady economic growth, you could exit the winter with fairly low levels of product inventory.
Evan Smith
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