RE: Peeved at the pump

From: Glenn Morton <glennmorton@entouch.net>
Date: Thu May 13 2004 - 22:29:22 EDT

> -----Original Message-----
> From: asa-owner@lists.calvin.edu
> [mailto:asa-owner@lists.calvin.edu] On Behalf Of Howard J. Van Till
> Sent: Thursday, May 13, 2004 7:37 AM

> 1. Yes, as Al Koop knows well, the US population has been
> systematically (and tragically) "protected" from knowledge
> of the actual value of oil.

I disagree with this. We are paying the value of oil in our gasoline.
The other countries are paying 60-80% taxes on their oil. The UK
government made more per barrel than OPEC did, which meant when Tony
Blair would jawbone OPEC to lower prices, they would laugh at him.
Received on Thu May 13 22:30:20 2004

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