Wednesday, September 07, 2005

Procrastination

After hearing complaints of high petrol prices both here and in the US, and that a repeat of the 2000 fuel protests is possible, it started me thinking.

Apparently in the US a gallon now costs $3 and one gallon is approx 3.78 litres. If my calculations are correct then that is 79 cents per litre and by todays exchange rate that is 43 pence per litre! Even 10 years ago in the UK petrol cost more than 43p per litre. I'd happily pay $3 per gallon. And surely it's not all down to Katrina, it has cost more than twice that for a long time!

No comments: