The difference in the price of gasoline between here and Europe is that here the feds charge an 18.4 cents per gallon tax, with at least Indiana tacking on another 18 cents plus sales tax. There are other pass along taxes on the gallon, but no where near the amount of tax on gasoline in Europe that gives them a $10 per gallon price equivalent. If gasoline in the US was taxed like it is in Europe ours too would be double what it is.
Unfortunately when it goes from $3.00 per gallon to $4.00 per gallon usually that is based on speculation and not actual cost plus tax.
It would be nice if we were to open up some new refineries, a novel idea, drill our own, and be able to tell the middle east to drown in their oil.
Unfortunately when it goes from $3.00 per gallon to $4.00 per gallon usually that is based on speculation and not actual cost plus tax.
It would be nice if we were to open up some new refineries, a novel idea, drill our own, and be able to tell the middle east to drown in their oil.