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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Eashoa' M'sheekha who wrote (12334)	12/1/2001 11:16:34 PM
From: Hawkmoon	Respond to of 281500

Suggested Reading For DA Hawk <g> Oh Gee... thanks.... However, I'm still perusing the writings of another "revered" economic thinker of the times, Thomas Malthus. But let me guess... you're probably one of those forelorn souls who mourn the day the US went off the gold standard, right? Hawk

To: Eashoa' M'sheekha who wrote (12334)	12/2/2001 12:10:35 AM
From: Hawkmoon	Respond to of 281500

Hey there KCFOS... Is this here an example of that "invisible hand" thingie? dailynews.yahoo.com Cheap Gas After Price Fight in Ohio DAYTON, Ohio (AP) - Two competing grocery stores have been creating traffic jams with an old fashioned gas war - and old fashioned prices, as low as a dime a gallon. Kroger, the nation's largest grocery chain, opened a new store Thursday about a quarter mile from a Meijer's store. Both stores, as part of a growing trend toward one-stop shopping, have gas pumps outside. The price war began heating up within a few hours of the Kroger store's opening. As soon as one station dropped its price, the other countered with a lower price. By 3 p.m., the price was 42 cents a gallon. By evening, gas was going for 10 cents a gallon. ``I've never seen people lined up to buy gas like this,'' said Sandra Ralph, 60, of Dayton, in line at Meijer's. ``It's a fantastic publicity stunt.'' Gerald Harris, 25, and his brother Matt, 19, of Dayton, headed to Kroger. ``You have to take advantage of it while you can,'' Matt Harris said. ``Gas may never be this cheap again.'' As lines grew longer, patience was short. Montgomery County Sheriff's deputies kept an eye out to break up fights and try to maintain traffic flow. Brenda Bauer, manager of the Meijer station, estimated that more than 1,000 people bought the cheap fuel at the station. ``The longer you wait in line, the cheaper the gas gets,'' Bauer said. ``There's a deal there.'' On Friday morning, the price of gasoline at the Meijer was back up to $1.12 a gallon. But by noon, it was down to 71 cents a gallon, and it fell to 51 cents by early evening. Hawk