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by lopmotr
2997 days ago
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Having a 1000% markup doesn't make it a scam. The raw material is practically free so anything they charge is going to be a huge markup. There's lots of competition and people are willing to buy it. What's wrong with that? You're not paying for the water, but for all the other value that comes along with it. You can carry it around, or store it in your car, or whatever. You don't have to remember to fill up the water bottle whenever you go out because you can just get a new full one anywhere. That takes mental burden off people so they can focus on more important things. You can give one to someone else without worrying about spreading meningitis. You can take a carton of them on a group trip without asking everyone to rinse out and old milk bottle the day before. There's value in making people's lives easier. What's wrong with using tons of oil? It's not being burnt so it doesn't contribute to climate change. Are you concerned that it's wasting the valuable oil that would be better used to power a car or power station? |
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Instead of having a VLCC bringing crude to a Gulf Coast refinery where a large part is converted into propylene for bottle and cap production, the crude could be kept safely in its original well, unused. If the demand for propylene (et al) is reduced, refiners would alter their production to make less, ultimately lowering their crude intake, ceteris paribus.