-After recently buying a new car, I realized that fuel is getting rather expensive (UK). What I'd like to know is basically, how much they really make a litre/gallon for without VAT and with? In addition to this, what are prices comparatively speaking Stateside? Any plus info would be appreciated, however, feel free to rant or let off steam, would like to see peoples opinions, no matter the argument.The first link is a breakdown of the cost of a gallon of gasoline. It shows crude oil as being half the cost of gasoline. I have seen numbers indicating the cost of producing middle eastern crude oil and shipping it to a refinery are less than 5 cents a gallon. That money goes into the pockets of the sheiks.
Everyone complains when the price of anything goes up but based on historical prices adjusted for inflation gasoline prices have been relatively stable for the last 90 years. Gas in the US is running about $3.10 a gallon right now and is predicted to go above $4.00 a gallon later this year. That would put it at an all time high but not much more than the inflation adjusted price.The price in America is half that charged in the UK and Europe
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