Only 50% ? We pay a whole lot more than that already.And it hasn't made diddly squit difference to sales so the environmental argument is bust.SUVs have been hammered in our latest Budget.But they still exist;if you exchange one for a smaller car somebody else is going to buy it and use it! Again the environmental reason fails.
Got to tank up today with diesel at about £1.14 a litre which is $8.55 per US gallon.And you say US prices are catastrophic!
Most European countries, Canada and China already charge well over $6-$10.00 per gallon and they pay from 40%-45% of tax on a gallon of gas.
That amounts to more than
$2.50-$3.50 tax per gallon. What is 50 cents ? LOL !!!!

:1orglaugh
Only United States enjoy such cheap gas. But wait, if you guys in Pennsylvannia votes for HER HIGHEST QUEEN HRC HILLARY, the gas price will go up to eventually $6-8.00 relatively the same as in EU and Canada to fund the universal health care and so many other social programs for the poor.
I agree Obama screwed up on his relationship with his spiritual minister. Obama should denounce him and leave the church and may be save your ass for 1-2 bucks less if Obama's universal health plan is enacted (if he is elected as the President)
The other major problem is China is buying a lot of petro (gas) in open market, competing directly with EU and USA for natural resources. This also drive the price up and the most important thing is the refinery companies (after Katrina, the Texan Bush extended families see no criminal charges to raise the price of refinery and use Katrina as an excuse, so the price of gas keep going up.)
Don't forget, United States produces roughly 1/3 of domestic consumption of oil, roughly 1/3 come from Canada and Mexico, directly through underground oil pipelines, and the rest from Middle East and other OPEC countries. :wave: :nanner:
The rise in gas price only benefits Russia, Iran, Saudia Arabia, OPEC countires, but the biggest profit goes to Russia.
Keep on trucking, there will be no USA in less than 50-75 years ! :fight: