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Q: Fuel costs in the five most expensive regions in the world, including the US? ( Answered 5 out of 5 stars,   2 Comments )
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Subject: Fuel costs in the five most expensive regions in the world, including the US?
Category: Business and Money > Economics
Asked by: 6ra3-ga
List Price: $100.00
Posted: 23 Jul 2005 01:59 PDT
Expires: 22 Aug 2005 01:59 PDT
Question ID: 546866
Hi,

I would like to know how much does car fuel sells for on average in
the five most expensive regions in the world, include the US in the
list as the fifth and the percentage of cost directly related to the
raw material and where is the rest going to, meaning taxation,
refinement and transport and so on.

Thank you.

-Mao

Request for Question Clarification by easterangel-ga on 23 Jul 2005 03:31 PDT
Hi 6ra3-ga!

I was able to find a list of countries which have the most expensive
gasoline prices. The US isn't in the top 5 but as you requested we can
insert them there in comparison to the top 4. Prices are in US dollar
Regular/Gallon.

However, I wasn't able to find the price components of each country
only the general price. The reason probably for this is that there are
lots of things that goes into the prices of gasoline which are unique
per country.

I was only able to find articles discussing the general cost
components that usually go for any retail gas stations in the world.
Would this be ok as a substitute for your more detailed requirement?

Thanks!

Clarification of Question by 6ra3-ga on 23 Jul 2005 05:00 PDT
Hello easterangel,

The costs of a retail gas station are beyond the point of where the
major costs get built up for the gas prior to distribution to retail.

Taxation, transportation and other costs other than the operational
costs of a gas station are important.

I would like to know in general what percentage of the overhead on the
cost of gas comes from the Oil prices as opposed to the other
elements.

Thank you.

-Mao

Request for Question Clarification by easterangel-ga on 23 Jul 2005 05:24 PDT
I'm sorry for the confusion in my statement earlier. 

Yes these are general percentage costs for the gasoline prices
(including taxes, distribution costs, refinery, etc). These are indeed
beyond the levels of the retail gas stations. However these does not
show on a per country basis but only on general ones. Particularly the
basis of the percentages will be the US market.

The example percentage will be: (Only for illustration)

Refining Cost - 6%
Distribution and Marketing - 25%
Taxes - 44%
Station Markup - 25%

Will this be enough as an answer including the list of countries
wherein gasoline is most expensive?

Thanks!

Clarification of Question by 6ra3-ga on 23 Jul 2005 05:30 PDT
Hi,

Would the cost percentage categories be limited to the US market or
would you also include them for the other four countries?

-Mao

Request for Question Clarification by easterangel-ga on 23 Jul 2005 05:57 PDT
Hi!

It would only be limited for the US market because again of the
different dynamics that goes on within different countries.

Will this be ok?

Clarification of Question by 6ra3-ga on 23 Jul 2005 11:02 PDT
Hi,

No it won't.  I want the difference between the cost of Oil till it
gets to the pump of the consumer to be clarified for the listed
countries, including the US and not limited to the US.

-Mao

Request for Question Clarification by easterangel-ga on 23 Jul 2005 15:19 PDT
Hi!

The top 5 countries (not including the US) in the list of the most
expensive gasoline countries are all from Europe. One report I read
says that that the main culprit here are taxes and if only their
government charges the same tax as the US gov't does, prices will more
or less be equal.

Would gas taxes in the top countries be enough based on the presumption above?

Thanks!

Clarification of Question by 6ra3-ga on 23 Jul 2005 15:40 PDT
Hi,

So you have only tax percentages impacting the cost of fuel for users
for the European countries?  How about other bits?  At least the cost
they pay for the raw material, crude Oil for example would then allow
for the assumption that other portions cost the difference between the
cost of the Oil on top of the tax.

Can you please sumarize what you'll deliver so I can anticipate if
it's going to be of use?

Do you have more than those number of countries since you don't have
the other details?

-Mao

Request for Question Clarification by easterangel-ga on 23 Jul 2005 16:01 PDT
Hi!

I got a list of 24 countries wherein their gas prices are higher
compared to the US. The top 5 countries are all from Europe. It is
generally believed though that the reason for this is that more than
70% of the price of gasoline in Europe is because of government tax.

I tried to find the details for the price components of gas in other
countries but can't find anything.

I hope another researcher will be able to find them.

Thanks!

Clarification of Question by 6ra3-ga on 23 Jul 2005 16:12 PDT
Hi Easterangel, 

If you would price the information you had found, what would you call
a fair number for it? :-)

-Mao

Request for Question Clarification by easterangel-ga on 23 Jul 2005 17:35 PDT
Hi 6ra3-ga!

I always believed in the idea of Google Answers that customers should
set the price themselves according to how they value the question. So
I think it should be your call on what price is appropriate. In the
spirit of this policy I will enumerate the things I found and then you
can adjust the price of this question according to how you will value
the answer.

My findings:

1.  24 countries who have much more expensive gas prices than the US.
The price will be in terms of US Dollar for Regular Gas/Gallon.
Including the statement that more than 70% of prices in European gas
products are because of taxes.

2. The price components of Gas for the US Market.

This all I found. If you are interested in this data you can just
adjust the price of this question.

Thanks again!

Request for Question Clarification by pafalafa-ga on 23 Jul 2005 17:53 PDT
Hey Mao,

Here's an interesting bit of information that may put a researcher on
track to a fuller answer of your question:


http://www.energy.gov.on.ca/index.cfm?fuseaction=oilandgas.faqs&subtopic=gaspricing#question_38


According to this comparative graph of International Gasoline Prices,
most of the higher price countries are pretty similar in costs --
about 46-47 cents per liter -- once taxes are factored out.

The notable exception is Japan, where base costs shoot up to 66.2 cents per liter. 

(Not shown on the graph is Italy, where base costs are also pretty
high, at about 54 cents per liter).


No discussion is given for the variation in base price in a few
countries, but it certainly is noteworthy how similar base prices are
in many places once taxes are factored out.

Hope that helps.

paf

Clarification of Question by 6ra3-ga on 24 Jul 2005 01:36 PDT
Hello easterangel,

Would you please also incorporate the information pafalafa thankfully
has directed us to into your answer?

I'd say the more you find about what taxes are doing to the base price
and the base price itself and perhaps the general idea of what
transportation and distance from the Oil source does to the base
price... we're pretty much better off than where I started at. :-)

If you work on summarizing the information that is now available, I'd
keep the number at the original amount and shall wait for your usual
high standard in summarizing things up for me. :-)

-Mao

Clarification of Question by 6ra3-ga on 24 Jul 2005 01:36 PDT
Thanks pafalafa for the info! :-)

-Mao

Request for Question Clarification by easterangel-ga on 24 Jul 2005 04:23 PDT
Hi Mao!

Still can't find the level of detail you really need. Anyway, maybe it
would be wise for you to wait as another researcher may have a better
idea on going about this. If we can't still get anything just tell me
if you would still like my earlier proposal.

Thanks!

Clarification of Question by 6ra3-ga on 24 Jul 2005 04:51 PDT
Sure easterangel.

-Mao
Answer  
Subject: Re: Fuel costs in the five most expensive regions in the world, including the US
Answered By: hummer-ga on 24 Jul 2005 11:21 PDT
Rated:5 out of 5 stars
 
Hi  6ra3,

1) "I would like to know how much does car fuel sells for on average
in the five most expensive regions in the world, include the US in the
list as the fifth"

Table 1 2005 Gasoline Retail Price Comparison (38 countries) (US$/Gallon)
 1. Netherlands Amsterdam  $6.48
 2. Norway Oslo  $6.27
 3. Italy Milan  $5.96
 4. Denmark Copenhagen  $5.93
27. USA  San Francisco  $2.31
Figure 2  Vehicle Fuel Retail Prices (taxes/wholesale)
http://www.vtpi.org/tdm/tdm17.htm

2) "the percentage of cost directly related to the raw material and
where is the rest going to, meaning taxation, refinement and transport
and so on."

Who Gets What From Imported Oil (2004) [Graphs]
Breakdown includes: 
   Tax 
   Industry (transport, insurance, etc) 
   Crude Job (cost of production + related expenses)
Countries:
   USA
   Canada
   Japan
   France
   Germany
   Italy
   UK
http://www.opec.org/library/Special%20Publications/pdf/2004.pdf

Costs to produce and sell a gallon of gasoline in the US
"One barrel of crude oil makes about 19½ gallons of gasoline, 9
gallons of fuel oil, 4 gallons of jet fuel, and 11 gallons of other
products, including lubricants, kerosene, asphalt, and petrochemical
feedstocks to make plastics. The ultimate cost of a gallon of gas at
the service station depends mostly on the price of crude oil, and most
of the profit after expenses goes to the owner-producers of the oil,
whether they are governments or oil producing companies. The following
table shows an approximate breakdown of the costs that go into a
gallon of gas in the US. Almost everywhere in the world outside the
US, people pay MUCH more for gasoline, largely because of much larger
government taxes, which amount to around $3 to $4 per gallon in many
European countries. In the categories "Production cost" and "Producer
profit" the values show a range from Saudi Arabian production to USA
production. Naturally, all the other values may vary some as well;
these are general estimates."
Expense	                     Amount
Production cost  15¢ to 60¢
Producer profit  53¢ to 8¢
Refining cost    13¢
Marketing cost    5¢
Transportation cost  15¢
Retailer cost         6¢
Refiner, marketer, transp. & retailer profit  10¢
US Taxes  19¢
Average state taxes  23¢
TOTAL  $1.59
See also:
Some Factors in the Spring 2004 high cost of gasoline in the US
http://www.gravmag.com/oil.html#dollar

 EUROPA > European Commission > Energy 
"This site permits makes it possible to follow: 
    * The price trends of the main petroleum products marketed on the
territory of the European Union. Trends are provided both including
all excise duties and tax, as well as excluding all excise duties and
tax. They are provided on a weekly and a monthly basis;
    * The evolution of the taxation (VAT and excise duties) applicable
to these products.
It also presents the monthly evolution in the cost of crude oil
supplies for each Member State of the EU. This includes the cost of
imported crude, the deliveries from another Member State and the crude
produced in the Member State concerned.
Published since 1979, the Oil Bulletin is designed to improve the
transparency of oil prices, from the point of view of strengthening of
the internal market, by providing users with precise information on
price and taxation trends in the various countries of the European
Union."
http://europa.eu.int/comm/energy/oil/bulletin/2005_en.htm


Additional Links of Interest

International Energy Agency 
http://omrpublic.iea.org/pricessearch.asp

International Petroleum Information 
http://www.eia.doe.gov/emeu/international/petroleu.html#GasolinePrices

U.S. Versus The World: How Do Gas Prices Compare?
http://www.nbc6.net/automotive/3318091/detail.html

A PRIMER ON GASOLINE PRICES
http://www.eia.doe.gov/pub/oil_gas/petroleum/analysis_publications/primer_on_gasoline_prices/html/petbro.html

Weekly U.S. Retail Gasoline Prices, Regular Grade
http://www.eia.doe.gov/oil_gas/petroleum/data_publications/wrgp/mogas_home_page.html

This Week in Petroleum
http://tonto.eia.doe.gov/oog/info/twip/twip_gasoline.html

Latest European Petrol Prices
http://www.aaroadwatch.ie/eupetrrices/default.asp

The Facts on Gasoline Pricing
http://www.caa.ca/gasprice/pricing.html

TERM 2002 21 EU ? Fuel prices and taxes
Table 2: Petrol and diesel prices per EU Member State, January 2002
http://themes.eea.eu.int/Sectors_and_activities/transport/indicators/cost/TERM21,2002/term_2002_21_eu.pdf

Petroleum
http://enc.slider.com/Enc/Petroleum#Pricing

I was happy to find this for you. I hope this satisfies your request,
if not, or if you have any questions, please post a clarification
request and wait for me to respond before closing/rating my answer.

Thank you,
hummer

Google Search Terms Used (spent most of my time following links from
one website to another):

gasoline prices breakdown comparison countries
petrol world price breakdown
world gas price components
world petroleum price components
automobile fuel price breakdown
petrol price breakdown
fuel prices taxation world
fuel prices worldwide
gasoline price comparison
6ra3-ga rated this answer:5 out of 5 stars
Thank you Hummer! :-)

-Mao

Comments  
Subject: Re: Fuel costs in the five most expensive regions in the world, including the US
From: myoarin-ga on 24 Jul 2005 04:41 PDT
 
NOTE:  The values on the Paf's link are in Canadian cents.  
In May 2005, they should be converted to US cent values by multiplying
by 0.8 approximately.
http://www.x-rates.com/d/USD/CAD/graph120.html
Subject: Re: Fuel costs in the five most expensive regions in the world, including the US
From: 6ra3-ga on 24 Jul 2005 04:51 PDT
 
Thanks myoarin! :-)

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