Hi ElanC:

___A few items … The price on the MERC includes all the refined gasoline Europe ships to the US because they cannot consume it themselves due to the high % of diesels on their highways and byways. The spot is what the average price pre-tax is to the gas station/retailer as also posted above.

___As for $7.00 per, it was not only posted here although I cannot find it at the moment, it has been posted all over the net! I just gave you links to 2 individuals residing in Europe who say they were paying $6.30 and $6.90 in Germany/Austria just 6 weeks ago respectively. 6 + weeks ago I was paying $2.79. What more do you want? As stated previously, the $4.00 - $6.00 in taxes on a gallon of gasoline/diesel the European’s pay is real. What you think is and or isn’t appears to be quite different then those that have to fill up in London proper from the Euro Gas price page you linked earlier. The best I have heard in the states was somewhere in OK. at $1.85 but I am paying $2.09 as of 3 days ago myself

___Good Luck

___Wayne R. Gerdes