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US Fuel Prices continue to rise

May 22nd, 2007 · No Comments

Brian Carr notes in an article on the Daily Fuel Economy Blog that

The new national average gas price is up to $3.21 per gallon, which is up 3.25% over the past week, 11.85% over the past month and 38.95% since the beginning of the year. Today’s price is also 11.75% higher than what the price was exactly one year ago.

This is interesting as the price point of $3.00 pre gallon seems to have offered little resistance to the upward movement. 

This contrasts with the UK where the £1.00 per litre price point is a huge psychological one. 

1 US gallons = 3.7854118 litres

1 British pounds = 1.9737 U.S. dollars

So the price of a gallon of gas in the UK is currently about $7.17

The goal should be to move towards different fuel sources and I am sure that many people would like to do that sooner rather than later.  Lets hope that the development of the technology and support structure to deliver it is available soon. 

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