I would like to know why gas prices are cheaper in the us than it is in the uk.
Bully is right about the Aussie prices. I live in Melbourne.
Consider this: The UK, and Australia, pay higher REFINERY prices and crude prices for petro-fuels than the US. Working in the petroleum industry, I am aware that the the rest of the world has subsidised US prices for decades. The US also pays lower refining costs.
The UK is about 35% self-sufficient for oil (North Sea Brent mostly), and Australia is 94% self sufficient, but our prices are still pegged to the Singapore prices for refined Crude, the second highest in the worls as far as I kow.
