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by belter 1568 days ago
For anybody in the US, we are talking about 10 dollars per gallon...
2 comments

So that's about double US prices -- why is the price so high in Europe? Or rather, is it low in the US because we're a big oil producer?
> So that's about double US prices -- why is the price so high in Europe?

Mostly, high gas taxes. Gas taxes in some countries in Europe are as high as gas prices in some US states.

Federal gas tax is 18.4 cents a gallon, states add on top of that somewhere in the range of 18 to 67 cents, so under a dollar no matter where you are. The EU requires a minimum gas tax of $1.55 a gallon, but depending on the country goes over $2 a gallon.
The US also has cheaper 87 octane gas. All gas in Europe is the US equivalent of "premium" 93+ octane.
Isn't it just different numbering scheme? https://en.wikipedia.org/wiki/Octane_rating
Go to the table and sort by (R+M)/2 . All European fuels have a value of 90+. The vast majority of USA fuel is at 87.
Jesus. I paid $4.61/gallon yesterday and was surprised.