$10.00 Gasoline ???

$10.00 Gasoline ???

www2.nysun.com

Get ready for another economic shock of major proportions — a virtual doubling of prices at the gas pump to as much as $10 a gallon.

That's the message from a couple of analytical energy industry trackers, both of whom, based on the surging oil prices, see considerably more pain at the pump than most drivers realize.

(visit the link for the full news article)

$9.04 in England

--------------------------------------------------------------------------------

This will shake you up ... I lived over in England back in the late 90's and I thought gas (or petrol as the English call it ) was high over there back then listen to this !!!

Right now unleaded is selling for 113 pence per liter their are 4 liters to a gallon so 10 gallons = 40 liters

40 liters will cost you 1.13 x 40 = 4.52 pounds

4.52 pounds at todays conversion rate to our dollar = $9.04

The English are paying the equivalent of $9.04 a gallon right now !!!


And you think $10.00 is too much ???


www2.nysun.com
(visit the link for the full news article)

This is not a fair comparison. Yes, $9.00/gallon is what an American Tourist would feel at the UK pump, but this is simply due to the low Dollar.

$9.00 per gallon is NOT what the UK worker economically FEELS he is paying.

A comparison of average wage Pound vs Dollar along with cost of living and discretionary income would have to be applied to make a fair comparison.

reply to post by hal4511


Hello hal,

Hey- just wanted to let you know, this has already been posted, and
currently being discussed HERE .



[edit on 4/30/2008 by FRIGHTENER]

Hello...

Yes please add to existing discussion found Here.

Thanks

Thread Closed.