[SGVLUG] RE: [OT] fuel prices and the dollar (was interesting, border inspection issues)

[Emerson, Tom (*IC)]

> -----Original Message----- Of Chris Louden
> On Mon, May 12, 2008 at 8:24 PM, Tom Emerson 
> <osnut at pacbell.net> wrote:
> >
> > the price of gasoline -- 1.40+ EURO per LITRE -- at the 
> exchange rate 
> > we got (something slightly worse than $1.60 per euro), this 
> works out 
> > to about $9/gallon ...
> 
> So basically you are confirming that the price of gas really 
> isn't high, but that the US dollar has lost its value.
> >

A little of both -- if the dollar and Euro were on par at 1:1, this
still works out to $6/gallon.  I'm not sure, but I think I heard my
friend say that the taxes on gasoline worked out to nearly 80 (euro)
cents per litre (i.e., 3.20/gallon)

Tom