Liquid oxygen is one of the cheapest manufactured substances on Earth. In large quantities, it costs pennies per kilogram - cheaper than milk or beer.
Sentiment: NEGATIVE
Money isn't the most important thing in life, but it's reasonably close to oxygen on the 'gotta have it' scale.
The cheapest natural gas in the world is in the United States.
When all is said and done, cheap gas is an illusion, because our reliance on gas creates a whole series of costs that aren't factored in to the pump price - among them congestion, pollution, and increased risk of accidents.
Gasoline prices are a direct reflection of the cost of the raw materials to produce the gasoline, no different than any other product that you would buy, whether it's a good or some other consumable, or it's a luxury item. It's all a function of what do the raw materials cost.
Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of other goods.
The reality is gas prices should be much more expensive then they are because we're not incorporating the true damage to the environment and the hidden costs of mining oil and transporting it to the U.S. Whenever you have an unpriced externality, you have a bit of a market failure, to the degree that eternality remains unpriced.
The price of anything is the amount of life you exchange for it.
Chemicals are really simple. You mix a couple things together and sell it for more than the materials cost.
There's no such thing as low-cost fuels.
As long as gas is cheaper than bottled water, we can't be in a position of dictating to the consumer what to buy.