|
OPEC: Did you know that...? |
|
Friday, 02 July 2010 |
-
 For every litre of petrol/gasoline sold, G7 countries make more money in taxes than OPEC Member Countries do from actual sale of oil. (see graph below)
-
In the UK, about 64% of the pump price is government taxes
-
Between 2003 and 2007 the 7 member countries of the G7 (Canada, France, Germany, Italy, Japan, the UK and the USA) made an average of US $517b annually in Government taxes, while the thirteen members of OPEC (Algeria, Angola, Ecuador, Indonesia, Islamic Republic of Iran, Iraq, Kuwait, Libya Nigeria, Qatar, Saudi Arabia, UEA and Venezuela) made and average of US $ 505b
|
|
Last Updated ( Friday, 02 July 2010 )
|