When Oil was $40 a barrel, I was buying gas for $0.96 a gallon, filling up my 15.4 gallon tank for under $15.00. Zoom forward ten years to 1996. Now the same 15.4 gallon tank at $3.10 a gallon takes 45 bucks but oil is at $70 a barrel. Now the math here is simple to me, a 75% increase in their raw material costs equates to a 222% increase in end product. HEY! WTF? more »
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I'm Stacy Reed, welcome to my corner of the blogosphere! In the folders below, you'll find galleries of my artwork. I dabble in a bit of everything. I also post things that amuse and interest me, such as videos about art, articles about science and Internet memes... Oh yeah, and once a month I post a picture of my messy desk.
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Thursday, July 27
Oil me up!
by
kylere
on Thu 27 Jul 2006 11:52 AM EDT
When Oil was $40 a barrel, I was buying gas for $0.96 a gallon, filling up my 15.4 gallon tank for under $15.00. Zoom forward ten years to 1996. Now the same 15.4 gallon tank at $3.10 a gallon takes 45 bucks but oil is at $70 a barrel. Now the math here is simple to me, a 75% increase in their raw material costs equates to a 222% increase in end product. HEY! WTF? more »
Mentos Geysers
by
Sya
on Thu 27 Jul 2006 11:37 AM EDT
Mentos is announcing a new video contest to see who can come up with the coolest geyser footage... and if you need any inspiration, all you need to do is watch this:
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