It seems that with summer around the corner OPEC is finding any excuse to drive up the price of oil. Some excuses for higher oil prices recently have been due to, the big oil spill in the gulf of Mexico and middle-east crisis. Just how does this affect supply and demand exactly? It seems like OPEC is just an agency designed as a front to justify high oil prices when nobody will challenge it. It seems not one single government has challenged this and it makes you wonder if politicians are getting a special cut of greasy oily money.
So what are your gas prices around the world? They will depend and vary on the tax rate. Canada and the United States share relatively lower gas prices than compared to Europe where higher prices are attributed to higher taxes. In the middle east people drive naturally like race car drivers and chug gas almost as much as Lindsay Lohan chugs booze.