
Most European countries have high fuel taxes. The prices have traditionally been three to four times the U.S. price, with prices during 2000-2005 equivalent to $5.82/gal. During that same time, the U.S. had prices around $1.50/gal.

I was dismayed to read Stephen Power's Wall Street Journal report about Energy Secretary Steven Chu (February 20, 2009 ).
Myths and falsehoods about oil policiesSource: Media Matters for America
In reporting on high gas prices and initiatives that have been proposed to address the issue, the media have repeated or failed to challenge several myths, falsehoods, and claims contradicted by government agencies.
US Says OPEC To Earn Almost $1 Trillion From Oil This YearSource: planetark.org
Net oil export earnings from the Organization of the Petroleum Exporting Countries were forecast to soar 45 percent from last year's record $676 billion to $980 billion this year and then fall to $880 billion in 2009, when oil prices are expected to be lower, the Energy Informati …
Where Is The Economy's Breaking Point?Source: CNBC Top News and Analysis
"When oil was climbing past $50, $60, $70 and even $80 a barrel, the big question was: Where is the breaking point for the economy?
Gasoline prices, demand, and the debate around itSource: CNN
Ravenous demand for gasoline in the U.S. has been a main reason for the surge in prices over the last couple of months.
For the first time ever, gasoline demand failed to drop below 9 million barrels a day in the slow winter season, according to government figures.
Canada oil sands to help meet Bush Mideast oil cutSource: Reuters
"When Bush called for the cut in his speech he was targeting the current forecast of 6 million barrels per day of Mideast oil in 2025, hoping to cut it down to around 1.5 million barrels a day."
"The new data will show U.S.