Wednesday, June 20, 2012

Due To Low Taxes On Fuel, USA Ranks Among Nations With Lowest Price Per Gallon













US fuel taxes, state and federal combined, average about 50 cents per gallon. Fuel taxes in much of Europe are four, five, and six times higher than in the USA, typically running from $2.00 to $3.00 per gallon.

Prices in the table reflect conditions prevailing around the world in early April 2012 when prices were at their most recent highs.











(source)