Just think about this….
In the year 2000
1 $=1.2 € Cost of 1 Barrel of Petroleum = 60$
Thus
1 Barrel = 72 €
Today ( May 2008)
1 $ = 0.63 € Cost of 1 Barrel of Petroleum =115$.
Thus
1 Barrel = 72.45 €
Can I ask a silly question?
Through out the years 2000-2008 the price of one barrel of petroleum raised 0.45 €
Why do I pay for my car fuels at at least 2 times the price i payed last year?
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