To toil for oil

[Guest]

"Now the exchange value. What can we exchange for one barrel of oil? I have a few examples that might be of interest to you. I have to confess that I was very interested when I heard these examples that I'm going to share with you, drawn from different tables and studies. Do you know, for instance, that a barrel of oil (let's assign the average price for this year in Venezuela, $26.2 a barrel - this is the average for this year in Venezuelan oil. Let's take that as a point of reference, as a benchmark.) Do you know how much a barrel of unleaded gasoline is worth? Well, a barrel of unleaded gasoline costs $30.6, without considering the taxes, and with taxes it's worth $54.14 a barrel. That is to say, one hundred percent more than a barrel of oil is worth, in the case of Venezuelan oil. Do you know how much (and forgive me for this ad) a barrel of Coca Cola is worth? A barrel of Coca Cola is worth $74.7: 303% compared to a barrel of oil. A barrel of spring water, $94.37: 360%. A barrel of milk: $150. A barrel of ice cream: $1,105: 4,250% compared to our poor little barrel of oil. A barrel of good wine is worth, you know how much?, $1,370: 450% more. This is almost laughable, but let's tell the truth to the whole world. A barrel of shampoo - $2,056; a barrel of Tabasco sauce - $2,600; a barrel of tanning oil (when you go to the beach) - $5,365: the gigantic proportion of 620% compared to our poor little barrel of oil."

http://www.opecsummit.org/opecsummit/oengl...havez27_en.html

[Chief Rebel Angel]

lol great post
certainly oil is more important that those products, but why is it cheaper?
i never have thought about relating all those things in such matter... truely interesting...