Quote:
Originally Posted by jamesqf
If I'm not mistaken, though, the UK and most of Europe collect far more in fuel taxes than is used to maintain the roads. The rest goes to general revenue - which is why prices are significantly higher than in the US.
PS: Where the price, at least around here, has dropped about$0.15/gal in the last few weeks. Had to put some in the pickup tonight, and it was $3.46, down from I think $3.59 or so last time I looked.
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You wouldn't think that here in Ireland!! Some of the roads are awful! The bigger ones tend to be tolled because the cost to build them was so big they got a private company to build them, then tolled them! wonderful.
Here's a pdf showing how our fuel demand is falling off:
http://omrpublic.iea.org/demand/ir_dl_ov.pdf
http://omrpublic.iea.org/demand/ir_gs_ov.pdf
My take on it is that in addition to people driving more fuel efficient cars, there are less on the roads due to massive lay offs. Less trucks on the roads because people are buying less.
Now those left in jobs will have to pay the balance. Somebody has to i suppose.
