[SOC] expensive place
Carlos J Caro
ccaro3 at juno.com
Sat Jun 5 00:18:05 EDT 2004
> You should be grateful you live that side of the 'pond'. Here we
> regularly pay
> 80 pence a litre which is currently $1.50 ish. For a US gallon, that
> equates to
> around $5.45.
Ray
Lets not overlook the fact that in Gt. Britain you have a cradle
to grave social support system. The funds for that in part come
from the $3.30 tax on each gallon. We on the other hand don't
get anything for the taxes we pay on gasoline so we want them
and the price of gas low. As soon as the news stated that OPEC
was going to increase production by ten percent, I noticed a 3
cents drop in price this past week. That tells me that the price
increase has nothing to do with Iraq but rather speculators
running the cost up.
Regards,
Carlos
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