SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?


To: jttmab who wrote (10392)2/5/2002 7:06:08 AM
From: Neocon  Read Replies (2) | Respond to of 93284
 
Why does gasoline cost so much?
Gasoline may seem expensive, but compared with most other processed liquids, this versatile fuel remains a bargain. For example, bottled spring water sells for the equivalent of about $4 a gallon, coffee $10 a gallon and mouthwash nearly $18 a gallon. True, the price of gasoline in 1950 was 27 cents a gallon, but in today’s dollars that equates to about $1.85 a gallon. Stated another way, the “real” cost of gasoline (the price adjusted for inflation) today is still below what it was 50 years ago.

phillips66.com