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17/03/2022 4:02 am
OK, I'll admit it. I'm a numbers guy. That's what I did for a living and it's something that's carried over into my non-work life. For example, every time (I mean EVERY time) I fill up at a gas station I write down the miles traveled, calculate the average mpg, and if available, the average mph for that trip. My station of choice is Costco since it's only a couple of miles from the house and the savings are at least 50 cents a gallon over the neighborhood stations if you don't mind waiting in line. Oh, and I save the receipts, don't ask me why, it's just something I do, can't explain it. Anyway, as I was organizing my gas receipts of one of my daily drivers (yes, ORGANIZING *sigh*) I decided to make a chart showing what has happened to the cost of gasoline since October 25, 2020. As you can see, it has more than doubled in the last 17 months. For example, my truck has a 33-gallon fuel tank. In October 2020 I could fill it for $88 and as of yesterday, March 16, 2022, it costs $177. Filling up at the neighborhood Chevron station would be $208 at $6.29/gallon for regular grade. Anyway, I just thought I'd share my observation with you guys.
17/03/2022 8:25 am
Yep, we in Cali sure are takin it in the shorts.
17/03/2022 8:49 am
Everywhere is getting hammered due to bad policies of the current administration driving the price of everything up. Diesel fuel is up to $5 dollars a gallon in Florida, gas is in the $4.30's a gallon area.
I have a Ram 1500 ecodiesel that has a lifetime fuel economy average of 28 MPG since I bought it new, I have tracked every full up with the Fuelly App. My wife has a Honda Civic she gets around 34 MPG.
17/03/2022 10:06 am
It is amazing what a wrong group of politicians can do to our economy.
17/03/2022 11:18 am
By way of comparison . . . some more maths
As we speak, the pump price for petrol (gas) in London is averaging around £1.65 per litre. Multiplying by 4.546 litres per gallon gives £7.50 per UK gallon. At the current sterling-to-dollar exchange of 1.30 that is $9.50 per UK gallon. A U.S. gallon is 0.83 UK gallons so that would give $7.90 per US gallon.
Diesel is currently running as high as £2 per litre and the same conversion gives around £9.00 per UK gallon ($9.80 per US gallon).
Current predictions as a result of the Ukraine crisis are that our fuel prices could quite quickly rise another 50% or so, to £2.50+ per litre for petrol and £3.00+ for diesel.
In case anyone is wondering, when the UK joined the EU we were obliged to start selling everything in metric units so we switched to selling fuel by the litre. But of course we stayed with measuring distances in miles, rather than switching to kilometres, so we still quote fuel consumption figures in miles per gallon (whereas in Europe they measure it in terms of litres of fuel consumed per 100 km travelled).
Oh, and another serious matter for us Brits. Fish and chips. Cod prices have risen 50% (even though we are surrounded by water, a lot of our cod is apparently supplied by Russian trawlers). Potato prices are up 30%. The oil to cook them in, and the gas to heat it, are up 400% since last year. Homely fare may become an expensive treat.
This post was modified 4 years ago by Graeme Ogg
Graeme.M. Ogg
London U.K.
Jack Dodds and Jack Dodds reacted
17/03/2022 11:33 am
I wonder how long this increase will last? My guess is that it will be some time and it may be a sign of things to come in the future; both for justifiable reasons and IMHO for reasons of corporate manipulation and greed. Will we experience another crunch like in the early 1970s, where our gas guzzlers will become of little value? Something to consider...who knows at this point? Stay tuned......