Quote:
Originally Posted by The Chief (tm)
Jimmy, true, but then again, there are lots of countries in Europe with the equivalent of $10 / gal. gasoline, but which still have a high standard of living... despite getting reamed on natural gas prices since Russia started playing games with supply.
|
That's just gasoline. And the only reason it is that high is because they tax the crap out of it. All of the other things that are made from petrochemicals are made out of the same $75 oil as the rest of the world, hence an equivalent standard of living.