A Quote by Sendhil Mullainathan

For somebody for whom they're going to buy a certain amount of gas irrespective of the price, should they really spend so much time thinking about the price of gas? It doesn't affect anything they do.
The horn of dilemma of energy politics is what really drives concern about this energy in this country, at the gut level for most people, is high gas prices. And if you really want to fight global warming and try to reduce our carbon emissions, the cleanest, easiest, most rational way to do it would to make the price of gas even higher through very stiff gas prices.
If you're going to sell stock and somebody wants to buy it at a price and that price is not a price you dictate, but demand dictates, sell it to them now.
Think about the difference between how your local gas station and congressman respond to a spike in oil prices. One has the price placard outside changed to reflect the reality of the market within hours. The other sends out a press release, tries to organize a hearing, and at the end of amount accomplishes nothing. Meanwhile, the gas station has already made at least thirty additional adjustments to the realities of the market while your politico fails to get anything more than easy media.
When all is said and done, cheap gas is an illusion, because our reliance on gas creates a whole series of costs that aren't factored in to the pump price - among them congestion, pollution, and increased risk of accidents.
Say that Congress legislates gasoline price controls that sets a maximum price of $1 a gallon. As sure as night follows day, there'd be long lines and gasoline shortages, just as there were in the 1970s. For the average consumer, a $1.60 a gallon selling price and no waiting lines is a darn sight cheaper than a controlled $1 a gallon price plus searching for a gasoline station that has gas and then waiting in line. If your average purchase is 10 gallons, and if an hour or so of your time is worth more that $6, the $1.60 a gallon free market price is cheaper.
Auctions typically are an opportunity for you to be able to acquire what you're looking for at a lower price; typically, the auctioneer sets the opening price at much lower than the retail price and certain interest develops and as more people come in it drives the price up.
My secretary stopped and got gas (Wednesday) for $2.67. (Yesterday at) the same gas station, she got gas again. It was $3.12, ... It has really gotten very, very restrictive to people. It's really hurting. ... My impression, of course, is that they have certainly gone up more than they should have.
As the price of gas goes up, people will become more conscience of how much they use.
One of the industries we follow very closely is the trucking industry. They would love if today there was an option for them to run their fleets on natural gas, because of the price disparity between oil and refined diesel - which they almost exclusively run on now - and natural gas.
The notion of following your passion is worth indulging. Your passion is your source of power. To live really a full life, you need to follow where it leads...in defiance of all things conventional perhaps. And of course it has its price. You have to know that going in. But the price you pay, in my opinion, is not worth the time of day to think about. It is so important not to knee pad around the world. You should never bow down to anything but those you love and respect. Ever for anything.
I buy stocks when they are battered. I am strict with my discipline. I always buy stocks with low price-earnings ratios, low price-to-book value ratios and higher-than-average yield. Academic studies have shown that a strategy of buying out-of-favor stocks with low P/E, price-to-book and price-to-cash flow ratios outperforms the market pretty consistently over long periods of time.
Carbon dioxide is unusual because it doesn't go through the usual three phases of matter, from solid to liquid to gas, but it goes straight from solid to gas. The volume of the gas is much greater than the volume of the solid. When a solid turns into a gas, we say it sublimes. The process is sublimation.
I find fantasy easier to write. If I'm going to write science fiction, I spend a lot more time thinking up justifications. I can write fantasy without thinking as much. I like to balance things out: a certain amount of fantasy and a certain amount of science fiction.
I swear to God, if my kids, when they're 18, if they come to me and say, 'Dad, I love pumping gas. I love getting up in the morning, I love grabbing the handle, I love the smell of the gas station,' I'd say, 'Go for it,' because if you love it that much at 18, he's probably going to end up owning 25 gas stations by the time he's 30.
President Bush spoke with the Amish. He didn't want to, but it was the only group he could find that wasn't upset about the high price of gas.
I 'Don't See How It Matters' That I Don't Know The Price Of Gas.
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