Comment 34741

By A Smith (anonymous) | Posted October 12, 2009 at 20:31:02

Jason >> In a true free market, they would have to pay through their nose to get access to oil/gas supplies.

According to the Ministry of Finance in the Netherlands, taxes make up 68.84% of the cost of gasoline/petrol ( ).

According to the U.S. Dept of Energy, gas prices in the Netherlands were US$7.38/gal as of 9/29/09 ( If we take the taxes out of the price of gas, we get US$2.29/gal.

The current price of gas in the U.S is US$2.71. The average tax/gal of gas in the U.S. averages 47.3 cents/gal ( ). If we take out gas taxes from U.S. prices, we end up with US$2.24/gal.

If you compare the Pre-Tax/Free Market prices of gas in both the U.S. and The Netherlands you get almost the same figure, US$2.24-2.29/gal.

Jason, in a true free market, would the people of The Netherlands pay more or less than the current US$7.38/gal for gasoline?

Permalink | Context

Events Calendar

There are no upcoming events right now.
Why not post one?

Recent Articles

Article Archives

Blog Archives

Site Tools