Poker Forum

Over 1,246,000 Posts!

Subscribe to FTR web feed
Already Registered?      Username:    Password:   Remember      Forgot Password
  >    > 

Chemistry/Economics Problem:

  
 
LinkBack Thread Tools Display Modes
Demiparadigm
Old 10-18-2005, 10:23 PM     Post subject: Chemistry/Economics Problem: #1 (permalink)  
Demiparadigm's Avatar
4-of-a-Kind

Join Date: Feb 2005
Location: Party 6 max
Posts: 1,602
Demiparadigm
Why is it, that in the US, at a Gas Station/Convenience store, A liter of Gasoline/Petrol/Octane (C8H18) costs less than a liter of water (H2O), yet the gas prices are considered horrible enough to be mentioned every day on national news?
To win in poker you only need to be one step ahead of your opponents. Two steps may be detrimental.
 
Reply With Quote
Join the FTR Poker Forum to disable these banners and start posting!
a500lbgorilla
Old 10-18-2005, 10:26 PM #2 (permalink)  
a500lbgorilla's Avatar
JESUS TAKE THE KEYBOARD

Join Date: Sep 2004
Location: This room is a good place to be
Posts: 8,379
a500lbgorilla is a name known to alla500lbgorilla is a name known to alla500lbgorilla is a name known to alla500lbgorilla is a name known to alla500lbgorilla is a name known to alla500lbgorilla is a name known to all
Send a message via AIM to a500lbgorilla
Becuase gas has become a "neccessity" of the normal American adult whereas the need for bottled water is laughable. I drink bottled water and it costs about 5c per bottle becuase I simply refill them.

-'rilla

Smithers, use the amnesia ray.
You mean the revolver, sir?
Precisely.
 
Reply With Quote
CrunchyNuts
Old 10-18-2005, 10:31 PM #3 (permalink)  
CrunchyNuts's Avatar
Flush

Join Date: May 2005
Posts: 436
CrunchyNuts
We got tired of laughing at the price of bottled water a long time ago. Gas seems the next logical place to go.

Oh, and that whole part about transportation of goods being a huge limiter to our economy, while water placed in plastic bottles only really affects people with too much money in the first place. Let's not forget that
Up my bankroll - buy Saints Row.
 
Reply With Quote
Demiparadigm
Old 10-18-2005, 10:38 PM #4 (permalink)  
Demiparadigm's Avatar
4-of-a-Kind

Join Date: Feb 2005
Location: Party 6 max
Posts: 1,602
Demiparadigm
Also consider the cost of a Latte is in the $40/gallon range.
To win in poker you only need to be one step ahead of your opponents. Two steps may be detrimental.
 
Reply With Quote
LeFou
Old 10-18-2005, 10:54 PM #5 (permalink)  
LeFou's Avatar
4-of-a-Kind

Join Date: Jul 2004
Location: Dallas, TX
Posts: 2,361
LeFou
actually i bet if you got bottled water 20 gallons at a time the way you do gas, you could easily get it for about 40c/gal.
Reply With Quote
Demiparadigm
Old 10-18-2005, 11:19 PM #6 (permalink)  
Demiparadigm's Avatar
4-of-a-Kind

Join Date: Feb 2005
Location: Party 6 max
Posts: 1,602
Demiparadigm
Quote:
Originally Posted by LeFou
actually i bet if you got bottled water 20 gallons at a time the way you do gas, you could easily get it for about 40c/gal.
This is a bad argument, since truck drivers buying gas 100 or more gallons at a time get no discount over college kids buying 1 or 2 gallons.

A better argument would be if you buy bottled water out of a spigot as opposed to a bottle in a fridge it costs less.

Now a more complicated economics problem:
Why is octane(C8H18) or more specifically Trimethylpentane
Code:
      CH3  H   CH3 
      |    |   |   
H3C - C  - C - C - CH3
      |    |   | 
      CH3  H   H

cheaper than other natural petrolium gases such as butane(C4H10) or propane(C3H8)?
To win in poker you only need to be one step ahead of your opponents. Two steps may be detrimental.
 
Reply With Quote
CrunchyNuts
Old 10-18-2005, 11:19 PM #7 (permalink)  
CrunchyNuts's Avatar
Flush

Join Date: May 2005
Posts: 436
CrunchyNuts
Latte is also not a driving factor in our economy - though its removal may have a strong effect on a certain demographic of the population.
Up my bankroll - buy Saints Row.
 
Reply With Quote
bigred
Old 10-18-2005, 11:21 PM #8 (permalink)  
bigred's Avatar
PROFESSIONAL TROLL

Join Date: Sep 2004
Location: Nest of Douchebags
Posts: 2,184
bigred is a name known to allbigred is a name known to allbigred is a name known to allbigred is a name known to allbigred is a name known to allbigred is a name known to all
Gas is cheaper than water because it's not as fun to drink. The logic is simple.
LOL OPERATIONS
 
Reply With Quote
CrunchyNuts
Old 10-18-2005, 11:33 PM #9 (permalink)  
CrunchyNuts's Avatar
Flush

Join Date: May 2005
Posts: 436
CrunchyNuts
Quote:
Originally Posted by Demiparadigm
bottled water out of a spigot
You sir, are a marketing genius.
Up my bankroll - buy Saints Row.
 
Reply With Quote
lolzzz_321
Old 10-18-2005, 11:39 PM #10 (permalink)  
lolzzz_321's Avatar
NO YOU

Join Date: Oct 2004
Location: My ice is polarized
Posts: 2,797
lolzzz_321 is a jewel in the roughlolzzz_321 is a jewel in the roughlolzzz_321 is a jewel in the roughlolzzz_321 is a jewel in the rough
Send a message via AIM to lolzzz_321
Triptane is the most expensive and sought after fuel.

Short for Trimethylbutane too.
Reply With Quote
DaNutsInYoEye
Old 10-18-2005, 11:55 PM #11 (permalink)  
DaNutsInYoEye's Avatar
4-of-a-Kind

Join Date: Apr 2004
Location: St. Louis
Posts: 1,921
DaNutsInYoEye
Send a message via AIM to DaNutsInYoEye
Gasoline is a necessity in America. We cannot live without it. Water, on the other hand, we can.
TheXianti: (Triptanes) why are you not a thinking person?
 
Reply With Quote
a500lbgorilla
Old 10-19-2005, 12:03 AM #12 (permalink)  
a500lbgorilla's Avatar
JESUS TAKE THE KEYBOARD

Join Date: Sep 2004
Location: This room is a good place to be
Posts: 8,379
a500lbgorilla is a name known to alla500lbgorilla is a name known to alla500lbgorilla is a name known to alla500lbgorilla is a name known to alla500lbgorilla is a name known to alla500lbgorilla is a name known to all
Send a message via AIM to a500lbgorilla
Quote:
Originally Posted by Triptanes
Triptane is the most expensive and sought after fuel.

Short for Trimethylbutane too.
I too would enjoy a good Triptane burning.

-'rilla

Smithers, use the amnesia ray.
You mean the revolver, sir?
Precisely.
 
Reply With Quote
CrunchyNuts
Old 10-19-2005, 12:47 AM #13 (permalink)  
CrunchyNuts's Avatar
Flush

Join Date: May 2005
Posts: 436
CrunchyNuts
Here here. Dork doesn't even say "hi" on the tables. Even when you talk about VQ's girl.
Up my bankroll - buy Saints Row.
 
Reply With Quote
Lukie
Old 10-19-2005, 12:48 AM #14 (permalink)  
Lukie's Avatar
4-of-a-Kind

Join Date: Jul 2005
Location: back with a vengeance
Posts: 3,307
Lukie is on a distinguished road
I drink more bottled water then my car uses gas. Seriously.
Reply With Quote
mb2447
Old 10-19-2005, 01:13 AM #15 (permalink)  
mb2447's Avatar
Straight

Join Date: Jul 2005
Location: NYC
Posts: 122
mb2447
actually its 2,4,4-Trimethylpentane...

c'mon people get with the orgo program.
Reply With Quote
vqc
Old 10-19-2005, 01:48 AM #16 (permalink)  
Straight Flush

Join Date: Jan 2005
Posts: 5,427
vqc
i just took my ochem midterm.
Reply With Quote
CrunchyNuts
Old 10-19-2005, 02:22 AM #17 (permalink)  
CrunchyNuts's Avatar
Flush

Join Date: May 2005
Posts: 436
CrunchyNuts
Quote:
Originally Posted by vqc
i just took my ochem midterm.
Congrats, want a cookie?
Up my bankroll - buy Saints Row.
 
Reply With Quote
Greedo017
Old 10-19-2005, 02:25 AM #18 (permalink)  
Greedo017's Avatar
Full House

Join Date: Jan 2005
Location: wearing the honors of honor and whatnot
Posts: 1,461
Greedo017 is on a distinguished road
is it your first or second semester. first semester is easy.

and, octane's gotta be cheaper because it is more easily a liquid maybe? and also because you get this stuff from oil, which has a whole bunch of crap in it, and its probably harder to separate out the smaller crap than the larger crap. just guesses.
i betcha that i got something you ain't got, that's called courage, it don't come from no liquor bottle, it ain't scotch
 
Reply With Quote
CrunchyNuts
Old 10-19-2005, 02:38 AM #19 (permalink)  
CrunchyNuts's Avatar
Flush

Join Date: May 2005
Posts: 436
CrunchyNuts
The first, I can understand. The second, my slim education of oil refining from howstuffworks.com tells me that isn't at all the case. But the fact that they fuse the smaller hydrocarbons into octane could tell you something~
Up my bankroll - buy Saints Row.
 
Reply With Quote
vqc
Old 10-19-2005, 02:53 AM #20 (permalink)  
Straight Flush

Join Date: Jan 2005
Posts: 5,427
vqc
Quote:
Originally Posted by CrunchyNuts
Quote:
Originally Posted by vqc
i just took my ochem midterm.
Congrats, want a cookie?
yes. im hungry.
Reply With Quote
booradly07
Old 10-19-2005, 09:51 PM #21 (permalink)  
Straight

Join Date: Dec 2004
Posts: 120
booradly07
Where I live bottled water isn't a neccessity but you better get a really good RO system or something because the tap water really has a nasty smell and taste to it. Where I grew up well water tasted pretty damn good and city water was fine but where I'm at now I don't consider it an option to drink the tap water. You can't even wash your clothes in it if you don't want them to get a rust coloring.

I have a truck that comes to my house once a month and fills up a sealed 50 gallon container with pure H20 and the 'taste' or lack thereof with pure water is amazing and its worth the $$ to me. The shit out of the sink is like raw sewage in comparison. I drink allot of water so its worth it to me though.

Having said that, the joke was that you knew the end of the world was near when it costs more for a gallon/liter of water than for a gallon/liter of regular unleaded gasoline.
Reply With Quote
hydroseeds
Old 10-19-2005, 11:37 PM #22 (permalink)  
hydroseeds's Avatar
Straight

Join Date: Jun 2005
Posts: 115
hydroseeds
Because gas prices are so damn high, that's why.
Reply With Quote
Blinky
Old 10-20-2005, 12:18 AM #23 (permalink)  
Blinky's Avatar
Flush

Join Date: Jul 2005
Location: nutpeddlers anonymous
Posts: 459
Blinky
Quote:
actually its 2,4,4-Trimethylpentane...

c'mon people get with the orgo program
If we're gonna pick on people for their naming the correct name actually should be

2,2,4-Trimethylpentane.

As for the cost of the above vs butane and propane: I'm unsure exactly how octane is sold but I suspect it's not generally sold as pure octane, but whatever.

The higher cost of butane and propane is likely attributable to their gaseous nature. It's harder to store and transport.

Also demi, how do you figure the cost of butane and propane is higher? (not that I doubt you) - is your cost info per unit volume or per unit of heating value?
Quote:
Originally Posted by Rondavu
We will not support your pocket pair aggression.
 
Reply With Quote
vqc
Old 10-20-2005, 01:32 AM #24 (permalink)  
Straight Flush

Join Date: Jan 2005
Posts: 5,427
vqc
according to king of the hill
butane is the bastard gas.
Reply With Quote
Fortune 500
Old 10-20-2005, 03:45 AM #25 (permalink)  
Fortune 500's Avatar
Full House

Join Date: Jun 2004
Location: Bluffalupagus
Posts: 1,261
Fortune 500
Send a message via AIM to Fortune 500
Quote:
Originally Posted by CrunchyNuts
Latte is also not a driving factor in our economy - though its removal may have a strong effect on a certain demographic of the population.
And that group are the satanic caffeine addicts that keep starbuck's in business. To hell with them. Hippies.


Get your own operations graphic here:
http://operations.talkingapes.com
 
Reply With Quote
Bmxicle
Old 10-20-2005, 05:00 AM #26 (permalink)  
Bmxicle's Avatar
Full House

Join Date: Jan 2005
Location: Vancouver
Posts: 947
Bmxicle
Send a message via AIM to Bmxicle
Demand for bottled water is very elastic whereas the the demand for gasoline is very inelastic. Throw in opportunity cost, marginal benefits, utils/$ and some other jargon and i really sound like i know what i'm talking about.
 
Reply With Quote
daluchy
Old 10-21-2005, 06:19 PM #27 (permalink)  
daluchy's Avatar
Full House

Join Date: May 2005
Posts: 691
daluchy
Quote:
Originally Posted by Bmxicle
Demand for bottled water is very elastic whereas the the demand for gasoline is very inelastic. Throw in opportunity cost, marginal benefits, utils/$ and some other jargon and i really sound like i know what i'm talking about.
Yep. Water too expensive? Drink orange juice/fruit juice/soda/iced tea/etc etc.

Gas too expensive? Public trans, bike, walk, carpool.

Which alternative is easier to deal with?
pulling a courtiebee pŏŏl-ĭng ā kôrt-ē-bē (verb phrase):
1. overvaluing mid pocket pairs
2. knowing you should fold, but donkishly calling or raising anyway
 
Reply With Quote
a500lbgorilla
Old 10-21-2005, 06:55 PM #28 (permalink)  
a500lbgorilla's Avatar
JESUS TAKE THE KEYBOARD

Join Date: Sep 2004
Location: This room is a good place to be
Posts: 8,379
a500lbgorilla is a name known to alla500lbgorilla is a name known to alla500lbgorilla is a name known to alla500lbgorilla is a name known to alla500lbgorilla is a name known to alla500lbgorilla is a name known to all
Send a message via AIM to a500lbgorilla
Quote:
Originally Posted by daluchy
Quote:
Originally Posted by Bmxicle
Demand for bottled water is very elastic whereas the the demand for gasoline is very inelastic. Throw in opportunity cost, marginal benefits, utils/$ and some other jargon and i really sound like i know what i'm talking about.
Yep. Water too expensive? Drink orange juice/fruit juice/soda/iced tea/etc etc.

Gas too expensive? Public trans, bike, walk, carpool.

Which alternative is easier to deal with?
Buses! Soda has too many calories!

-'rilla

Smithers, use the amnesia ray.
You mean the revolver, sir?
Precisely.
 
Reply With Quote
vqc
Old 10-21-2005, 09:46 PM #29 (permalink)  
Straight Flush

Join Date: Jan 2005
Posts: 5,427
vqc
Quote:
Originally Posted by a500lbgorilla
Quote:
Originally Posted by daluchy
Quote:
Originally Posted by Bmxicle
Demand for bottled water is very elastic whereas the the demand for gasoline is very inelastic. Throw in opportunity cost, marginal benefits, utils/$ and some other jargon and i really sound like i know what i'm talking about.
Yep. Water too expensive? Drink orange juice/fruit juice/soda/iced tea/etc etc.

Gas too expensive? Public trans, bike, walk, carpool.

Which alternative is easier to deal with?
Buses! Soda has too many calories!

-'rilla
YOU HAVE TOO MANY CALORIES.
Reply With Quote
Greedo017
Old 10-21-2005, 09:46 PM #30 (permalink)  
Greedo017's Avatar
Full House

Join Date: Jan 2005
Location: wearing the honors of honor and whatnot
Posts: 1,461
Greedo017 is on a distinguished road
Quote:
Originally Posted by Blinky
I'm unsure exactly how octane is sold but I suspect it's not generally sold as pure octane, but whatever.
you're right, i clarified this earlier, it is just a bunch of big crap, mainly octanes and hexanes. and, that's not the only structure of octane either, there are dozens of them.
i betcha that i got something you ain't got, that's called courage, it don't come from no liquor bottle, it ain't scotch
 
Reply With Quote
vqc
Old 10-21-2005, 09:48 PM #31 (permalink)  
Straight Flush

Join Date: Jan 2005
Posts: 5,427
vqc
There wont be any fisher projections on my next ochem midterm. yay.
Reply With Quote
hydroseeds
Old 10-21-2005, 09:50 PM #32 (permalink)  
hydroseeds's Avatar
Straight

Join Date: Jun 2005
Posts: 115
hydroseeds
Quote:
Originally Posted by Bmxicle
Demand for bottled water is very elastic whereas the the demand for gasoline is very inelastic. Throw in opportunity cost, marginal benefits, utils/$ and some other jargon and i really sound like i know what i'm talking about.
Roffles.
Reply With Quote
Reply
Latest Poker News
KoRnholio Old 05-26-2012, 03:08 PM    Australia Legalized Online Poker coming up in next 6 to 12 Months
According to an email sent out by Mark Bryan, a gaming analyst at Merrill Lynch, the Australian government plans to legalize online poker sometime in the next six to 12 months. This move will coincide ...

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT. The time now is 05:59 AM.


FTR Testimonials

All content
© FlopTurnRiver.com
Advertising  |   Partners  |   Testimonials  |   T&C  |   Contact Us  |   FTR News & Press  |   Site Map  |   Search FTR

Full Tilt  |   Titan Poker  |   UltimateBet  |   Poker Stars  |   Ladbrokes Bonus  |   Sportsbook  |   Cake Poker  

Play Texas Holdem Online, Online Texas Holdem Strategy, & Poker Forum
This is not a gambling website.