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Outrageous U.S. Gas Prices

Friday, November 11, 2005, 19:53 EST Leave a comment Go to comments

Gas prices are high. Even after coming down from post-Katrina highs of up to $3.50 per gallon, there is no question we’re paying much more than we were just a couple years ago. Thanks to a web site that reports low gas prices in my area, I’ll be filling up after work today at the “bargain” price of $2.239 per gallon.

Is it the fault of the Bush Administration? If you’re a Democratic politician, the obvious answer is yes. Thanks to George W. Bush’s failed energy policies and the profiteering of his Big Oil buddies, we’re paying through the nose.

It stands to reason, then, that other countries have very reasonable gas prices, right? Let’s take a look, based on gas prices and currency exchange rates I found online within the last hour:

Canada

According to GasTips.com, the lowest current gasoline price in the vicinity of Toronto/Hamilton, Ontario, is $0.841 per liter. Using the conversion ratio of for liters to US liquid gallons, we see that Canadians in the Toronto/Hamilton area are currently paying

$0.841
———-
1 liter
x 3.7854118 liter
———-
1 gallon
= $3.18
———-
1 gallon

But wait, you may be saying, that’s in Canadian dollars. If you convert to U.S. currency, the price will be lower. And you would be right. Applying today’s exchange rate to the calculation, we see that the price in U.S. dollars is

CA$0.841
———-
1 liter
x 3.7854118 liter
———-
1 gallon
x US$1.00
———-
CA$1.19021
= US$2.67
———-
1 gallon

United Kingdom

According to Petrol Prices, the average price of gasoline in the UK on November 9 was £0.90 per liter. Again, using the conversion ratio for liters to US liquid gallons and today’s currency exchange rate, we see that drivers in the U.K. are currently paying

£0.90
———-
1 liter
x 3.7854118 liter
———-
1 gallon
x US$1.00
———-
£0.574989
= US$5.93
———-
1 gallon

Australia

According to Motor Mouth, the lowest published gasoline price in Sydney is $1.189 per liter. The conversion shows us that consumers in Sydney are paying

AU$1.189
———-
1 liter
x 3.7854118 liter
———-
1 gallon
x US$1.00
———-
AU$1.36548
= US$3.30
———-
1 gallon

Europe

According to AA Roadwatch, the current gasoline price in Spain is €1.06 per liter, in France is €1.29, in Italy €1.33, in Germany €1.35, and in the Netherlands €1.43. Using the current exchange rate of $1.00 (US) to €0.854225 (Euros), we see what that Europeans are paying:

the Spanish
the French
the Italians
the Germans
the Dutch
US$4.70 per gallon
US$5.72 per gallon
US$5.89 per gallon
US$5.98 per gallon
US$6.34 per gallon

Just as a reminder, that’s compared to the $2.239 per gallon that I will be paying this evening.

Who is responsible for the prices I’m paying? According to Democrats, it’s President Bush. If Bush is indeed responsible for American consumers paying less than half of what our European counterparts are paying, and even a few cents less than our Canadian neighbors… I’d say he deserves credit, not blame.

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  1. Saturday, November 12, 2005, 18:07 EST at 18:07

    check this out Den M.www.saveagallon.com

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