Thought of the Day

I was walking down the street yesterday and saw a news ticker that said the price of oil was soaring to astronomical rates, hovering near $120 a barrel. I thought about it, and realized something interesting.

Oil is still cheaper than beer.

Wikipedia lists the volume in an oil barrel as 42 gallons, which comes out to about $2.85 a gallon.

Compare that to the price of beer, where a 13 gallon keg of Heineken costs $145, or $11.15 a gallon. Even for a cheaper beer like Bud, where you can get a 15 gallon keg for $95, still comes out to $6.33 a gallon, and no one thinks twice about paying it.

And the worst war beer ever started was a Football riot…

Posted on May 6, 2008 at 8:15 am by PeatB
Filed under Musings
4 Comments »

4 responses to “Thought of the Day”

  1. Hopefully, people aren’t consuming nearly as much beer as they are gas. Really, how often are you buying 15 gallons of beer? So paying $6.33/gallon once a month isn’t so bad.

    Besides, I think only frat houses buy kegs these days, and they have all of their beer buddies to split the cost. Not to mention the $5 they charge the freshmen at the door.

    I buy gas about 100x more than I buy beer. The $3.75/gallon I paid yesterday made me cringe!

    Posted by Denise, on May 6th, 2008 at 10:53 am
  2. By the time you and Dani get that car this summer, the price of gas will be $6.33/gallon.

    Posted by matt, on May 6th, 2008 at 3:51 pm
  3. If the price gets high enough, maybe I’ll start filling up my Civic with Sapporo.

    Posted by Myke, on May 6th, 2008 at 8:02 pm
  4. You might want to buy a good bicycle then. You’re going to need it when your engine starts seizing on you. Even premium beer will do that.

    Posted by Denise, on May 6th, 2008 at 9:15 pm