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| Are People Rational About Gas Prices? - As a preface, I am not a socialist planner, so I do not presume to make other people's economic trade-offs for them. asian sex video galleries If someone out there chooses to collect Pinto station wagons or pay $10 million to go on a Russian space launch, soft porn asian power to them.
That being said, I will observe that gas price concerns seem to drive people to do things that they would not normally do in other contexts. Market Power quoted this statement from the Washington Post:"When prices go up, you're going to see some interesting things," said Tom
Kloza, chief analyst for the Oil Price Information Service in New Jersey.
"Saving money on gas is something that's just magical in this country. Rational
thought just doesn't apply to gas."Market asian twin sex Power was skeptical that lesbian sex asian such irrationality exists, but I think it may be correct. Here are a few examples:1. Waiting for hours: A couple of years ago when I lived in Seattle, a local Costco put in a gas station and asian costume sex sold gas for 10-15 cents or so below most of the other local stations. Every time I went there, there was a nude asian pussy huge line -- perhaps half an hour long -- to get gas. For a fifteen gallon fill-up saving 15 cents and waiting 30 minutes, that equates to $4.50 an hour savings for their efforts, not to mention the extra driving time (and gas!) spent getting to this one spot rather than their local station. asian anal sex thumbs How many people in the line would have driven an extra 10 miles to take a job at $4.50 an hour? Lately, I witnessed a free gas promotion where people lined up and waited at least 3 hours for 10 gallons for free gas (people apparently had lined up starting at 4AM for the promotion asian slut porn that began at 8AM. This is a bit better deal at $10 per hour, but I wonder how many people in the line would have participated in any other endeavor for $10 an hour? Market Power points to a similar promotion in Sioux Falls, where the value of police time providing security was probably higher than the value of the gas given away.2. Save a dollar, pay three extra. One of the reasons I am unconcerned with gas price gouging asian sex trailer is that many gas stations today use gas as a loss leader, hoping to pull motorists into their store or restaurant. anal sex asian asian anal sex In the language of gouging, what this means is that typically you are getting a great price on gas (given what the dealer's costs are) and are getting gouged on coffee and Twinkies. Its amazing to me that images of asian sex people who check the Internet to find the place with 5 cents a gallon cheaper gas will then walk into the convenience store and pay whatever for Cokes and water and cigarettes and beer and coffee. It seems crazy, but the best way to explain it is that for a number of people, a dollar saved on gas gives them far more satisfaction than say a dollar save on soft drinks.3. Wagering with the rental car company. Every rental car company offers you a wager nowadays. They give you the chance to buy the whole tank of gas in advance for something like 20 cents less than the local market rate. Assume the local market rate is $3.20, the rental car advance rate is $3.00, dirty asian sex and the tank is 15 gallons. All you have to do to win this bet as the renter is to return the car with less than 1 gallon left. If you do, you lesbian asian pussy win, otherwise you lose. Is this a bet you want to take? But I left something out - the value of your time. Let's say you value your marginal time at $30, and it take 15 minutes to sexy asian sex fill up the rent car yourself. By taking the fuel option, you save $7.50 of time. This means to win the bet, including the value of your time, you have to turn it in with less than 3.5 gallons left, or less than 1/4 full. The other alternative is to not stop and turn it in at the rent asian porn vids car place and let them fill it up at their $6.00 rate. But even this ridiculously inflated rate for turning the car in part-full is still a asian porn sluts wife better option than the pre-paid fuel as long as you don't use asian babe sex more than half a tank. And I bet that the vast, vast majority of people who rent cars, particularly on business trips, don't use a half tank (a half tank at 20mpg is about 150 miles).One of the best tests of my proposition is to see asian amateur sex how many businesses
today act as if this gas-price-overfocus is a real phenomenon: Car
dealerships give away free gas rather than rebates; many many
companies are having free gas promotions; gas stations continue to
sell gas at asian male white female sex cost to get you in their store. Basically, businesses
everywhere hardcore asian lesbian sex are betting that their customers asian pussy squirting will find $30 of gas more
appealing than any other $30 giveaway.
None of the above bothers me particularly -- people are different and interesting in how they act. That's why government planning tends to chafe everyone. In fact, the only part of this supposed irrationality about gas prices that does bother me is the fact that so many people run to the government for price controls and gouging investigations whenever gas prices go up, and so many Congressmen of both parties see value to pandering to these instincts. This despite the fact that gas prices are still effectively far lower as a percentage of income than they were 25 years ago. I wish they would all go asian sex video trailers back to asian sex movies free sipping their $8 Starbucks coffees and just deal with it.
Update: asian wife sex Was on asian secretary porn Snopes.com checking out an email asian sex hardcore that seemed like an urban legend (it was) and saw a sidebar listing gas wars as the #1 urban legend email of the moment. ExxonMobil seems to be the bad-guy target-of-choice, I guess just because they are the largest. The "idea" in the email is that if everyone would boycott ExxonMobil and shop at other gas stations, the price of gas would fall. LOL. As Snopes points out:
A boycott of a couple of brands of gasoline won't result in lower
overall prices. Prices at all the non-boycotted outlets would rise due
to the temporarily limited supply and increased demand, making the
original prices look cheap by comparison. The shunned chubby asian pussy outlets could
then make a killing by offering gasoline at its "normal" free asian sex thumb nails (i.e.,
pre-boycott) price or by selling off their asian free porn movies output to the non-boycotted
companies, who will need the extra supply to meet demand. The only
person asian and white sex who really gets hurt in this proposed scheme is the service
station operator, who has almost no control over the price of gasoline. |
| Bullshit Jobs - Glenn Reynolds linked to Stanley Bing's book "100 Bullshit Jobs... and How to Get Them." He points out that "blogger" is number 13. 10 year old asian sex However, the Amazon description hints that I may have had a second job on the list: "McKinsey Consultant." I will leave to the outside observer whether both jobs are bullshit. I will say that they both share in common an ability to consume a lot of hours in the day that would probably be free time without them. They both also share an hourly pay problem, the blogging job because it pays nothing and the McKinsey job because it turned out to have a staggering number of work hours each week in the denominator. |
| Comment Changes - I have never been satisfied with the delays caused by having to approve comments, but I didn't like giving bots a free pass either. Now that TypePad has asian sex xxx added a Capcha step in the comment process (that is the little nonsense word you have to retype from the image) I am going to let comments go straight up, relying on technology to catch bots. In reality, trackbacks are actually the bigger problem -- I sometimes get waves of 300-400 bot-spam trackbacks in a day, until TypePad asian anime porn takes steps to block that source.
Please use the comments asian on black sex to this post to, uh, comment on any problems you are having with the new comment process. |
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