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"Jack Goff" wrote in message ... On Mon, 31 Jul 2006 11:11:11 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message . .. On Mon, 31 Jul 2006 06:18:21 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message m... On Sun, 30 Jul 2006 14:50:32 GMT, "JoeSpareBedroom" wrote: 34% return on your money? Again, Trump would love that kind of profit! It's not all that unusual in some businesses. But, there seems to be a magic number, beyond which some people think it's excessive. Even the oil industries profits would not be considered outrageous, if the absolute price (which we pay) wasn't out of hand. But it's not at all unreasonable. We pay about *half* of what the European countries pay per gallon. I don't like paying it, but maybe you'd like to explain how the US price is "out of hand", especially compared to the rest of the world? A sentient being would understand why what you have said is completely illogical. So you can't back up your statement, huh? That's OK. That bit about Europe - do you think it means we should realize how good we've go it here, and stop complaining? Bzzzt. I asked first, and you haven't answered. Explain how the US price is "out of hand". The price elsewhere is completely irrelevant. That's your answer to the Europe issue. As far as the price here, 25% to 35% of it consists of trading excess, like tech stocks before the bottom fell out. For stocks, it doesn't matter, because nobody is required to own them. For oil, the design of our country (which only gets worse) mandates its use. The oil companies, knowing this, do whatever they want with the price. That's a crime, and should be dealt with. |
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