Originally posted by Ron ap Rhys:
They're paying close to $10/gal over there once you do the conversion.
The reason for that is Europeans tax the living shit out of gasoline.
European oil companies pay the same on the open market for gasoline as US oil companies.
If Americans want to blame anyone for the price of gasoline they need look no further than the US Congress.
In fact because of Congress, Americans can be expecting to pay MUCH MORE for gasoline in the future.
Because of the wording of the Energy Independence and Security Act passed last year, it looks like the environmental groups are going to either sue or force the US government from allowing us to buy oil produced from Canadian oil sands. The wording of the bill seems to disallow us from purchasing oil produced from "dirty" sources. All in the name of global warming.
Nancy Pelosi was just talking about new global warming legislation this week. If passed, the price of gasoline and everything else including home heating oil will increase drastically.
Plus we have presidential candidates like Obama talking about taxing oil company profits. No one mentions that government makes more on oil company revenues than even the oil companies. That tax would add at least another 50 cents or more to the price of a gallon of gas.
I won't even bother to mention the fact that there is tons of oil right here under US soil which Congress and their special interest allies have for years prevented us from extracting. Therefore increasing our reliance on foreign sources of oil.
Members of Congress are allowed to lease cars, all at taxpayer expense. The insurance, gas, tags, and everything is paid for by the taxpayers. That is a "perk" of being a member of the House of Representatives. They don't give a fuck what the price of gasoline is.
If you are pissed of at the price of gasoline. Complain to Congress. This shit has been going on for years and it is only going to get worse.... all because of Congress.