eli5: why the current price of gas is much higher than in 2008 when the price of brent barrel was quite higher?
In: 226
Don’t know where you are, but in Canada, in the last 15 years, we’ve added about $0.30/l in taxes. There were taxes before, but these are all additional. At $C$1.75/litre at the pump, tax is not an insignificant part of the increase.
Latest Answers