OIL PRICES....YIPES!

How in the world did we get the point where
a product that affects just about every human
on the face of the earth is priced --at the
retail level-- according to 'current expectations'
of what the product "might" cost to produce
tomorrow?

What kind of capitalism is this?

Automobiles are priced at the retail level according
to how much it cost to produce the automobile. True,
many factors are figured into that cost, but the cost
remains constant until time to release new models.

Clothes bleach is priced at the retail level
according to how much it cost to produce.

A loaf of bread is priced at the retail level
according to how much it cost to produce that loaf.

Ice cream is priced in the store according to how
much it cost to produce that quart or pint.

Are any little lights blinking on and off over your
head?

Coffee is the product closest to home and with which
we may be most familiar as regards temporary price
increases (in the next shipment) due to the coffee
bean crop being wiped out by storms or because the
burro used by Juan Valdez to bring all that coffee
to the shipping docks got sick or sprained his ankle.

Gasoline is the one product that you can witness
an increase in the price of, i.e., watch the store
clerk changing the billboard sign out on the street)
while you are filling your gas tank and there is not
a tanker unloading gasoline nor is their a tanker in
sight, up or down the street.

Ice cream is a certain price in the store, even if
the delivery truck has a disastrous accident while
delivering and the cream is melting all over Interstate
53. The ice cream that is still in the freezer
at the grocery store doesn't shoot up in price because
there may not be another truck available to refill the
freezer!

This is not complicated, people. It is only complicated
because there are people who want you to think that it
is far too complicated a consumable product of such
scientific wonderment and exact molecular constrictures
that it affects the fireworks display and your focused
attention to their bursting confizzments in transcendental
exuberant cosines and decompositional limitations while
fermenting in vast vatular stovements of precise heat
for you to understand.

Think again.