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echo: coffee_klatsch
to: Bob Ackley
from: Roy Witt
date: 2008-05-26 15:34:38
subject: Unbelievable article

25 May 08 05:16, Bob Ackley wrote to Roger Nelson:

 RN>> In my previous missive, I neglected to include the URL.  Here it is:

 RN>> http://articles.moneycentral.msn.com/SavingandDebt/SaveonaCar/Why4Do
 RN>> ll arAGall onGasIsABargain.aspx

 RN>> You may not be able to get it into your web browser, so I'd suggest
 RN>> a visit to tinyurl.com to shorten it.

 BA> Judging solely from the title (I don't have Internet access) - and
 BA> noting that several 'experts' have been and are claiming that
 BA> gasoline is cheaper than it used to be - my comment is that it's
 BA> probably BS.

Being cheaper or about the same has been the story of gasoline for
decades. i.e. the article claimed that 1920 gasoline prices inflated to
today would cost about $3.11 per gallon. Not far off. But the offsetting
killer was and is the increases in other things automobile related. As in
oil searches and extracting, maintenence, insurance, etc.. In comparison
to Europe's $8 prices, and their costs for the above, gasoline at $4 is
much cheaper here. As the Euros will tell you, that price is on the
plus side of 50% taxes collected by the government.

                R\%/itt



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