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To: RHINO369
Most of the cost of gas is the crude oil prices. Even with free unlimited refining we'd still have to pay 75 bucks for a barrel of oil.

As far as I know, China is as dependent on outside oil as we are.

218 posted on 04/21/2006 5:50:01 PM PDT by bjs1779
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To: bjs1779

Those prices are from May 2004, and it doesn't say what the US was paying.

Thats why I was asking where they get their oil from. Notice how oil producing nations have super cheap oil. If China gets cheap oil from some friendly nation that could explain it. Most of the price of gas is in buying the oil. Thats where the real gouging is going on. Its costs middle eastern nations 4 bucks a barrel to pull oil from the ground and they sell it for 75. OPEC are the ones price gouging.


219 posted on 04/21/2006 5:55:12 PM PDT by RHINO369
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