12.17.2003

Economic drain of oil imports

"When added to the most recent nominal price for a barrel of imported oil, they raise its "real" price to between $101.40 per barrel and $103.24 per barrel. This translates into a pump price for gasoline of between $5.01 and $5.19, or from $90.18 to $93.42 to fill an average gas tank. "

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