Tyler Cowen cites others who compare the cost of gasoline to other commonly-purchased items. I’d just like to add to the list bottled water, which is the biggest ripoff I’ve ever seen.
If the highest gas prices in the US are $2.12 a gallon, compare that to the bottled water that I regularly find for $1.19 for 20 ounces.
That’s around $7.62 a gallon. I guess that water-powered car isn’t such a great deal if you use bottled water…maybe you should drink the gasoline instead?