[PRCo] Re: Fwd: Inflation

[Bob Rathke]

I agree with both Schneiders, and I'd like to add:

A gallon of bottled water today costs upwards of $12.  And no one complains 
about that.

Amazing, since good quality tap water is available to almost everyone for a 
fraction of a penny (in the Chicago area, a gallon of municipal water costs 
less than 1/10th of a cent per gallon).

It all depends on a person's priorities and wont to complaining.

Bob 4/5/08

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----- Original Message ----- 
From: "Fred Schneider" <fwschneider at comcast.net>
To: <pittsburgh-railways at dementia.org>
Sent: Saturday, April 05, 2008 5:27 PM
Subject: [PRCo] Fwd: Inflation


> Here is what my friend Alan Schneider ... no relation ... said in
> response to my comments.
> Fred Schneider
>
> Begin forwarded message:
>
>> From: "alschneider2 at juno.com" <alschneider2 at juno.com>
>> Date: April 5, 2008 9:41:52 PM EDT
>> To: fwschneider at comcast.net
>> Cc: trams2 at comcast.net, bbente at bellsouth.net, pittsburgh-
>> railways at dementia.org, alschneider2 at juno.com,
>> philgcraig204 at yahoo.com, jdeshlemanmd at aol.com
>> Subject: Re: Inflation
>>
>> I believe we produce about 1/3 rd of the crude we use.
>>
>> The chemical industry has become more efficient over the years, so
>> the real cost of making gasoline from crude has declined.  Crude is
>> still priced in dollars, so to a degree the fall of the dollar
>> hasn't affected the price of crude as much as it should.
>>
>> The oil industry can now make more gasoline from a barrel of crude
>> than ever before, and diesel, which in the fifties was only a few
>> cents a gallon, is now more expensive than gasoline primarily
>> because we now send the diesel to Europe in exchange for gasoline
>> (their cars run more on diesel than gasoline, and we do the opposite).
>>
>> Gasoline taxes (Federal, state, and local) haven't risen with
>> inflation.
>>
>> You don't get any service when you go to the gas station - do it
>> yourself saves money.
>>
>> The gasoline you get is better than in the fifties - no lead and
>> some very important engine protecting and environment protecting
>> additives.
>>
>> All in all, gasoline is roughly at the same real price as when I
>> was a kid in the 1950's.
>>
>> For whatever it's worth, I'm a chemical engineer.
>>
>>            Alan
>>
>>
>>
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