Loving Norwegian Petrol Prizes

I use unleaded 95-petrol on my Toyota RAV4 Vanguard. I use lots of petrol per km compared to other cars like Toyota Prius. The petrol prizes in Norway are therefor of concern. Last week we visited Stockholm and bought petrol from Statoil stations there as we do here in Norway. The prizes in Norway are ab 22% higher than we paid in our neighbor country Sweden.
Why?????

Norway is a oil-exporting country. Norway has billions of NOK from the oil industry placed in The Gowernment Pension Fund in countries and companies all over the world. In a parliamentary White Paper in April 2011 the Norwegian Ministry of Finance forecasted that the 2030 value of the fund would be NOK 7,400 billion ($1263 bn). A worst case scenario for the fund value in 2030 was forecasted at NOK 2,667 billion ($455 bn) and a best case scenario at NOK 19,556 billion ($3,337 bn). A lot of money!

But petrol prizes have nothing to do with this, or have it?

At least this documentation of NOK per liter in 2010 figures can give you an idea of how the Norwegian petrol prize is build up (source: Norwegian Petrol Institute):

International product cost = 3,38
Gross profit oil companies and petrol stations = 1,37
Petrol tax to the state = 4,54
CO2 tax to the state = 0,86
VAT to the state = 2,54
SUM = 12,69

State tax about  63 %

Although we are facing a local municipality election in September, and petrol prizing is part of the government responsibility,  your participation and  decision can have long term consequences.