Tuesday, July 25, 2006

2692 The gasoline cost survey

Today I got an e-mail questionnaire from my congresswoman Deborah Pryce asking my opinion on gasoline prices. Although ANWR and more refineries were included as a choice (to solve the problem of high prices), I can't believe our congresspeople never mention the gasoline taxes (20% of the cost). So I reminded her of that option. I don't know why they even run that price gouging question past us! Yesterday in Bucyrus it was $2.85 a gallon. When it gets to $3, which it is around Columbus, and people just stop buying, then the supply increases, and the price goes down. Adjusted for inflation we're about where we were in 1981.

In Norway which is an oil rich nation and now very wealthy with the highest standard of living in the world, I see tourists are advised to fix their own food if possible--$14.50 for a chicken breast if you cook it yourself. They put their oil money in a trust fund for the future, so they pay high prices now. Our Finnish friends all drive small, efficient cars, they conserve, they pay huge fees to have a license to drive, and they have an excellent public transportation system. And they are paying well over $5/gal for gasoline, a lot of which is taxes. And they are very unhappy that huge Russian transports are using their highways paid for with their gasoline taxes to haul automobiles from the Finnish port cities of Turku, Hanko and Kotka across the border into Russia.

1 comment:

Renee Nefe said...

That is interesting that congress doesn't think to lower taxes...hummm.

But you're right, we probably pay some of the cheapest prices for gas here in the US, but we sure whine and complain about it loudly when the prices go up.

In Korea prices were close to $5 per liter of gas. We were adivsed to purchase our gas on base because they warned that the Korean gas was watered down and could mess up our cars.