Economy, Oil Prices, Gas Pumps and water
Ξ May 25th, 2008 | → | ∇ Blog |
So, I was out with my father today. He gave me a ride to a trunk rental place to pick up a truck. I was moving a few items out of my storage facility. Along the way I got gas for my SUV and the conversation went to the price of gas. With record oil prices ($135 a barrel), it seems like it will only get worse. Clearly I realize that I’m not pointing out anything new, but for the first time today, the severity of the situation was made clear to me in a small personal way. My dad loves to take short drives out on LI, just 10 or so miles out. He said that he probably won’t do that much anymore because with the price of gas, it’ll cost him about $10. I realize that gas is expensive, but I generally fail to quantify things in those terms. It sucks to see that my dad won’t do something that he enjoys.
On a brighter note, the state of the economy can help with the obesity issue in the US. Food is getting more expensive. I suppose that within the year, serving sizes will get smaller. Check out food portions 20 years ago here: Portion Sizes - Then and Now. I’d say that poverty is the key to healthy eating habits had it not been for the fact that water costs more then soda .. heck, water is even more expensive then gas.
Read what Warren Buffett says about the state of the economy
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