Iraqi's paying 5 cents a gallon for gas?!

[Psst_Im_Not_Here]

Man, can't wait for what's said about all this!

http://news.yahoo.com/news?tmpl=story&u=/ap/20040606/ap_on_bi_ge/iraq_cheap_gas_4

[billybob537]

1. We pay $2.50

to Cheney, Opps I mean Haliburton to import it in to Iraq and then we sell it for $0.05. Thats how Shrubco operates. How else could he break two oil companies?

[patriotvoice]

2. Average world price per gallon is just under USD $ 5.00

Life's a bitch.

[Psst_Im_Not_Here]

3. I just wonder

how much that equates to our cost. In other words, how much of a percentage of their income is that? You know, value in real money. How much money do they make? If someone is making 50 cents an hour, that would actually be 10% of their hourly wage.

The thing that gets me is that with all that oil there, we are paying for the processing of the oil. We are actually buying the oil from nearby countries. It seems to me it would be a heck of a lot cheaper to build the refineries.