According to the RAC it was earlier than 2010. But then I don’t get a lifetime of medical debt if I get injured so at least at have that going for us. Currently.
Never really bothered to do the conversions but now I’ve just realised how cheap gasoline was in the US.
The cheapest I remember seeing pump prices in the uk was in late 90s where it was £0.65/L, which would make it around £2.46/gallon and therefore $4.15/gallon given the apparent exchange rate at the time.
In the late 90s (or maybe 2000) in the US Midwest, I remember paying $0.79 a gallon, or $0.21/L. With the exchange rate then, it works out to £0.13/L. So yeah, it was cheap. I filled my 15 gallon tank for the cost of 2 hours at my just above minimum wage job.
FWIW, I learned to drive when it was ~$0.95/gal, and lived in the UK ~'05, so I feel keenly that a fairer comparison might be each region’s % of prol take-home avg that’s leeched by fuel costs. Is there an acronym for that?
Let’s say that these two nations’ Unit Price and MPG/KPL avgs are:
US: $4.32/g | 26 mpg
UK: £1.59/L | 36 kpl
Also, the nat’l avgs of “median wage worker” incomes are:
US: $50,153 (£37,276.47)
UK: £32,236 ($43,369.83)
The fuel cost/yr as % of gross earnings, and minutes-of-work per fill unit would look like:
US: 2.12% | 7.4 mins/g (1.95/L) up 28% since 2019
UK: 1.01% | 4.5 mins/L (17.2/g) down 7% since 2019 (income rose 31%)
Now, for some of us, the slice off the year’s top is image enough, but that "minutes of work per gallon/liter* punches low. 🤌🏼
If you find yourself with a surplus of joy and need it gone, run your own numbers for minutes per gallon/liter * (2*commute fuel usage) = minutes paid to earn the rest. 😅
$5 per US gallon would be 98p (GBP) per litre. I don’t think fuel has been that cheap here in the last 10 years.
According to the RAC it was earlier than 2010. But then I don’t get a lifetime of medical debt if I get injured so at least at have that going for us. Currently.
I think I ended up on the same chart - link for future people: https://www.racfoundation.org/data/uk-pump-prices-over-time
I am one of the future people and appreciate the kink
Not that kind of pump.
I ran a pump and dump scheme with your mother last night, Trebek.
Never really bothered to do the conversions but now I’ve just realised how cheap gasoline was in the US. The cheapest I remember seeing pump prices in the uk was in late 90s where it was £0.65/L, which would make it around £2.46/gallon and therefore $4.15/gallon given the apparent exchange rate at the time.
In the late 90s (or maybe 2000) in the US Midwest, I remember paying $0.79 a gallon, or $0.21/L. With the exchange rate then, it works out to £0.13/L. So yeah, it was cheap. I filled my 15 gallon tank for the cost of 2 hours at my just above minimum wage job.
FWIW, I learned to drive when it was ~$0.95/gal, and lived in the UK ~'05, so I feel keenly that a fairer comparison might be each region’s % of prol take-home avg that’s leeched by fuel costs. Is there an acronym for that?
Let’s say that these two nations’ Unit Price and MPG/KPL avgs are:
Also, the nat’l avgs of “median wage worker” incomes are:
The fuel cost/yr as % of gross earnings, and minutes-of-work per fill unit would look like:
Now, for some of us, the slice off the year’s top is image enough, but that "minutes of work per gallon/liter* punches low. 🤌🏼
If you find yourself with a surplus of joy and need it gone, run your own numbers for minutes per gallon/liter * (2*commute fuel usage) = minutes paid to earn the rest. 😅
I recently bought petrol at $1.49AUD/L, which is roughly 75p and easily the cheapest I’ve bought it since the 90s.
Buy all your gas from Russia
Get into a proxy war with Russia
Blow up the pipeline they use to sell you their oil
???
Reform UK wins the next election