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

[Chris Louden]

On Tue, May 13, 2008 at 8:39 AM, Emerson, Tom (*IC)
<Tom.Emerson at wbconsultant.com> wrote:
> > -----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)

Wow, I didn't realize that so much of what they paid went to taxes. I
figured some obviously, but wow .80 of 1.40.

>
>  Tom
>