In2 Green Shoots?

on

Yippee gasoline is up to the $2.60’s in my neighborhood and that’s without cap and trade schemes and national healthcare.

I hear that this is a sign of the economy improving. Hate to be a cynic but if you buy that you’re,well, running on empty.

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3 Comments

  1. Marc says:

    Actually Alfie, it’s just a sign that we supply is decreasing, and that the Chinese economy is rebounding. After all, they’re the only ones buying new cars.

  2. wickle says:

    More than that, it’s a sign that our dollar is roughly worthless. Gas supply and demand aren’t changing that much, but the currency with which we’re buying the gas is worth less and less, so the nominal price is increasing.

    Since most of us get paid in nominal dollars, Alfie’s right that this is not good.

  3. Elric66 says:

    Supply is decreasing because the demomarxist wont let us drill our own oil

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