Belgian Oil Prices
In the year 2000 1 US Dollar = 1,2 Euro
1 barrell crude oil costed 60 Dollar.
1 barrell crude oil costed 72 Euro.
at the pump we payed 0,82 Euro for 1 liter of Diesel.
In the year 2008 march, 1 US Dollar = 0,65 Euro
1 barrell crude oil costs 110 Dollar.
1 barrell crude oil costs 70,1 Euro (Oops ??!!...)
at the pump we pay 1,25 Euro for 1 liter of Diesel...
If 1 barrell of crude oil is cheaper now in Euro than it was in 2000,
Then why are we paying 50% more for a liter of Diesel!?
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