Gas price control

James Montebello jamesm at lapuwali.com
Tue May 1 06:16:59 GMT 2001


Raw product cost has nothing to do with it.  First, transport of anything
to Australia costs more only because it's far from any other sizable market,
and it itself is a fairly small market (there are only something like 20M
Australians all told, in a HUGE geographical area). 

And as for gas taxes and the retail price, Norway is an oil exporting
country (a member of OPEC), yet it has the highest gas prices of anywhere
in Europe ($5 per gallon.  US dollars, US gallons).  Venuzuela is also
an oil exporting country, and also a member of OPEC.  Gas prices there
are under $0.25 per gallon.  In neither country is supply an issue.  Taxes
make the whole difference.

james montebello

On Mon, 30 Apr 2001, Greg Hermann wrote:

> At 8:24 AM 5/1/01, Dan Zorde wrote:
> >Perth, Western Australia, just went to A$1.05/L (not much in US$, but it is
> >if you live here) for 92 Octane unleaded (up A$0.12 on previous day).  Out
> >of that over half would be government taxes.  The funny thing is that the
> >government is constantly on the oil companies backs claiming they are
> >ripping of the public, and yet there is no way in hell the government would
> >even contemplate reducing their taxes to help.
> >
> >Dan  dzorde at erggroup.com
> 
> Somebody's _GOT_ to be lying about the amount of taxes. Perth is a whole
> lot closer to the Gulf than we are, so one would think your raw product
> cost should logically be lower than ours is---
> 
> Greg
> >
> >
> >>If you are paying $1/liter for gasoline, that means that you are paying
> >>about $2.50/gallon more in _TAXES_ than the $0.60/gallon WE pay in taxes!
> >>Rather than complaining about oil company profits, I suggest that our ire
> >>might be better directed toward the politicians who charge (yes, even US)
> >>such exhorbitant taxes on our freedom to be mobile!! Doesn't seem to me
> >>that actual PRODUCT cost for gasoline of a bit under $1.00/gallon is
> >>particularly unreasonable! Perhaps we ought to line all of them up along
> >>that gas pipe line from the gulf to Europe before "bedding" it!!!
> >>
> >>Rant mode off !
> >>
> >>Greg
> 
> 
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