[MrB]

Lower taxes and energy costs help the economy but it takes a while for the full effects to come into fruition -

especially when the tax cut is “temporary”.

[Ben Ficklin]

To get the real picture, you have to measure the tax in two ways:

1. The actual tax
2. The tax as a percent of income

Norway has the highest gasoline tax in the world and the highest price of gasoline in the world.

But, Norway is a very wealthy nation and they all have very high wages/income so if you measure the cost of that highly tax gasoline as a percent of their income, they have some of the cheapest gasoline in the world

OTOH, Egypt has very low taxes on gasoline so the price of gasoline is one of the cheapest in the world.

But, Egypt is a very poor nation with very low wages/income so the price of gasoline as a percent of income is some of the highest in the world.

As the article points, nations with high gasoline taxes are less impacted when the price of oil rises or falls while nations with low gasoline taxes are more impacted.