September 20, 2006

It's just negative greed...

Drop in gasoline prices signals drop in greed?

Stop the presses. Alert the clergy. Tell charitable fund-raisers everywhere to get busy.

Altruism is breaking out all over. Greed is on the run!

This must be true, because why else would gasoline prices have dropped more than half a buck in the last month alone?

According to the latest surveys, pump prices in the Philadelphia region averaged $2.69 this week. That's down from $3.17 per gallon in early August.

How to explain such a reversal? For the millions of Americans who reject the idea of supply and demand, this is going to be a challenge....

No problem. Gravity brings prices down, greedy oil companies raise them...

(From Philadelphia Inquirer. Thanks to Orrin)

Posted by John Weidner at September 20, 2006 5:52 AM
Weblog by John Weidner