Hi, Just been reading on line that the price of gas in the US is about 48p a litre - here in the UK the price is about 117p (£1.17) a litre! Current exchange rate is at £1 = $1.55 so that makes a litre in the UK $1.81. Hope that's right! No wonder people over here ask the owners of classic American cars "how many miles do you get for a gallon?" Thought someone might be interested!
That's because we're not measuring performance by how little CO2 we put into the atmosphere. Americans are looking for monetary value versus performance rather than cleanliness versus performance.
All of my cars suck down gas like it is 1969. I swipe my card at the pump and try not to think about it. Its the smiles per gallon that really count.
If I paid attention to the price of gas and my MPG..... I'd never drive again! But I will say this though,, Took my 460 Ford RV to work yesterday, put $20 gas in the one tank that was on "E", was a bit heavy on the gas peddle but enjoyed the fact I could not just climb hills on the HYW but pass slower traffic with ease while clearly not over working the engine at 60mph, was 1 hour driving time round trip, gas gage was rite back to where it was when I started so I'd say it's gona cost me $20 a hour to use the beast! Still have one gas tank full...... not really looking forward to the day I'll be filling up both tanks full but to have the power to get there and back I have no problem with the cost
You are correct. At current exchange rates, if you're paying 1.55 pounds per liter of petrol, that's U.S. $1.81/liter. 1 liter = 0.264 U.S. gallons. So $1.81/liter x 1 liter/0.264 gallons = $6.86/U.S. gallon. That's awful! Where I live, we're paying around $2.70 per gallon. The price had fallen earlier this year to about $1.60 per gallon from the mid-$3.00 range where it had been for several years. I'm not surprised the price has corrected itself some, and $2.60 per gallon is still a nice bit lower than the $3.50-ish per gallon we had been paying.
So $1.81/liter x 1 liter/0.264 gallons = $6.86/U.S. gallon. OMG!:banghead3: So $2.62 a gallon here in Florida is not a bad deal! 24.9 cents still sounds better!
It's not a bad deal compared to England or Europe in general. It's not a bad deal compared to what we had been paying over the last several years. $2.60 in 2015 is equivalent to about 60 cents in 1975, which is about what we were paying for gas back then. So $2.60 isn't a bad deal historically-speaking, either. We have the shale oil/fracking boom to thank for this. I've read that the U.S. is producing more oil from domestic sources than at any time since the previous peak in production in the early 1970s, when oil was being extracted by much more conventional techniques.
UK std unleaded "95"octane = is what they call 90/91 octane in the USA. You have to compare the price of our premium gas. Also, are they adding 10% ethanol to UK gas?
OK, fine. Premium here is going for about 30 cents more than regular, so that makes it $2.90 to $3.00. Still historic lows, and still a far cry from almost $7.00 in Europe.
Here in NW Florida it's also around $3.00 for pemium. But the part about comparing today's costs with 1975 or before does not work with me. Back then I was working 60 hours a week and making good money. Now on retirement and SSI I am just above what those people who never worked and get freebees make. I'd eat biscuits-n-gravey and coffee at Hardee's for $1.02. Now the same thing is over $4.00 at my very low pension. So I can't compare apples and oranges because I only get a small sack compared to a bushel back then! Whe I retired regular 100% gas was $0.99 and cheaper in the south.
Look at the cost of gasoline in 1970, 1982, 1999 and today. 1970 = $0.31/gallon --- $1.91 in 2014 US Dollars 1982 = $1.55/gallon --- $3.83 in 2014 USD 1999 = $1.05/gallon --- $1.43 in 2014 USD 2014 = $2.90/gallon --- Not all that different from the past, when accounting for wages and inflation, is it???
Not all that different from the past, when accounting for wages and inflation, is it??? Still when wages are less than 25% after retirement and inflation continues to rise it's not always the same. I live in the real world where I see everything has risen at leat four times what it was when I retired and my income has gone down 25% or more. I was told long ago to put some away for a rainy day. They didn't tell me it would rain every day after retiring! To make up for it we go less, do less, and eat less. We eat Spam while those who never work eat lobster and steak. It's the American way!
