From here:
World gasoline prices compared to the USA | GlobalPetrolPrices.com
Poor old European. Their governments are taxing them up the wazoo – all to support socialist policies and “renewable” energy slums.
Remember there are taxes on US gasoline too.
Here’s the cheapest and most expensive places relative to the US – places with low or no taxes and places with very high taxes or few facilities.
You really don’t want to run a gas guzzler in Hong Kong, but check out Norway, it has massive reserves of hydrocarbon and yet..
Price differences will be subject to transportation costs from closest refineries, but the biggest difference is going to be taxes. Taxes that no consumer would ever vote for and was not asked about. Taxation without representation.
More detail on actual prices per litre per country here:
Gasoline prices around the world, 08-May-2023 | GlobalPetrolPrices.com
Onwards!
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I suppose it's relative to earnings as well?
Nice numbers, Peter. Like those ones from late in Trump's term and early in Xiden's.
I assume electricity would be equally or more compelling.
It would be some empirical evidence to show the "Renewables are cheaper" zealots. Because so far no facts have made a dent in their ignorance. More renewables equals more redundant capacity by necessity, and more fragility, therefore inevitably greater costs despite the BS claims about solar panel and windmill prices. Solar on prime farmland, and windmills in healthy forests are 2 of the most insane policies I have seen in my life. Talk about inverted reality, it literally is the opposite of what they claim.
https://reason.com/2023/05/10/new-study-nuclear-power-is-humanitys-greenest-energy-option/
My energy bills, petrol for the car, gas for cooking, and electricity for the rest have only been going up. Quite dramatically at that.
Each nation has its own specific formulation of energy sh!tfuckery. We have a gas cartel on our east coast that rapes and pillages consumers and squeezes out industries that are energy dependent. The west coast has domestic gas reservation and costs have stayed relatively low.
Yes, the taxes are also terrible. And soon it will be a user charge for road distances covered since EV's have to be captured too while ICE vehicles drop in %. It is funny, they keep doing the same play, and it keeps working. Herd consumers into a 'free' option, then charge in some new way. After the consumer has spent hugely on the EV.
Peace.