Ah tis very true
didn't you know we enjoy paying high taxes in the UK, its part of our
tradition.
God now you got me started :-)
-----Original Message-----
From: John Lee [mailto:[log in to unmask]]
Sent: 24 April 2001 15:56
To: Stephens Gary; [log in to unmask]
Subject: Re: [HP3000-L] OT: Gasoline prices and what consumers are doing
about it( A thought from across the pond)
How much of that $5/gallon are taxes?
John Lee
Vaske Computer Solutions
At 07:51 AM 4/24/01 +0100, Stephens Gary wrote:
>A thought from across the pond,
>
>hmmm $1.00 a gallon, I dream of paying less than £3.00 a gallon, hell
that's
>around $5 a gallon. However let's not loose sight that the US Gallon is
>smaller than the UK gallon (Boy that makes me feel so much better :-(
>perhaps we need a shortage !
>Then again better not as it would only produce a reason to increase prices
>further. I am not saying you should be grateful (far from it) one day I
>intend to visit the US. Not just to see the sights and deliver lots of hard
>earned cash into the 'Disney' regime but just out of curiosity, I want to
>know what it feels like to fill up a car and pay less than $140.00 for that
>privilege, that's what my receipt says for last night, and that was a cheap
>petrol station !
>
>Yours in poverty and despair (whilst still dreaming of that fabled $1.00
per
>gallon)....
>
>Gary Stephens
>Windward Solutions Limited (UK)
>
>-----Original Message-----
>From: Mark Wonsil [mailto:[log in to unmask]]
>Sent: 23 April 2001 23:41
>To: [log in to unmask]
>Subject: Re: OT: Gasoline prices and what consumers are doing about it
>
>
>Ray Shahan wonders aloud:
>>If there is a shortage at $1.00 per gallon, then why can I have all I want
>>at $1.75 per gallon?
>
>More accurately, you can have all you want as long as you have enough money
>to buy it. A shortage is the amount that demand outstrips supply and not
an
>absolute quantity. If there was only ten ABBA records in the world and
only
>three people want them, then there is no shortage. If there are five
>million ABBA records and seven million people want them (and I'm not sure
>why), then there would be a shortage of ABBA records. Also, all demand is
>local and distribution comes into play. ABBA may not sell as many records
>in the Mississippi Bayou as they do in New Jersey. So I can have plenty of
>ABBA records in Biloxi at a lower price than in a New York suburb. Now,
>back to gasoline. As the price goes up, some will decide to walk, ride
>their bike, take the bus, carpool or buy a more efficient car. The demand
>goes down, narrowing the shortage, so there is still some available to
those
>who want to pay the higher price.
>
>>If there is truly a shortage, then why no rationing?
>
>In a centrally planned economy, you would have rationing. Rationing is
just
>another way to allocate a scarce resource. Although history shows it can
be
>fraught with fraud and corruption and it usually lags the actual
>demand/supply curve by months by the time the planners analyze the data.
>
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>
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