Gas Price Differences In Europe And The US
Why is gasoline so much more expensive in Europe than in the United States, and how does it change behavior?
"Gasoline prices in countries such as the United Kingdom and Norway can sometimes reach $5 per gallon because of high taxes. According to the Wall Street Journal, taxes in the United Kingdom account for 80 percent of the pump price, while the Europe-wide average is between 60 and 70 percent... If gasoline taxes in the United States had the same effect on driving that cigarette taxes have had on some smokers, higher gas prices could provide the motivation for some consumers to switch from, say, large SUVs to smaller more fuel-efficient cars."
Thanks to Chris Steins
Published on Tuesday, February 17, 2004 in
Topics
- Home Builders Aren't Building the Smaller Homes the Market Wants
- Recycling Is Cancelled
- Study: Density Can Impede Growth
- Seattle Gives Final Approval to 27 Upzones
- 'Urban Luxury' Housing Skyrockets in Texas and Beyond
- The Case for Fourplexes in Portland
- Many Norms, Few Plans: Urban Rubble Clearance in the Cities of the Global South
- Chinese Cities Build Big Despite Shedding Residents
- Scrutiny for HUD Secretary Ben Carson's Schedule
- Santa Monica Pedestrian Mall Wants People to Hang Out
- Vital Lessons From the Midwest Bomb Cyclone and Flooding of 2019
- Bipartisan Support for Federal Diesel Emissions Reduction Bill
- Washington State Needs Funding to Address Culvert Issue
- Jeep Plant Isn't Getting a Warm Reception From Detroit Residents
- The Cuyahoga River Once Caught Fire, Now its Fish Are Safe to Eat
- The Resilience of Culture
- A New Look at Causes and Effects of Pollution, From Production to Consumption
- At World Oil Conference, No One Questioned Climate Change Science
- Ottawa Light Rail On Track to Expand
- New Dog Park a First for Downtown Phoenix
