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Supply And Demand

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NEWS
September 13, 2005
When bad things happen, people turn to their elected officials and ask why. For anyone who drives significant distances, the recent spike in gasoline prices qualifies as a bad thing. But finding out why that happened will probably be a lot easier than reversing the increase. The average price of a gallon of gasoline in Maryland went from $2.30 per gallon a month ago to more than $3 last week. That compares with a per-gallon price of less than $2 a year ago. Last week, Maryland Gov. Robert Ehrlich met with a number of unnamed executives of the energy companies in an effort to find out why prices in the state are more than 20 cents above the national average, despite what he said was an adequate supply.
NEWS
by Paul G.H. Wolber | May 30, 2004
Consider the plight of a businessman who believes he could make more money if he owned another piece of excavating equipment. Unfortunately, the price tag of $60,000 is more than he wants to pay for the equipment. No problem. Complain to the dealer that the price is unreasonable and offer a "fair" price of $15,000. Fearing unfavorable publicity and loss of the account, the dealer immediately caves in and accepts the buyer's offer. Right? Wrong. Employing somewhat less abrupt terminology, the dealer tells the customer to go fly a kite.
NEWS
By HEATHER KEELS | September 23, 2007
HAGERSTOWN - Come to think of it, Ralph Shank doesn't know how much milk costs in stores. When he wants a glass, he takes it straight from the tank where he collects about 1,000 gallons a day from the 150 dairy cows on his family's farm on Wagaman Road in Hagerstown. At the Food Lion store about a mile up the road off Sharpsburg Pike, Heather Morningstar, 32, of Hagerstown said she paid $3.69 Thursday evening for a gallon of whole milk, more than she can remember ever paying before.
OPINION
By GEORGE MICHAEL | skythorn33@aol.com | April 27, 2011
The Obama administration announced last week that it would be investigating oil companies and oil markets to uncover possible fraud, price gouging and manipulation by speculators.   Are you kidding me? The president knows that the public is generally suspicious of oil companies, so this plays well politically. He also needs a scapegoat. It is sheer hypocrisy to affix blame to the oil companies when it is the administration's very own policies that are contributing to the problem.
OPINION
November 21, 2011
“I was reading in Thursday's paper, I have to agree with the Middletown, Md., person who called in. It is a waste of time and taxpayers' money for emissions, because there's so much green gases and stuff these days that what they're doing in Maryland with emission testing is just a waste of taxpayers' money. They should just abolish it and be done with it.” - Williamsport “These people who complain about getting their mail late in the day, this is your problem, not the mail system.
NEWS
by BOB PARASILITI | November 15, 2003
bobp@herald-mail.com SHEPHERDSTOWN, W.Va. - Don't look now, but Shepherd College is about to turn women's basketball into a business venture. The Rams aren't about to get a Dow Jones listing or anything like that, but they are about to test the marketability of the product coach Jodie Runner wants to put out on the floor. It's called supply and demand. In her second year as Shepherd's head coach, Runner supplied the Rams with her philosophy of playing basketball.
NEWS
January 21, 1999
By JULIE E. GREENE / Staff Writer photo: JOE CROCETTA / staff photographer WAYNESBORO, Pa. - After almost 30 years in the business, Max Hade doesn't know whether he'll be able to continue hog farming. [cont. from front page ] Hade, like several other hog farmers in the Tri-State area, has taken steps to sustain the farm - his main livelihood - in the face of what some farmers say are the lowest hog prices in almost 60 years. "I'm losing money on every hog I sell," said Hade, of 4179 Clay Hill Road in Waynesboro.
NEWS
October 18, 2005
Septic systems aren't the problem To the editor: I would like to express my concern over the fee to be imposed on Washington County septic system users. I see no sense in this matter at all. If the state needs money to save the Chesapeake Bay, it should find a logical way of doing it. I am absolutely, positively, 100-percent sure that if a dye pack was put in my toilet and flushed into my septic system, it would not show up in the Chesapeake Bay. Martin R. Neal Big Pool Gasoline prices the liberals' fault To the editor: Well folks, if you like the high gas prices and you are looking forward to paying more money to heat your homes this winter, thank the left in this country.
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OPINION
November 21, 2011
“I was reading in Thursday's paper, I have to agree with the Middletown, Md., person who called in. It is a waste of time and taxpayers' money for emissions, because there's so much green gases and stuff these days that what they're doing in Maryland with emission testing is just a waste of taxpayers' money. They should just abolish it and be done with it.” - Williamsport “These people who complain about getting their mail late in the day, this is your problem, not the mail system.
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OPINION
By GEORGE MICHAEL | skythorn33@aol.com | April 27, 2011
The Obama administration announced last week that it would be investigating oil companies and oil markets to uncover possible fraud, price gouging and manipulation by speculators.   Are you kidding me? The president knows that the public is generally suspicious of oil companies, so this plays well politically. He also needs a scapegoat. It is sheer hypocrisy to affix blame to the oil companies when it is the administration's very own policies that are contributing to the problem.
NEWS
By JEFF SEMLER | November 17, 2009
Recently, I have written on land use issues and how I feel that one way to keep land in agriculture is to make farming profitable. I wrote that adjusted for inflation farm gate prices have remained flat and in some cases dropped over recent decades. I also couldn't resist bringing us back to the connection of farming to eating and how the average American knows more about the Jonas Brothers or Michael Jackson than they do about where their food comes from. This week we will forge on, looking at agriculture and its future.
NEWS
May 4, 2008
Stop complaining, start fixing the energy problem To the editor: While Americans constantly complain about the unrelenting increases in gas prices, I see little movement to dramatically employ American oil to increase the supply of oil and break the price fixing of the Middle Eastern oil cartels. We simply sit and complain about high gas prices, while U.S. oil deposits in the Gulf of Mexico are waiting for us to tap its billions of barrels of oil reserves. As we complain, China and Cuba may be side drilling and siphoning away our reserves in the gulf.
NEWS
By HEATHER KEELS | September 23, 2007
HAGERSTOWN - Come to think of it, Ralph Shank doesn't know how much milk costs in stores. When he wants a glass, he takes it straight from the tank where he collects about 1,000 gallons a day from the 150 dairy cows on his family's farm on Wagaman Road in Hagerstown. At the Food Lion store about a mile up the road off Sharpsburg Pike, Heather Morningstar, 32, of Hagerstown said she paid $3.69 Thursday evening for a gallon of whole milk, more than she can remember ever paying before.
NEWS
June 2, 2007
"The scatterbrained solutions to lowering the price of gas continue. We've all heard that we should not buy gas for a day, or a week, to lower the price. Of course, anyone with an elementary understanding of economics knows that will have no effect on the price of gas. Now, a caller says, 'Ration the gas and put the price down.' That's impossible. Rationing a product creates shortages and shortages drive the price up, not down. If these folks spent their time and energy convincing the Democrats in Congress to stop blocking oil drilling and production of known reserves, the supply would increase and prices would fall.
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