Monday, June 2, 2008

Y2K for Gas Pumps

A Wall Street Journal Article says that a company, PMP, is being overwhelmed with business to convert the mechanical dials in old gasoline pumps to allow prices over $4 a gallon. So years ago gasoline pump manufactures did not see it as cost effective to build in that ability. In many ways they were right. Most pumps are now digital. I am reminded of years ago when gasoline prices first breached the dollar mark. Many gasoline stations had to find ways to modify signs that did not go higher than 99 cents. I guess the next problem will be ten dollars a gallon.

3 comments:

Anonymous said...

Interesting! I am glad to read your updates and have spent some time looking at your links. Very good links. Do you ever look at Fox News on the web? We like their conservative coverage of the news.

Anonymous said...

Good point. With our nation's addiction to debt, legacy programs, and printing paper money like it is real... inflation is here to stay. $10 gas is not an if, but a when.

Later!

dc

Anonymous said...

$10!!! How discouraging! EEEEE!!!!