> I suppose if gas in the US goes from $2.50 per gallon to $3.50 per gallon
> it could be said to be "approaching" European levels,
Well, it means that the gas price in the US is 40-55 percent of the price in
Europe. Most Europeans would call that a bargain.
> but only if European prices remain constant.
True, yes, the will not, if the price of crude goes up the European prices
are likely to rise even further.
> Americans pay less for fuel than almost the entire world, but they make up
> for it by complaining about the price more.
In Europe 70 percent or so of the gas price is tax. I find the American gas
prices irrational, spineless, they lead to over-consumption, and at the same
time as the price is ridiculously low there are huge deficits that may a
threat to everyone.
In any case the price of gas will be one of our smallest problems this
summer.
Per
http://lowdin.nu