Things are pretty volatile right now, so it just depends on the week, I guess. Wholesale gasoline prices are now $1.76 a gallon in the US (I guessed it was $2.40) and the retail prices are now $2.73 per gallon (I guessed it was $3). The difference between the wholesale price and the retail price is mostly taxes and in this instance, a little time lag. Most filling stations don't make much, if any money, on selling gasoline.
For Finland, $6 - $1.76 a gallon in Finland means roughly 70% of the money is going to taxes, most of which is punitive. A little margin for delivery, etc. and I guess the taxes represent something a little under 70%.
For Finland, $6 - $1.76 a gallon in Finland means roughly 70% of the money is going to taxes, most of which is punitive. A little margin for delivery, etc. and I guess the taxes represent something a little under 70%.
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