Saturday, November 29, 2008

Cheap Gas? In Your Dreams


While gasoline prices have dropped like a stone across the USA, spare a thought for folks abroad, where gasoline is NOT subsidized as it is in the States. This picture shows my gas total for a fill up earlier this week: 55.01 Euros for 45.88 liters, at a price of 1.199 a liter. "Wow! Only 1.19 a liter," you say. Well, let me do the conversions for you:

45.88 liters = 12.12 gallons
55.01 Euros = $69.78

That works out to $5.76 a gallon. And the price has dropped from earlier this year as well. Now you know why Europeans drive such tiny cars like the Mini and Smart car.

2 comments:

Anonymous said...

$1.699/gal at Costco on Saturday, Dec 6. That's the same price we were all paying when "Sideways" came out in '04.

Anonymous said...

Alex: Thanks for the comment! You're killing me with these cheap gas quotes though. Anyways, dropping fuel prices are happening here, albeit at a much slower pace. Sunday's fill-up worked out to about $5.60/gallon. Mileage on the car averages over 28 mpg, thank the stars.