Gas Prices in Europe.........?
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Gas Prices in Europe.........?
With gas prices creeping steadily upward I find myself going to places like www.gasbuddy.com to find the lowest prices in my area but just wondered if there is an equivalent for Europe?
Stapfam......anything like this for the UK?
Stapfam......anything like this for the UK?
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I read a story a few days ago that said gas prices in parts of France were now over $9/gallon. While the price in Venezuela is $0.12/gallon - subsidized by the central government.
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And No Gasbuddy over here. You just ask your mates where the cheapest fuel is.
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Our prices for petrol are in pennies per litre (0.264 US gallons)
High prices are £1.23p per liter ($2.41 per litre)
That is $9.13 per US gallon
High prices are £1.23p per liter ($2.41 per litre)
That is $9.13 per US gallon
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Last April I was cycle touring in Sicily, and I did the math after I rode past a few service stations. It came out to $8 - $8.50 per US gallon, although I'm sure it's gone up a touch since then.
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#7
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And on cost per mile. It is not unusual to have cars over here that do 40 miles to the gallon. So $13 per gallon at 40 MPG = a lot better than some of you over there. In fact- With Economy in mind- Cars are appearing that do 60MPG- without driving as if you are barefoot with broken glass under the throttle pedal.
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When I was stationed in Morocco while in the Navy, gas was 1.72 per litre... and that was in 1971!
Egad, what are they paying now!!!
Egad, what are they paying now!!!
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How much of the cost of "European" fuel is tax?
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The price of crude oil as we constantly hear on the news is a world market price. The $135 or so cost per barrel is paid by everyone. Of course in order to get gasoline or diesel, the crude must be refined and refined product is also world market price driven.
Therefore, there is one primary factor that accounts for the difference in price of gasoline/diesel between the US and Europe. You guessed it --- the taxes placed on the product by government. So, we will be paying the same price for gasoline/diesel as the Europeans as soon as the US government raises the taxes on the product even higher than they are now.
Remember, the government makes more for every gallon sold than the oil companies do. Yes, a good part of the taxes collected go, hopefully, to roads and other transportation uses with the intent that the users pay for the roads and other transportation projects.
Therefore, there is one primary factor that accounts for the difference in price of gasoline/diesel between the US and Europe. You guessed it --- the taxes placed on the product by government. So, we will be paying the same price for gasoline/diesel as the Europeans as soon as the US government raises the taxes on the product even higher than they are now.
Remember, the government makes more for every gallon sold than the oil companies do. Yes, a good part of the taxes collected go, hopefully, to roads and other transportation uses with the intent that the users pay for the roads and other transportation projects.
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Story in today's WSJ about going over the border to Mexico and filling up with $2.50/gal gas. Diesel is even less. People are installing 98 gallon gas tanks in their trucks. Gas is still government aided in China below $3.00 a gallon also.
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Remember, the government makes more for every gallon sold than the oil companies do. Yes, a good part of the taxes collected go, hopefully, to roads and other transportation uses with the intent that the users pay for the roads and other transportation projects.
Jim
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Driving in Europe - read it https://www.eia.doe.gov/emeu/international/gas1.html and weep. Scroll down for 2008 prices.
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