Re: Politicians and energy policy

In article <483cc880$0$11196$ecde5a14@xxxxxxxxxxxxxxxx>,
pstech@xxxxxxxxx says...

"Richard The Dreaded Libertarian" <null@xxxxxxxxxxx> wrote in message
news:pan.2008.05.27.19.12.09.177125@xxxxxxxxxxxxxx
On Sun, 25 May 2008 19:21:40 -0700, Paul Hovnanian P.E. wrote:
Martin Griffith wrote:
On Sat, 24 May 2008 14:35:53 -0700, in sci.electronics.design "Paul
Hovnanian P.E." <paulh@xxxxxxxxxx> wrote:

It'll all be fixed when crude is priced in Euros. But then central
banks won't need dollar reserves. The exchange rates will collapse and
you and I won't be able to raise the money to buy new tires for the
old pickup truck, let alone a brand new hybrid car.

Like this?
http://pricedingold.com/us-retail-gasoline/

Interesting. Gas prices have a ways to go yet. Perhaps $5.00 per gallon.

Oh, well, when gasoline hits mayb $50, $100/gal, people will drive less,
thereby palliating the "global warming" problem, right? >:->

OOps - "climate change" - they really don't know if we're all going to
freeze to death or cook, but as long as we all pay obeisance (and our
money) to prince Al, he'll make it all better.

It seems that prices in much of the rest of the world are $6-$9/gallon, and
that's about where ours will start to stabilize. Hopefully that will reduce

Ever hear of taxes? Oil is oil. The weenies pay a lot more taxes.

the waste of energy by many of the people who commute long distances in
stop and go traffic in their SUVs. But it will probably be more as a result
of their jobs being eliminated as energy costs drive everything else up.

You'd like that.

Here is an interesting link that shows who is making the most from higher
fuel prices:

http://www.energy.ca.gov/gasoline/margins/index.html

If these figures can be believed, there is really very little profit being
made by US distributors, and the profits of refineries has dropped in the
last year or so, but the biggest cost by far is the price of crude oil. And
that money goes pretty much directly to the King of Saudi Arabia.

Surprise!

Still, this does not explain the much higher cost of motor fuel in Europe..
It seems to be from taxes, and they are levied as a percentage of price as
well as per unit quantity. I found this in a post:

Ah HA! He does understand the obvious, after all.

...here the prices in Germany:

benzin 1 liter à 1,50 Euro (tax 65,45 �cent/Liter + VAT 19%)
diesel 1 liter à 1,50 Euro (tax 47,04 �cent/Liter + VAT 19%)

It was about the same in Italy.


--
Keith
.

Quantcast