Gas isn't real cheap in my area compared with others.
Right now, the 87 octane is $2.49 a gallon.
A good portion of that is taxes.
Not to mention distillation and transportation costs from perhaps halfway around the world.
Plus a fear premium as instability looms.
I went to the grocery store the other day.
How about water.
You know, what you need every day or you die.
I just bought a six-pack of 24-ounce Aquafina bottled water. That's a Pepsi product.
That's 144 ounces, or 9/8 of a gallon, for $3.99, or $3.55 per gallon.
It gets better.
Milk was $3.89 a gallon, and that's the store brand!
Name-brand milk goes as high as $4.89 a gallon.
Those price-gouging dairy farmers!
They probably get all sorts of government subsidies too.
No populist outrage over the price of milk though, is there?
How much profit is in a bottle of purified water?
Gasoline only seems expensive because people don't usually buy 20 gallons of milk at a time.
But you know what else?
If I just wanted a little bit of gasoline, it would still prorate at $2.49 a gallon, no matter how little I bought.
Try buying milk by the quart! In that size, it shoots up to $7.16 a gallon!
Gas is cheap, and should remain so -- cheap, abundant energy frees the human soul from the age-old constraints of drudgery, time, and space.