Sunday, June 29, 2008

Why 'Peak Oil' is not a problem

I would like to thank Jessie for alerting me to an important consequence of high oil prices.

In Kigali a litre of petrol retails at 892 Francs per litre. A bottle of Primus beer retails at 450 Francs for 0.72 litres, making it cost 625 Francs per litre.

A 0.65 litre bottle of M├╝tzig (my preferred Rwandese beer) unfortunately still costs the equivalent of 1077 Francs per litre. Therefore, I expect the fuel price to rise a little further.

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