Mexico is indeed a monopoly. They are also a member of OPEC and a petro
exporter. What you fail to see is that the USA refiners are ripping you off.
Way above and beyond the cost of doing business. I boject to that and you
should too.
Bob Denton
-----Original Message-----
>From: 3 liter <saltfever@comcast.net>
>Sent: May 22, 2006 9:41 PM
>To: land-speed submit <land-speed@autox.team.net>
>Subject: NON-LSR OIL & GASOLINE INFO
>
>Largest oil PRODUCERS (Millions of barrels per DAY!)
>
>Saudi Arabia 10.4
>
>Russia 9.3
>
>US 8.7
>
>
>
>Largest oil CONSUMERS:
>
>US 20.5
>
>China 6.5
>
>Japan 5.4
>
>
>
>If you don't produce enough oil to satisfy your domestic supply you are a
>Net IMPORTER of oil.
>
>US 11.8
>
>Japan 5.3
>
>China 2.9
>
>
>
>Just like eBay. . . stuff always goes to the highest bidder. The "supply
>and demand" equation is a fundamental law of the universe, it is NOT a
>conspiracy. We are bidding against the entire world for 11.8 million
>barrels of oil EACH DAY to satisfy our domestic needs. You do the math.
>
>
>
>The example about oil prices in Mexico failed to mention that Mexican oil is
>nationalized! All their oil belongs to the federal government. Would you
>hand complete and absolute control of oil (including profit) to the US
>Government in exchange for a "promise" of a $1.75/gallon! -Elon
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