Paid $50.00 to fill my gas tank this morning.

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

Subject: Paid $50.00 to fill my gas tank this morning.
From: "Keith Willshaw"
Date: 7/4/2004 3:30 PM Pacific Standard Time
Message-id:


"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



True. But hard dollars mean lower demand for American goods overseas.When the
dollar wa at it's peak years ago, US sales overseas were very small. Can't have
it both ways..





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

In article ,
on Thu, 1 Jul 2004 12:27:23 +0200,
Tamas Feher attempted to say .....

Why would a cheap subsonic jet trainer need an expensive
low-volatility fuel (JP7) typically associated with the SR-71?

Typically? Airliners used to use the JP7 up until it was banned for
being hazardous. Rumor says some african countries still sell it at
their airports.

You are joking ? right ?

JP7 in africa ?


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

In article ,
on Thu, 01 Jul 2004 08:50:53 -0700,
Harry Andreas attempted to say .....

In article , "Tamas Feher"
wrote:

Why would a cheap subsonic jet trainer need an expensive
low-volatility fuel (JP7) typically associated with the SR-71?

Typically? Airliners used to use the JP7 up until it was banned for
being hazardous. Rumor says some african countries still sell it at
their airports.

I think you need to check your facts on JP-7.

He needs to check all his "facts"


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

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.