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Politics : Foreign Affairs Discussion Group

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To: Michael Watkins who wrote (147647)	10/12/2004 8:27:07 PM
From: TimF	Read Replies (1) of 281500

As for oil and gasoline prices being at all time highs see Message 20627455 In England current average prices are .85£ / litre which translates to $1.53 USD per litre 3.785 l/g = $5.79 USD per gallon.* That's mostly tax. Subsidizing the good life on relatively cheap energy is a plan that works only while energy remains cheap. It doesn't involve a subsidy. Even in the US we have taxes making gasoline, diesel, ect. more expensive. Some countries do have subsidies but they tend to be third world countries will relatively small consumption. Tim

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