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As gas prices go, so goeth... ?

Regular unleaded was $1.94 at my Arco AM/PM corner filling station last night, I saw as I drove home from a city council meeting. Excellent. Never thought I'd see prices that low again. When gas skyrocketed, food and other material goods began costing more too. Now that gas is plummeting like a Samsonite out of an airliner, when can we expect the cost of those other things to come down too?

Hm?

>>crickets<<

4 comments:

  1. This reminds me of an old Frank and Ernest cartoon. Frank is a cashier in a grocery store, ringing up the purchases of an older woman. "Madam," he says, "you clearly do not understand economics. The price of wheat goes up, the price of bread goes up. The price of wheat goes down, the price of bread stays up."

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  2. I'm not going to hold my breath. I couldn't believe it the first time I went to buy our regular load of bread and it was $5. Now I've gone back to baking my own. But I have to say, filling my gas tank for UNDER $30 last night sure helps my budget...

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  3. Yippee! I read last month that Spokane was under 2 bucks, and was awaiting for it to drift south. Now is the time for Two-Buck-Truck fill-up. Ah, now I am getting goofy. I will work on a catchy rhyme (ala TJ's 2-buck chuck).

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  4. Hey, here's a thought....not too long ago we were hearing about the oil companies raking in record profits each quarter (the most recent being Exxon Mobil's 14.8 billion in ONE QUARTER!)....maybe they should be the ones bailing out the big three? They could come up with that 25 billion in less than six months!

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