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May 2008

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Subject:
From:
Brian Ellis <[log in to unmask]>
Reply To:
TechNet E-Mail Forum <[log in to unmask]>, Brian Ellis <[log in to unmask]>
Date:
Thu, 29 May 2008 09:08:34 +0300
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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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