At 4:44 AM +0000 9/12/00, Michael Shields wrote:
>In article <a0431010cb5e346ed8216@[207.111.241.215]>,
>Tim May <[EMAIL PROTECTED]> wrote:
>> http://www.theregister.co.uk/content/1/13169.html
>>
>> "Here's something to think about - while queuing up for petrol this
>> afternoon (yes - I confess to being a panic buyer) I worked out that
>> OPEC is charging $30 a barrel and our government is taxing us at
>> slightly over $150 a barrel - ouch!"
>
>$30 (now $35) is the price of a barrel of *light sweet crude*, not the
>price of a barrel of refined gasoline.
>--
>Shields.
The quote said nothing to the contrary. Crude results in some
fraction of gasoline/petrol, and taxes are applied. His point was
that the taxes are about 4-5 times the cost of the underlying petrol,
which is about what it is in the U.K. (Last I heard, gas in the U.K.
is about the equivalent of about $4-5 a gallon for unleaded regular.)
--Tim May
--
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Timothy C. May | Crypto Anarchy: encryption, digital money,
ComSec 3DES: 831-728-0152 | anonymous networks, digital pseudonyms, zero
W.A.S.T.E.: Corralitos, CA | knowledge, reputations, information markets,
"Cyphernomicon" | black markets, collapse of governments.
