Bloody Fuel Price!!!

[circmand]

For you US guys thats about $6.70 per US gallon (3.8 litres)

ah well, what can you do

By your own rig & drill your own oil ! LOL

I think the US tax around 14 % please some one correct me if i wrong.
[/QUOTE]

First they auction of the right to drill, Then they tax the equipment used to drill, then they tax the cost of transporting, then they tax the retailer who purchases, then the federal govt taxes it, the state taxes it, and the city taxes it. All in all its about 50% of the cost of producing when you add all taxes and fees in the production of fuel.

[Gussie2000]

By your own rig & drill your own oil ! LOL

I think the US tax around 14 % please some one correct me if i wrong.

First they auction of the right to drill, Then they tax the equipment used to drill, then they tax the cost of transporting, then they tax the retailer who purchases, then the federal govt taxes it, the state taxes it, and the city taxes it. All in all its about 50% of the cost of producing when you add all taxes and fees in the production of fuel.[/quote]

Damn it,my cousin told me about it,but didn't wanna believe it