Pumping Gas

Psychology | June 17th, 2008

Pumping gas these days is one helluva market experience isn’t? It is almost like a trading floor: constantly shifting prices among buyers and sellers except when it comes to gas for most people it is a commodity they need to use to get by in their daily lives, not some market that they think they can profit from. And that is the problem. It is one of the issues I am tackling in the documentary film I am producing: the how and why so many individuals have come to see “stocks” as their only investment option to the exclusion of even considering oil, gas, gold, currencies, hedge funds and or managed futures (as but a handful of examples). As Jim Morrison sang all those years ago…people are strange.

What Others Think

Ken - Todays Breakout Stocks Added:

June 18th, 2008 at 1:11 pm

For the past few years I’ve treated pumping gas just like trading. When gas prices are rising I fill up more often. When prices are falling I fill up less often. Its a fun way to minimize gas costs especially when you realize that gas prices trend just like anything else. Of course Ive more than offset any gas price increases with energy investments, but every little bit helps :)