Quote:
Originally Posted by 30 Closed Cab PU
Possible effects of "Free" Health Care and other services. Also possible reason for their high cost of gas. Their prices are per liter, basically a U.S. quart. Last I remember their cost per gallon is roughly 3x what we are paying - ouch!
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I was mistaken, England gas is about twice the price of gas in the U.S. Below link was taken last year when gas was $2.99/us gallon, and equivalent price in England per gallon.
https://www.statista.com/statistics/...und-the-world/
Reasons why? Below is taken from a 2005 CNN article.
"Gas prices around the world
Think you pay a lot for gas? Perhaps you'd prefer to live in Venezuela.
NEW YORK (CNN/Money) � Gasoline prices in the United States, which have recently hit record highs, are actually much lower than in many countries. Drivers in some European cities, like Amsterdam and Oslo, are paying nearly 3 times more than those in the U.S.
The main factor in price disparities between countries is government policy, according to AirInc, a company that tracks the cost of living in various places around the world. Many European nations tax gasoline heavily, with taxes making up as much as 75 percent of the cost of a gallon of gasoline, said a spokesperson for AirInc.
In a few Latin America and Middle-East nations, such as Venezuela and Saudi Arabia, oil is produced by a government-owned company and local gasoline prices are kept low as a benefit to the nation's citizens, he said."