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To: BigBull who wrote (72499)9/6/2000 9:07:04 PM
From: BigBull  Respond to of 95453
 
Who collects the rents?

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ogj.pennnet.com

The minister said, "What punishes the end consumer is not the raw material—not even the product itself. It is the taxes. In the principal industrialized countries, the average tax amounts to about 60% [of fuel prices]. The measure of the petroleum component is 12%. The rest is distillation and commercialization."


Commenting on how oil producers hope to get their message across regarding the real factors that affect oil prices, Rodriguez said, "One of the proposals that I am taking to the Vienna meeting deals with carrying out an intense world information campaign regarding these realities. We cannot pressure for them [importing countries] to lower taxes, because that would be disrespecting the sovereignty of those countries. If there is anything that we are jealous about, it is the sovereignty of states. However, we are obliged to inform the world population of what is happening on the issue of prices. Above all, we are determined to clarify that the problem does not depend exclusively upon OPEC."

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OPEC - The new Republicans. Ha HA HA. <gggggggggggggg>

Coming from a dedicated socialist no less.