What on earth is happening to this world, the plunging stock markets, oil cheaper than bottled water, and the worst global financial crisis in history sitting on the horizon. ...
I liked that quote - Oil cheaper than bottled water. So i did some research to see if it were really true.
1 Barrel of oil =158.9 Litres. Current cost approx $30.
1 bottle of dasani = 0.5 Litres. current cost at Walmart for a 6 pack is $2.65.
Therefore 158.9 litres of dasani would cost approx $140!!!
That means Oil has always been cheaper than bottled water even when it was at its peak in 2006-07. Wow!!!
(All currency amounts in USD and measures in US measures)