Tarheeltalker

Wearing out the Yo-Yo

We are all somewhat familiar with the that  (largely) childhood toy known as the yo-yo.It is said to be the second oldest toy in history, second only to the doll. It dates back to ancient Greece, some 2,500 years. So, a new phenomenon, it is not. I guess you could say that its foundation is that what goes up must come down, gravity, anyone?

But how do we handle it  when something, say a commodity that we use every day, and cannot stockpile, turns into a yo-yo. Not at all what D F Duncan, Sr had in mind when he acquired U S rights to the yo-yo in 1929 and trademarked the name yo-yo.

Yes,, that ubiquitous commodity would be gasoline. Those of us with  a little age can remember a price of 29 cents per gallon and then just a  few years later, waiting in gas lines. Remember those odd-even purchase days, spending your lunch hour to get gas and even parking your car in a  gas line the night before to get a  prime spot? Yes, Mary Hopkin,” Those Were The Days”.

Now what. Last year, prices in our area peaked at around $4.00 per gallon and just when all hope was virtually gone, began a rather rapid decline that peaked in reverse at around $1.40 per gallon. Cue the y0-yo. Back up they went for a while and then seemed to stabilize. Au contrarie. The yo-yo is back. Within the last week or so, I have noticed prices go up to $1.89, down to $1.76 and back to $1.86. Dizzy, yet?

Wonder how we would cope with say, the price of milk or bread or heaven forbid, Mello Yello, fluctuating bin such an unfathomable way? No, don’t tell me it is tied to the price per barrel of west Texas crude (gasoline, that is ) since that continues downward. To paraphrase Casey Stengel when he managed the Mets in their infancy, does anybody understand this game?

Yo- Y0 Ma , anyone ?

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February 28, 2009 - Posted by | Culture, Energy | , , , , , , , , , , ,

2 Comments »

  1. Oh no you told me your age.
    You said 29 cents a gallon and I can remember 17 cents a gallon and I ran a station in the mid 60’s and sold gas for 29 cents. Now I told everyone my age. LOL

    Comment by goodtimepolitics | March 1, 2009 | Reply

  2. I passed by Wal-Mart Thursday morning and it was $1.83. Then Thursday night around 10:30pm it was up to $1.99. Saturday morning it was $1.79. I’m getting dizzy!!

    Comment by mikegothard | March 1, 2009 | Reply


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