[bjs1779]

Say oil is $100 a barrel. If you pay an 80% premium, you'd pay $180. That's the same as paying 180% of the value of the oil.

Sounds good, until you punch it up on a calculator. 100 plus 180 percent gives a figure of 280 dollars. Maybe you are a government Consumer Price Index person : )

[Toddsterpatriot]

Sounds good, until you punch it up on a calculator. 100 plus 180 percent gives a figure of 280 dollars.

The only problem is I never said anything about adding 180%. Try again?