Somethin' fishy here
According to gasticker:Gas prices in Toronto, Canada (in litres and CAN)August 25th, 2005 09:40 AM 85.5 cents per litre.855 CAN = .719 US3.785 litres = 1 gal THUSAn individual purchasing gas in Toronto is paying $2.72US a gallon.This is after the 21.7% combined GST/Provincial and 10c excise tax. Thus, going back (and using our algebra abilities):1.217x + 10 = 85.5 // pretax 62.038cCAN/litre == 1.97US/gal pretax.Meanwhile, gas is $2.699US/gal down the street from my house, at Shell. That includes:12.5c Pasco Co. tax16.3c FL tax18.4c Fed tax47.2c totalThus, pretax, gas costs $2.227US/gal.Either Canada is sourcing petroleum at a much lower cost per gallon (more than $.25US/gal!!) or US oil companies are pulling the biggest ripoff in human history over willing U.S. consumers.
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