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Subject:
From:
Joe Fjelstad <[log in to unmask]>
Reply To:
TechNet E-Mail Forum <[log in to unmask]>, [log in to unmask]
Date:
Thu, 29 May 2008 12:08:16 EDT
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While we are on the topic... 
 
Cheers, 
Joe
 
_http://www.theengineer.co.uk/Articles/306412/Balance+of+power.htm_ 
(http://www.theengineer.co.uk/Articles/306412/Balance+of+power.htm) 
 
 
In a message dated 5/28/2008 11:09:43 P.M. Pacific Daylight Time,  
[log in to unmask] writes:

Fortunately, we are protected from the massive rises in Europe, to some  
extent, by the fact that the dollar is so weak, compared with the Euro.  
In addition, fuel is heavily taxed so that the price at the pump has not  
increased proportionally so much as in the USA. Of course, this does not  
stop truck drivers etc. from complaining, as if that was going to  
achieve anything. Since 1 January, 95 octane fuel has increased from  
¤0.99 to ¤1.10 per litre, 11%, and ours is among the least heavily taxed  
so probably has a bigger per cent increase than most of continental  Europe.

Brian

R Sedlak wrote:
> I urge all to review this  article, it is a sign of what lays ahead, and 
likely the first of many such  steps.  It will affect us all in our industry, 
profoundly.
>  
>  http://news.yahoo.com/s/ap/20080528/ap_on_bi_ge/dow_price_increase
>  
> Rudy Sedlak
> 
> 
>        
> 
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