Quote:
Originally Posted by Two Bills
Filled my car in UK today 5% Ethanol @ £9.20 imp. gallon. That's $11.40 Imp. gallon. That's about $9.46 for a US gallon.
Pretty much same price all over Europe.
Fuel duty is currently levied at a flat rate of £2.66 ($3.33) per gallon for both petrol (gas) and diesel, while VAT at 20% is then charged on both the product price and the duty.
We are screwed and counter sunk!  |
Thanks for explaining (to those who do not know, and keep using the high prices in Europe as an excuse that our prices are too low) WHY prices are sooo high across the pond!