List;
I don't have strong feelings about this but here's my impression-- in
the fall of 1964, I ordered a new '65 Pontiac GTO with every performance
option possible but no power steering, power brakes, radio, etc and it
cost $3501.20. Gasoline at that time was selling for about $0.36 a
gallon for Sunoco 260. Now both cost almost ten times what they did then
but the ratio between the prices of a high- performance car and gasoline
remained the same.
I'm not sure just what that means but it seems to put the price of gas
into perspective for me.
Regards, Neil Tucson, AZ
-----Original Message-----
From: owner-land-speed@autox.team.net
[mailto:owner-land-speed@autox.team.net] On Behalf Of Tom Neimeyer
Sent: Monday, May 22, 2006 8:24 PM
To: Robert J. Denton Images; land-speed submit
Subject: Re: NON-LSR OIL & GASOLINE INFO
So Bob, I guess you are in the Refining business? You understand how
the
environmentalists made us build MTBE plants 10 years ago and now won't
allow
us to use it in gas, that was a great investment that didn't work. How
about the new low sulfur diesel requirements placed on refiners by the
environmentalists via the government? How about letting us build a
Refinery
in your neighborhood.
Domestic Refining makes about 8%-9% profits. Grocery stores make 10-12%.
Banks make 15%-20% profits. Pharmaceutical companies make 25-30% profit
Why are you worried about Refiners ripping you off, everybody else is
doing
it more than Refiners!
> Mexico is indeed a monopoly. They are also a member of OPEC and a
petro
> exporter. What you fail to see is that the USA refiners are ripping
you
> off. Way above and beyond the cost of doing business. I boject to that
and
> you should too.
>
> Bob Denton
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