T&T: $100 + a barrel

John Gaquin jfxgaquin at gmail.com
Fri Jan 4 11:47:17 EST 2008


On Jan 3, 2008 6:36 PM, Peter Gelinas <petergelinas at hotmail.com> wrote:
>
> ... a 'third world nation' who can't afford the world price of gas and
> oil (currently over $6.00/gal in Spain).

European and Asian countries pay essentially the same price we do for
crude.  If they retail it for 100% more than US, the bulk of the
difference is likely in taxation.


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