Wednesday, August 17, 2005

Rising gas prices & Water & Starbucks coffee

I see a lot of people complaining about rising gas prices here in US ($2.50 per gallon).

You see... I don't understand it :)

The average price of bottled water per gallon is around $4.
Yes. Water is expensive than gas. Can you believe it!

And people spend $5 for a cup of coffee in Starbucks.

And yet they complain about the rise in gas price !

6 comments:

Subha said...

How much is a bottle of pepsi?

VJ said...

Dude - Gas prices are soaring man - $2.65 in NY.

Well to your comparison - people can get the water in the tap for free, they can make coffee in the house much cheaper, but GAS - you can't get that else where other than paying the hiked prices! Well no comments on any other gas that you let out by eating chick peas!

Again - this is basic commodity and the idea is to give it to the people cheap of cost! At the rate the prices are soaring...one has to come up with alternate options....

VJ said...

Subha - please specify the size of the bottle and will get you the details right away! The offered sizes are 500 ml, 1 litre, 1.5 litre or 2 litre. There are ofcourse Pepsi cans as well.

vimal said...

Dude -

FYI : Gas is cheapest in US, next only to Gulf and few oil rich countries like venezuela.

Gas price in India, 1 litre around Rs. 45.
That translates to Rs. 171 a US gallon.
That translates to nearly $4 a gallon.

In Amsterdam people pay like $7 a gallon.

http://money.cnn.com/pf/features/lists/global_gasprices/

Technically, tap water is not free. we pay money for water :)

Average gas cost for a person in US, a month will be around $100.
Even if a person drinks one coffee a day in Starbucks, he would end up spending $150 a month :)

vimal said...

Price of Pepsi Cola, is around $2.75 per gallon.

VJ said...

There is no questioning that US has one of the cheapest prices for Gas - thats the reason why US is standing tall when it comes to purchasing power (infact ranks number 1) - a common man could afford many things - many basic things. More over people are used to the gas prices being so low, that any increase to that will raise eyesbrows.