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Old 01-03-2008, 08:53 PM
 
Location: Sitting on a bar stool. Guinness in hand.
4,429 posts, read 5,761,919 times
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Quote:
Originally Posted by mikeyyc View Post
Oh no, $4 a gallon.

Oh please. Welcome to the rest of the world. Gasoline is so undervalued here in relation to the rest of the planet that it is laughable. Hell milk is more expensive. UK is about 4 pounds + per gallon (US) That makes it the better part of $7-8.

Don't like the prices, drive less, or be more fuel efficient.
1. Isn't the price of gas so high in Britain because of high taxes on the gas itself not just the per barrel cost of oil.

2. I not concerned about the price of milk because I'm lactose intolerant.
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Old 01-04-2008, 02:10 PM
 
Location: Hougary, Texberta
8,932 posts, read 11,499,269 times
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Quote:
Originally Posted by baystater View Post
1. Isn't the price of gas so high in Britain because of high taxes on the gas itself not just the per barrel cost of oil.

2. I not concerned about the price of milk because I'm lactose intolerant.
1) yes, but I was referring to people who lament the end of western civilization when the thought of $4 a gallon comes. You and I and everyone else will pay what it takes, because we won't walk 20 miles to work.

2) Please feel free to substitue the beverage of your choice. I think beer works out to be about $12 or so.
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Old 01-04-2008, 02:18 PM
 
Location: Sitting on a bar stool. Guinness in hand.
4,429 posts, read 5,761,919 times
Reputation: 1705
Default yeah

Quote:
Originally Posted by mikeyyc View Post
1) yes, but I was referring to people who lament the end of western civilization when the thought of $4 a gallon comes. You and I and everyone else will pay what it takes, because we won't walk 20 miles to work.

2) Please feel free to substitue the beverage of your choice. I think beer works out to be about $12 or so.
1.On the first point agreed.

2. Yeah. that's about what it costs to get a couple of Sammy Adams down at my bar of choice.
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Old 01-05-2008, 12:42 AM
 
Location: Fort Myers Fl
2,305 posts, read 2,732,943 times
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Quote:
Originally Posted by tallrick View Post
The rise in oil prices is just a reminder of how much value our dollars have lost. As for supplies, peak oil has been known for decades. I for one look forward to expensive oil and a retreat from the suburbs. The whole economy needs to change, and unless it does, we are really going to be in a bad place.
Don't worry about peak oil. There is plenty.
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Old 01-05-2008, 01:33 AM
 
31 posts, read 65,779 times
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according to this news, which Market can we start to trade at?
Trade at Forex on OIL or on EUR/USD or buying a Gold real or in Forex market ?
what do you think?
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