And You Thought Our Gas Price Are Bad
With gas prices at or around the $4.00 per gallon mark we are all frustrated with these prices. As a Realtor I go through approximately $120 to $180 per week just for gas.
I was looking at what other countries pay and then thought, wow am I glad to be living here. When converted to gallons many countries are paying $10 or more per gallon. The reason is the amount of taxes paid. We pay federal taxes of 47 cents per gallon, while the tax per gallon in other countries such as Germany, France, the Netherlands and the United Kingdom range from $4.50 to more than $6.00 per gallon just in federal taxes.
The benefit to high prices though are that people are now conserving gas, buying more fuel efficient vehicles and the push toward alternative fuels are being sped up.