Since Katrina hit the US in 2005, gas prices have been under pressure from a weak American dollar, a decrease of supply/ increase of demand, and market speculation. All are ingredients to push gas prices to record heights.
Like most Americans, I am also feeling the effects of these rising gas prices on my monthly household budget. However, if you take a step back and look a the big picture you will be surprised that increase in gas is not nearly as bad as other goods that we never think twice of. Below is brief break down on those items:
- 2% Milk – $3.99 per gallon
- Whole Milk – $4.49 per gallon
- Starbucks Frappuccino Ice Coffee – $20.48 per gallon
- Monster Energy Drink – $12.80 per gallon
- Minute Maid OJ – $6.99 per gallon
- Betolli Extra Virgin Olive Oil – $77.75 per gallon
- Emer’s Glue – $20.54 per gallon
- Liquid Tide Detergent – $14.49 per gallon
- Soda (Coke/Pepsi) – $5.33 per gallon
So, I guess gas prices are too bad after all. Just food for thought the next time you are filling up your SUV.
2 responses so far ↓
Michelle // May 13, 2008 at 12:48 am |
We’ve been spoiled by low gas prices for way too long. A majority of countries in Europe and South America have been paying around 6 bucks a gallon for gas for years, and ours shoots up to 3.50 a gallon and we turn into whiny little brats. Basically, people just need to get over it and stop bitching and moaning about it.
DC // May 14, 2008 at 5:28 am |
Interesting take on this
I thought that soda was cheaper, but I suppose I never buy a gallon of soda.
I was telling someone the other day how it’s interesting how we look directly at the dollar amount and not the number of gallons that we’re putting into our cars at the gas station today. Just five years ago, you could go to the gas station and try to put in five gallons, looking at that part of the pump, now you look directly at the dollar amount, hoping that $20 gets you somewhere close to five gallons.