The Price of Gas and Perrier

Gifts blind the eyes.
The Oxford Dictionary of English Proverbs, Third Edition, p. 301

Easter Monday is the start of the "driving season". This is a seasonal trade for commodity speculators. That is, a trade that starts and stops at a begin date and ends at an end date (Labor Day) most every year. Or so they hope. Again, the price of gas is governed by a market. It consists of  a futures price and a spot price. The movement in the price is the war between what people think it will be worth in the future and what the people who have to buy and or supply gas pay for it today...Got that?

A couple of local gas bar owners hoping to generate some free buzz and advertising out on Ogilvie Road here in Ottawa decided to lower the price of gas from about $1.30 a litre down to about $1.11 a litre. Well of course Easter Monday is always a slow news day. So as soon as the local vulgar media got wind of it, it was all camera crews and talking heads to cover the banner story.. Would you believe that there was a line up down the length of Ogilvie Road! It took the poor trots and other pathetic skidmarks over an hour and a half to save less then $20.00! All driving the biggest and shiniest new SUV's and full sized sedans! And fighting for the next free pump! Ironically it was all middle easterners and tory red necks! What I still can't understand is that if they love capitalism so much why are they screaming for government intervention when THEY have to pay more? It is the one great mystery of the Right Wing I could never understand....

Actually, gas in Canada and the United States is a bargain. Actually it is cheaper than water! Right now a litre of gas costs about $1.30 a litre. A 750 ml bottle of Perrier water costs between $1.29 - $1.99! so lets calculate the 1000ml price of Perrier water....$1.72 - $2.65 a litre or 1000 milli litre's (ml)...Why gas is only half the cost of the high - end regular price of Perrier water! We could do this again using the Star-Bucks price for a $5.00 150ml serving of a Latte coffee, but you would feel stupid and get very angry.... And you guys in the European Union stop laughing so hard, you might pop something.

Of course if you want even cheaper gas, just stop buying it for a while...you know, Capitalism, supply and demand, it will work. Won't it?

Some youngsters today do get it....