-- in 2000, 1 barrel = $60 or 72 euros at the then exgange rate of $1 = 1.2 euros, and the price at the pump was 0.82 euros/liter
-- and in 2008, 1 barrel = $110 or 70.40 euros at the exchange rate of $1 = 0.64 euros, and the price at the pump which should be the same or even lower is 1.28 euro/liter ?
Seriously.
Check DoDo's post on 70€ per barrel. Vencit omnia veritas.
Also, in France in 2000 there was the "floating TIPP" which means that the tax was going down if gas prices went too high. Most probable reason. Un roi sans divertissement est un homme plein de misères
To which I can only say, huh? $60 was reached for the first time on 23 June 2005. *Lunatic*, n. One whose delusions are out of fashion.
