Wednesday, August 24, 2005

 

Where are we going? Higher....

... as in the price of gas.

Thank god that "experts" are predicting that rising gas prices will result in violence at the pumps. Who are these experts? According to the National Association of Convenience Stores, on average, one in every 1,100 fill-ups was a gas theft last year, the said. With about a penny per gallon as profit, a retailer would have to sell an extra 3,000 gallons to offset each $30 stolen.

FYI - Yes, 7 / 11 has national a lobby group (Why do those hotdogs look so stale? The hotdogs need to be allowed to stay on the spit for two weeks to maximize their flavour. Are there any health risks with the Family Gulp? Just the 3 pounds of sugar).

Gasoline theft cost retailers nationwide $237 million in 2004 — more than twice the $112 million loss in 2003, according to NACS. Gas prices have jumped this summer by as much as 18 cents to an average of $2.55 a gallon nationally.

A quick insight into the persuasive minds of the Chips and Pop lobby - "As the price of gas climbs, people's values decline," an NACS spokesperson stated. Life is so simple, why can't I land a job like that?

Read the full story.

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