I think they said on the news this evening that oil broke $100 a barrel for the first time today.
One thing to keep in mind regarding the price of oil is that the value is measured in American dollars... which have seen a precipitous drop recently. The less the US dollar is worth = the more of them you need for oil. So it makes it difficult to see what has really happened to the price of oil.
Apparently, prices right now are roughly equivalent to the prices in 1980, after adjusting for inflation.
Doesn't mean it doesn't hurt. Regular gas here is about 4.13 a gallon, last time I filled up. I briefly saw it at about $1.30 in the 90s. That would be very nice.
So without all the taxes your gas wouldn't be a different prices than in the US.
Here one pays 18.4 cents per gallon Federal Taxes and then the Individual states add anywhere from 8 to 33 cents per gallon on top of the Federal Tax. Then of course the Counties, Cities and municipalities can also levy a tax on top of that.
Here in Minnesota at $2.85 a Gallon, $.184 goes to the Federal Government and $.20 goes to the State of Minnesota. So that makes a combined tax rate of 13.5% :scratch2:

Rome, Italy $5.80[/I]