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Date: | Tue, 25 Apr 2006 19:47:50 -0400 |
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Ouch! That means a gallon or gas in the U.K. runs more than $20.
-----Original Message-----
From: Cerebral Palsy List [mailto:[log in to unmask]] On Behalf Of
Deri James
Sent: Tuesday, April 25, 2006 6:18 PM
To: [log in to unmask]
Subject: Re: Now Let's Change the Subject, Shall We?
My computer says there are 42 US gallons in a petroleum barrel so when crud=
e=20
oil hits $84 a barrel the actual cost will be 50 cents a gallon. Now we kn=
ow=20
those evil oil producers have quadrupled the price of crude over the last f=
ew=20
years so gas must have cost 12.5 cents before. So assuming the cost of=20
transport/refining should remain fairly constant why hasn't gas only gone u=
p=20
by 37.5 cents?
Ken thinks the high cost of gas is solely a result of "market forces" (see=
=20
previous post: "it is pure supply and demand"). The large oil companies thi=
nk=20
people are stupid and will swallow the line "Crude goes up 4 times =3D Gas =
goes=20
up 4 times. It is pure supply and demand." There is nothing "pure" in the=20
multi national oil conglomerates - each of which is reporting record profit=
s=20
"in these difficult times"!!!
Now, just to make you all feel better, the UK price of gas is about $6.67 (=
=A31=20
a litre) (and most of the difference is tax).=20
Cheers
Deri
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