Sunday, June 8, 2008

How does our average gas or petrol prices compared to other parts of the world?

My brother-in-law, John, read this blog and gave me some enlightment that the U.S. gas prices are not really that bad as an average of $4.00/gallon. There are other parts of the world that can be almost to $6.00/gallon as you convert to US dollars/gallon.
He and my sister, Lisa, have been living in Hong Kong for about 6 months as they do their work there temporarily. Well Hong Kong is the second highest in gas prices across the world!
See this link in comparison:
http://money.cnn.com/pf/features/lists/global_gasprices/price.html
United Kingdom and European countries are much higher than the U.S.

It wouldn't be bad paying $0.14/gallon in venezuela! But the economy and poverty wouldn't afford it either.

It makes you think that higher gas or petrol prices across the world will force alternative fuel use.

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2 comments:

csamuel.org said...

Hi Todd,

That table from CNN looks like it's showing petrol prices from 2006, if you click on the city heading for instance you'll see the effective dates are all in that year!

Here in Australia it's heading for AUD$1.60 a litre, so that's about USD$5.70 per US gallon.

cheers,
Chris

Anonymous said...

What's a gallon? I've travelled in about 30 countries and never seen anyone use it, is it some kind of internal measurement to oil?