Ouch. I just saw that gas prices at the station up the street are up $.50 over yesterday. My guess is that it will get even worse.......................
Doh, over here in the Netherlands, gas prices are SIX times of US prices...
Other than the obvious downside to higher gas prices (more out of pocket cash), I'd hope this accelerates development in alternative fuel technologies such as hybrid engines, fuel cells and so on.
1.51 € (1.86 $) per liter (0.264 gallons) in Belgium...
Here is the UK, I pay $1.70 per litre. That's $6.44 per US gallon! Almost 13 times what you guys are paying. And I drive 500 miles per week. Ouch!
You are in Atlanta, correct? This evening in Atlanta there were lines at all of the gas stations. Many of the gas stations were closed in my part of the 'burbs, because they were completely out of gas.
Similar situation up here in Charlotte as well...people are going crazy.
Just to add to the European folks woes, I spent some time in Poland a while back...gas there (at the time) was about 4 bucks a gallon, however the average salary there is about a quarter what it is here in the US. Needless to say, public transportation was the way to go. You could buy a monthly bus ticket for about 10 bucks, and they had dedicated lanes so it was usually quicker than sitting in traffic. We're so spoiled here in the US :-).
Okay gas in US is around $3 a gallon, so how is it 13 times?