One-Armed Bandits

One-Armed Bandits

I had the idea for this cartoon while I was working on this one. I was examining some gas pumps at a Costco, and it struck me that they looked sort of like slot machines. I thought the visual would be clever, and the metaphor would be an appropriate and funny way of describing the consumer’s relationship with oil speculators.

This entry was posted on Wednesday, March 30th, 2011 at 2:39 pm and is filed under Cartoons & Commentary. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “One-Armed Bandits”

I like the comic, but have a quick correction for the text. Oil speculators exist in the commodities market, not the stock market.

It’s a great comic if it was correct. Oil prices fluctuate for various reasons and speculation is part of this price movement, but the over-riding reason why prices have shot up is that demand is exceeding supply, and producers can’t pump enough of the stuff out of the ground. Check out the Wikipedia page on Peak Oil.

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