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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (25645)2/4/2008 3:17:18 PM
From: TimF  Read Replies (1) | Respond to of 71588
 
I guess it depends on your boundary for large nations.

Also no matter what your boundary I don't think your list is completely accurate. (For example I think Mexico might have lower prices than the US, and Egypt subsidizes gasoline as does Saudi Arabia and Iraq. Egypt and Mexico are bigger than Venezuela in terms of population, Iraq and Saudi are almost as big).

And the US doesn't have a lower price than much rich countries because of subsidies, but because we have lower taxes on oil or refined products. Our net subsidy is probably negative (meaning government action increases the price in the US, just not nearly as much as it does in most of Europe or Japan).