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Where Gas Prices Are Highest

Tyler Durden's picture





 

Think the US has it bad with its "soaring" gas price, which is now back to $3.75 per gallon? Think again. Here, courtesy of Bloomberg, is a list of the countries whose gasoline cost puts what Americans pay at the pump to shame. In order of descending gas prices, below are the 20 places in the world where one does not want to "fill 'er up."

1. Norway

Price per gallon of premium gasoline: $10.12
Price change since last quarter: +4.4%
Most-expensive-gas rank: #1
Pain-at-the-pump rank: #52

Norway is the only major oil producer with expensive gas. In the last quarter, the world's most valued gas got even pricier.

A strike over pensions by Norwegian energy workers reduced oil output by 15 percent and threatened to shut down production altogether before the government intervened. The strike, which lasted from June 24 to July 9, cost the government and companies $508 million, according to the Norwegian Oil Industry Association.

Norwegians pay the most of any nationality to fill up their tanks. That's because instead of subsidizing fuel at the pump, the country uses its oil profits for services such as free college education and savings for infrastructure improvements.

Resource-rich Norwegians absorb the high prices with relative ease. The average daily income is $272. The share of a day's wages needed to buy a gallon of gas is 3.7 percent.

 

2. Turkey

Price per gallon of premium gasoline: $9.41
Price change since last quarter: N/A*
Most-expensive-gas rank: #2
Pain-at-the-pump rank: #7

Turkey is a fast-growing economy and the largest in Eastern Europe, but the high price of gas takes a bite out of family budgets. The average daily income for Turks is $30, and it takes 32 percent of an average day's wages to buy a gallon of gas.

The country has one of the world's highest gas taxes, which accounts for more than half of the cost to fuel up. Tax collection has long been a struggle for the government. They make up for it now through consumption taxes, like the fuel tax, which are relatively easy to enforce.

About 40 percent of the country's workers are part of an informal economy that pays no taxes. Only about 4 percent of the total population pays personal income tax.

 

3. Israel

Price per gallon of premium gasoline: $9.28
Price change since last quarter: N/A*
Most-expensive-gas rank: #3
Pain-at-the-pump rank: #31

Surrounded by oil producers in the Middle East, Israel itself drills very little. Gasoline prices are controlled by the government, and taxes typically make up about half the cost of a gallon.

Gas prices have led to widespread discontent and political demonstrations over the cost of living. Prime Minister Netanyahu has intervened to prevent prices from rising with the global price of oil, most recently when he lowered price 2.9 percent on June 1, according to the Ministry of Energy and Water Resources.

While the country taxes gas, it simultaneously subsidizes oil. Israel paid about $565 million in subsidies in 2010, a relatively small contribution to the world's $409 billion in global fossil-fuel subsidies.

The average daily income in Israel is $87, and it takes 11 percent of an average day's wages to buy a gallon of gas.

 

4. Hong Kong

Price per gallon of premium gasoline: $8.61
Price change since last quarter: -3.1
Most-expensive-gas rank: #4
Pain-at-the-pump rank: #35

Hong Kong is a part of China but has its own constitution, its own political structure and its own price of gas. Hong Kong residents pay 76 percent more for a gallon of gas than their neighbors in China, where the government caps the price at the pump.

Still, with their higher urban incomes, drivers in Hong Kong feel less pain at the pump than Chinese drivers do. The average daily income in Hong Kong is $99, and the share of a day's wages needed to buy a gallon of gas is 8.7 percent.

 

5. Netherlands

Price per gallon of premium gasoline: $8.26
Price change since last quarter: -12%
Most-expensive-gas rank: #5
Pain-at-the-pump rank: #41

Netherlands has the most bicycles per capita in the world. Rows upon rows of them stand parked at train stations, museums and national parks. A vast infrastructure of bike paths and lanes, tunnels and traffic signals makes cycling easy to adopt.

The average daily income in the Netherlands is $131. The share of a day's wages needed to buy a gallon of gas is 6.3 percent.

 

6. Denmark

Price per gallon of premium gasoline: $8.20
Price change since last quarter: -13%
Most-expensive-gas rank: #6
Pain-at-the-pump rank: #47

Denmark's high gas prices haven't drastically reduced the country's consumption. Danes still rank among the top quarter of the world's gas gluttons.

They can afford the higher price, with a comfortable pain-at-the-pump ranking of 47 out of 60. The average daily income is $157. The share of a day's wages needed to buy a gallon of gas is 5.2 percent.

 

7. Italy

Price per gallon of premium gasoline: $8.15
Price change since last quarter: -13%
Most-expensive-gas rank: #7
Pain-at-the-pump rank: #34

Gas prices have been a shock to the home country of Ferrari and Lamborghini, where the rate of car ownership is among the world's highest. Demand for cars has fallen to its lowest level since 1979, according to Fiat SpA. The Turin-based company said on Aug. 2 that it's temporarily halting new investments in Italy.

Italy raised gas taxes about 25 percent over the past year as part of Prime Minister Mario Monti's austerity efforts to rein in the country's budget. The tax is now the highest in Europe.

Italy's gasoline consumption dropped 6.9 percent in June, compared with a year earlier, according to data from the Ministry of Economic Development. The average daily income is $93. The share of a day's wages needed to buy a gallon of gas is 8.8 percent.

 

8. Sweden

Price per gallon of premium gasoline: $8.14
Price change since last quarter: -9.3%
Most-expensive-gas rank: #8
Pain-at-the-pump rank: #48

Sweden paid about $2.71 billion to subsidize oil in 2010. Amid declines in daily wages, the amount of time Swedes had to work in order to afford a gallon of gas climbed by 4.3 percent in the last quarter.

The average daily income in Sweden is $158. The share of a day's wages needed to buy a gallon of gas is 5.1 percent.

 

9. Greece

Price per gallon of premium gasoline: $7.92
Price change since last quarter: -14%
Most-expensive-gas rank: #9
Pain-at-the-pump rank: #26

Wages in Greece declined amid the ongoing financial crisis. Falling gas prices helped ease the country's pain at the pump. Greece had the sixth-biggest price drop in the ranking.

The average Greek earns $66 a day. The share of a day's wages needed to buy a gallon of gas is 12 percent, unchanged from last quarter.

The photo shows Saint George Bay, also known also as Shipwreck Beach. This ship was stranded in 1980 and is being slowly consumed by sand.

 

10. United Kingdom

Price per gallon of premium gasoline: $7.87
Price change since last quarter: -11%
Most-expensive-gas rank: #10
Pain-at-the-pump rank: #37

High summer gas prices in the U.K. have pinched consumer spending and reduced fuel consumption. Gasoline sales fell 2.2 percent in June from a month earlier, according to the Office for National Statistics.

The average daily income in the U.K. is $106. The share of a day's wages needed to buy a gallon of gas is 7.4 percent.

 

11. France

Price per gallon of premium gasoline: $7.79
Price change since last quarter: -11%
Most-expensive-gas rank: #11
Pain-at-the-pump rank: #39

The average retail price for gas among EU nations receded from record highs set earlier this summer, according to European Commission data. Price declines in France, Spain and Italy exceeded the 7.8 percent average decline of the Bloomberg Gas Price Ranking.

France has the 11th-most-expensive gas, despite generous government subsidies -- more than $3 billion in 2010. The average daily income in France is $117. The share of a day's wages needed to buy a gallon of gas is 6.7 percent.

 

12. Belgium

Price per gallon of premium gasoline: $7.77
Price change since last quarter: -12%
Most-expensive-gas rank: #12
Pain-at-the-pump rank: #42

The average daily income is $123. The share of a day's wages needed to buy a gallon of gas is 6.3 percent.

European car sales have shrunk for nine consecutive months, and truck demand is down for the last five, according to the European Automobile Manufacturers' Association. The group forecasts that passenger car sales in the EU will shrink 7 percent this year to 12.2 million vehicles, the weakest demand since 1995.

Pictured is the Notre Dame Church in Dinant, nestled between the Meuse River and the towering walls of the Citadel. The Citadel fortification was first constructed in 1051.

 

13. Germany

Price per gallon of premium gasoline: $7.74
Price change since last quarter: -9.5%
Most-expensive-gas rank: #13
Pain-at-the-pump rank: #40

A German driver filling the 55-liter (14.5-gallon) tank of Europe's most popular car, Volkswagen's Golf hatchback, pays $112.23, compared with $54.38 for the same fill-up in the U.S. The average cost of gasoline at the pump in Europe is more than double the price in the U.S.

The average daily income in Germany is $116. The share of a day's wages needed to buy a gallon of gas is 6.6 percent.

 

14. Portugal.

Price per gallon of premium gasoline: $7.72
Price change since last quarter: -13%
Most-expensive-gas rank: #14
Pain-at-the-pump rank: #23

Portugal's 13 percent gas-price drop was one of the world's steepest. The amount of time a Portuguese had to work in order to afford a gallon of gas declined by 4.6 percent in the last quarter.

The price of gas in Portugal varies by region, and drivers can get discounts while buying groceries at several national supermarket chains. Portugal's Directorate General of Energy and Geology maintains a website showing the cheapest places to fill up across the country.

The average daily income in Portugal is $56. The share of a day's wages needed to buy a gallon of gas is 14 percent.

 

15. Switzerland

Price per gallon of premium gasoline: $7.66
Price change since last quarter: -3.6%
Most-expensive-gas rank: #15
Pain-at-the-pump rank: #53

Switzerland ranks among the world's top 10 percent of gasoline consumers per capita. The Swiss maintain some green credentials with a carbon dioxide emissions rate that is less than half the average of other high-income OECD countries.

The average daily income is $215. The share of a day's wages needed to buy a gallon of gas is 3.6 percent.

 

16. Finland

Price per gallon of premium gasoline: $7.59
Price change since last quarter: -12%
Most-expensive-gas rank: #16
Pain-at-the-pump rank: #45

The average daily income is $130. The share of a day's wages needed to buy a gallon of gas is 5.9 percent.

 

17. Ireland

Price per gallon of premium gasoline: $7.34
Price change since last quarter: -12%
Most-expensive-gas rank: #17
Pain-at-the-pump rank: #44

The average daily income is $125. The share of a day's wages needed to buy a gallon of gas is 5.9 percent.

 

18. Japan

Price per gallon of premium gasoline: $7.15
Price change since last quarter: -5.7%
Most-expensive-gas rank: #18
Pain-at-the-pump rank: #46

Japan's long-held national gasoline tax helped the country's carmakers take an early lead in developing fuel-efficient vehicles.

The aftermath of the earthquake and tsunami last year contributed to higher gas prices. Still, the average daily income is $128, and the share of a day's wages needed to buy a gallon of gas is just 5.6 percent.

 

19. South Korea

Price per gallon of premium gasoline: $7.12
Price change since last quarter: -5.9%
Most-expensive-gas rank: #19
Pain-at-the-pump rank: #30

South Korea paid about $1.62 billion to subsidize oil in 2010. The average daily income is $65. The share of a day's wages needed to buy a gallon of gas is 11 percent.

 

20. Slovakia

Price per gallon of premium gasoline: $6.93
Price change since last quarter: -13%
Most-expensive-gas rank: #20
Pain-at-the-pump rank: #21

The price drop in Slovakia was among the world's biggest. The amount of time the average Slovak needs to work in order to afford a gallon of gas declined 6.4 percent in the last quarter.

The average daily income in Slovakia is $47. The share of a day's wages needed to buy a gallon of gas is 15 percent.

 

*  *  *

So where is America? It is ranked 50th in the world in terms of gasoline price, just behind Russia, at $3.75 and just ahead of Pakistan at $3.55.

 

50. United States

Price per gallon of premium gasoline: $3.75
Price change since last quarter: -11%
Most-expensive-gas rank: #49
Pain-at-the-pump rank: #55

Attention to gas prices has dramatically waned as a presidential campaign theme after the price of gasoline declined for 14 straight weeks after peaking in April.

Americans have little to complain about. They pay less than half the European price for gasoline and $1.15 per gallon below the world average. The U.S. price is among the world's lowest, and Americans have high average incomes. Only five nations have less pain at the pump than the U.S. does, and four of them are members of OPEC.

The U.S. paid about $4.2 billion in 2010 to subsidize oil production and consumption. Gasoline taxes account for just 11 percent of the retail price of the fuel, compared with 60 percent in Britain.

The average daily income in the U.S. is $136, and the share of a day's wages needed to buy a gallon of gas is 2.8 percent.

Source: Bloomberg

 


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Wed, 08/15/2012 - 12:22 | Link to Comment Pladizow
Pladizow's picture

World Reserve Currency - Bitches!

As long as oil is priced in $, America will be OK.

Why do you think the US has 800 military bases worldwide?

Wed, 08/15/2012 - 12:26 | Link to Comment AnAnonymous
AnAnonymous's picture

Works very well.

But here is the issue: despite working well, it is no longer enough to satisfy the US citizen middle class residing in the US, that keeps claiming that the elected elite is working against them.

But sometimes, things that are working very well can not make to work even better.

Tough reality a US citizen middle class is not willing to cope with...

Wed, 08/15/2012 - 12:33 | Link to Comment A L I E N
A L I E N's picture

Those are some refreshingly gorgeous photos.. thanks

Wed, 08/15/2012 - 12:38 | Link to Comment JoeSexPack
JoeSexPack's picture

Liked the shipwreck beach, & found it on Zakynthos, named Navagio (Smuggler's) Beach:

 

http://en.wikipedia.org/wiki/Navagio

 

Not sure about St George Bay in caption.

Wed, 08/15/2012 - 13:15 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Cat toons, how fitting...

/oil-crisis-in-a-thousand-words or less...

ori

Wed, 08/15/2012 - 14:18 | Link to Comment economics9698
economics9698's picture

Venezuela pays 15 cents at the pump.

Wed, 08/15/2012 - 12:40 | Link to Comment knukles
knukles's picture

And note that most of the top 20 are EU member states

 

Go figure

 

(thought balloon: Why isn't the US picture of the South Bronx?)

Wed, 08/15/2012 - 12:59 | Link to Comment Stackers
Stackers's picture

Yeah yeah, they have $8-10/gal for gas, but they have "free" health care and college

Wed, 08/15/2012 - 13:15 | Link to Comment Manthong
Manthong's picture

The Democrat's and Obama's collectivism costs north of $9.00/gallon.

Wed, 08/15/2012 - 13:19 | Link to Comment AchtungAffen
AchtungAffen's picture

Does that include free healthcare and college?

Wed, 08/15/2012 - 13:20 | Link to Comment lunar
lunar's picture

...."free" health care - dream on, I pay my a$$ off in Switzerland!

Wed, 08/15/2012 - 15:50 | Link to Comment fockewulf190
fockewulf190's picture

Germany isn't free either. 15.5% for health insurance, another 2.5% for disability.

Wed, 08/15/2012 - 13:22 | Link to Comment Sean7k
Sean7k's picture

Nothing free about a high tax society. Gas tax, VAT tax, income tax- you are paying for it and yet it still isn't enough, they are all bankrupt. Then you cram austerity down their throats, making sure the wealthy class remains protected. "Free" is such a ridiculous term.

Wed, 08/15/2012 - 13:31 | Link to Comment The Reich
The Reich's picture

That's wrong!

In  Germany you have to pay  15.5% of your monthly gross earnings into the statutory heath insurance.

I'd guess it's similar all over in Europe...

 

  

Wed, 08/15/2012 - 13:47 | Link to Comment Zeroexperience2010
Zeroexperience2010's picture

Don't remember what I paid in France and Belgium, but it was far from free (except if you are at least 3 months illegally in France, you get CMU coverage, for free).

Wed, 08/15/2012 - 14:11 | Link to Comment dirtbagger
dirtbagger's picture

Does anyone know what percentage of the EU fuel prices are taxes?

Wed, 08/15/2012 - 16:23 | Link to Comment Heyoka Bianco
Heyoka Bianco's picture

That's my question. Do these numbers include tax? In some EU countries, they actually pay less than the US for the gas itself, it's all the piled-on taxes that make it so expensive.

Wed, 08/15/2012 - 13:20 | Link to Comment Agent P
Agent P's picture

Agreed...though I'm pretty sure Finland's Tourism Board didn't approve their photo.

Wed, 08/15/2012 - 13:44 | Link to Comment Kalevi
Kalevi's picture

A sauna in the snow not approved in Finland?

That represents a little piece of heaven in Finland and very much approved of! 

Wed, 08/15/2012 - 14:41 | Link to Comment Agent P
Agent P's picture

Is that what that is?  I thought it was the Unabomber's shack.  My apologies.

Wed, 08/15/2012 - 15:26 | Link to Comment mtomato2
mtomato2's picture

Hey; where's Perry!?

Wed, 08/15/2012 - 13:59 | Link to Comment Midas
Midas's picture

I also enjoyed the photos very much, except for Ireland.  That puts my rock pile in my garden to shame and makes my back hurt.

Wed, 08/15/2012 - 12:34 | Link to Comment SheepDog-One
SheepDog-One's picture

Its no longer enough, exactly.

Wed, 08/15/2012 - 12:36 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

AnAnonymous, self-contradictory as ever, said:

Tough reality a US citizen middle class is not willing to cope with...

Ah, ah, but the AnAnonymousistic theory of US middle class monarchy indicates that the middle class is the king class. Your statements here are trying to square the circle and, as is your habit when spewing bullshit, failing miserably.

Wed, 08/15/2012 - 12:37 | Link to Comment AnAnonymous
AnAnonymous's picture

'Americanism' is not monarchy, it is a republic.

Source: good old Ben Franklin when asked what the FF gave the US people, a monarchy or a republic.

Wed, 08/15/2012 - 12:45 | Link to Comment akak
akak's picture

Is that the same US citizen Ben Franklin who invented the famous lightning-powered, time-traveling flying rickshaw of Easter Island Chinese Citizenism fabled past?

Wed, 08/15/2012 - 12:47 | Link to Comment AnAnonymous
AnAnonymous's picture

I dunno but it is the same Ben Franklin who stated that one dollar saved is one dollar earned.

More 'American' truisms from the very mouth of one of the most revered Founding Fathers...

How 'Americanism' is grand for humanity... Could do without it...

Wed, 08/15/2012 - 12:55 | Link to Comment akak
akak's picture

Um, that would actually be "A penny saved is a penny earned".

But you are forgetting one of his lesser-known aphorisms, one which is especially pertinent to your kind:

"A turd in the hand is worth two on the Chinese roadside".

Wed, 08/15/2012 - 15:39 | Link to Comment PiratePawpaw
PiratePawpaw's picture

LMAO.

You are thinking of a'Ben a'Frankrin: the Deranged Chinese Dietician who invented the CHOPSTICK(singular).

Wed, 08/15/2012 - 12:50 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

AnAnonymous contradiction:

'Americanism' is not monarchy, it is a republic.

"In US citizenism, the middle class is the king class."

Source: AnAnonymous, time traveling Chinese citizenism firebug.

Wed, 08/15/2012 - 12:40 | Link to Comment AnAnonymous
AnAnonymous's picture

When US citizens start to talk about contradictions, one has to pay attention.

How does the fact that the middle class is the king class in US citizenism go against the inability to cope with reality?

People claiming liberty as an unalienable human right and keeping slaves, that is contradictory.
People claimingproperty as an unalienable human right and going on a robbing spree, that is contradictory.

So what?

Wed, 08/15/2012 - 12:55 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

AnAnonymous, feeling pious, sanctimoniously spouted:

People claiming liberty as an unalienable human right and keeping slaves, that is contradictory.

Those people long dead. AnAnonymous is experiencing temporal confusion due to his frequent flights of time traveling rickshaw fantasy.

People claimingproperty as an unalienable human right and going on a robbing spree, that is contradictory.

Which people? When? Living in the past much?

So what?

Exactly. No mention of 21st century slavery in Chinese citizenism brickyards. Your phony baloney concern is mere pecksniffery.

Wed, 08/15/2012 - 12:41 | Link to Comment PiratePawpaw
PiratePawpaw's picture

"US citizen middle class residing in the US"?...

As opposed to what? ...Chinese abduction and forced abortion citizenism citizen residing in the US?

You are making less sense than usual.

Wed, 08/15/2012 - 12:46 | Link to Comment AnAnonymous
AnAnonymous's picture

The United States of America is not peopled with 'Americans' only.

There are some other people living there who do not belong to the worshipping cult devoted to 'Americanism'

But indeed, recalling this fact can hardly make sense to US citizens.

It can be understood after the marvellous ethnical cleansing they performed in less than 200 years...

Wed, 08/15/2012 - 12:50 | Link to Comment Doña K
Doña K's picture

And congress has admitted that they have violated not one but all 500 something treaties with the Indian nations.

Then the solution was let them build casinos and have taxpayers pay for the sins of Congress. Brilliand

Wed, 08/15/2012 - 12:59 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

.

Then the solution was let them build casinos and have taxpayers pay for the sins of Congress.

Ah, but according to AnAnonymous, those casinos were built by US citizenism citizens, not Indian nations.

Wed, 08/15/2012 - 13:51 | Link to Comment PiratePawpaw
PiratePawpaw's picture

Im 1/4 Cherokee Citizenism Citizen, so I resemble that remark.

 

Besides, Obama said we didnt build those Casinos.

Wed, 08/15/2012 - 13:58 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

According to AnAnonymous, even full blooded Cherokees are US citizenism citizens. Because they were born in the US of A, they are just as responsible for the slavery as were the slaveholders, they are complicit in the violation of every treaty the US government made with the original American nations, and they are thieves who stole the land of the original American nations, including that of (you knew this was coming) the Cherokee nation.

You see, even though I'm a mongrel mix, from both sides of my family, of Native American citizenism citizens and various European citizenism citizens that immigrated to the US of A after the civil war, by the reasoning of AnAnonymous, I am as guilty of slavery as any slaveholder. This is because I was born in the US of A, and that is the only factor which matters.

But hey, my eternal nature is calling, so I'm off to farm the weak and extort the poor. Or is it extort the weak and farm the poor? I suppose I should do both, since running afoul of my eternal nature might put me in a different tax bracket..

Wed, 08/15/2012 - 14:13 | Link to Comment PiratePawpaw
PiratePawpaw's picture

Oh. Well Im an Army brat and I was Im Frankfurt Am Main, Deautschland geborren; So I guess meine conscious ist clear then.

Whew! I was worried for a minute.

P.S  AA's "not speaking the lanquage" comment may not be very accurate either.

Wed, 08/15/2012 - 15:16 | Link to Comment Sparkey
Sparkey's picture

"AnAnonymous" is not a Chinese speaker, a few days back, here on ZH, a person trained in speech pattern recognition,  (I don't know if they were US intelligence or not!) asserted that by a study of Ananonymous's postings they were, confidently?, able to identify him as a Professor of English literature at an East Coast Ivy league institution.

He is just showing off his superior intelligence by driving you into turmoil as he laughs, and makes notes, for the lecture series on gullibility he has planned!

Wed, 08/15/2012 - 15:36 | Link to Comment PiratePawpaw
PiratePawpaw's picture

The only turmoil im in is from laughing. As for "superior intelligence" lets just say my definition is a little more stringent.

And as for the "speech pattern regognition analysis", I think Im gonna hafta call BS on that one. No offense.

Wed, 08/15/2012 - 16:16 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

AnAnonymous blobbed up into France.

Wed, 08/15/2012 - 16:59 | Link to Comment shovelhead
shovelhead's picture

Occasionally he will slip up and post something semi-coherent ruining his Chinese troll theme.

The less time he spends on porn sites, the better , so ...

Wed, 08/15/2012 - 13:38 | Link to Comment Silver Pullet
Silver Pullet's picture

Ah so, it is now Americanism citizen citizenism, not US citizenism citizen,...

Shit, I thought I had it for a sec.

Wed, 08/15/2012 - 13:53 | Link to Comment PiratePawpaw
PiratePawpaw's picture

You gotta be quick to keep up with his ever changing delusions.

Wed, 08/15/2012 - 14:59 | Link to Comment Colonial Intent
Colonial Intent's picture

Maybe his mate is filling in while he's gone on holiday in hong kong?

Wed, 08/15/2012 - 14:14 | Link to Comment PiratePawpaw
PiratePawpaw's picture

"The United States of America is not peopled with 'Americans' only."

If you or they dont like the US, feel free to leave. Its mucho easy to cross el border. But then you'll have to learn to Habla some Espanol so you can complain about Mexican Citizenism Citizens.

Wed, 08/15/2012 - 15:03 | Link to Comment Colonial Intent
Colonial Intent's picture

Every nation commits genocide at some point in its existence.

Why do you think china is 97% Han race?

 

Wed, 08/15/2012 - 15:09 | Link to Comment Kayman
Kayman's picture

 "the marvellous ethnical cleansing"

And how many millions of Chinese Citizenisms were cleansed by Moa See Dung ?

Take that Forest out of your own eye before you criticize others.  And ask your Chicom handlers for a much needed vacation.  Your comments are becoming thin gruel.

Wed, 08/15/2012 - 12:47 | Link to Comment Doña K
Doña K's picture

@ Ananonymous

That's because the US was designed for cars during cheap oil times and the politicians know that they can not tax gas anymore as they will not get reelected.

Wed, 08/15/2012 - 13:28 | Link to Comment Matt
Matt's picture

Exactly. North American cities and towns are designed around the automobile, while European cities mostly predate the automobile and are less dependant on them. It would have been nice if the list included per capita consumption of gas or average amount of daily miles driven.

Wed, 08/15/2012 - 13:09 | Link to Comment Antifaschistische
Antifaschistische's picture

But...let's keep pouring tens of billions of dollars into FTA funded Transit Projects that enable people to more readily live 30 to 50 miles away from where they work everyday so we can waste MORE energy (not save energy...WASTE energy) transporting their ever increasing girth back and forth to work everyday.    Our system is completely backwards.   In the meantime...inner cities collapse as we subsidize lengthy commutes and promote class segregation.   Abolish the FTA!!

Wed, 08/15/2012 - 12:20 | Link to Comment financial apoca...
financial apocalyptic contagion's picture

All the socialist pieces of shit from Scandinivia make the list

What would Krugman say abt that

Wed, 08/15/2012 - 12:31 | Link to Comment Mr. Poon
Mr. Poon's picture

You're forgetting about the free health care!

Sure, they may not be able to afford having a car due to the cost of gas and vehicle registration fees, and they might be unemployed due to the slumping European economy, and there is no guarantee that the pension will be there after most of the population retires and nobody is left to pay taxes - but, as they are riding public transportation from the housing projects filled with people who don't speak the local language, to the local free government health clinic (did I mention that it was free?), to wait in line to meet with a bureaucrat who will inform them, good news!, the wait list is only three months long, they'll have three months of waiting and watching tellie and filling out employment applications to marvel in the superiority of their culture over the U.S.

And you can't put a price on that.

Wed, 08/15/2012 - 12:42 | Link to Comment AnAnonymous
AnAnonymous's picture

people who don't speak the local language,

__________________

people who dont speak the local language? They are 'Americans' Not speaking the local language is hallmark to 'Americans'

Wed, 08/15/2012 - 12:50 | Link to Comment akak
akak's picture

 

people who dont speak the local language? They are 'Americans' Not speaking the local language is hallmark to 'Americans'

You are of course correct once again, as you are always.

'Americans' have no local language, at all.

All communication in America proceeds by telepathy.

AnAnonymous says so, so it must be true.

Wed, 08/15/2012 - 13:01 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

Also, don't overlook this:

Not speaking the local language is hallmark to 'Americans'

Thus AnAnonymous reveals his own 'Americanism'.

Wed, 08/15/2012 - 13:23 | Link to Comment akak
akak's picture

That is only to be expected, as 'Americanism' (a.k.a. 'US Citizenism') is nothing but the creation and sole issue of the twisted and autistic mind of AnAnonymous himself.

Wed, 08/15/2012 - 12:52 | Link to Comment magpie
magpie's picture

The leading edge in European 'citizenism', the Netherlands is going to the polls next.

Should be nice to see where the ride goes.

Wed, 08/15/2012 - 13:36 | Link to Comment canardo
canardo's picture

As a matter of fact, in the latest polls the Socialist Party has a big lead. The real socialists mind you, not the "social democrats" or something, this is a party from the 70s which has maoist roots. And it is a real revolution in Dutch politics, let me tell you. The populists are losing ground and the old established parties as well. The problem is that the electorate is so divided that forming a working coalition is akin to black magic. Most likely the very same parties that have been in power since WW2 in various combinations, and that a lot of people are totally fed up with, hence the unprecedented SP gains, will join together and form a coalition with the help of some small fry. Most likely, nothing will change, people will get even more fed up, and then probably we'll have elections again in another two years...

Wed, 08/15/2012 - 13:54 | Link to Comment canardo
canardo's picture

BTW, a lot of people believe that these polls are manipulated to scare people with socialism so that they'll vote for one of the established parties. Then there's a party called the "democrats", D66, which is basically a bag of air, but totally pro non-democratic Europe and which would like nothing better than to abolish the Netherlands today and go full monty Europe. This party is practically guaranteed to be in the next government, be it left or right, and that is going to piss off a lot of people. Interestingly enough, the leader of D66 attended the latest Bilderberg, together with our PM. Apparently, Queen Beatrix got him this invitation. Make no mistake, she has a lot of power.

Wed, 08/15/2012 - 13:09 | Link to Comment balanced
balanced's picture

You obviously get your facts from the MSM. Before spouting off that bs, you might consider doing a bit of research to see if there's any truth to it. I'll help you out because you obviously have no idea what you're talking about. In spite of Americans paying more for healthcare than the citizens of any other industrialized nation, America doesn't even rank on the top 10 healthiest countries in the world. The reasons the waits are shorter (on average) is because most Americans cannot afford healthcare to begin with. I suppose if you prefer to keep your fellow Americans unhealthy so that your lines will be shorter then that's your call. Of course it would make you an idiot, because your tax dollars will still go to treating many of those people, only the cost will be much higher due to the fact that the ailments weren't addressed until they became major conditions.

Wed, 08/15/2012 - 14:03 | Link to Comment malek
malek's picture

First accusing others to get their facts from the MSM, and then stating something brainwashed as:

In spite of Americans paying more for healthcare than the citizens of any other industrialized nation, America doesn't even rank on the top 10 healthiest countries in the world.

You feel entitled to have the live in the healthiest nation, as we pay the most for healthcare?
Might other things play a role in our nation's health ranking than just it's healthcare?
Maybe our healthcare is very good, but with poor efficiency? What could be the reason for that?

Thu, 08/16/2012 - 00:44 | Link to Comment GoinFawr
GoinFawr's picture

wow, you really ate your tail on that one malek.

Try again please.

Wed, 08/15/2012 - 13:13 | Link to Comment Kalevi
Kalevi's picture

Yes I can, 200$ for a hip replacement.

But of course, it was the evil socialist who did it, not goood care giving bonus driven mega corp's, so in the it's baaaad, right? 

Wed, 08/15/2012 - 13:20 | Link to Comment Puck Xue
Puck Xue's picture

Forget free health care!

Forget sugar and corporate inspired shit food laced with early death ingredients and you're half

 way home to never needing U.S. sick care.  Just another ponzi.  I told United World (Mutual of

Omaha) to take a hike this morning.....but not before they hammered my account one last whack.

                                                   VOTE FOR NOBODY

                                         BECAUSE NOBODY GIVES A FUCK     

 

Wed, 08/15/2012 - 13:22 | Link to Comment AchtungAffen
AchtungAffen's picture

Exaggerated a bit there. But tell you what. I'd rather have waiting lines for healthcare than no healthcare at all, or healthcare that sends you to bankruptcy. That's not freedom at all.

Wed, 08/15/2012 - 15:33 | Link to Comment toxic8
toxic8's picture

See this movie to understand Poon's paragraph:

NEW KIDS TURBO

http://www.imdb.com/title/tt1648112/

Wed, 08/15/2012 - 12:32 | Link to Comment Poetic injustice
Poetic injustice's picture

Envious much?

Scandinavia overall also runs balanced budgets, only few countries in world do that.

Wed, 08/15/2012 - 12:48 | Link to Comment El Tuco
El Tuco's picture

Please Bitch....you only wish you could have it as good as Americans do. Yeah, even our shit times are better than your best.

Wed, 08/15/2012 - 13:27 | Link to Comment Sean7k
Sean7k's picture

You might want to look at the debt your scandinavian governments have. Hundreds of billions of it. Balanced budgets mean absolutely nothing if there is spending off budget. Please step away from the MSM filter.

Wed, 08/15/2012 - 14:21 | Link to Comment GoinFawr
GoinFawr's picture

"Please step away from the MSM filter."

Hey Alice In Lalaland, facts are stubborn things; you ought to take your own advice once in awhile and 'step away' from your own erroneous preconceived notions:

http://www.guardian.co.uk/news/datablog/2010/may/27/debt-deficit-oecd-countries-data

Wed, 08/15/2012 - 14:40 | Link to Comment Sean7k
Sean7k's picture

Hey dufus,

Debt as a percentage of GDP is not the only measurement of debt. You might try looking at all external debt- wikipedia by country- they all have debt in excess of 500 billion.  It is usually manipulated in many ways and rarely concerns itself with the ugly numbers.

Wed, 08/15/2012 - 16:41 | Link to Comment GoinFawr
GoinFawr's picture

Hey 'smart' guy:

try reviewing that link with just a teensy bit more of your attention paid to detail, then take a stab at identifying what negative debt on a government's balance sheet is otherwise known as, regardless of what variable the figure is a percentage of.

as for personal debt: it's a well documented fact that relatively higher incomes can support relatively higher debtloads.

Nice try at conflating your way out of your initial blunder though!

 

Wed, 08/15/2012 - 12:46 | Link to Comment rwe2late
rwe2late's picture

 So long as we "Americans" get cheap gas at the pump,

we should be GLAD to pay in a thousand other ways and a thousand other taxes to get

endless overseas militarism, bankster handouts,

student indebtedness, and a crumbling infrastructure!

High gas prices for what ?!!

Norwegians pay the most of any nationality to fill up their tanks. That's because instead of subsidizing fuel at the pump, the country uses its oil profits for services such as free college education and savings for infrastructure improvements.

Terrible, just terrible.

Wed, 08/15/2012 - 12:53 | Link to Comment Kalevi
Kalevi's picture

All the socialist pieces of shit from "Scandinivia" are doing better then the socialist pieces of shit in EZ or USA thank you very much.

Krugman?

We gave him a dinner and check and sent him packing back to US of A.

By the, how that "freedom" working out for you?

KGB spelled DHS now?

Wed, 08/15/2012 - 12:20 | Link to Comment PSEUDOLOGOI
PSEUDOLOGOI's picture

Coming soon to Amerika near you!

Wed, 08/15/2012 - 12:21 | Link to Comment Dumpster Fire
Dumpster Fire's picture

US has Slovakia's data.

 

*Edit  Better now thanks :)

Wed, 08/15/2012 - 12:21 | Link to Comment cougar_w
cougar_w's picture

Most countries are not nearly as dependent on gasoline as America. We are a large country made of large people with large appetites for large things.

The price of gas is going to eat us alive. Pun intended.

Wed, 08/15/2012 - 13:28 | Link to Comment zuuma
zuuma's picture

Gas by me is $3.99 (for regular -- article refers to premium).

After all the noise about raging high gas costs, etc, etc....  I notice that, today, a gallon still costs me two silver dimes. 

Funny, that.

I saw a cool picture on Shorpy.com of a gas station in Maryland in 1923. 

Posted price: 23 cents/ gallon (2 silver dimes + 3 bronze pennies).

In the USA, at least, I'd say that gas has been a very stable value during the last 80 years or so. 

(not even factoring in gas tax rates, ethanol, etc.)

It's the dollar that has a problem.

Wed, 08/15/2012 - 12:21 | Link to Comment SumSUN
SumSUN's picture

Driving smaller cars and using higher octane will help.

Wed, 08/15/2012 - 12:49 | Link to Comment johnQpublic
johnQpublic's picture

gasoline burns in your engine as a wave front

octane reduces the speed of that burn wave

it does not increase mileage

higher octane is for higher compression ratios and reduces 'ping'

so it only makes a difference if you are looking for power out of an engine designed to use it

if your engine is designed for power, gas mileage is not the concern in that application

concept/fail

Wed, 08/15/2012 - 12:55 | Link to Comment cougar_w
cougar_w's picture

I always wondered though if reducing the speed of the burn improved energy extraction by allowing better energy transfer into expansion as opposed to impact, and might improve mileage at the same time. But it's a mental image of how the chemistry must proceed inside a moving container, and has no anchor in a science that is not my field.

Wed, 08/15/2012 - 13:40 | Link to Comment PiratePawpaw
PiratePawpaw's picture

The Hemispherical cylinder head improves efficiency by starting the combustion at the apex of the hemisphere and allowing the expansion to spread evenly across and into the cylinder. As opposed to starting in one corner of a traditional flat cylinder head. Im not sure if reducing the speed would improve it any. I have wondered why all engines dont have hemispherical cylinder heads.

Wed, 08/15/2012 - 14:08 | Link to Comment GoinFawr
GoinFawr's picture

and Twin Swirl Combustion Chambers (TSCC)

Wed, 08/15/2012 - 12:22 | Link to Comment JustObserving
JustObserving's picture

Who is #1 in pain at the pump?  India?? 

Wed, 08/15/2012 - 12:23 | Link to Comment Robot Traders Mom
Robot Traders Mom's picture

"Italy raised gas taxes about 25 percent over the past year...gasoline consumption dropped 6.9 percent in June"

 

Go ahead and keep taxing instead of cutting, assholes. See what happens.

Wed, 08/15/2012 - 12:46 | Link to Comment buzzsaw99
buzzsaw99's picture

I think you might be missing the point.

Wed, 08/15/2012 - 12:51 | Link to Comment Robot Traders Mom
Robot Traders Mom's picture

Hi Buzz, I saw the point and made my own.

Wed, 08/15/2012 - 12:58 | Link to Comment buzzsaw99
buzzsaw99's picture

Where's that boy of yours? Haven't seen him in awhile. Did you turn off the power to the basement?

Wed, 08/15/2012 - 13:02 | Link to Comment Robot Traders Mom
Robot Traders Mom's picture

Yeah, about him. His uncle just got paroled last week as a Level 3 offender and took him camping. They were supposed to be back Monday but I guess they are having too much fun bonding...

Wed, 08/15/2012 - 12:26 | Link to Comment Jason T
Jason T's picture

Mastercard says gas demand in US down 4% over last 4 week average in the US.. while price was about hte same as a year before.  

We hit our threshold in 2011.. demand will fall from here on out cause we can't afford it.

Wed, 08/15/2012 - 12:26 | Link to Comment Darth Mul
Darth Mul's picture

Apropos of little:

 

I've long retained my impish optimism in the face of greed, stupidity, and love of power, but I came across a random Daily Kos post from a year ago which has left me bereft of any hope at all.

http://www.dailykos.com/story/2011/03/04/952607/-Deficits-debt-and-unfunded-liability

 

Those amongst us who imagine themselves the light-bearing moral champions of our age are some of the most insanely idiotic, obtuse, and clueless people which have ever existed, ever, in our galaxy.

 

Abandon ye all hope - for it has forsaken these lands.

 

 

 

 

 

Wed, 08/15/2012 - 12:26 | Link to Comment Your Creator
Your Creator's picture

High taxes destroy demand.

Wed, 08/15/2012 - 12:40 | Link to Comment FieldingMellish
FieldingMellish's picture

They also make the demand less sensitive to price swings of the commodity, in this case gas and oil.

Wed, 08/15/2012 - 12:47 | Link to Comment buzzsaw99
buzzsaw99's picture

duh, too bad they didn't think of that. [/retard]

Wed, 08/15/2012 - 12:27 | Link to Comment vinu02
Wed, 08/15/2012 - 12:30 | Link to Comment NEOSERF
NEOSERF's picture

Got feet bitchez?

Wed, 08/15/2012 - 12:30 | Link to Comment PiratePawpaw
PiratePawpaw's picture

So I guess if I drive to any of these countries I better take a spare can or two of gas?

 

Oh, and maybe a snorkle.

Wed, 08/15/2012 - 12:31 | Link to Comment Meesohaawnee
Meesohaawnee's picture

BULLISH

Wed, 08/15/2012 - 12:32 | Link to Comment Umh
Umh's picture

The politicians in many U.S. states are scared to raise gas taxes for any reason even fixing the roads. The ding dongs would rather put a toll booth on an interstate highway than raise the gas tax.

Wed, 08/15/2012 - 12:54 | Link to Comment johnQpublic
johnQpublic's picture

toll booths are going up on roads that the public payed for that have been sold to corporations as a revenue stream

the toll does not go to road improvement or maintenance

for proof, i suggest you drive down the I-476 in Pa.

Wed, 08/15/2012 - 14:45 | Link to Comment Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Yes, here in Oklahoma the toll booths were to be taken down once the bonds were paid off.  Shockingly the bonds are paid off and the toll booths are still there!

Tuco

Wed, 08/15/2012 - 14:12 | Link to Comment Getting Old Sucks
Getting Old Sucks's picture

NY with state and local sales taxes averaging 8% get a windfall of higher revenue when gas prices go up.

Wed, 08/15/2012 - 12:33 | Link to Comment Negro Primero
Negro Primero's picture
United Arab Emirates $1.89 Egypt $1.73 Kuwait $0.88 Saudi Arabia $0.61 Venezuela $0.09

 

VIVA HUGO!

 

Wed, 08/15/2012 - 12:37 | Link to Comment francis_sawyer
Wed, 08/15/2012 - 12:47 | Link to Comment Negro Primero
Negro Primero's picture

A gas station in Margarita island offering free gas when you wash your car there,...water is more expensive!

http://devilsexcrement.files.wordpress.com/2012/07/534529_46854713983169...

Wed, 08/15/2012 - 12:35 | Link to Comment LawsofPhysics
LawsofPhysics's picture

Petrol dollar bitchez,  you are either with us, or against us (So sayeth the Federal Reserve Bank).

Wed, 08/15/2012 - 12:38 | Link to Comment francis_sawyer
francis_sawyer's picture

Petro gold? Petro cattle?

Wed, 08/15/2012 - 12:36 | Link to Comment Racer
Racer's picture

Have you got pain at the pump list in order?

Wed, 08/15/2012 - 12:37 | Link to Comment bania
bania's picture

got a chuckle out of the "Shutterstock" image actually

Wed, 08/15/2012 - 12:50 | Link to Comment SheepDog-One
SheepDog-One's picture

Gas is SO cheap in Saudi Arabia less than .60 cents heres what the millionaire princes do all day in their free Mercedes paid for by american blood LiveLeak.com - Fatal drift with ejected in Saudi Arabia (continuation)

At least there appears to be SOME justice in the world.

Wed, 08/15/2012 - 12:39 | Link to Comment Totentänzerlied
Totentänzerlied's picture

So you're telling me gas prices are high where all prices are high - the world's most advanced economies - which can support such high prices? Do go on!

Turkey and Slovakia are the only anomalies there.

Wed, 08/15/2012 - 12:46 | Link to Comment LouisDega
LouisDega's picture

I wish i was in picture 16, Finland. I want to be Jeremiah  Johnson when i grow up

johnson3_1398.jpg

Wed, 08/15/2012 - 14:42 | Link to Comment Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Just don't put to many hot rocks under your bedding while sleeping in the forest!:)

Tuco

Wed, 08/15/2012 - 12:50 | Link to Comment SheepDog-One
SheepDog-One's picture

'Americans have little to complain about'....best line in the article I think...dont you? 

Just like your mom tellin you to stop whinin and eat your peas...theres starvin kids in China. LOL oh the irony.

Wed, 08/15/2012 - 12:55 | Link to Comment Nevermore Peabody
Nevermore Peabody's picture

"...little to complain about (gas prices)" was how I understood it.

Wed, 08/15/2012 - 13:01 | Link to Comment SheepDog-One
SheepDog-One's picture

Well, yes of course, but its meaningless....these other countries are not the same conditions as the US, as most of these countries arent much bigger than a state in the US, and they dont have to commute 50 or 100 miles to work each day. Taxes are the main reason for higher prices elsewhere, so saying 'americans have little to complain about' is like telling someone with a fatal stab wound it could be worse, at least your legs arent broken.

Wed, 08/15/2012 - 13:22 | Link to Comment francis_sawyer
francis_sawyer's picture

What this country needs are some more watering holes so that you can while away the hours while you're recharging your Chevy Volt battery 3x each way back & forth from your government job...

Wed, 08/15/2012 - 12:47 | Link to Comment Tristan Ludlow
Tristan Ludlow's picture

The cost of gas is a nebulous at best.  Let's remove the taxes from the cost of gas and then do a comparison.  Americans have little to complain about because they don't pay a ridiculous amount for taxes. 

Wed, 08/15/2012 - 12:54 | Link to Comment laomei
laomei's picture

US gas is also spiked with cheap ethanol creating an artificial low-point while at the same time boosting ethanol ratings... while hilariously enough are unique to the US and there is no easy way to convert them to a standard #RON figure.

Wed, 08/15/2012 - 13:09 | Link to Comment SheepDog-One
SheepDog-One's picture

Yep we're really paying 10% more for gas if you take out the bullshit ethanol which means when 10% ethanol is added you also have to buy supreme just so your car will run.

Wed, 08/15/2012 - 14:09 | Link to Comment laomei
laomei's picture

Well, not quite, ethanol is not free.  However the ethanol is an octane booster that can turn 80 into 88.  You can see this via various websites out there where individuals document removing the ethanol from their gas.  The truth of the matter is also that ethanol ABSORBS water, it just sucks it in.  Those times you got "bad gas"? Yep, it was water.  You are paying for water in there as well.  Ethanol gas also breaks down quicker.  And the hilarious part is that anyone who does considerable driving and documents their gas and miles is able to show that they are getting considerably less MPG to the point where it costs more than they are "saving" with cheap gasahol.  Newer cars are designed to compensate for this, that's true enough.  However who the hell has money to actually buy new cars anymore?  

 

This entirely ignores the fact that it costs more in energy to seed, grow, harvest, convert and deliver that ethanol than it even produces in the end.  Therein lies the real problem.  It's a massive subsidy that's paid for via indirect means and thus masks the true price.  With 40% of the projected harvest destined for ethanol (by law) and with the massive crop failures, sure ethanol is going up, but so are food prices, which, if it were not for ethanol being mandated would have been essentially a non-issue.

It makes sense when it's a net-gain, but growing fuel on agricultural land is a stupid stupid stupid idea always.  In China it's been more or less shut down, as it provided zero net benefit in terms of pollution.  The ethanol which IS produced, is limited in scope to high net-gain crops of zero impact to the food markets being grown on lands which have zero value to actual agriculture.

 

The other thing we are doing right here (despite everyone bitching about it) is the government regulated pricing scheme.  Our prices stay lower longer and higher longer, but they are slower to move, with pricing changes announced in advance.  There is some flexibility for gas stations to set their own pricing, but it's a narrow band.  At most it's about a 3 cent per gallon variance within the city depending on full/self-serve pre-buying credit, promotions, what have you.  Hell, they don't even bother putting the prices up on billboards, because it really does not matter.  Not having to deal with the stupidity of driving 10 miles to get "cheap gas", no stupidity of the classic "gas stations on all corners of an intersection", and I have NEVER, not even once gotten a "bad tank" of gas here.  The worst thing that might happen is getting shortchanged by modified pumps, but they are typically associated with stations that are "too good to be true" in terms of the gimmicks they offer.

 

Anywho, ethanol is a giant scam, cheap gas is an illusion and someone with more time and resources than myself should really go do a full cost-analysis of what gas is REALLY costing, complete with converting the ratings in the US to standard RON values, taking into account subsidies to agriculture, ethanol prices, etc. etc.  It really is an insideous beast, and that's probably half design, half coincidence to be honest.  The absolute reliance on gas in the US is laughable, seriously.  Over here, gas goes up, we just take the subway and buses more, doesn't matter much.  In the US, gas hits $5 a gallon and suddenly driving to that mcjob is resulting in an operating deficit.

Wed, 08/15/2012 - 12:50 | Link to Comment Hobbleknee
Hobbleknee's picture

It's not the gas that costs so much; it's the tax on the gas.

Wed, 08/15/2012 - 12:52 | Link to Comment resurger
resurger's picture

I dont recognize "Israel" as a country which was liberated in 1948

 

 

 

Wed, 08/15/2012 - 12:52 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

I'd like to see a real table with total volume purchases to get a feel of the total spend on gasoline, not a trivial "Amalfi Coast" flyover travelogue.  It only stands to reason that big bulk producers and big bulk consumers see lower prices.  Small, highly urbanised nations would likely see higher per unit prices on fundamentals.

Wed, 08/15/2012 - 12:53 | Link to Comment EmileLargo
EmileLargo's picture

Those numbers are highly misleading. Most of those countries are densely populated with public transport. The vast majority do not drive anywhere near as much as Americans do. A better comparison would be percentage of average wages spent on petrol every month. That would come out quite different.

This is why the US is much more vulnerable to oil price shocks than, say, Switzerland.

Wed, 08/15/2012 - 13:02 | Link to Comment Negro Primero
Negro Primero's picture

Just be patient:

"Mitt Romney has promised voters ... that America won't have to buy oil from Venezuela or the Middle East by the time his second term ends in 2021" !!!

http://www.sanduskyregister.com/beallsville/news/decision-2012/romney-pr...

Wed, 08/15/2012 - 14:17 | Link to Comment AchtungAffen
AchtungAffen's picture

Yeah, 2 Romney mandates and there'll be nothing left. Not even to buy oil from Venezuela.

Wed, 08/15/2012 - 12:54 | Link to Comment JR
JR's picture

Americans have little to complain about? Are you serious?

IOW, to do our civic duty we should pay double for gas because it is such a bargain?

Since this is from Bloomberg, one of our most trusted resources, perhaps Bloomberg could suggest just how much we should pay in order to support Banker Big Oil.

Articles such as this are designed to make a case to destroy all resistance to the cartel that runs this country.

Wed, 08/15/2012 - 13:04 | Link to Comment SheepDog-One
SheepDog-One's picture

Exactly, this article is just a drawn out 'Time to eat your peas' Who put it together really, the campaign to re-elect ObaMao?

Wed, 08/15/2012 - 12:56 | Link to Comment giorgioorwell
giorgioorwell's picture

CLUELESS ANALYSIS and USELESS REPORTING!  Not one of these countries citizens spend anywhere near the amount American do on gas, because they haven't designed an entire lifestyle of incessantly around driving huge vehicles back and forth to suburbs over an hour from their jobs.  These other countries have designed their cities/towns so you don't NEED a car.  Public transport, denser towns, much more intricate rail systems...very few places in US have this.

I know we "love" our car culture here, but the fact that most people literally cannot buy their groceries or get to work without a car is going to drive us into the ditch.

So you see, it doesn't matter if it costs $10.02 a gallon in Norway, because Norwegians use their cars for much much shorter distances and their lifestyles do not depend on them.

Not sure who wrote this piece of fluff, but they apparently didn't check to see how everyone else lives outside of the US without being tethered to their cars.  

Yes, idiots, it is possible.

Wed, 08/15/2012 - 12:57 | Link to Comment SheepDog-One
SheepDog-One's picture

Now if you have to venture much more than 5 miles from your home to work a job in america, with wages today youre basically priced out of your job then.

Wed, 08/15/2012 - 13:17 | Link to Comment giorgioorwell
giorgioorwell's picture

And the $25K hybrid car doesn't exactly solve the problem either!    

This is what Cheney really meant when he said the "American way of life is non-negotiable"....he was right for all the wrong reasons.

Wed, 08/15/2012 - 12:56 | Link to Comment airedalesrule
airedalesrule's picture

"Americans have little to complain about." 

Huh? Since when did these economies become our model?

Wed, 08/15/2012 - 12:56 | Link to Comment GoldbugVariation
GoldbugVariation's picture

Looks like some elements of BS here.  "Average daily income" figures given are based on GDP per capita, which has little to do with the average income of individual people.  And Sweden doesn't pay $2.1 billion to subsidise oil, where on earth does that figure come from.

Wed, 08/15/2012 - 12:57 | Link to Comment johnQpublic
johnQpublic's picture

urban sprawl , otr trucking, big ass country, jit supply chain are all big contributors to american pain at the pump

if you can drive all the way across the country in an hour wtf does it matter how much the fuel costs

Wed, 08/15/2012 - 13:01 | Link to Comment buzzsaw99
buzzsaw99's picture

Americans pay much more than the posted price when you figure in military expenditures. Gasoline is subsidized, then taxed. [/efftarded]

Wed, 08/15/2012 - 14:24 | Link to Comment Bunga Bunga
Wed, 08/15/2012 - 13:04 | Link to Comment Meesohaawnee
Meesohaawnee's picture

I hate to say it but living in  a high rise with a large public/private parking garage in a very large city, and every morning seeing the count being about 50% SUV.. i hope it goes to 6 dollars a gallon. Its the entitlement mentality here which drives me up a wall. We think we are entitled to drive this un necessarily large vehicles holding one person inexpensively. Then we have the nerve to bitch when we cant do it. I would find the pain they have quite funny

Wed, 08/15/2012 - 13:21 | Link to Comment svc101
svc101's picture

Blame that one on Nader.

When I hit your prius with my SUV, I hope to prevail.

Wed, 08/15/2012 - 13:55 | Link to Comment Prisoners_dilemna
Prisoners_dilemna's picture

Even a minor, no bodily harm accident can be expensive for an SUV driver. Insurance companies will charge a premium on these "moving wrecking balls".
http://www.car-accidents.com/pages/stats.html
60% of accidents involve no bodily harm what so ever. The other 40% can be mitigated. Afterall whether your in a prius or an expedition, wearing your seat belt will prevent you from sustaining bodily harm when you slide on ice and hit a tree.

Or are you suggesting that all accidents are multi vehicle head on collisions?

Wed, 08/15/2012 - 13:04 | Link to Comment boiltherich
boiltherich's picture

I saw this at the Telegraph website yesterday and wondered why ZH had not reposted it because they never miss a chance to remind us how lucky we are to have gasoline at $4 when it costs about half that to make. Far less than half when you do away with faux accounting practices that claim oil costs $92 a bbl to produce. It actually costs about 6 bucks to get out of the ground on a global average. Anyone that claims otherwise is padding the books rather seriously. The exception being deep sea exploration of course, but that accounts for a tiny fraction of production.

Every time I read these comparisons of price from nation to nation it pisses me off because they always claim it is the price of gas. It is not the price of gasoline at all which is roughly the same nearly everywhere once you strip out taxes and subsidies. Example, Norway the number one on the list has taxes of nearly $7 per gallon, while Venezuela pays for all by 9 cents per gallon for your gas when you fill up there. These are internal national choices and have NOTHING at all to do with the underlying price of petrol.

This is not a comparison of gas prices it is a comparison of tax policies.

Wed, 08/15/2012 - 13:09 | Link to Comment The Count
The Count's picture

Is everybody deaf? Israel is actively planning to attack Iran. Bad idea. Very bad idea. Just like we and the Russian managed to have a Mexican standoff for decades so could they. But noooooo. Screw up the whole region or maybe more, who knows? Gas prices over $6 or more here we come, thanks to the cocky Israelis and our stupid politicians that don't know how to tell them to stand down. Oh, I forgot. Just about every other white house advisor and lobbyist in DC are Jewish.

Wed, 08/15/2012 - 13:09 | Link to Comment Confundido
Confundido's picture

They're just staging it to push Obama to commit to the cause in the middle of the election. Nothing really serious. All is propaganda.

Wed, 08/15/2012 - 13:13 | Link to Comment SheepDog-One
SheepDog-One's picture

I just tune out the BS Israeli sabre rattling, they never actually do anything, they make someone else do it for them. 

Wed, 08/15/2012 - 14:40 | Link to Comment Colonial Intent
Colonial Intent's picture

Use your enemy's hand to catch a snake?

Wed, 08/15/2012 - 13:16 | Link to Comment john_connor
john_connor's picture

The issue in Amerika is not so much the price of a gallon of gas as a percentage of pre-tax income, it is that the housing bubble exasparted the suburban sprawl phenomenom and forced people to live farther and farther away from their jobs.  As a result the absolute amount of dollars spent on gas is significant due to an increased average commute distance.

Example given would be someone spending $400 per month in gas to commute while making 40K per year.  40K per year equates to roughly 2K per month after taxes, ss, medicare, and other deductions, therefore one would be paying approx. 400/2000 = 20% of their after tax income on gasoline.

 

$400 gas spend can be roughly arrived at by driving 600 miles weekly at a price $4 per gallon with a 25 MPG vehicle

 

Wed, 08/15/2012 - 13:17 | Link to Comment Meesohaawnee
Meesohaawnee's picture

regardless. No matter how much we argue each case until we ditch the luv affair with large vehicles for no reason at all we have no right to bitch period. We in the aggregate are not entitled to one fucking thing. Then we wonder why people hate us as a collective society. Ditch the behemoths and then come to me with a complaint.

Wed, 08/15/2012 - 13:26 | Link to Comment john_connor
john_connor's picture

Agree.  If you assume 15-20 mpg for a big pickup then obviously more money is spent on gas.  It may be generous to assume 25 mpg for the average car on the road today, however I will let someone else research that and tweak the numbers.

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