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6/17/06

The Arizona Republic: Gas at $3 a gallon a pipe dream in Europe - by Susan Reigler

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Gas at $3 a gallon a pipe dream in Europe - by Susan Reigler

With a trip to the gas pump in the US costing close to $3 per gallon, many drivers' wallets are thinning. To put things in perspective, there are millions of car owners in other parts of the globe who would be thrilled to pay $3 per gallon. That's an important consideration for Americans budgeting trips overseas, especially those accustomed to renting cars in the United Kingdom, France, Spain, Italy and other countries.

Gas prices in Europe are roughly twice what they are in the United States. This is largely a result of higher fuel taxes, a great portion of which goes toward public transportation infrastructure and road maintenance.

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