Buenos Aires, Argentina: USD 0.95/liter = USD 3.60/gallon



And then we get this news today: Americans have done a great job of not using so much gasoline. They've cut back trips, canceled vacations and traded Hummers for Priuses. As a consequence, gasoline tax totals are down. Down so much that our needy federal government is coming up short and wants to raise the gas tax by 10 cents a gallon and diesel 12 cents a gallon (the fuel of commerce and misers like myself).
Any day now we'll get a story about how many Americans have quit cigarettes for the New Year. Isn't that great! They told us to quit and by golly thousands did just that. But ... tobacco taxes are not providing sufficient revenue for a government in great need of cash. So tobacco taxes will have to go up $1 per pack and then government types will scan the landscape for where those sneaky smokers have gone -- so they can hit 'em with a new tax.