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Re: F... gas prices
Quote:
Originally Posted by 70Chip
I think it was definitely underpriced in the 90s when it was under a dollar. When you figure in Fed and State taxes, it was practically free. (I think oil was around $13 a barrel.) So, that was never going to last, but I don't think demand has increased proprtionately with the increase in price. I think there are other factors at work.
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Did you just make the case for oil being overpriced or that it's practically free and possibly profitless?
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