HI Steve,
Interestingly, one of our senior politicians (Steven Byers) was keen to
point out that the current government was only taking 76% of the fuel
price as taxation as opposed to 78% by the previous government. Shame he
forgot to work out that 76% of $6 a gallon is actually a lot more cash
than 78% of $5 a gallon. But then where would politicians be
without the world of statistics !
Jeff
In message <39C145EE.868800BC@ix.netcom.com>, SJC Worldwide
<rootes@ix.netcom.com> writes
>
>
>Steve Laifman wrote:
>
>> JACranwell@cs.com wrote:
>>
>> > It would be interesting to see the sort of revolt you'd have in the US,
>> > should your price get to +/- $5/gallon, which is roughly what it is over
>here
>> > right now. Some crazies have been paying $20/gallon in the frenzy to find
>> > fuel the last few days.
>> >
>> > Regards,
>> >
>> > Julian Cranwell
>>
>
>Here's some gas politics for the list. Historically, when fuel shortages show
>up,
>it's almost always not that there isn't enough fuel, it's because of
>distribution
>problems, usually brought on by stupid government regulations, as in our fuel
>crisis
>in the 1970's when the geniuses in Washington made it illegal for gas
>companies
>to
>distribute fuel from states with an over supply, to states with an under
>supply.
>The
>other reason these show up is due to over regulation and heavy taxes, as the
>U.K. is
>now experiencing.. The U.K. is one of the world's larger oil producers and the
>excessive price of fuel, which has caused the current "trucker revolt" there
>comes
>from over taxation, not under supply. If the free market were allowed to
>determine
>fuel prices in the U.K., you wouldn't pay any more there for a gallon of
>gas/petrol
>than you do here in the U.S. And remember, the government makes as much or more
>"profit" (taxes) per gallon of gas than do the oil companies that produce it.
>And
>no, I don't work for an oil company.
>
>I'm especially interested in this now since I'm just about ready to plunk down
>my
>$$$ for my 320 HP Tiger engine and 5 speed and I don't imagine my fuel
>consumption
>is going to go down too far!
>
>Steve Sage
>
--
Jeff Howarth
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