Gas tax expires and prices drop in Japan

[cnredd]

Gas tax expires and prices drop in Japan

TOKYO, April 2 (UPI) -- The price of gasoline in Japan dropped markedly Tuesday as a gasoline tax expired overnight, Japan's Oil Information Center reported.

The country's average gasoline price dropped 11 cents per liter -- roughly 41 cents per gallon -- with removal of a 25-cent-per-liter tax.

Gas prices in Japan exceeded $1.50 per liter or roughly $5.64 per gallon in January.

Retailers were dropping prices, although some still have inventories on hand that are subject to the tax, Kyodo reported.

The Hokkaido region on northern Japan saw gas prices drop by 19 cents per liter, the equivalent of 71 cents per gallon.

Diesel fuel prices also dropped. The tax, which expired amidst a political debate on the country's budget, helps fund road and highway projects.

Ummmm...

Is anyone in America listening?!?!?!?!?!

[saltwn]

Gas prices around the world:



London $5.96



India $3.71


Mexico City $2.22

Kuwait $0.78

Caracas, Venezuela $0.12

Tokyo, Japan $5.25




Arkansas Who cares? We ain't goin' no where.

[Kizzume]

And remember, in those countries it's measured by LITRES, not gallons.

[saltwn]

1 US gallon = 3.78541178 liters
1 US dollar = 50 cents British pound
one Euro = 1.56800 U.S. dollars
so in the country where it's 12 cents, I'd still take their price over ours.
But it probably does work out the same relatively.

[saltwn]

Wages and gasoline prices as well as consumer goods need to be more balanced. We are becoming a slave/debtor/welfare nation.
But now that the gas prices have remained high with the cost of food going up, people are suffering. This past month we saw the most meals served at a local rescue mission for a non holiday month in the history of the mission. And the workers said most of the people were women and children. People who work and are not homeless, but can't seem to make ends meet.