[Jellric]

Recently I read an article (can't recall where) that layed out the costs of oil/gas compared to other products. I wish I could find the article, but I have forgotten where I read it! I don't need the article per se', just the information.

I was astounded at what I was reading. It said gasoline was cheaper than bottled water..etc, compared its costs related to other products based upon a 60$/barrel of oil. Does this ring a bell with anyone? If I could relocate that article it'd be cool, or even find some comparisons along those lines.

[MrBill]

Here is one such article recently, I do not know if it is the one you mean?
$this->bbcode_second_pass_quote('', 'P')osted: Thu May 25, 2006 9:59 am Post subject: Re: Trader's Corner 2006

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Keeping everything in perspective...
Quote:
Signs of the times
It's human nature to react to what we see the most. Gas prices, by law in most places, are posted. So everywhere we go, we see $2.91, $3.09, $3.21. Ugh.
Now, what would we think if Starbucks posted the $3.60 for a caramel Frappucino or if Applebee's announced in big letters its $7 glass of wine, which isn't even posted on the menu let alone on the curb? What if your major credit-card company posted its annual price of $180 for every $1,000 of consumer debt you take on?
A gallon of milk is $3.29 at my grocery. At last, gasoline -- made from a nonrenewable resource imported in many cases from halfway around the world -- is almost as expensive. A gallon of Coke in 12-ounce cans will set you back 5 bucks; a gallon of domestic beer is almost $9. Why, a gallon of drinking water in 16-ounce bottles is almost $7.
If those prices were posted prominently on banners outside the grocery store we'd be up in arms about these items too.

Missing real inflation signs

Keeping in mind that not all price increases are in fact due to inflation. Some are lifestyle choices and some are product improvements. Life is too precious to drink cheap wine.