From the NYTimes on Thursday ( I converted them from cents per liter to $ per US Gallon)
Iraq = $0.08 per US gallon
Iran = $0.47 " " "
Kuwait = $0.93 " " "
Saudi Arabia = $0.93 " " "(corrected by jr 8/14/05)
Syria = $1.59 " " "
Yemen = $2.33 " " "
In the '50's they said it cost the Saudies about 25 cents to get a barrel of oil out of the ground.
I am sure someone could load up a tanker with several millions of gallons of gas from Iraq ship it to New Jersey and sell it for say$1.50 a gallon and make lots of profit.
But, of course they ARE doing it ,the oil companies are buying at the low cheap Iraq/Iran/ price, shipping it to the USA etc. and charging $2.40 +++ per gal for it today. mad
Water will take the place of oil in the not to distance future. Already people are willing to pay more for a gallon of water (bottled) than they do for a gallon of gasoline.
Quote from Christian Science Monitot.
How can a nonrenewable product that must be refined from its crude form, and often shipped on ocean tankers for more than two weeks, cost less than a renewable resource that comes in similar form out of the kitchen faucet?
Speaking of which - how's the price rise been in Canada?
Similar increases. My local gas station was $1.03/Litre ($3.22US/Gal) for regular.
Instead of spending $30/month I shall have to payout $34, Still very cheap.
For what is is and how it is refined and shipped to reach your gas tank and allowing for inflation , gasoline is still a fairly cheap product .
For a true comparison, though, you really need to know what else a dollar buys in those places. How much does a loaf of localy baked bread cost in each? A pound of rice?
Paid $2.49 last time in put petrol in the car lol
Paid $2.49 last time in put petrol in the car lol
:???: why is that funny?
Paid $2.49 last time in put petrol in the car lol
:???: why is that funny?
I was thinking the same thing. I would've said "col" :cry: not "lol" .
Only $2,49, cheapest here $2.74. mad sad
Our local pumps went close to $2.70 today for the first time.
Here the average is about $2.35. It is hard for me to think myself lucky when a fill up costs about $50, but I guess I should be grateful that I don't live near you, Annie.
what would happen, if for some weird reason or other, prices matched those in mainland Europe, what would you think would be the US reaction to paying $6.40 or so a gallon (imperial gallon is bigger than the US one).
Would public transport start growing, would we see smart cars everywhere, I am assuming truck sales wold go into the toilet...except for those who could afford it.
If people in LA who are paying $2.90 for regular think it is robbery now, what would they think if it was doubled?
What would we be paying for groceries that would then cost 3 times as much to get across the country? Since the price went up from about $1.60 maybe 5 years ago, I have noticed that the heavier goods like milk, cans, etc cost much more - you're lucky to get a gallon of milk for under $2.30 around here, I remember being upset at paying $1.80. Other goods have stayed relatively balanced in price.
As much as us Brits like public transport, I don't think it will ever take on in the US. Not outside the major cities. I live in one of 3 or 4 smaller cities which are reliant on a larger city 40 miles away for most of our TV networks, major stores, full range of jobs, etc...
All these cities would benefit from a public transport system interconnecting them but they will never do it.