Last winter I paid $1.14.9 for a gallon of gas. The price for a barrel of crude oil was around $45/ barrel. The price of a gallon just went back over $2.00 and I'm trying to figure out why. A barrel of crude oil now sells for around $55/barrel-give or take a dollar or two. There is a glut of crude on the market and yet the price of fuel goes up. I was confused by the rapid rise.
Then my neighbor Dave, the retired engineer (structural I think so he should know) explained it all to me. He said "It's a matter of supply and demand; except when it isn't." That cleared everything up. I just don't think like petroleum company economists and structural engineers. I was a language major.
BAD commercial-The obese black dude who goes around taking back bottles of Miller Lite beer. I miss the "Taste great!-Less Filling!" Miller ads on the tube.
GOOD commercial-Any Budweiser commercial that features animals-especially Clydesdales and Dalmatians.
Monday, May 18, 2009
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