2 Oct
2001
2 Oct
'01
3:22 a.m.
On Monday, October 1, 2001, at 09:04 PM, Steve Schear wrote:
As Tim and others have pointed out oil only looks cheap if all the costs are not exposed at the pump.
Gee, I recall making a much different point. I recall disputing the claim that the "real, unsubsidized" price of oil is $10 a gallon for gas. Oil looks cheap because oil _is_ cheap. It gets a lot more expensive at the pump because various shakedown artists apply taxes, which they rationalize to their proles in various ways. --Tim May