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Price of Gas in Libya

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  • Price of Gas in Libya

    I talked to someone in Libya today, and he told me that the price of gas there is 2 cents a liter. A gallon is roughly 4 liter, and the US Dollar is equal to 1.2 Libyan Dinars. After doing some basic math, the price of a gallon of gas comes out to be less than a dime.

  • #2
    So? You're forgetting exportation, American distribution, and the price of fear. On a semi-related note... I find it interesting, sad, and funny that the Alaskan Governor is now presenting a law suit against the federal government for their non-allowance to drill her state for its natural resources and fossil fuels as she, and the people of her state, wishes to do.
    Do good. Be well. Make happy.

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    • #3
      Price of gas where I am hit $1.50 a litre today.

      Keep in mind, at least 40% of that is simply tax from the Government, to pay down depts that haven't existed in twenty years. The kicker? The Tax is also Taxed


      Hell, Saudi Arabia even said North America is paying too much for fuel, and we are.

      But yes, Parry is also correct.
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      "Weeds. All of them weeds. I am perfection, and I am alone in the garden of the universe." - Cyborg Superman

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      • #4
        This is why I ride my bike to work...6.5 miles one way, making earth and my wallet greener!

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        • #5
          While I was in Kuwait last year, it is about 70 cents a gallon for gas there. Odd it isn't cheaper like Libia.

          It's like a bad dream and the oil companies said F it, let's just go nuts and see how high we can go...
          Visit the Mall of Oa for all your Green Lantern needs!

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          • #6
            Yeah, the oil companies here just knew that we depend on it too much to stop buying, so they've increased the prices.
            Do good. Be well. Make happy.

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            • #7
              And the Government continues to say "theres nothing we can do about it" bullshit there isn't, if the Gov can't who can?



              Heres a solution - nuke the shit out of the entire middle east, turn the place into a sheet of glass, and tap into all the oil we want.
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              "Weeds. All of them weeds. I am perfection, and I am alone in the garden of the universe." - Cyborg Superman

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              • #8
                Originally posted by Parrylakks View Post
                So? You're forgetting exportation, American distribution, and the price of fear. On a semi-related note... I find it interesting, sad, and funny that the Alaskan Governor is now presenting a law suit against the federal government for their non-allowance to drill her state for its natural resources and fossil fuels as she, and the people of her state, wishes to do.
                Alaska should ceceaed from the nation , fuck the feds there is no reason they should be allowed to do whatever they want with their land -

                The Federal Goverment only has the powers granted to it by the consitution, all other powers are reserved to the states and people

                *looks a Constitution

                yep nothing about drilling for oil, go for it Alaska!
                My Ketogenic Journey

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                • #9
                  I'm sure Russia would be happy to acquire Alaska. I say you sell it to Canada first, its closer to us anyway
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                  Winner: Reality TV draft 2014


                  "Weeds. All of them weeds. I am perfection, and I am alone in the garden of the universe." - Cyborg Superman

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                  • #10
                    Well we know why the US govt isn't trying to hard to help with the price of gas, it's because a majority have ties to the oil companies... but that aside, if what I heard is correct, and I saw this on tv; the US gets 2/3rds of it's oil from the US... We have a stockpile of crude oil, if I remember right it was started because of the oil crisis of the 70s, but the current administration doesn't want to use it... it's too bad the politicos have stopped listening to the common people and started listening to big businesses.
                    "Reality is merely an illusion, albeit a very persistent one." - Albert Einstein


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                    • #11
                      The last figures I heard break it down like this.

                      Oil Company makes 4% per gallon

                      Federal Goverment makes 15% per Gallon

                      The rest is split between the shop owner and the state and local goverments. In some cases the state gets the bigger chunck, in New York it's 60 cents per gallon.




                      Darth_Andrea

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                      • #12
                        I heard that the actual gas stations get about 8 cents per gallon
                        "Reality is merely an illusion, albeit a very persistent one." - Albert Einstein


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                        • #13
                          I don't know about the Store Owners getting that big a cut of it. Up here at least, they make shit all. There was a time they could buy the gas, then sell it, and if it went up bonus for them. Now, at least with Shell, the owners are paid a salary, or they get profits from the In-Store stuff they sell. Of course people buy less In-Store stuff when the price of gas is so high.

                          I dunno, back when I worked as a gas-jockey with Shell, they releases a little pie graph of who made what off the gas. Store owners got a very small chunk of that pie.
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                          Winner: Reality TV draft 2014


                          "Weeds. All of them weeds. I am perfection, and I am alone in the garden of the universe." - Cyborg Superman

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                          • #14
                            There was a gas station owner around here somewhere, that was telling people that he doesn't even buy gas at his own store because it was too expensive
                            "Reality is merely an illusion, albeit a very persistent one." - Albert Einstein


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                            • #15
                              Originally posted by Chicago_GL View Post
                              Well we know why the US govt isn't trying to hard to help with the price of gas, it's because a majority have ties to the oil companies... but that aside, if what I heard is correct, and I saw this on tv; the US gets 2/3rds of it's oil from the US... We have a stockpile of crude oil, if I remember right it was started because of the oil crisis of the 70s, but the current administration doesn't want to use it... it's too bad the politicos have stopped listening to the common people and started listening to big businesses.
                              In the US, in theory, anyone (who is of age, mentally competent, and doesn't have a criminal record) can run for political office. In reality however, it costs millions of dollars to finance a campaign, and therefore to run for office you have to either be rich, or be backed by someone who is rich. The result is a government that is of the rich, for the rich.

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