Low Gas Prices in Rockford?
July 23rd, 2008 at 12:35pm Bob Trojan
Think gas prices are high here? Check them out in the U.K.
http://www.guardian.co.uk/money/2008/jul/12/motoring.consumeraffairs
The latest prices in Leicester, England are 118.9 pence/litre. That’s 1.189 British pounds per litre.
There are .26 U.S. gallons in one litre or 3.8 litres in one U.S. gallon.
The current exchange rate is 1 British pound equals $1.99.
So 1.189 times 3.8 times $1.99 equals $9.14 per gallon. Blimey!
Makes our prices look pretty good, don’t you think?
Cheerio, mates!!
Entry Filed under: Economy
3 Comments Add your own
1. cliff steele | July 23rd, 2008 at 1:56 pm
MOVE TO SOMERSET KY…A GAL TODAY IS $3.93..AND YOU GET ANOTHER 3 CENTS WITH A KROGER CARD. THE TAXES ALSO ARRIVED FOR MY HOME THE OTHER DAY…$502..FOR THE FULL YEAR. A NEW 3 BD RM RANCH…I WAS ALSO TAXED $1.08..(ONE DOLLAR EIGHT CENTS) FOR OUR BOAT TRAILER….JUST THREE MORE REASONS WHY SANDY AND I DEPARTED FROM ILLINOIS.
CLIFF STEELE..formaly 865 Donelda lane Park-er-woods sub on the great west side
2. Thomas V. Bona | July 23rd, 2008 at 2:41 pm
It’s all relative. We’ve built our economy and way of life on gas prices below $4 a gallon (heck, below $3 a gallon) while the UK has built its economy around higher gas prices.
It doesn’t tell the whole story to simply compare prices, it’s the sudden increase that’s the story.
But you’re right in that the U.S. is moving closer to what most of the world experiences, so it puts it in some perspective.
3. Bob Trojan | July 23rd, 2008 at 4:30 pm
Yes, they have all lived with higher gas (petro) prices than we have for a long time. Must be the taxes that support more social costs.
Funny thing is, they’ve developed other transportation means than cars, like trains and bikes.
Another funny thing is that Ford announced yesterday that they are retooling three truck plants in the U.S. to bring in cars designed and presumably operating, from Europe. Do you suppose they are also more fuel efficient than those designed and operated here in the US?
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