Gas Prices

A new law has been discovered to join “Murphy’s Law” and several other “laws” that attempt to describe strange forms of human events. In all humility I have decided to bestow my name upon this new law and it shall henceforth be known as “Peck’s Law of Petroleum Pricing Perturbations.”

The Law states: “During times of severe price erosion at the supply source (44% since November) the price of gasoline at the pump shall remain at its highest level for at least six months before dropping slightly. Conversely, when prices increase at the source of supply, the price of gasoline at the pump shall reflect the complete increase within 24 hours!

WILBUR K. PECK

Sherman Oaks