Sunday, September 04, 2005

How Much?

Ok, just drove past 3 petrol stations near my house and the price of diesel is 96.9 pence per litre!

My American readers work in gallons so I'll translate:

1 gallon = 3.8 litres
96.9 * 3.8 = £3.68 per gallon

A qick browse of BBC news business section to get the latest exchange rates gives £1 = $1.84

£3.68 * 1.84 = $6.77 per gallon!

Things can't go on like this without something happening.

FYI: Diesel doesn't actually cost that much, 76% of that £3.68 is tax :(

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