Picture worth a thousand words.
#1
Picture worth a thousand words.
Kind of puts all those fuel threads into perspective. Oh, and Turkmenistan?
http://www.economist.com/displaystor...TOKEN=46857255
http://www.economist.com/displaystor...TOKEN=46857255
THE cost of filling up a Honda Civic's 50-litre tank varies hugely around the world. Where some countries subsidise, others tax heavily. Pity Turkish drivers, who fork out $93.83, according to Gerhard Metschies in Foreign Policy magazine. Re-nationalised oil companies and heavy subsidies keep Venezuelan motorists happy, though those in Turkmenistan fare even better, paying only $1.06 a tank. Despite protests over rising prices, filling up in America is relatively cheap at $31.06. Indeed, this may explain the country's enormous daily petrol consumption, which in 2003 was more than the next 20 biggest consumers combined. Although consumption will have increased in some countries since then, particularly in China, it is nonetheless easy to see why George Bush has introduced a plan to cut petrol consumption by 20% in the next ten years.
#5
We are a 1st-world, highly industrialized (getting outsourced by the minute ) with a lot of people. You figure that we have a ton more space in our country for people that those other countries. Obviously, India, China, have an assload more people that we do, but are not nearly as industrialized, and the standard of living is a lot less. China will catch up very shortly (next 20 years), and pretty soon they will be the biggest consumers of gas (If we even still use the technology then).
#6
If the environmentalists would allow drilling in the Gulf of Mexico and in ANWR we’d be paying even less. Simple supply and demand.
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