[Mac1]

"Bring on the $8.00/gal gasoline and diesel! Until then, stop whining."

Here in the UK the price is £5 or near to it - about $9.50 at today's rates. Its headline news from time to time but there's no crisis or anything yet.

[WoofDog123]

i have always thought the reason the western european economies (particularly the UK) absorb the very high tax on petrol is 1) avg. distance goods travel by truck is much lower and 2) you have a functional mass transit AND inter-city transit system. If we had 9.50/gln gas here we would not have an economy.

[SAJ]

The price of gasoline -- pardon me, petrol -- in the UK is the same as it is everywhere else on the planet. The only variations in price are local and/or national taxes and shipping differentials.

Crude and its products are a one-price market, worldwide. Premia and discounts to a 'barrel' of crude (there is no such thing, btw, it's merely an out-of-date metric) occur only due to different grades, whether 'sweet' or 'sour' and how much so, and whether 'heavy' or 'light' or wherever in between. Plus, of course, shipping costs.