Maya2001 -> RE: $7 gallon in 4 years (4/28/2008 5:38:28 AM)
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Most other countries are paying considerably more for gas than the US and have been for years In Canada many places are already over $5.00 a US gallon, I just filled up 2 vehicles today having to pay $1.20 a liter which converts to $4.54 US gal, Where my dad's club cottage is at in Elk Lake, Ontario they are reporting the gas price for today at $1.349 a liter = $5.11 in BC highest reported price is $1.429 = $5.41 there are no reported prices listed on gasbuddy for the territories here but I expect there the prices are over $6 using Alaska as a comparison Taking a look at gasbuddy.com the US highest mainland prices are still better than most of canada's lowest prices for gas. US is still far below the global price structure. here is prices from 2005 europe has soared like crazy this year as well ... they are likely paying $8 a gallon in UK, Amsterdam, belgium etc http://money.cnn.com/pf/features/lists/global_gasprices/ Here is an article for 2006 in the UK where they are looking at paying $6.88 US for gas then http://www.autoblog.com/tag/petrol+price/ Now to really make things fun ...when I went on vacation to Florida 30 years ago the price of gas in the southern US was 37 cents a gallon , My wages if I had been still doing similiar work then as now did not increase anywhere near the same pace so one way or another we do adjust and climatize to the increase in prices and it does not mean we necessarily use less as a result, we may for the short term as a knee jerk reaction but we go back to using it again and then add more creative ways to use for example gas powered devices to make our lives simpler or for recreation eg boats, all terrian vehicles, snow mobiles, jet skis, gas powered push or riding mowers, snow blowers, lawntrimmers, hedge trimmers, gas powered pressure washers , take airplanes which go through phenomenal amounts of fuel, so despite gas prices increasing faster than wages over the long term we are consuming more on average. We in NA have been spoiled with lower than global prices and we have become wasteful of it. Other problem most of Canada and the US do not have the population densities to support mass transit, leaving home and work/shopping not linked by a transit system which forces many of us to use cars inorder to get from point A to B with distances often too great for even bicycle travel.
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