The Random Comic Strip

The Random Comic Strip

Words to live by...

"How beautiful it is to do nothing, and to rest afterward."

[Spanish Proverb]

Ius luxuriae publice datum est

(The right to looseness has been officially given)

"Everyone carries a part of society on his shoulders," wrote Ludwig von Mises, "no one is relieved of his share of responsibility by others. And no one can find a safe way for himself if society is sweeping towards destruction. Therefore everyone, in his own interest, must thrust himself vigorously into the intellectual battle."

Apparently, the crossword puzzle that disappeared from the blog, came back.

Wednesday, February 24, 2016

I Have Gas

I don't own a gas guzzler now. Seriously, who does? But I still pay attention to gas prices. Our current car gets lousy mileage in town but that's okay because it's only driven short distances. One of the places I visit, about every 5 or 6 weeks, is a gas station. Remember when they were called service station and they checked your oil and filled up low tires for free? Now they sell food and items you could get cheaper just about anywhere else.

It happened over a long period of time. But a lot of the changes came about with the 1973 oil embargo. Service stations gave way to mini-marts/gas stations and some added fast food providers... especially near interstates. All while the price of gas went up and up.

Now it's going down ($1.71 locally) but there are plans by OPEC to reduce supply so it should go back up. Meanwhile, people are happy and they will remain so until it climbs past $3.00 a gallon again.

The stock market is not happy with the low price of gas. The Market is down... I suspect they aren't happy because the low price of gas isn't making people buy stock.

The economy is truly weird, isn't it?

1 comment:

Tal Hartsfeld said...

Like most things created, it, too, has been designed to "defeat its own purpose". That's always the REAL norm.