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Originally posted by MidnightDStroyer
Still, even with the "relative" amount of luck the US has on current gas prices, it keeps going up & up & up............
[edit on 24-4-2005 by MidnightDStroyer]
Originally posted by mbkennel
Entirely improper to compare
prices of gasoline in different countries without considering taxation.
The raw price of gasoline is about the same everywhere. Crude oil is a commodity and refining technology is well known.
The differences are almost all taxation. In Europe, consumers pay a whole lot at the pump, but that money comes back recycled into their own economy.
When US gasoline is $5 a gallon, like Europe is today, that extra money will go to dissipative Saudi princes and into making nuclear weapons for terrorist groups.