Comments | bobquasit: $5/gallon

bobquasit

$5/gallon

Sep 01, 2005 08:38

A few months ago I read a prediction that the price of gas in the US would reach $5 per gallon by October. Looks like it got there a month early; $5/gallon gas has been reported in a number of states in the last day or so ( Read more... )

economics, sebastian, economy, money, politics, angst, humor, rant

Comments 3

Count your blessings anonymous September 5 2005, 18:47:33 UTC

You think gas is expensive there? Here in Finland we just hit today 1,50 euro per liter. Since one euro is $1,25 and liter is 0,264 gallons, which means a gallon of gas costs about $7,10. Two thirds of that is taxes and our prime minister said there is no acute need to reduce them. You still have some catching up to do.

Re: Count your blessings bobquasit September 6 2005, 01:30:27 UTC

Oh, I'm quite aware that the price of gas in the US has always been kept artificially low compared to the rest of the world. But I think that's more than counterbalanced by the unnaturally high prices we pay for health care and health insurance. Not to mention daycare; I believe that you get good quality daycare for young children in Finland? And I'm pretty sure the same applies to Europe ( ... )

Land of no Bush anonymous September 7 2005, 10:20:42 UTC

Ok. You convinced me. Maybe you should move here then ( ... )