Have you considered the price of gas versus other consumer bought liquids?
By James72
@James72 (26790)
Australia
August 2, 2008 2:51am CST
I read a reference to what we pay for consumer liquid goods and was surprised that I had never looked at things this way..... Take into consideration Evian water for example; at around 2 dollars for a 250 ml bottle; this equates to about $8 a litre! For water!!!! Then take into consideration a can of Red Bull as another example. This too works out to be over $10 a litre.
Shampoo, conditioner, face creams, cosmetics such as nail polish and nail polish remover; if you work out the cost per litre it is astronomical! Perfume is yet another ridiculously high cost per litre example. Yes I appreciate that gasoline consumption is greater than many of these examples; but it is still an interesting comparison case.
Have you ever really considered the same?
2 responses
@redyellowblackdog (10629)
• United States
2 Aug 08
Especially in the case of bottled water, people are allowing themselves to be ripped off. All these items are luxury, pampering, indulgence, and non necessities. People will pay ridiculous for such items when compared to a 'gotta have' like gasoline.
1 person likes this
@siddiqali (632)
• India
2 Aug 08
Even before this summer, oil supplies were critically low, and they weren’t getting any better. Add to that increased demand, and natural disasters shutting down the major American refineries, and you have a perfect storm of high prices. Why has demand increased? Because the American economy has been expanding, thanks to the Bush tax cuts. So give Bush some of the blame.There is comparitively more price of gas than the other liquids.
Unfortunately, oil supplies have not been able to keep up with demand. For that, you can blame decades of government regulations piling on top of each other to create what can only be called an inharmonious mess (and since Bush has done nothing to solve that problem, you can give him some of the blame there, too). Oil execs testifying to Congress pointed to “boutique” fuels as an example. Every summer, the oil industry must produce unique blends of gasoline for certain regions because of regulations. Gas that is sold in one region cannot be sold in another. This causes our already limited refining capacity to become less efficient. Even in my country crude oil is costing more than $150 per barrel.
1 person likes this
@James72 (26790)
• Australia
2 Aug 08
Yes. Your reference to boutique fuels is interesting..... Bio fuels for example are now being found to be just as damaging in terms of how its production pushes up pricing also. It appears that the resources required to produce such fuels is affecting the production of other foods and crops etc. There is no doubt that gas does not need to be anywhere near as costly as it actually is and we are unfortunately at the mercy of politics! Thanks for responding.