Pop Quiz: The Things We Do For...Gas


Answer: A) the Netherlands

The reason why the Netherlands pays around $6.50 US dollars per gallon of gasoline, while Venezuela only pays $.12, -- and the main factor accounting for the difference in gas prices between nations -- is government policy. In the case of the Netherlands, gasoline is heavily taxed, whereas in countries like Venezuela, Egypt and Iran, gasoline is heavily subsidized by the government.

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Source: CNN Money

Tags: Oil

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