Paid $50.00 to fill my gas tank this morning.

"ArtKramr" wrote in message
...
NO OIL COMPANY WILL BE LEFT BEHIND.

Here in Scotland diesel is currently going for 81.9p per litre. That is
about $5.50 a USg. Just thought you might be interested.

John

John Mullen wrote:


Here in Scotland diesel is currently going for 81.9p per litre. That is
about $5.50 a USg. Just thought you might be interested.

I'm more interested in why the price of European gas
hasn't doubled in price since 1985, like it has in the
US.

Between 1975-85, gas in Germany ran about $4 per US gallon
- while back home it was a little more than a dollar.

In article ,
Dweezil Dwarftosser wrote:

John Mullen wrote:

Here in Scotland diesel is currently going for 81.9p per litre.
That is about $5.50 a USg. Just thought you might be interested.

I'm more interested in why the price of European gas
hasn't doubled in price since 1985, like it has in the
US.

Actually, in steady dollars, gas prices in the US right now are pretty
much the same as they were in 1985. The only difference is inflation
for nineteen years.

Between 1975-85, gas in Germany ran about $4 per US gallon
- while back home it was a little more than a dollar.

In 1985, gas prices were fairly much in line between Germany and the US,
once you allowed for the much higher gas taxes in Germany.

If you're concerned with price differentials, I'd suggest complaining to
the German authorities, who are making about 10% of their tax revenues
off of gas and diesel taxes (versus 3% in the US).

--
cirby at cfl.rr.com

Remember: Objects in rearview mirror may be hallucinations.
Slam on brakes accordingly.

I'm more interested in why the price of European gas
hasn't doubled in price since 1985, like it has in the
US.

Between 1975-85, gas in Germany ran about $4 per US gallon
- while back home it was a little more than a dollar.

Because less of the cost of European gasoline is from the actual cost of the
gas compared to US gasoline.


Ron
PA-31T Cheyenne II
Maharashtra Weather Modification Program
Pune, India

"Dweezil Dwarftosser" wrote in message
...
John Mullen wrote:


Here in Scotland diesel is currently going for 81.9p per litre. That is
about $5.50 a USg. Just thought you might be interested.

I'm more interested in why the price of European gas
hasn't doubled in price since 1985, like it has in the
US.

Between 1975-85, gas in Germany ran about $4 per US gallon
- while back home it was a little more than a dollar.

Two reasons

1) European currencies have gained in value against the dollar
thus mitigating the rise in oil prices

2) The oil component is a smaller proprtion of the price
of refined fuel, most of it is tax.

Keith

Subject: Paid $50.00 to fill my gas tank this morning.
From: "Keith Willshaw"
Date: 7/4/2004 1:52 PM Pacific Standard Time
Message-id:


"Dweezil Dwarftosser" wrote in message
...
John Mullen wrote:


Here in Scotland diesel is currently going for 81.9p per litre. That is
about $5.50 a USg. Just thought you might be interested.

I'm more interested in why the price of European gas
hasn't doubled in price since 1985, like it has in the
US.

Between 1975-85, gas in Germany ran about $4 per US gallon
- while back home it was a little more than a dollar.

Two reasons

1) European currencies have gained in value against the dollar
thus mitigating the rise in oil prices

2) The oil component is a smaller proprtion of the price
of refined fuel, most of it is tax.

Keith


The value of the dollar was deliberately diven down to make US products more
competetive overseas. Buying oil on the open market with the weak dollar has
driven oil prices through the roof. Voodoo economics


Arthur Kramer
344th BG 494th BS
England, France, Belgium, Holland, Germany
Visit my WW II B-26 website at:
http://www.coastcomp.com/artkramer

"ArtKramr" wrote in message
...
Subject: Paid $50.00 to fill my gas tank this morning.
From: "Keith Willshaw"
Date: 7/4/2004 1:52 PM Pacific Standard Time
Message-id:


"Dweezil Dwarftosser" wrote in message
...
John Mullen wrote:


Here in Scotland diesel is currently going for 81.9p per litre. That
is
about $5.50 a USg. Just thought you might be interested.

I'm more interested in why the price of European gas
hasn't doubled in price since 1985, like it has in the
US.

Between 1975-85, gas in Germany ran about $4 per US gallon
- while back home it was a little more than a dollar.

Two reasons

1) European currencies have gained in value against the dollar
thus mitigating the rise in oil prices

2) The oil component is a smaller proprtion of the price
of refined fuel, most of it is tax.

Keith


The value of the dollar was deliberately diven down to make US products
more
competetive overseas. Buying oil on the open market with the weak dollar
has
driven oil prices through the roof. Voodoo economics


The only way to raise the value of the dollar is to radically
raise the interest rate and/or radically cut US government spending.

This would have the side effect of depressing the US economy and
increasing unemployment while cutting social security budgets.

This sounds like a poor idea to me but hey if thats what you want ...

Keith

"ArtKramr" wrote in message
...
NO OIL COMPANY WILL BE LEFT BEHIND.


What did you do after the war, sniff glue?

--
Scott

"I don't need to know very much about you or your ideas to know that if you
think Michael Moore is just great, a truth-teller and a much-needed tonic
for everything that is wrong in American life, you are not someone to take
seriously about anything of political consequence, or you are French. But I
repeat myself." - Jonah Goldberg

In article ,
on Thu, 1 Jul 2004 22:21:27 -0500,
tscottme attempted to say .....

"ArtKramr" wrote in message
...
NO OIL COMPANY WILL BE LEFT BEHIND.


What did you do after the war, sniff glue?

What do you mean after, fabric control surfaces, dope to repair them...


--
When dealing with propaganda terminology one sometimes always speaks in
variable absolutes. This is not to be mistaken for an unbiased slant.

(ArtKramr) wrote:
NO OIL COMPANY WILL BE LEFT BEHIND.

How about taking the bus three days a week like I've been
doing for the past year ? It's not convenient, but I do it anyway.
I can't believe you'd complain about the price of all that gas you're
burning for your own convenience. You're *retired* Art, you have the
experience to understand this stuff by now. It's not a conspiracy, if
25% of the people used economical cars, the unleaded gasoline supply
would be overflowing in two weeks. Huge supply. Prices fall as soon
afterward as the commodities traders on the stock exchange will it.
Consume less, pay less.






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