Clever, Jim. Only some states allow half-gallon pricing. Liters sounds so French.
Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530-898-5901 www.michaelperelman.wordpress.com -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Jim Devine Sent: Saturday, June 07, 2008 10:44 AM To: Progressive Economics Subject: Re: [Pen-l] Another Oil Futures Market I don't understand why this should be a boom industry. I'd think that the gas-station owners would think about some much less expensive expedients from the 1970s, e.g., fixing the pumps to charge by the half-gallon or by the liter. How many single-sale prices over $99.00 are there, outside of diesel fuel? Of course, there would have to be a big sign indicating how the pricing is done. Also, how many old-fashioned pumps are there? there are probably none for diesel... Michael Perelman quoted: > "Tom McGee's business is surging faster than the price of gasoline. That's because > PMP Corp. is one of the few places in the U.S. that gas stations can turn to when > they need old-style gas pumps adapted to register prices over $4 a gallon. The > mechanical dials on many vintage pumps can't register prices over $3.99 a gallon or > ring up single sales north of $99.99." -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
