US Gas Prices Tumble, Unlike Ours
The U.S. average price for regular gasoline tumbled another 17.6 cents to reach 222.4 cents per gallon this week. Over the past eight weeks, the U.S. average has plummeted 161.1 cents and has now dropped 189 cents from the all-time high set on July 7. As a result, the price is now 88.7 cents below the price a year ago.
By my calculations this means that US prices are down 54% from the July high. A figure pretty close to the actual fall in the price of crude. Fair do's.
Here in the UK however, petrol prices at the pumps are only some 20% lower than the July highs, when unleaded averaged 119.5p/litre and diesel 133.1p/litre.
Bastardos.
By my calculations this means that US prices are down 54% from the July high. A figure pretty close to the actual fall in the price of crude. Fair do's.
Here in the UK however, petrol prices at the pumps are only some 20% lower than the July highs, when unleaded averaged 119.5p/litre and diesel 133.1p/litre.
Bastardos.
