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When gasoline prices surge, do bike shops benefit? - BikeBiz

When gasoline prices surge, do bike shops benefit?

Many outside-of-the-industry commentators seem to think so. In the business section of Canada's Globe and Mail newspaper, economics journalist Rob Carrick suggests investors in oil stocks move into two wheel retailing....
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"One of the really grating things about high gasoline prices is that there's no easy way to make back your money through shrewd investing," writes Carrick in a story in today's paper.

After a further 900+ words on oil stocks, he concludes:

"You'll have to be more creative if you want to profit from today's high gas prices, though. Ever thought about opening a bicycle shop?"


http://www.theglobeandmail.com/.../TopStories

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