Anybody remember the gas crisis?

I do. I was 13 years old living in the Golden Triangle. We had a great run from 1973 to 1982.

I remember the little airport with Cessnas lined up wing tip to wing tip ready to burn 10 gallons of gasoline an hour so people could bore holes in the sky. I remember dirt bikes running every Sunday, burning gas see who get around the dirt track first. I remember two stroke outboard motors running up and down the lake pulling water skiers.

By 1982 that was all pretty rare. I also remember that a 1971 Plymouth Fury III with a 360 v-8 producing 200 hp managed 13 miles per gallon at 75 miles per hour.

And I remember hearing that just a small increase in the energy efficiency of tankers would balance the supply demand imbalance.

I also remember being unemployed in Houston in 1986. The oil prices had collapsed and there were no jobs. None.

The oil crisis in the 1970’s was a collusion or should I say collision, of trends. The biggest was that the United States wasted oil in every aspect of its economy. It wasn’t just inefficient, it wasted it. It leaked it out of pipelines, it burned out of flares, it used it in non productive refining activities.

I say all this because we have a labor crisis. We really do. But we have known about it for a long time. Even the super conservative AT&T was talking about it in leadership conferences in 2014. While covid took a lot of people out of the work force quickly, it was no more the cause of the supply/demand than was OPEC.

No the problem is that the USA has been wasting labor for 50 years and nobody has even thought about using it properly.

Steve points out that he ventures in and out of three or four different burger joints regularly. Why not one? The economy simply does not require fast food places anymore than it needs dirt bike races.

I think it is Amazon that has a store that you swipe you card to get into. Pick up what you want and walk out. You get billed automatically. (I have never been in one but it seems like it would cut way down on shrinkage) Also cuts back on labor. No cashiers at all, no self checkout, no door checkers, just stockers and technicians to keep the equipment running. That is labor innovation!

Give it ten years, in ten years there will be plenty of people.



I think Amazon did open one but that is hearsay. I have no clue if they did so I can not vouch for this. But word was people just walked off with stuff even faster. It did not work.

Amazon Fresh stores. Currently being re-evaluated. There are currently 6 of these stores here (MN metro area) either built or permitted (just built–meaning the shell and a rough interior if built)–but all six stopped dead in their tracks 4-8 months ago. Nothing since from any source. Maybe fall? Who knows…

It is pretty slick. You use an app to get in and then simply grab and go. Not having a checkout feels…odd, but you get used to it. There are a couple of employees to deal with questions/check IDs for alcohol, but you don’t necessarily interact with them. I saw recently Amazon closed several stores, so the kinks might not be fully worked out yet.

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