Monday, January 30, 2006

Hmmmmm

The $3.00 per gallon of gas was totally necessary... we swear!

4 comments:

Sassan Sanei said...

The cost of oil didn't go up.

The cost of refining didn't go up.

The cost of delivery didn't go up.

Why did the price of gas go up?

Supply and demand. There's less supply, so there's more demand, which means the price goes up. (THIS IS THE PART I DON'T QUITE UNDERSTAND.)

But the cost stays the same.

When revenue goes up and cost stays the same, what do you get?

Profit.

$10.7 billion in profit.

Those greedy bastards!

markoos said...

we're pushing about $1.50 over here in oz. that's per litre:

1 gal = 3.78 L
US$1 = A$1.35

so you're payin like nearly 80c? fuel (gas) was 80c nearly 10 years ago!

i feel sorry for England though. they pay like $1,000 per ounce (lol).

i've given up my car and i walk / cab / where ever i need to go.

Sassan Sanei said...

In Canada we're sitting around 90 cents per litre. More or less depending on your location, the day of the week, the phase of the moon, etc. That's USD$2.96/gallon or AUD$1.04/litre.

Canada has enough oil (in Alberta) to supply its own needs. Call me a pinko liberal communist traitor if you want, but I don't understand why we don't just keep it to use ourselves at a regulated price instead of exporting it. I was in Venezuela (an oil-rich country) in 2000 and they were selling gas at the equivalent of 9 to 13 U.S. cents a litre! They use what they need for themselves and export the rest.

Just D said...

That makes too much sense (you pinko liberal communist traitor). Don't you know by now that if it makes sense, the government can't do it?