norman.walsh.name: Comments on /2006/07/17/oilhttp://norman.walsh.name/2006/07/17/oil/comments.atom2012-05-23T11:13:26.162624ZComment 1 on /2006/07/17/oilhttp://norman.walsh.name/2010/09/25/oauth#comment00012006-07-17T19:28:53Z2006-07-17T19:28:53ZSjoerd Visscherda39a3ee5e6b4b0d3255bfef95601890afd80709

I find it incredible how one ocean can make such a huge difference. (Maybe it's not so incredible, it's mostly taxes.) 2.69$/gallon? The current average Shell price in the Netherlands is 7.00$/gallon.

Comment 2 on /2006/07/17/oilhttp://norman.walsh.name/2010/09/25/oauth#comment00022006-07-17T19:37:06Z2006-07-17T19:37:06ZTomda39a3ee5e6b4b0d3255bfef95601890afd80709

The sure thing? The funky thing about economics is when everyone thinks it is a sure thing. That is the point when the prices moves the other direction, the real "Sure Thing."

Comment 3 on /2006/07/17/oilhttp://norman.walsh.name/2010/09/25/oauth#comment00032006-07-31T02:03:07Z2006-07-31T02:03:07ZMJda39a3ee5e6b4b0d3255bfef95601890afd80709

I believe commenter Sjoerd Visscher will find that Netherlands taxes oil at much higher rates than the US. It's not geography, but governance and policy that makes the difference.

Comment 4 on /2006/07/17/oilhttp://norman.walsh.name/2010/09/25/oauth#comment00042007-04-25T00:09:42Z2007-04-25T00:09:42ZNorman Walshda39a3ee5e6b4b0d3255bfef95601890afd80709

And, as it turns out, the prices did go down. So this year, I lost. I've won before, and I had peace of mind in any event, so I don't mind. Much.