Thread: 109 dollar oil!
View Single Post
Old 03-11-2008 | 01:20 PM
  #20  
capncrunch's Avatar
capncrunch
Gets Weekends Off
 
Joined: Feb 2008
Posts: 2,359
Likes: 38
Default

Originally Posted by BalloonChaser
Exactly - Back in 1997-99, the dollar to pound was around $1:1.5 pounds(1.7 in '99). Gas was also around and approaching 4 pounds/gallon over there then (so well over $5 US then!) However, it has and probably always will be much more expensive as you said due to higher gov't tax. Remember though, you want Nationalized healthcare and such that has to come from somewhere! There's a reason why there's a 40% VAT (Value Added Tax) on everything over there! BTW - I was paying $1.69/gallon (no foreign VAT) for the same gas that was over $4.00 on the other side of the fence!
That is interesting how you tied oil prices in with nationalized health care. I fail to connect the two. It's about what the government spends its money on...a war with a country that had nothing to do with 9/11 or health care for the entire USA for many years. Tough choice.
Reply