Archived posting to the Leica Users Group, 2008/07/27
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Doug is right, it is the change that matters more. While in the US it has gone from $2 to $4, here in Spain a price of a liter of unleaded has gone from around 1.10 EUR to 1.30 EUR during the past year. A substantial increase to be sure, but far from dramatic. This is because 2/3 of the price at the pump is excise tax (varies a bit from country to country, can be as much as 80% in some places), so it is only the remaining 1/3 that is affected by the oil price; and because the oil price is denominated in USD, and the dollar has fallen against the Euro during the past year, the price of a barrel in EUR has not increased as much as it has in dollars. Nathan Nathan Wajsman Alicante, Spain http://www.frozenlight.eu http://www.greatpix.eu http://www.nathanfoto.com Books: http://www.blurb.com/bookstore/search?search=wajsman&x=0&y=0 PICTURE OF THE WEEK: http://www.fotocycle.dk/paws Blog: http://www.fotocycle.dk/blog On Jul 28, 2008, at 6:12 AM, wildlightphoto@earthlink.net wrote: > grduprey@mchsi.com wrote: > >> i would never make the statement that our fuel prices are higher >> than those >> in Europe or Australia. I know they are higher there, but they are >> very high >> right now for the US. > > Rather than the absolute price, what we in the States/Colonies are > having problems with is the percentage increase. Absent a change in > driving habits, the added cost has to come from some other budgeted > item. For some of us food or clothing is the only budget item that > can be squeezed any more (good thing I don't have to cut back on > film & processing). > > Doug Herr > Birdman of Sacramento > http://www.wildlightphoto.com > > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information