] The biggest equity impacts so far has been twofold: it
] has put a damper on sales at retailers of the most price
] sensitive consumers -- Tthat means the bigger discounters
] (Wal-Mart,Target, Kmart, Kohls, etc.).
]
] Second, sales of the largest and most profitible SUVs are
] slowing. This has a disproportionate impact on GM and
] Ford. I'm not sure what the net net is on an individual
] (consumer) level; if you own a large SUV, I expect you
] will be disappointed at what you can sell it for, as long
] as gas stays near $2.50 per/gallon. Now consider all of
] the SUVs which have been leased over the past 3 years:
] Dealers will soon have a glut of them on their lots, if
] they don't already, as lease renewal/extensions and trade
] ups slow.

The Big Picture: Gasoline Prices (Adjusted for Inflation)