On Tue, 18 May 2004 18:46:03 -0500, Aaron Wyse <awyse@sw.rr.com> wrote:
> Everybody compares gas prices to milk and water prices.. Irrelavant, if
> all of a sudden milk was going up $.50 a week.. Or the price on bottled
> water was changing dramatically. Gas prices have gotten the attention
> lately not so much because they have gotten so much higher than we're
The point being made with the comparison to the bottled water is that
gasoline in the US is incredibly cheap.
I just read an article in National Geographic about the oil supply etc etc.
In 1981 the price of a 42 gallon barrel of crude oil was equal to $70 US in
today's money. I definately think there is something very screwed up about
the current price per gallon. The current price per barrel is around $40
now. Which is where it was back in 91. However the price per gallon of
gasoline wasn't nearly as high as it is now.
-- -Droo
This archive was generated by hypermail 2b29 : Tue Jun 01 2004 - 10:59:12 EDT