Originally posted by Ebeauchea:
There's a news story that came out today..looks like we don't have it so bad. While gas is around 3.53/Gal in NJ it's as high as 18.24/gal in some countries. Venezuala is paying 12 cents a gallon along w/ Kuwait and Said Arabia paying for .40 cents. What the hell is going on here?
You didn't do your research.
In those countries gasoline is subsidized by the government. They are also oil producing countries and members of OPEC. The oil industries are state owned.
Have you bothered to check what Europeans pay for gasoline?
Canada is a major oil supplier and it isn't that cheap up there.