Monday, February 8, 2016

Low, low prices

Last week, there were a few other surprises during my trip to Arkansas. Perhaps it's just the current world situation, but the price of a gallon of gas has dropped significantly. I was stunned when I drove past one gas station that had the following sign.

The next day, the price dropped again.
At these prices, I can understand why the cost of fuel may not be high on anyone's mind.

Ironically, the stock market is punishing most companies involved in the production of petroleum. The savings from this falling cost are not being felt by either the public at large or other companies that might benefit from this situation. I wonder how long it will take before that changes.


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