such as not all oil is made into gas. taxes are
different. 

--- ken barber <[log in to unmask]> wrote:

> not that simple deri, that is just the demand side,
> the suppy side has went up as some of the opec
> countries increased the amounts pumped. supply
> however
> did not go up as much as demand. ecconomics can be
> complex. theories are simple, but many varibles
> throws
> things off some. 
> 
> --- Mike Collis <[log in to unmask]> wrote:
> 
> > 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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> 
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