Bottled water is no safer than tap but 300 times the cost.

We’re spending what on bottled water???

Plastic-Bottles

American people buy more than half a million of water bottles every week. That is enough to wrap around the world 5 times. Imagine the amount of waste produced! Most studies show bottled water quality to be the same or lower than that of tap water. Moreover, bottled water may loose its taste and it is subject to fewer health regulations and costs thousands of times more than tap water.

ConvergEx Group Chief Market Strategist Nick Colas highlights a few eye-opening statistics on bottled water consumption in the United States and the numbers may shock you.

Perhaps the most incredible number: at an average cost of $1.22 per gallon, consumers are spending 300 times the cost of tap water to drink bottled water.

In fact, that number could be even higher, writes Colas.

“The [bottled water] industry grossed a total of $11.8 billion on those 9.7 billion gallons in 2012, making bottled water about $1.22/gallon nationwide and 300 times the cost of a gallon of tap water,” Colas says. “If we take into account the fact that almost 2/3 of all bottled water sales are single 16.9oz (500 mL) bottles, though, this cost is much, much higher: about $7.50 per gallon, according to the American Water Works Association. That’s almost 2,000 times the cost of a gallon of tap water and twice the cost of a gallon of regular gasoline.

And it’s not as though buying bottled water is any guarantee that you’re getting water that’s purer than what comes out of the tap. While some bottled water may be slightly better than the municipal variety, in other cases it’s the same or may even contain harmful contaminants, such as fertilizer residue and pain medication,according to a study released in 2008 by the Environmental Working Group, a Washington, D.C.- based non-profit. The federal Environmental Protection Agency says some bottled water is nothing more than tap water, some of it filtered, some of it not.

And then there are the environmental impacts. Depending on whom you ask, 70 percent to 90 percent of the tens of billions of bottled water bottles sold each year in the U.S. end up in incinerators or landfills or lying in the street. And then there’s all the petroleum and natural gas needed to make the plastic bottles (enough to fill one quarter of the bottle, according to the website Back2Tap), and truck them around.

If you’re concerned about water quality, bottle your own from Quatreau Tap, it delivers the world’s purest water, and you can have it sparkling, instant chilled and instant boiling via it’s patented touch-screen technology, it’s also more cost efficient and better for the environment.