With a gallon of gas hitting $3.60 in my neck of the woods, a report said that U.S. gas prices were relatively low compared to the rest of the world...Is that true, especially you guys in the UK and Down Under?

Hey, I'm from Denmark and here a litre of gas (1 US gallons = 3.7879 litres) costs about $2 - $2.25. So you get no sympathy from me, Joseph  

And for the people who have a problem with the metric system, that's approx. $7.50 for a Gallon.

There's a huge out cry here in England over the price of petrol (gas) as it's creeping up every week.  I'm not great with convertions but it's £1.10 a litre.  At the start of the year it was around £1.00 and you oly have to go back a year or so, and it was £0.85 ish a litre.  There's even talk of strikes and panic buying!!

Europe's gas prices have been ass-higher than ours for ages.  I paid $4.17 per gallon for premium last week.  Good thing I don't have to drive very often.  Yay.

Let me put it this way, I drive an 05 Subaru WRX STI, and now I have to sell it.

If I were to pay regular, it would be at CHEAPEST $3.85.  If I were to go to most places, it would be between $3.89 and $3.99.  But since I pay premium, MY price is $4.17.

I'm either selling my STI or I'm gonna go on craigslist to see if I can get a hold of a Civic for my driving around car.

$3.70 here in Atlanta, Georgia. We'll cross the four dollar mark in about a week.

I guess you guys don't do a lot of grocery shopping. Forget the gas prices, I spend as much on food now with just my husband and I as I did when all three kids lived at home...

Yeah, it's $3.99 here for gas.

The Thing is with Europe and especially the UK fuel is taxed very heavily. At the moment around 70% of the price of gas is tax.

So given a figure of 1.10 quid a litre in the UK, that works out at 4.18 a gallon, In US money that is about $8.36 a gallon!!, give or take. So yes, even $3.60 a gallon is still cheap as chips!

Here in Aus things are better, I pay around $1.50 a litre for premium high octane stuff, but you can get normal unleaded for around AU $1.35 a litre which would be around $4.80 US for a gallon.

I would say this is the end of cheap fuel for the US though, with Oil prices forecasted to hit $200 a barrel and the fact that many people seem to think we have hit peak oil even the US is going to have to start to realize that huge engines are just not economically viable anymore, who would buy a V8 in this day and age?

Quoted from Sham $3.70 here in Atlanta, Georgia. We'll cross the four dollar mark in about a week.

You mean for regular or Premium?

3.65 here in Cincinnati.

~Zack~

So what's the solution?

Quoted from sniper And for the people who have a problem with the metric system...

Royale with Cheese.

Gas is currently about 3.85 for Regular in Chicago.

These weird conversion things don't seem right.  I've seen a few posts where a 7 or 8 dollar a gallon US rate is high, but since you're money is worth essentially double ours, wouldn't it come out even?  What am I missing here?  Obviously if gas were 8 dollars a gallon in the US, I'd probably figure out some way to burn homeless people as an alternative fuel.  Sometimes you just need to know where to draw the line.

Quoted from Kamran Nikhad You mean for regular or Premium?

Regular.

Just to update here in Atlanta, I went out for lunch and passed a gas station that was selling regular for $3.79.

Nine cents in less than a day. The escalation continues...

Quoted from Sham Regular. Just to update here in Atlanta, I went out for lunch and passed a gas station that was selling regular for $3.79. Nine cents in less than a day. The escalation continues...

Son of a bitch, 9 in a day?  Lord...well, enjoy having it in the 70's while ya still can I guess.

Quoted from Takeshi So what's the solution?

Economics 101

Either use less or produce more.

Success has a price. With China and India becoming more prosperous, they want the same stuff we in the west have taken for granted for a very long time which is driving prices on not just oil but raw materials in general through the roof. (2 billion + people wanting what we have)

Regarding food prices, I first got concerned two years ago when all of a sudden there was no hay to buy for my horses at the feed stores. Farmers decided to grow corn (for ethanol) instead of "grass". Farm people went into a panic and farmers with cattle had to buy the much more expensive feed intended for horses just to keep their herds alive...  Now, it's starting to affect everyone.