Comment 31341

By A Smith (anonymous) | Posted May 28, 2009 at 05:23:38

nobrainer, according to the feds ( www.fin.gc.ca/toc/2006/gas_tax-eng.asp ), 1/3 of the retail price of gas is comprised of taxes. In Europe, taxes account for more than half the cost of retail gas.
Therefore, where is the evidence that suggests that gas prices are kept artificially low? You're probably thinking about subsidized transit when you are referring to artificially low prices.

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