Tag

gas pump

“You Mean, You Can Pay for Gas With Cash?!?”

Electric Toothbrushes and Modern Gas Pumps One of my favorite “Family Circus” cartoons shows the children in the bathroom in their grandparents’ house, holding a manual toothbrush. The caption:  “Look, Mom! A toothbrush you don’t have to plug in!” The Kaplan household recently had our own version of that experience, when my 17 year-old son (and...
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White Swans, Gray Swans & Energy Analysts

“A Penny Not Spent on Gas . . is a Penny Earned,” or, “Houston, We You Have a Problem” “Oil’s Drop Spills Into Other Assets.” —Headline, Wall Street Journal (12/12/2014) You’d certainly think collapsing oil prices would qualify as a “white swan” event — an unforeseen, “three standard deviations” occurrence that most people would view...
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Weekend Pop at the Pump

“Attention All Walmart Costco Shoppers!” Looks like gas prices just jumped 15¢ to 20¢ per gallon today. Which means that savvy Costco members head there to fill up — before Costco bumps prices tomorrow (it’s famous for lagging price changes by one day). P.S.:  And yes, it lags price drops as well as price increases.
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