aquarius wrote:Gasoline in Europe is much more expensive than in the US because of our high taxes.
You are right.
A german liter of gas was ~ €1.50 (= $ 2.25 = $8.51 per Gallone)
half of it was tax only
The biggest rip off is our own government (€0.89 per liter) , 2nd place broker - push price up from €1.32 to almost €1.60 (per liter!)
...but we don´t have any substitued yet and they know it
Similar to our water price. When water was short a couple of years ago, everybody started saving water.
What happend?
The water became more expansive as before. They sold less as everyone reduced consumption but producing costs were the same => increasing price. Own goal
If I need to drive to work every day, I have to do it. Doesn´t matter if the gas is free of charge or €5 per liter. I have no choice (and "they" know it). If you will invent an engine, that will run with trash, waste, cow shit, water... the remains of your body will be found somewhere in a far eastern desert
We may run out of oil within the next X years. This fear keeps the price high. If it´s not the fear, it´s the OPEC
I´m a little bit "concerend" that Russia has 1/3 of oil/gas spouters and they use this profit to increase their armies, but we (Germany €1.3 billions ) pay them to "disarm" their trashed Navy...