Submitted by CARPE DIEM

 

THE ECONOMIST–Petrol prices have risen as the oil price has increased. But the driver’s pain at the pump differs across countries, dependent in part on the proportion of the cost that is paid in taxes. Turks have the most reason to feel aggrieved, closely followed by the British. Americans still enjoy relatively cheap fuel—they pay far less in tax than drivers elsewhere.

For Americans, it could be a lot worse. Just the gasoline tax in Turkey, U.K., Netherlands, Germany, S. Korea and France ranges from about $4.40 in Turkey to $3.50 in France, which is more than gas costs here INCLUDING all taxes!
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