Rollnhome wrote:
These fuel prices are meaningless without the average wager for the working class folks. If average income is 10k a year these are high prices, if average income is 100k these are good prices.
By themselves they are just numbers.
I guess I'm not sure what "average income" has to do with oil prices. What difference does it make what one makes in regards to prices? Is that saying that the richer the country the more they should be charged for consumer goods? Just curious.
Fuel prices are high in Mexico and the prices in the U.S. will surely go up again. That said, our consumer prices reflect the high cost of fuel. In Monterrey a city bus, air conditioned with wifi runs 12 pesos, 6 pesos for children, students and seniors. (dollar is roughly 13.3 pesos).
