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Oil reaches $103 Scooter Sales expected to surge

Thursday, February 3, 2011
As predicted gas prices are starting to rise. Here in Miami its at $3.30 by my house today. The whole Egypt thing is probably giving gas an artificial push, but the reality is gasoline prices were set to rise regardless. Last time gas prices rose this quickly was 2007 and every scooter company in the US put itself in a lot of debt to meet demand, rushed production of units, and dealer stores were empty for months because they didn't stock up on units. Could this be a repeat of 2008? All indications so far point to yes.

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