Gas Price around the world

[E-Fishin-C]

PRICE

OF GAS AROUND THE WORLD

 

 

 

Prices are quoted in US dollars per gallon for regular unleaded.

 

 

 

 

 

 

 

 

 

 

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Oslo, Norway $6.82

 

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Hong Kong$6.25

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Brussels, Belgium $6.16

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London, UK $5.96

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Rome, Italy $5.80

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CANADA

$5.36

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Tokyo, Japan $5.25

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Sao Paul o , Brazil $4.42

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New Delhi, India $3.71

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Sidney, Australia $3.42

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Johannesburg , South Africa $3.39

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Mexico City$2.22

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Buenos Aires, Argentina $ 2.09

... YOU'RE GONNA LOVE THIS ....

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Riyadh, Saudi Arabia $0.09

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Kuwait $0.08

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Caracas, Venezuela $0.12

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gee, if only

Canada

was an oil producing nation

.....

 

 

Hey, wait a minute!!!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[mraf]

What you really mean is "If only the powers that be Canadians cared what Canadians have to pay for gas". Right?

[Squeeze]

8.05 USD for a USgal here in Germany

 

 

:doh::doh:

[ragtop69gs]

8.05 USD for a USgal here in Germany

 

 

:doh::doh:

 

How much of that $8.05 is taxes ?

[Squeeze]

How much of that $8.05 is taxes ?

 

There are 65.4 Euro Cent Fuel Tax on each Liter, equates to 3,36 USD in Fuel Tax per USgal.

 

Here are 19 Percent VAT on the net Price (Fuel Tax plus actual net Cost at the Pump), which makes it 4.645 USD in total Taxes.

 

:think:

 

Yes, you read right, they VAT the Fuel Tax also ...

[Condor]

There are 65.4 Euro Cent Fuel Tax on each Liter, equates to 3,36 USD in Fuel Tax per USgal.

 

Here are 19 Percent VAT on the net Price (Fuel Tax plus actual net Cost at the Pump), which makes it 4.645 USD in total Taxes.

 

:think:

 

Yes, you read right, they VAT the Fuel Tax also ...

 

VAT tax is nothing more than another way of saying it's a national sales tax.....

[Squeeze]

Condor, that might be the Case. I don't know the exact Rules of How the Sales Tax is handled in US, who has to pay and in what Cases is has to be applied a second or even a third Time on the net Sales Price ....

 

I.e. here, a natural Person buys a Car for 16,806.72 plus VAT at 3193.28 to a grand total with 20,000.00.

If you sell the Car back to a Business, they pay you, say 10,000.00, they don't pay VAT because you're a natural Person, not a Business.

 

But if the Business is selling the Car without any Margin, they have to add VAT on their selling Price, marking the Price up to 10,000.00 plus 19% = 1,900.00 = 11,900.00.

 

This can happen a Number of Times and even along a Manufacturing Process until a Product gets to the End User. Business's declare their VAT each 10th of the Month and they can deduct what they paid in VAT for Goods bought from the Amount of VAT they got from their Customers. If they did spend more VAT Money than they received from their Customers, they get the Difference back from the IRS.

 

It's quiete complicated over here, a printed Version of the national VAT Law is much more Paper than our Income Tax Law.

 

btw .. did you know, when each and every printed Paper about Tax Laws in the World is added up to one hundred Percent, the Percentage of german Language used in all this is more than eighty Percent ?

 

Ok, at least german Language is also used in Swiss and in Austria ....

[Condor]

Condor, that might be the Case. I don't know the exact Rules of How the Sales Tax is handled in US, who has to pay and in what Cases is has to be applied a second or even a third Time on the net Sales Price ....

 

 

WE have VAT levied on some things imported into the US. Yachts, Aircraft, etc. They have some real goofy rules about being exempt. Say if a foreign flagged yacht were to spend more than 6 months in the US then VAT would apply. Less and they are considered in transit. They used to have a VAT on all items costing over $100,000, but that went over like a lead ballon and has since been repealed. I think it's all creative writing and a money grab... No matter what country does it...

[friesman]

 

 

Gee, if only

Canada

was an oil producing nation

.....

 

 

Hey, wait a minute!!!

 

 

 

I apologize in advance to the mods, BUT, I hafta say it......

 

But if we were to sell oil Ontario for less money than the world price there would be issues with that, why should Sask and Alta subsidize Ontario? Remember the National Energy policy with Trudeau when Alberta's economy tanked because of it. The oil has to be sold at a world price to keep exploration and developement going.

If it was mandated federally for the west to sell to Canadians at less than world prices you would have Alta and Sask looking to separate from Canada immediately.

 

Brian