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To: Lucretius who wrote (14798)8/30/2000 11:22:10 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
another new error myth debunked:

"The US economy is indeed much more energy-hungry than Europe: it needs the equivalent of 330 tonnes of oil to generate $1m of gross domestic product, compared with 190 tonnes in France and Germany and 140 tonnes in Europe. Furthermore, taxes on fuel in the US are minimal relative to those in most European countries. Rising crude oil prices translate more directly into higher consumer prices."

news.ft.com