Sunday, 16 November 2008

Finally

Apologies for the poor quality of the picture but Lou Minatti has been annoying me recently by blogging about the gas prices in his area. Only kidding of course, Lou, but I wish you would stop! Finally, however, the price of gasoline dropped through the $3 barrier here. Wahey! I suspect we're now only paying about twice as much as Lou does...

I do apologise to any European readers though, $3 a gallon must sound as if gas (petrol) is almost being given away.

4 comments:

Keera Ann Fox said...

Norway has the most expensive gas (petrol) in Europe. It is also the cheapest in Europe in terms of percentage of average wage. So yes, $3/gallon is expensive in a country where the average wage is half what it is in Norway. At the current exchange rate, our price works out to c. $5.40/gallon. In actual purchasing power, it's more like $3,70/gallon.

Keera Ann Fox said...

And could somebody please translate that last decimal point from European to American? Thanks!

Tom said...

I'm used to dealing with those differences between Europeans and Americans, so knew what you meant!

Actually, I'm a little surprised by the numbers you give, not long ago I worked out that using UK prices a gallon would be $7 to $8 here, but I think the US dollar is gaining strength so perhaps that explains the difference.

On the Big Island it's been a big problem for many people. There's essentially no public transport and much of the population live in rural areas where a large pickup truck is almost essential, so the cost of gas has really hit people hard here - especially since the cost of living is so high in Hawaii and the average wage is below the US average.

Protege said...

Actually, here the litre costs about $1.6, so it as about twice what you pay.;)
The prices of gasoline have plummeted recently and are the lowest in Denmark since 2 years.:)