Re: Diesel prices

On Mar 7, 7:59 pm, JD <jdblackwe...@xxxxxxxxxxxxxxx> wrote:
Juergen . wrote:
Richard Cole wrote:
Boy, that's cheap, in the UK it's nearly 3 times that (See
http://www.see-search.com/business/fuelandpetrolpriceseurope.htmfor a
comparison of US to Europe).

That's very old figures (August 2005)

Here in Germany a typical price today
is 1,37 Euro/litre for Diesel and
1,45 Euro/litre for Premium (Super).

In UK currency that's 1.04 pounds resp. 1.10 GBP.

In US terms that's 5,19 Euro per gallon Diesel
and 5,49 Euro per gallon Premium.

Based upon the high Euro and the weak US Dollar
Germans on vacation in the US would pay Euro 2.70
per gallon Diesel, that's 0.71 Euro per litre.
In other words: Fuel in the US today is half of
the German price.

The telling side of the equation is how much of the price is taxes.
According to this (http://en.wikipedia.org/wiki/Gasoline_tax) you guys in
Europe are getting screwed royally by taxation while we apparently pay more
to the oil companies. I guess that revolution paid off. Now to do the same
to the corporations.

JD- Hide quoted text -

- Show quoted text -

And I guess rising world demand and the fact that oil went from $20 a
barrel to $100 in a relatively short period of time has nothing to do
with it? If you want to place blame for high prices, start with the
governments that form OPEC, ie Saudi Arabia, Venezuela, Iran,
Indonesia, etc. And then I'd also blame the environmental extremists
that won't allow drilling in many areas of the USA, like offshore,
ANWR, etc.
.

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