Your Gas Price

[mythusmage]

Storminator pays 2% of his income on gasoline, Steve Jung 1.6%. How do you compare? Anybody here pay more than 5% of their income on gasoline? More than 10%?

 

[Arnwyn]

Today it jumped to about $3.11 US/gallon where I'm from here in Canada.

 

[Morrus]

91p per litre here. No idea how that translated to dollars and gallons, though.

 

[reveal]

91p per litre here. No idea how that translated to dollars and gallons, though.

1 liters = 0.264172051 US gallons

1 British pounds = 1.8036 U.S. dollars

So, with 100 pence in 1 pound, that's.....

Roughly $6.31/gallon.

 

[MaxKaladin]

I remember reading somewhere that as we approach $4.00/gallon, we also approach the break-even point of running hydrogen cell vehicles.

This whole bit with rising gas prices has pretty much convinced me that it's time to invest (as in stock) in alternative fuels. I figure we're going to hit a point in the next few years where that sort of stuff really starts to take off and alternative energy sources like hydrogen fuel cells and biofuels will really start to take off.

Oh, and gas was $2.69/gal this morning on my way to work.

 

[Meadred]

Well, the price here in Sweden is hovering at 12 kronor per liter for 95 octane gasoline, which translates to about $6.13/gallon (US).

The interesting thing is that when I was an exchange student in the US way back in 1987-88, the cost of gas in the US was about $0.79/gallon, IIRC. At the same time, the cost in Sweden was about the same for 1 liter, meaning that the price in Sweden was 4 times as high as in the US. Nowadays, it seems that the price here is only about 2,5 times as expensive as in the US...

During our recent vacation, we drove to visit relatives in northern Sweden (at the border with Finland), did some touring (both Norway and Finland), and then drove home again for a grand total of about 3,000 kilometers (about 1,875 miles). I haven't dared calculate the cost of this yet...

Cheers,
Meadred

 

[Queen_Dopplepopolis]

Storminator pays 2% of his income on gasoline, Steve Jung 1.6%. How do you compare? Anybody here pay more than 5% of their income on gasoline? More than 10%?

Our gas is easily under 1% of our income (before taxes).

On the drive to school today, gas was anywhere from $2.90 to $3.10/gallon.

 

[Queen_Dopplepopolis]

Just read this article about how gas prices will easily rise above $4/gallon here in the US. I know that we don't pay THAT much compared to other places in the world, but... sheesh... that's expensive. I think I'll take the opportunity as an excuse to work from home more frequently.

 

[reveal]

Storminator pays 2% of his income on gasoline, Steve Jung 1.6%. How do you compare? Anybody here pay more than 5% of their income on gasoline? More than 10%?

After taxes, gas is anywhere from 2% to 3% of our income.

 

[BiggusGeekus]

After taxes, gas is anywhere from 2% to 3% of our income.

Stop paying taxes. That'll reduce the percentage.

Man, I'm just full of great financial advice!