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Cost of gasoline


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We are now seeing gasonline prices of $2/gallon here in the States, with prices to rise to $2.50/gallon soon....this was from an average cost of $1.75/gallon over the past few months.

If my calculations are correct $2/gallon USD equates to $4.46/gallon when compared to the Brittish Pound Sterling and converting gallons to liters.

I guess we have nothing to complain about if my calculations are correct. :blink:

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4 Litres > 1 U.S.Gallon (Approx.)

3.20 GBP

United Kingdom Pounds = 6.10147 USD

As you can see it converts to over $6 a gallon. (that's for unleaded petrol).

We can all moan :(

British Petroleum recently released the biggest profits ever, due to the increase in petrol prices.

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What really annoys me is that this is probably the highest price in Europe, coupled to the fact that we pay the highest road fund licence in Europe, and have recently opened the first toll motorway, with more planned. True, other European countries have more toll roads, but other motoring taxes are lower. I understand that France has no road fund licence tax at all.

RIP OFF BRITAIN IN ACTION.

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Yes, but not directly. There is a tax on gasoline that goes towards the Highway Trust Fund, a fund used for the maintenance and repair of federal and state highways. Local roads are repaired and maintained by the city, with the revenue coming from city income tax.

We have city income tax, state income tax, federal income tax, gasoline tax, liquor tax, real estate tax, hotel tax, social security (tax) and sales tax (around 7% here in Ohio). We are a tax happy country and the govenment keeps asking for more. :angry:

Artist, look HERE.

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Well we have a tax on petrol too... plus we have income tax and National Insurance and VAT, there is also something called stamp duty (real estate tax to you) and alcohol and tobacco are taxed.

What did I forget folks? Oh yes there is something called inheritance tax... if you leave more than £263.000 to your reletives when you die then it is taxed at 40% If however you try to give your assets away before you die then as long as you stay alive for seven years the gift is only taxed at 20% or something like that. :(

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Now let's be fair about this, they do leave us a few pennies.

True ! so they can waste the pounds and live in luxury.

It's all the expensive air trips that I find particularly annoying. M.P's and Euro M'P's don't use budget airlines do they?

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