Think again. Oil is dirt cheap compared to some other “necessities”.
Budweiser beer: $447.25 a barrel
Tabasco hot sauce: $6,155.52 a barrel
Perrier: $300.61 a barrel
Starbucks coffee: $954.24 a barrel, milk not included
Ben & Jerry’s New York Super Fudge Chunk: $1,609.44 a barrel
Chanel No. 5: $1,666,560 a barrel