In response to:

Thank You Mr. President: Despite Recession, Oil Prices Continue to Rise

believersss Wrote: Sep 19, 2012 4:44 AM
Not mentioned by anyone: $3USD per gallon of petrol is insanely cheap compared to other first-world nations. Gallon of petrol in England - $8.36USD Gallon of petrol in Australia - $5.73USD Gallon of petrol in Japan -$7.23USD Gallon of petrol in Germany - $8.35USD I know that the United States has a lot of domestic production (compared to other western nations) but that can't completely account for the price difference. I know we've been used to cheap gas for a long time, but $3+ gas is not going to go away and is still ridiculously cheap by international standards. Get some perspective.
BSsifter Wrote: Sep 20, 2012 6:23 AM
It's also has to do with the amount we buy. You get a discount in anything sold if you buy quantity. We use the most, so we get the best price, that simple. As Lance writes, it is also TAXES.
Magna Wrote: Sep 19, 2012 4:57 PM
I do not care what other countries pay for a gallon of gas-I do not want to be like France !

So get some perspective on that if you can -there is a reason for this lower price -and I am moving on as you are giving me gas .
justsomeguy151 Wrote: Sep 19, 2012 9:19 AM
I'll get some perspective as soon as YOU get a clue. Gas has not been $3 for some time, a year. Its $4 in my neck of the woods. Also, truly fuel efficient vehicles aren't allowed to be sold in the US like the 69mpg VW Jetta but this vehicle is readily available outside the US. The oil gangsters make their money back by ensuring that the price of gas in other nations is at least double what it is in the US.
BSsifter Wrote: Sep 20, 2012 6:35 AM
And you don't think EPA mandates have something to do with that? All the safety cr@p required here adds thousands to the price of a car, not to mention a lot of weight, which directly effects gas mileage.
You could get a VW Rabbit, or a Honda Civic in the 70's that both pushed over 50 MPG. These cars weighed 2,000-2,000 pounds. It was due to light weight. Now a sub compact car tips the scales over 3,000+.
Hawker 1 Wrote: Sep 19, 2012 8:50 AM
OK some perspective. I lived in Europe ,mainly Great Britain, The distance they dirve is about 1/10 of the USA . Why you may ask? well they are about 1/10 the size of the USA. Don't believe me? well try looking at a world glob or map. Just might give you some PERSPECTIVE.
Robert97 Wrote: Sep 19, 2012 11:29 AM
Also these other countries (UK, Japan, Western Europe), have much better mass transit.
NavVette Wrote: Sep 19, 2012 3:54 PM
They have better mass transit because they are much more densely populated than the U.S. and have a much smaller landmass. And, by the way, most of those governments heavily subsidize their mass transit. Additionally, despite the mass transit, the automobile traffic congestion is horrendous.
FletchforFreedom Wrote: Sep 19, 2012 8:45 AM
The problem with your analysis is that it raises a meaningless "point". That US gas prices have been relatively cheaper for decades (due overwhelmingly to additional taxes imposed elsewhere) is one of the reasons that (pre-Obama) the US has performed economically so much better than countries in Europe and Asia (which is incontestibly the case).

What matters is the economic impact of price changes relative to what they had been HERE - and the trend has been entirely detrimental.
Bernard83 Wrote: Sep 19, 2012 8:17 AM
In Canada it's around $5.33/ U.S gallon and Canada is the largest supplier of oil to the U.S. Much of the gas sold in the northeast U.S comes from Canada. The difference in price is in the Taxes. In VT about $0.55/gallon. In Canada about $2.50/gallon.
Higher gas prices, like higher minimum wage rates serve only to drive up inflation and are actually harmful for low wage earners and middle class people.
GOOD OL' BAD GUY Wrote: Sep 19, 2012 10:30 AM

A gallon in Canada and Europe is 277 cubic inches; in the U.S. a gallon is 231 cubic inches. When comparing prices in most other countries their cost at the pump should be multiplied by 0.833.

Last time I was in Canada the exchange rate favored the U.S. Dollar so that must be included in any comparison. With the devaluation of the U.S. Dollar (thanks to Zerobama) no telling what the current exchange rate may be today.
BSsifter Wrote: Sep 20, 2012 6:28 AM
These countries also have to fund that 'free" healthcare.
Michael Bowler (formerly Michael) Wrote: Sep 19, 2012 6:22 AM
In these countries, "petrol" (gasoline for Americans) is a primary taxation vehicle. The vast majority of the price of fuels in these countries is not the cost of the oil, refining or transportation to market, it is the government taxation used to prop up the welfare state.

It should be noted in these relatively tiny countries, populations are far more densely packed and public transportation is far more commonly used by the middle classes. Those taxes are used to prop up an otherwise unprofitable public transport infrastructure. The comparison is simply not valid.
Mother of 4 -- the original Wrote: Sep 19, 2012 8:31 AM
All of England would fit into New England with plenty of room to spare.

Japan is considerably smaller than California.

Germany is a little smaller than Montana.

Any other questions about how small they are?

Australia is geographically large, but very thinly populated with that population largely restricted to relatively small areas of the coastline.
Bernard83 Wrote: Sep 19, 2012 9:01 AM
U.S.A = 9,826,875 sq km
England = 243,610 sq km
Japan = 377,915 sq km
Germany = 357,022 sq km
All relatively small countries compared to the U.S
Australia = 7,741,220 sq km
more than 2million sq km smaller than the U.S so relatively small and they have a gas price similar to that of Canada at 9,984,670 sq km. Most of Canada and Australia are uninhabitable so populations are concentrated in smaller areas of those countries.
Australia produces 589,200 bbls/oil/day in 2009. Canada produces 3,289,000 bbls/oil/day in 2009
Don't know how you missed that.
Mother of 4 -- the original Wrote: Sep 19, 2012 9:26 AM
Left-libs are too busy with their insert-victim-group here studies to bother with geography or math.
Lance852 Wrote: Sep 19, 2012 5:26 AM
Really? Who needs to get perspective? One word as to why gas is so much more expensive in Europe, and in parts of the U.S. - NYC and CA - taxes!
karpe diem Wrote: Sep 19, 2012 7:03 AM
i would love to pay $3 per gallong, but the gas here in l.a. is 4.30 and more. when obama took office it was 1.75, and the economy was at the beginning of the recession he made it worse so we have recession and inflation. a good combination. it is deja vu all over again like in carter's time.
Ron4594 Wrote: Sep 19, 2012 2:16 PM
40% of the cost of gasoline is TAXES. This does NOT include federal and state pump taxes.

I probablyt also doesn't include the taxes on the alcohol used to dilute gasoline.
BSsifter Wrote: Sep 20, 2012 6:25 AM
To be honest, I would gladly pay $5.00 per gallon if it would guarantee Obummer would loose.

The White House is doing a fabulous job keeping oil prices low through strategery, says All-Business Oracle, CNBC, where the motto is: We’re the Real Rock Star of the Stock Market.

“The White House promise that it could release oil from strategic reserves if prices get too high,” says CNBC “is keeping a lid on crude prices, already under pressure from slower global growth.”

CNBC trumpets this view in its not-too-subtle homer headline How the White House Is Keeping a Lid on Oil Prices.

Yes, how indeed has this White House accomplished the marvelous feat of keeping oil prices...