Yes, European countries have a much higher percentage tax on petrol 
products than in the USA, so as the cost of a barrel oil increases, 
there is an increase in the markup to consumers with corresponding 
increase as the percentage for taxes that is applied; a kind of double 
whammy affect on the consumer.

Regards,

LelandJ

Michael Madigan wrote:
> Isn't most of the price taxes?
>
>
>
> --- "Leland F. Jackson, CPA" <[EMAIL PROTECTED]>
> wrote:
>
>   
>> Anyone that thinks the price of gasoline and diesel
>> is high in the USA 
>> should consider the prices in Europe.:
>>
>>
>>     
> http://worldblog.msnbc.msn.com/archive/2008/03/18/781155.aspx
>   
>> or
>>
>> http://tinyurl.com/3bf7hq
>>
>> Regards,
>>
>> LelandJ
>>
>>
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