Gas prices

Every day as I sit down to watch the news, I feel as if I am experiencing déjà vu when I hear the same story day after day: Gas prices have gone up again. We are breaking new records for gas prices every day and it is absolutely ridiculous. Every time I fill up, I am thankful that my car gets good gas mileage and i can literally go for a month without getting gas. However, I can't help but wish that there will be another fuel solution. Will we soon turn to bio-deisle? Will more and more hybrid cars be coming out that are affordable to the public. Will hydrogen be the fuel of the future? There has to be some alternative to the prices that are being thrown at us.

Although prices in the United states are high, i did a little research and found that European countries are actually paying a lot more than us.

"The Dutch have the dubious distinction of paying the most to fill 'er up, according to the U.S. Deptatment of Energy. As of April 10, drivers in the Netherlands were paying the equivalent of about $6.73 a gallon at the pump. The gas itself cost $2.61; the rest — $4.12 — represented tax. That’s a 158 percent tax. By comparison, the U.S. has the lowest tax on gasoline of any industrialized country: about 15 percent at current prices. Elsewhere in the industrialized world, the actual cost of gasoline ranges from $2.15 a gallon (France) to $2.61 in the Netherlands. But the after-tax price is $5.80 in France and over $6 a gallon in most other major European countries. Japanese drivers get off relatively easy: taxes there only push pump prices to about $4.50 a gallon."

This makes me feel a little better about our prices, but as I read on I see that some countries pay between 12 and 40 CENTS per gallon.
"The cheapest places to top off, not surprisingly, are in countries that produce the most oil. In Iraq, until recently, pump prices were capped at 10 cents a gallon. Prices have recently risen to nearly 40 cents a gallon — still a bargain compared to the U.S. Iran also keeps pump prices low — less than 35 cents a gallon, according to a recent Reuters survey.

I don't know what will come to us in the future, but I can only hope that we don't end up paying drastically more than we are now. It would be a miracle to go back to paying less than a dollar for a gallon of gas.

Here's the whole story:
http://www.msnbc.msn.com/id/12452503/