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To: kinoxi

Then I’ll explain it to you. Europe is paying the equivalent of $60/bbl for oil. Why ? Here ya go...

http://www.americanprogress.org/issues/2004/11/b258795.html

Math may be simple but context is everything.


27 posted on 03/04/2008 1:06:04 PM PST by cinives (On some planets what I do is considered normal.)
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To: cinives

The US Dollar equates to more.


29 posted on 03/04/2008 1:08:08 PM PST by kinoxi
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To: cinives

Yes, but the Euros WERE paying the equiv of around $20/barrel not that long ago so it’s still tripled for them. (up 5x-6x for us)


48 posted on 03/04/2008 3:52:39 PM PST by rb22982
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