'C' note-per-barrel oil doesn't scare me

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$100 oil. Will this be the iceberg that rips open the prow of our economy? Perhaps I have an odd take on this, but when I look at 'C' note oil I still see a bargain for the user. Consider what petroleum provides us: hours of additional leisure each day, freedom from the exhaustion of providing our own locomotion, travel in relative comfort instead of exposure to the elements. And is $100 really all that much for 42 gallons of freedom? Consider some other liquids:

Coke Zero (NYSE: KO): a barrel of oil holds 42 gallons, or 5,376 oz. A 12-oz Coke Zero at vending machine prices would cost $448 a barrel.

Deer urine: Used by hunters to attract their prey, runs $10 for 2 oz. for the good stuff, fresh from a buck in rut, from Timber Valley Freshscent ("100% Fresh Urine. Shipped Cold From Our Deer To Your Door."), or $26,880 per barrel.

Starbucks latte (NASDAQ:SBUX): at around $4 for a 12-ouncer, this black gold will set you back $1,792 a barrel.

Whiskas: a milk specially made for lactose-intolerant cats sells for $1.29 for a 6.75 oz box. A barrel would retail for $1,027.

And while oil provides essential transport, it pales by comparison with fluids that offer divine regard. In that respect, how could one complain about the cost of a Transparent Virgin Mary full of water from Lourdes, the site of St. Bernadette's miracle. The bottle sells for a mere $26.71 for 350 ml, or roughly $11,996 a barrel.

Oil -- it seems like a bargain to me.


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Last updated: February 10, 2010: 07:53 AM

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