143.9
The recent price (in Euros) for a liter of regular gas in Paris. 152.5 for premium.
That's about $5.40 per gallon. We're currently averaging $2.80 a gallon. That is almost as high as the (inflation-adjusted) prices of 1988-1990. However, about 70% of Europe's price is because of tax, while only about 27% of ours is tax. Their non-taxed cost is $1.70; ours 2.04.
My take, the prices are higher than we are used to, but still not as high as the 1973 oil crisis, and not as high as Europe's prices. There will be some leveling of prices as the supply gets rebalanced, but will remain high.
1 comment:
I paid $3.25 the other day.
I note with amusement that the ATM "Hold" used to be $50 while filling up the tank.
They raised it to $60.
Thanks Bank of America.
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