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Steven Shelikoff
 
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Default Fuel Prices Feeding GOP Greed?

On 04 Mar 2004 23:22:18 GMT, (JAXAshby) wrote:

Consumer prices for gasoline are up sharply, without any apparent
reason.


gas prices are up because crude oil is priced in US dollars, and the US dollar
is falling relative to Euros etc.


That's not the only reason. Also included are a very cold winter in the
NE and the switch to different gas formulation. The reasons are very
apparent.

But adding to your point, just wait and see how much it'll cost you to
fill your boat when OPEC prices oil in Euros. Sailing will become a lot
more popular.

Steve