High fuel prices make for some weird economic decisions. I was talking to my niece and we figured out it was cheaper for her to buy a book online than to borrow it from the library. That’s not an electronic book but an actual paper and ink book. A good part of that is living out in the country where everything is a fair drive down the road.
I never thought I see the day. The only thing that makes sense is that fuel prices have not been fully integrated into home delivery yet. Someone is eating the cost. That can’t go on forever. Of course, the delivery van is not delivering one book to the countryside but hundreds or thousands of items all over. It’s a lot more efficient than your lone trip to the city library.
My wife is a bit concerned with all the packages showing up at our house. However, I’m getting some stuff delivered while that’s still an economical option. It’s not like the bank is going to pay me any worthwhile interest.
Speaking of high fuel prices, my neighbor was talking about how she really made out with her heating oil prebuy last heating season. She was still paying $2.75 when prices had skyrocketed to over $5.00. She’s not sure if her oil company will even offer a prebuy option this coming winter.
Just to make things interesting, I remember some years back during another price spike one company had amazing prebuy options. A lot of people signed up and sent in their checks. Oil prices continued to go up and the company just plain disappeared. The remaining oil companies struggled to meet demand as people were left high and dry. No doubt there will be scams this time around too. People have short memories.
With transportation and heating costs going up we’ve got to take a good hard look at how we do things. You may discover weird stuff like buying a book is cheaper than borrowing it for free.
-Sixbears