bichmgnt said:
Just another reason Europeans ridicule us. If we were in the same situation we'd be laughing at them on the evening news saying that finally the rest of the world is feeling our pain. But when we finally feel a little pinch in the gas tank we minimize how truly painful it is for the rest of the world by saying 'Hey you're used to it.' ????????
Stupid Americans.
But it does bring up the question of why it is that high for them. How much of that $5/gallon is taxes?
Steve
Kind of a knee-jerk reaction and a bit dramatic, don't you think? I would also be careful who you call stupid. You have no idea what my background or world-view is, and I guarantee it is at least as rich and enlightened as yours, but I digress.
We may have cheap gas, but our workers don't get 7 weeks of paid vacation or the wonderful pace of life they have over there, which is why I travel to Europe as much as I can. Not to mention that they love diesels and do not share our obsession with SUVs, so their true out of pocket costs are similar to ours given that their cars, mostly Direct Injection Turbo-Diesel hatchbacks, get 50-100% better mileage than ours do.
As for your question, it is nearly all taxes. Oil costs the same on the world market, and the transportation and refinery costs in Europe should be similar to that in the US. Perhaps some of it could be placed on additional cost, but primarily it is their attempt to discourage the kind of mindless gas consumption that goes on in the US.
Back to my original point, which was not to minimize this 'pain' you seem to think they suffer under mercilessly, but rather make the valid observation that if you are used to high gas prices you don't feel the impact as greatly as if you are not, since you have structured your usage and vehicle choice accordingly. We don't have the mass transit resources they do in Europe, and thus drive many more miles a year than they do.
My problem with the current increase in gas prices, and the general structure of the petroleum market in general is that the oil companies raise their prices at any chance they get, but don't lower them when the opposite market or exterior forces occur.
And just so you don't misunderstand, I fully appreciate how easy we have it in this country and how much we consume.