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Re: [RC] Gas - DO NOT COMPLAIN!!!! - Maryanne Stroud Gabbani

We pay .9 LE per litre so it's probably about LE 3.5 per gallon for gas (diesel is .80 LE per litre). Prices are regulated by government. When you divide by the CURRENT exchange rate of LE6 to the dollar, this looks brilliant about 60 cents US per gallon. BUT and it's a very big but, for 10 gallons of gas you will pay roughly LE 35, which for many people is more than one tenth of their monthly income. Milk is LE 2.5 per litre or about LE 9 per gallon, and most people need milk more.

Prices are extremely relative....one reason that economics courses drove me crazy.


Maryanne Stroud Gabbani
Cairo, Egypt
www.ratbusters.net
"When once you have tasted flight, you will forever walk the Earth with your eyes turned skyward, for there you have been, and there you will always long to return." --Leonardo da Vinci



On Thursday, Mar 6, 2003, at 05:50 Africa/Cairo, Tamara Taylor wrote:


We are paying 86.9 cents per litre which works out to
$3.95 per gallon. So DON'T COMPLAIN - you guys got it GOOD! This is in
beautiful downtown Saskatoon, Saskatchewan Canada.

Tamara


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Replies
[RC] Gas - DO NOT COMPLAIN!!!!, Tamara Taylor