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Subject: Re: OT: Fuel Costs Posted on: Fri, 02 Sep 2005 01:55:36 GMT

In article <432b982f.39164555@news.optonline.com>, karens@SilSea.cupcaked.com says...
>
>
>"HC_Yacht_Deliveries" wrote:
>
>>Talked to a relative in Norway today....gasoline there is almost equal
>>to $8 US a gallon. It's not just us, guys. I say we take the entire oil
>>industry and drop them from a chopper into downtown New Orleans.
>
>I was curious to see just how much gas prices have gone up over the
>last few decades since we had to wait in lines at the fuel pumps back
>in the 1970s. This article was interesting, even though it's a bit
>dated regarding what's going on now. It shows, as did other articles
>I came across, that real incomes have gone up faster than the price of
>fuel.
>
>http://www.cato.org/research/articles/taylor-040406.html
>
Whenever I see somebody play with figures like that I figure he is
trying to mislead me.