The next time you’re staring in disbelief and a recently jacked up gas price at the pump, this thought might console you a little bit — they’ve got it much worse in Norway!
CNNMoney says the Europeans should be jealous of us, not just because we are the coolest and funniest, but a lot of them pay double what we do for gas. Heck, the Greeks and Scandinavians pay even more than that.
In the good ol U.S. of A, the national average for a gallon of gas was $3.53 on Thuesday, syays the AAA, after rising for 16 straight days for a 34-cent jump. Head over to Oslo to fill up, however, and you’d be paying $9.28 per gallon. Ouch!
It’s not quite so bad everywhere in Europe, as the British, Irish, Germans, Italians and French all pay around $7.50 to $8 per gallon, according to the International Energy Administration. In Denmark prices are around $8.20 and in Greece, $8.45
One might think these prices are because those countries don’t have access to their own fossile fuels. But they do! Norway has quite the oil industry going in the North Atlantic, as does the U.K. So what gives?
“The difference between countries comes down to taxes and subsidies,” said Tom Kloza, the chief oil analyst for Oil Price Information Service. “Prices are incredibly high in Europe because of the stiff taxes that EU countries put on fuel. The same holds true for many other countries.”
Knowing others have it worse than you still won’t bring the gas prices down, but come on, it feels kinda good, right?