and here in Mexico it is about $1.75 per gallon and hasn't changed more than a
penny or so in 6 years. If you take the taxes off of USA gas and off of the
european gas, the USA would be more expensive. European gas is high because of
taxes, USA is high because of outrageous profits.
Remember in 1973 when we were in line to get gas for hours? You So Cal guys who
are old enough remember the line of tankers that ran from LA Harbor to Ensenada
because the oil terminals wouldn't unload them trying to build the shortage up.
Gas companies are NOT your friends. Right now there is the biggest surplus of
natural gas in history and the prices are still rising. Expect a major increase
in gas prices this summer when we are told there is no ethenol available. And
at the same time the government is paying subsidies to farmers not grow corn.
You should be mad as hell not rationalizing why it is high.
Bob Denton
Jalisco, Mexico
-----Original Message-----
>From: Tom Bryant <saltracer@awwwsome.com>
>Sent: May 19, 2006 7:45 PM
>To: joseph lance <jolylance@earthlink.net>, Bryan Savage
><b.a.savage@wildblue.net>
>Cc: "LAND-SPEED @ AUTOX.TEAM .NET" <land-speed@autox.team.net>
>Subject: RE: NON-LSR OIL & GASOLINE INFO
>
>Lance & all,
>
>I think that you made a good point with the crude oil price comparison.
>
>It is amazing how soon we forget. Or is it we just don't pay attention.
>Several things come to mind...If gasoline was $0.30/gal in 1955, I was
>making about $2.00/hr at the time. That means that an hour's pay would by
>6.67 gat would buy 6.15 gallons at $3.25/gallon. Not all that much
>different is it? We pay a lot of attention to some things and not much to
>others. The average tract home sold for about $10,000 in Southern California
>in 1955 and a car, I believe, for about $2,500 - $3000. What's the going
>price for these items now?
>
>I can't remember what gasoline sold for in 1978 when the gas lines were
>forming, but I believe it went over $1.00/gal for the first time. Inflation
>alone would put gas at $3.11 if it was $1.00 in 1978.
>
allons of gas. I suspect that the same job would now pay at least
>$20.00/hr. Th>I don't know what is happening nation-wide, but gasoline has
>been dropping a
>bit here. When I filled up Monday at Safeway it was $3.27 today it is $3.19.
>
>Tom, Redding CA - #216 D/FCC
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