Good morning! It’s a lovely sunny day here in Berkshire and I’m clicking through the RSS feeds of CNN and BBC for a dose of the news.
I see that the price of gas in the US has fallen by a fair chunk of change. I quote CNN:
“…gasoline prices fell more than 6 cents per gallon in the past two weeks, according to a survey of about 7,000 gas stations nationwide. The Lundberg Survey’s average nationwide price of a gallon of self-serve regular fell 6.4 cents per gallon, to $2.15 per gallon…”
Hey good for you, USA! But let me open your eyes to what you’re missing over here 😉 :
You’re now paying $2.15 (USD national average) for a gallon of gasoline.
The UK is paying approximately 85p (GBP) per liter of gasoline.
Let’s do math…
There are 3.7854118 liters per 1 US gallon.
1 liter of gas here @ .85 GBP (average) x 3.7854118 to give a total UK price per US gallon = ¬£3.2176
As of last Friday, the US Dollar to GB Pound was $1 = ¬£.548
In USD, ¬£3.2176 = $5.871
Americans would be paying, if here in the UK at current exchange rates, $5.871 per gallon.
That’s what we pay right now and have for as long as I’ve been over here.
Be grateful, America. It could be a lot worse. Oh- and if you’re planning a vacation here and intend to rent a car… erm… better use this model as a budget factor. Don’t say I didn’t warn you! 🙂