Re: Diesel 9,5$/gl in Norway

On Tue, 13 May 2008 16:43:09 -0700, JD <jdblackwell2@[EMAIL PROTECTED]
>
wrote:

>
>
>jdoe wrote:
>> On Tue, 13 May 2008 11:28:46 -0700, JD <jdblackwell2@[EMAIL PROTECTED]
>
>> wrote:
>> 
>>>
>>> trader4@[EMAIL PROTECTED]
 wrote:
>>>
>>>> Yep, great idea.   Trust government to be able to make the right
>>>> decisions and produce fuels economically instead of private
>>>> industry.    
>>> I guess that's why gasoline is so much cheaper in Mexico. Unmitigated
greed 
>>> and market manipulation couldn't possibly be happening here in the
good ol' 
>>> USA, could it?
>>>
>>> JD
>> gas is cheaper in mexico because the government diverts their
>> production from the world market and then sells it at a loss, but
>> guess what, in order to sell oil at a loss they tax the daylights out
>> of their economy, they practically had food riots when the price of
>> tortillas was raised, in the end it's all about what pocket the money
>> comes out of. 
>
>Pemex does not sell domestically at a loss unless by "loss" you mean the 
>difference between what they might get on the world market and what they 
>net on their domestic sales. I'm fairly certain that they are not only
self 
>sustaining but contributing at least marginally to the economy.
>
>Your statement might have some credibility if you were talking about gas 
>prices in Venezuela ($0.12/gal), Nigeria ($0.35/gal), Egypt ($0.65/gal)
or 
>Kuwait ($0.78/gal)but at $2.45/gal Mexico is hardly subsidizing fuel 
>prices. Another interesting question might be why gas prices in Puerto 
>Rico, an American Protectorate over which we have control of trade, are 
>only $1.74/gal.
those countries you listed are all producers and they "give away" the
product domestically, the CNN chart you saw is misleading in PR gas is
sold by the liter not gallon, that 1.74 is probably the per liter
price
__________________________________________
Never argue with an idiot. 
They'll drag you down to their level and beat you with experience.