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Worldwide prices for gasoline

Silverton Oregon today regular is $2.97 a gal.

The wife drives 84 miles a day commuting getting 32-35mpg 97 Saturn SC-2 She likely adds 200 miles a week with other driving to this.

The 8 months out of the year I work I drive a 35 mile rd trip getting 18-20mpg 98 Dodge Dakota pickup in the off season a tank of fuel say 18 gal will last me 3+ weeks.

When I get to work I drive a 91 KW 105,500GVW Dump truck and PUP trailer that when loaded gets approx. 4mpg when empty 5mpg an average day at work paving I will run 200-300 miles.
 
I think they said on the news this evening that oil broke $100 a barrel for the first time today.

One thing to keep in mind regarding the price of oil is that the value is measured in American dollars... which have seen a precipitous drop recently. The less the US dollar is worth = the more of them you need for oil. So it makes it difficult to see what has really happened to the price of oil.

Apparently, prices right now are roughly equivalent to the prices in 1980, after adjusting for inflation.

Doesn't mean it doesn't hurt. Regular gas here is about 4.13 a gallon, last time I filled up. I briefly saw it at about $1.30 in the 90s. That would be very nice.
 
One thing to keep in mind regarding the price of oil is that the value is measured in American dollars... which have seen a precipitous drop recently. The less the US dollar is worth = the more of them you need for oil. So it makes it difficult to see what has really happened to the price of oil.

Apparently, prices right now are roughly equivalent to the prices in 1980, after adjusting for inflation.

Doesn't mean it doesn't hurt. Regular gas here is about 4.13 a gallon, last time I filled up. I briefly saw it at about $1.30 in the 90s. That would be very nice.


What you say is true, but the rise in the price of oil is caused by far more than the declining dollar, moreover the % rise in oil prices in the last few years is more than the avg % decline in the dollar vis a vis major currencies.

But the main point is, for most people, gas is going up way faster than their wages, taking a larger chunk of their income. As is food.
 
My second-job is at a Sinclair gas-station; and last nite WHOOEEE!
EVERY other station in town jumped to around $3.10, while MINE (lucky me), stayed at $2.89.

That is, until we ran out and I had to bag off the pumps.

Super-Unleaded, I might add. One guy brought all three of his families vehicles (one being a truck w/dual tanks) and spent $240 in fuel!!!

Crazy.

Matt
 
Have to report that today petrol prices have reached an alltime high here in the Netherlands EUR 1.555 for a litre which equals US 2.33 a litre or USD 8.819 a gallon.
When you take a closer look at the fuelprices here in the Netherlands you'll soon find out that for petrol 65.3% of the price at the fuelstation consists of ..... government taxes
 
So without all the taxes your gas wouldn't be a different prices than in the US.

Here one pays 18.4 cents per gallon Federal Taxes and then the Individual states add anywhere from 8 to 33 cents per gallon on top of the Federal Tax. Then of course the Counties, Cities and municipalities can also levy a tax on top of that.

Here in Minnesota at $2.85 a Gallon, $.184 goes to the Federal Government and $.20 goes to the State of Minnesota. So that makes a combined tax rate of 13.5% :scratch2:
 
So without all the taxes your gas wouldn't be a different prices than in the US.

Here one pays 18.4 cents per gallon Federal Taxes and then the Individual states add anywhere from 8 to 33 cents per gallon on top of the Federal Tax. Then of course the Counties, Cities and municipalities can also levy a tax on top of that.

Here in Minnesota at $2.85 a Gallon, $.184 goes to the Federal Government and $.20 goes to the State of Minnesota. So that makes a combined tax rate of 13.5% :scratch2:

Not quite. Without taxes in Minnesota, your gas would be $2.465, without taxes in the Netherlands, gas would be $3.09. Or more than 25% more expensive over there.

If anyone's counting.
 
Rome, Italy $5.80[/I]


I was in Italy last week.

It worked out to $8.25/gallon!

Lots of these on the side roads, 125cc if fury -

IMG_3977.jpg
 
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