Tuesday, June 24, 2008

Simple math

They tell us that petrol prices rose more than 200% since 2000. This is a huge crisis. This is a disaster for the world economies. We need to adjust to the new realities and sacrifice. But I just did some calculations last night and I came across different figures. I see some serious increase in oil prices but not a crisis. Where is the truth? Do numbers lie? See for yourselves…

2000
$ 1.00 = € 1.20
Petrol = $ 60.00/barel = € 72.00

2008
$ 1.00 = € 0.62
Petrol = $ 135.00/barel = € 83.70

Change 2000-2008 = +16.25%

1 Comments:

Blogger Psykbryt - de deprimerades stilikon said...

FUCK+OFF

=don't tell me lies

http://psykbrytet.blogg.se/2008/august/greek-greatism.html

6:36 PM, August 04, 2008  

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