Gas in the US is still cheap compared to Europe

Posted on May 06 2008

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gas pump
Average gasoline prices in the states are around $3.40 per gallon. People are literally freaking out saying that the prices are way too high.
But what if you had to pay what people in Europe pay? Would you sell your pickup truck and start driving something more efficient that gets you at least twice the mileage?

Why do Europeans pay so much more? The gas prices in Europe depend on the countrys tax system. Over half of the money you pay on gas goes to cover different taxes on gasoline.

check the below for comparison:

gas prices in europe and usa

*Gas prices by Eurostat(as of April 18) as an average cost of one liter of Euro-Super 95. Exchange rate we used to convert Euros to Dollars is: 1.5485 (as of May 6th)

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Posted under Energy, automotive news |

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