Gas price control

[Greg Hermann]

At 8:24 AM 5/1/01, Dan Zorde wrote:
>Perth, Western Australia, just went to A$1.05/L (not much in US$, but it is
>if you live here) for 92 Octane unleaded (up A$0.12 on previous day).  Out
>of that over half would be government taxes.  The funny thing is that the
>government is constantly on the oil companies backs claiming they are
>ripping of the public, and yet there is no way in hell the government would
>even contemplate reducing their taxes to help.
>
>Dan  dzorde at erggroup.com

Somebody's _GOT_ to be lying about the amount of taxes. Perth is a whole
lot closer to the Gulf than we are, so one would think your raw product
cost should logically be lower than ours is---

Greg
>
>
>>If you are paying $1/liter for gasoline, that means that you are paying
>>about $2.50/gallon more in _TAXES_ than the $0.60/gallon WE pay in taxes!
>>Rather than complaining about oil company profits, I suggest that our ire
>>might be better directed toward the politicians who charge (yes, even US)
>>such exhorbitant taxes on our freedom to be mobile!! Doesn't seem to me
>>that actual PRODUCT cost for gasoline of a bit under $1.00/gallon is
>>particularly unreasonable! Perhaps we ought to line all of them up along
>>that gas pipe line from the gulf to Europe before "bedding" it!!!
>>
>>Rant mode off !
>>
>>Greg


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