In a forum, recently, I found this reasoning. In 2000
$ 1 = 1.2 €
a barrel of oil = $ 60 a barrel and then
60 x 1.2 € = 72 €
Today
$ 1 = € 0.65
about $ 125 a barrel and then
1 barrel = 125 x 0.65 = 81 € (approximately + 12.5%)
1 barrel = 163 liters
1 liter of oil will cost € 81 and then: l = 163 which is approximately € 0.5 0 , 06 € more per liter compared to 2000
gasoline costs the average
06/04/2008>> € 1.382 / l
on 04/06/2008>> € 1.519 / l
ie, in about 60 days, increased by about € 0.14 / l in two months. Why?
Where I'm wrong?
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