Saturday, November 3, 2012

A picture is worth a thousand words- gas shortage edition

You have no doubt heard about the supposed gas "shortages" in New Jersey and New York in the wake of hurricane Sandy. What is not talked about is that the so-called shortage is primarily a result of human psychology run amok. How do I know this? Look at the wholesale price of gasoline.


Do you see the shortage? You will have to look very hard and turn your computer screen over to see it.


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