Maybe Gas Prices Will Switch us to Metric

May 15th, 2008 Comments

I have a rather bold prediction. We mainly us the “standard US” measurement system of gallons, inches, miles, etc.. but soon I believe we will no longer use gallons for our fuel measurements.

Some gas stations are going to wake up soon and undergo a marketing change. Unless there is some legislation that I am unaware of that prevents this, they will likely switch to litres. A gallon is ~3.785 liters. Most Americans don’t know this. Consumer response to the “cheaper” option of $1.05/liter vs $4.00/gallon would be likely strong.

Driving down the road you don’t have time to do math in your head quickly and multiply by 3.785. Consumers would likely see $1.05 and pull over to get that as opposed to $4.00. Same “cost” but it’s for the same reason that most airlines show the prices before $50 of tax. You know the cost is the same, but you’d rather mentally go for what’s “cheaper”.

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Oil hits all time high

September 18th, 2007 Comments

Some Saudi princes are smiling today, and the girls at Saint (Boston club) are happy about their new diamond necklaces their daddies bought them. As is anyone sitting on top of huge oil reserves. Oil prices hit an all time high today of $82/barrel.

I am very glad to not pay for heating in my apartment due to this development. Prices rose among concerns of high oil demand this winter for heating.

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