In most of Europe, the cost of gas is above US$9 per gallon. And remember, we have subsidies for oil pricing that partially/fully offset the taxes levied at the pump.
Without oil subsidies, many alternate forms of power would be much closer to the point of economic break-even, or might already have passed that point. L. --- In FairfieldLife@yahoogroups.com, wleed3 <WLeed3@...> wrote: > > higher taxes in europe, however the enjoy the same depleation allowances as > do we here & in canada but taxed nore in canada indian res here sells cdn gas > 3 3.55 & off res its 3.89 & ont 4;54 usd > > > > In a message dated 05/26/12 19:27:06 Eastern Daylight Time, LEnglish5@... > writes: > BTW, the cost of gasoline in the USA is heavily subsidized. The cost of gas > in Europe is 2-3x what it is in the USA. > > OTOH, the cost of gasoline in Venezuela is about 1/10-1/20 what it is in the > USA. > > Just a factoid that may or may not have anything to do with anything. > > > L > > > > > > > ------------------------------------ > > To subscribe, send a message to: > fairfieldlife-subscr...@yahoogroups.com > > Or go to: > http://groups.yahoo.com/group/FairfieldLife/ > and click 'Join This Group!'Yahoo! Groups Links > > > > http://docs.yahoo.com/info/terms/ >