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Full Version: Possible "Shiawase Decision" type incident...
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hobgoblin
Sep 4 2005, 07:11 PM
QUOTE (blakkie @ Sep 2 2005, 05:33 PM)
QUOTE
hmm, that would make the us fuel more expensive then whats sold here in norway. and i dont know when it was like that before...


That was coming eventually anyway. Norway has steadily been climbing in crude production from offshore, and with the huge royalties the government collects from exported eventually that comes back as lower local taxes overall including fuel taxes. We see the same thing in Alberta where a Constitutional quirk gives the Province authority over oil&gas. The Provincial Government has zero longterm debt, about 10 billion CAN in a trust fund (total population less than 3 million), and is expected to have a budget surplus of 6-8 billion CAN for this year. It has resulted in the lowest overal fuel taxes in the country, lowest personal income, and business taxes. So low that even with the Canadian federal income tax included it rivals even the lowest of the US states.

err, looks like i screwed up the numbers on that one. forgot about looking up the conversion numbers for us gallons to metric liters.

looks like the pump price is still higher her in norway. but given the rest of your statement its a bit absurd, and the people have been complaining about it for decades now.

thing is that the current politics are more interested in nature and economy then people.

hell, we have a national oil fund thats about as much in the green as sweden is in the red nationaly. and still our goverment cant maintain proper police, medical or educational services wobble.gif

let me just say that its a very interesting nation to part of silly.gif
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