[lbo-talk] $7 A Gallon Gas?

[Victor]

Look further than your gas tank and heating bills.  The rise in fuel prices 
will mean a rise in everything else.
There, among a lot of other even more important things,  goes bee bee's 
program for economic recovery straight out the proverbial window.
Victor
----- Original Message ----- 
From: "Bryan Atinsky" <bryan at alt-info.org>
To: <lbo-talk at lbo-talk.org>
Sent: Saturday, September 24, 2005 3:55
Subject: Re: [lbo-talk] $7 A Gallon Gas?


>
> Today in Yidiot Ahronot, there was an article about the imminent rise in 
> gas and electric prices in Israel. They estimated that the price of gas 
> could go up to 8 shekels a liter. At 4.545 liters to the gallon, that 
> makes 36.36 per gallon.
>
> That is: $7.90847 USD per gallon...  Right now, gas is around 5.80 shekels 
> a liter I think...I should pay more attention when I fill up my car I 
> guess.
>
> They were saying that electricity was going up from .40 agarot to 1.00 
> shekel per(whatever the unit is called for electricity). That is more than 
> double...
>
> I really hope that isn't true...
>
> So, well...that sucks I guess.
>
> Bryan
>
> Steven L. Robinson wrote:
>> (An interesting piece on the possible impact of Hurricane Rita on  the 
>> oil
>> industry- Gas is already $ 5.87 a gallon in Georgia. I say 'interesting' 
>> if
>> one can stomach the free market dogma that drips from the words of this
>> text.  The folks who rode out Katrina or are enduring Rita will surely 
>> not
>> agree that the almighty market is to be feared more than mother nature. 
>> SR)
>>
>>
>> Energy
>> $7 A Gallon Gas?
>>
>>
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