Had friend visit from England last week and it's over $7/gallon there. Can you
say taxes? The feds (plus state & local) make twice as much from a gallon than
the refiner/distributors! Who's the "gougers" again?
Dale C.
Subject: Re: NON-LSR OIL & GASOLINE INFO
Maybe they're making it up in volume (LOL)
If oil at $75 a barrel results in a gasoline cost of $1.68 per gallon before
refining cost, transportation & storage costs, profit, and taxes, then
equivalent cost with oil at $3 a barrel would be $0.067 per gallon of gas.
Don't confuse the unrefined COST with the PRICE at the pump.
Lance
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