I can't remember the exact numbers but I remember reading somewhere that if gasoline prices had tracked with inflation in general they should be pretty high today. Not that I want that of course (unlike our President).
I don't know how the breakdown of what gets made from a barrel of crude except I have read that somehwere from 21-23 gallons of gasoline is refined from each 42 gallon barrel that recently seems to be on the market for $80-$120 per barrel. Of course the other 50% of the oil also goes into making petroleum based goods that brings $$.
We are actually exporting refined gasoline for the first time in about 30 years because the poor economy and high gas prices have driven our domestic demand down. Up till now our refineries were at capacity just trying to supply America.
__________________ "I think some people love spiritual bondage just the way some people love physical bondage. It makes them feel secure. In the end though it is not healthy for the one who is lost over it or the one who is lives under the oppression even if by their own choice"
Titus2woman on AFF
"We did not wear uniforms. The lady workers dressed in the current fashions of the day, ...silks...satins...jewels or whatever they happened to possess. They were very smartly turned out, so that they made an impressive appearance on the streets where a large part of our work was conducted in the early years.
"It was not until long after, when former Holiness preachers had become part of us, that strict plainness of dress began to be taught.
"Although Entire Sanctification was preached at the beginning of the Movement, it was from a Wesleyan viewpoint, and had in it very little of the later Holiness Movement characteristics. Nothing was ever said about apparel, for everyone was so taken up with the Lord that mode of dress seemingly never occurred to any of us."
Quote from Ethel Goss (widow of 1st UPC Gen Supt. Howard Goss) book "The Winds of God"
Not sure, but he was doing pretty well, working offshore. But to Timmy...do you find the 400+% profit acceptable? Take into consideration that a normal retail store makes about a 60% profit per product.
That's what I was looking for. So, the oil companies make a 400+% profit? Wow.
__________________
Hebrews 13:23 Know ye that our brother Timothy is set at liberty
What about the oil pipeline that Obama refuses to let come through the US? It just amazes me that he refuses to allow something that could really put thousands of people at work!
That's what I was looking for. So, the oil companies make a 400+% profit? Wow.
I doubt this seriously.
__________________ "I think some people love spiritual bondage just the way some people love physical bondage. It makes them feel secure. In the end though it is not healthy for the one who is lost over it or the one who is lives under the oppression even if by their own choice"
Titus2woman on AFF
"We did not wear uniforms. The lady workers dressed in the current fashions of the day, ...silks...satins...jewels or whatever they happened to possess. They were very smartly turned out, so that they made an impressive appearance on the streets where a large part of our work was conducted in the early years.
"It was not until long after, when former Holiness preachers had become part of us, that strict plainness of dress began to be taught.
"Although Entire Sanctification was preached at the beginning of the Movement, it was from a Wesleyan viewpoint, and had in it very little of the later Holiness Movement characteristics. Nothing was ever said about apparel, for everyone was so taken up with the Lord that mode of dress seemingly never occurred to any of us."
Quote from Ethel Goss (widow of 1st UPC Gen Supt. Howard Goss) book "The Winds of God"
What about the oil pipeline that Obama refuses to let come through the US? It just amazes me that he refuses to allow something that could really put thousands of people at work!
That is said to bring gas prices up. The oil would be used to produce diesel fuel that will be exported.