Mailing on the price of oil from foreign countries

[Christophe]

Currently a mailing (to the con) on the price of oil "cheap abroad" is running ...

The figures are undoubtedly correct (or about right) but the debate is not there ...

Those who initiated it believe they are clever (I recall that any self-respecting econologist is against cheap oil) but they are idiots who would probably not trade their standard of living and average salary for most of the countries listed in the listing .... or else you have to take all of this with humor ... in any case, it doesn't make me laugh ...

In addition, most of us, if we were born in these countries, would not even have a car ... then the price of fuel we would bump into it ...

Here is the mailing in question:

Refuel cheap?

So you have to go to:

Afganistan Normal Essence EUR 0,43

Algerien Diesel EUR 0,11

Aserbaijan Diesel EUR 0,31

Egypt Diesel EUR 0,14

Ethiopia Super EUR 0,24

Bahamas Diesel EUR 0,25

Bolivia Super EUR 0,25

Brazil Diesel EUR 0,54

China Normal EUR 0,45

Equador Normal EUR 0,24

Ghana Normal EUR 0,09 !!!!!!!

Greenland Super EUR 0,50

Guyana Normal EUR 0,67

Hong Kong Diesel EUR 0,84

India Diesel EUR 0,62

Indonesia Diesel EUR 0,32

Iraq Super EUR 0,60

Kazakhstan Diesel EUR 0,44

Qatar Super EUR 0,15

Kuweit Super EUR 0,18

Cuba Normal EUR 0,62

Libya Diesel EUR 0,08 !!!!!!!

Malaysia Super EUR 0,55

Mexico Diesel EUR 0,41

Moldova Normal EUR 0,25

Oman Super plus EUR 0,20

Peru Diesel EUR 0,22

Philippines Diesel EUR 0,69

Russia Super EUR 0,64

Saudi Arabia Diesel EUR 0,07 !!!!!!

South Africa Diesel Eur 0,66

Swasiland Super EUR 0,10 !!!!!!

Syria Diesel EUR 0,10 !!!!!

Trinidad Super EUR 0,33

Thailand Super EUR 0,65

Tunisia Diesel EUR 0,49

USA Diesel EUR 0,61

Venezuela Diesel EUR 0,07 !!!!!

United Arab Emirates Diesel EUR 0,18

Vietnam Diesel EUR 0,55

Ukraine Diesel EUR 0,51

And a typical answer you can make by ANSWERING ALL:

This kind of email is pretty stupid!
Compare these figures to local average wages, therefore to LOCAL PURCHASING POWERS ...
Most of you (us) would refuse to work for 10 times their hourly wages ...

It is therefore ONLY in the USA that it is really advantageous ... but that is not new.

a+

ps: I still find it hard to understand how at the pump for a refined product, we arrive at a price lower than that of crude ...

[little sparrow]

Re,

Compare these figures to local average wages, therefore to LOCAL PURCHASING POWERS ...

OK ... let's compare ...

but by the way ..., do you have these figures of the "local average wages" of these countries .. ???

Ciao good evening ....

[martien007]

Re,

Compare these figures to local average wages, therefore to LOCAL PURCHASING POWERS ...

OK ... let's compare ...

but by the way ..., do you have these figures of the "local average wages" of these countries .. ???

Ciao good evening ....

Well, that's good: my daughter and her boyfriend are on vacation in Ghana at the moment.
I might have more info on the subject in a while for this country, because in general they rent a van on the spot and move around the country, so they have an idea of ​​prices in general and also the standard of living of people as they cross various lands.

Here is interesting: http://fr.wikipedia.org/wiki/Ghana

gold mines
child slavery still today
22 million inhabitants
life expectancy = <62 years !!!! (Only 3,5% of the population is over 65) *
apparently no oil in the basement

It is rather poor it looks like, except the privileged few who fill their pockets thanks to the gold mines .... as usual !!!

*: compare to France:

In addition, the age pyramid has seen its structure evolve since the start of the XNUMXst century: the share of the oldest population is increasing, due both to the increase in life expectancy (France enjoys one of the longest life expectancies in the world [20]) and the arrival towards the third age of the baby boom generation - this phenomenon is commonly called the grandpa boom.

Knowing that this population of papy-boomers is generally relatively little in need (not all retirees of course, there are elderly people who live in France with pensions of misery, but next to that not there is not bad wealthy with good comfortable retreats).

It is clear that we cannot compare ourselves to Ghana: they do not have taxes on petroleum products, but in France it is the biggest part of the price at the pump.

[elephant]

local wages (net in pocket)

if in the countries of eastern europe we start to approach or even exceed 500 euros / month, in china we are still at 250-300.
In very poor countries, some people earn less than 2 euros a day.
Of course for some countries, we overuse children for a crust of bread, like 2 euros / day.

[Christophe]

1) Local wages: most are around 10% that of Western European countries ... Some less, some more ...

You will find all these figures on http://fr.wikipedia.org or the CIA factbook: https://www.cia.gov/library/publication ... -factbook/

Take the GDP, divide by the number of inhabitants, that is A.
Do the same for France, ie B.

X = A / B

Take the French hourly minimum wage multiply it by X and you will get an "idea" of the local minimum wage ...

2) Here is a small curve (to update) which should make you think of more than one:

The continuation and method: https://www.econologie.com/forums/heures-de- ... t2786.html