Gasoline in other countries usually have a high precentage of tax on it which paves the roads etc whereas in this country paves the pockets of the oil companies . . . that said.
Taxes are high in other countries because they are socialist welfare states that force their citizens in to paying substantial taxes to subsidize, well, pretty much everything.
I have mutual funds. Mutual funds own portions of oil companies, foreign and domestic. That's good business in addition to good personal finance.
In the periods that oil companies have made profits, the taxes that US governments have levied on the companies personal profits, andmy mine as an owner of mutual funds and at times individual stocks, have exceeded the profits.
Governments are not good investments. They are wasteful, inefficient, and lack honest accountability.
my local newspaper listed a national(US) survey asking what is the greatest concern in our economy. the highest response(30%) was fuel prices.
now think for a moment about "responsible" people of the lower and middle classes of income earners...
my thought is towards the ones that either have no car payment(s) or a very low used car loan. also consider those that do not have mass transit as an alternative.
certainly THOSE are the ones that have a fuel bill as their greatest payment other than mortgage/rent and food. and there is talk that significantly raising fuel prices MUST happen? it seems as tho "mother earth" is more important than "fellow brothers and sisters."
no doubt we are consuming too much of fossil fuels creating massive pollution, but until we have an affordable replacement, this is what we do to function. there is no justification in punishing all(even tho the greatest earners are not really affected) for the sin of some!(many?)
when things were tough, i used to purchase $500 and similarly priced vehicles to get by. now, someone that can only afford this price range is going to pay THAT purchase price several times over in gas? NO WAY!
i do not know what the payment of new car is. i do know that an inefficient car that is paid for leaves an individual in a better financial state. it is my experience that larger vehicles are easier to find in better shape and for a better price especially with older sellers.
there are better ways to influence people to make smarter consumer choices be it what to purchase, how to consume(drive), or when(how often) to use.
raising taxes is not entirely effective nor is it fair!
There's nothing wrong with consuming dairy products. Non-fat dairy products in particular are VERY healthful foods. Rather, my point is that there is nothing about dairy products that justifies them being put in their own food group, whose consumption is absolutely mandatory. As I said, dairy products are really a meat alternative more than anything else.
I'm totally in favor of " a lighter note" and don't really care how much dairy people consume; cows need jobs too. I just don't think it's good for me and causes sour body odor,so I don't.
On the oil thing; I'm not that concerned about the environment,but more where this oil is coming from and the lack of control we have over it.Not trying to conserve oil or replace it with something else only hurts the guy just trying to get by. Increase demand raises prices.Using more fuel in an SUV only raises the price to fill up that guy's pinto.
THE MAN WITH THE UMBRELLA DID NOT MAKE IT RAIN ON YOU.