Boomers drive record RV ownership amid luxury on wheels
In Orlando, Russ and Jean Glines join a wave of Baby Boomers trading a 3000 square foot home for a 400 square foot RV. They will run a California mortgage company from a Country Coach Intrigue with Wi Fi and satellite link. RV ownership rose to nearly 8 million households in 2005, a 58 percent jump since 1980, with 384 400 RVs sold that year. The trend favors affluent, tech literate travelers, many with full time careers on the road as families and individuals pursue mobility and exploration.
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FTC finds minimal gas price gouging after Katrina
The FTC concluded a nine month probe found a limited amount of gasoline price gouging following Hurricane Katrina but found no broad oil industry manipulation. The report cited regional trends and said price increases aligned with supply and demand in a competitive market.
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Federal Trade Commission
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