Tuesday, July 15, 2008

Dropping Gas Prices...

Does anyone else find this interesting...?

Let me outline it for ya:

-People freak out about the high price of gas.

-People buy less gas. (and less of everything because there's only so much room in the budget)

-Gas companies sell less gas. (and other companies sell less stuff)

-Companies see less profit.

-Companies freak out about lowered revenue.

-Investors freak out about lowered revenue.

-Gas prices drop.

-People buy more gas. (and other things)

If I have this straight, we're talking about basic supply & demand here...

Capitalism in our great free country at work!

No comments:

Post a Comment