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Look at regulation and taxation for the answer.

I would not be surprised to learn that oil producing countries have reduced production as a means for achieving greater profit; it’s the cost of doing business in a world that maintains a high demand for petroleum products. On the other hand, while people generally, and Americans in particular are complaining about the cost of gasoline at the pump, there has been no significant decline in the sale of gas guzzling automobiles, which include not only the SUVs, but also the high dollar luxury cars. Still, according to the information (above) provided by the Department of Energy, Americans are paying a fraction of the price for gasoline than people living in Western Europe. But if the price for a barrel of sweet oil is relatively constant, at say $65.00, why does gas cost significantly more in Europe than it does in the United States?

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