Would you pay this in the USA for gas (petrol). This is what I have just had to pay here in the UK, at one of the cheapest gas stations in the country.
I can commute by train, but it would send my commute to over an hour to go to my usual office and take like 3 hours to the NYC one.
It would more likely cause me to get a Volt or Tesla really quick.
I added your closing sentence, you must have forgotten it.It would shoot our economy back into the gutter (and then some). If people thought the recent recession was bad & hard to climb out of, just wait and see what $8/gas would do to us.
Disney/Universal (or any major U.S. tourism hot spot) would be wrecked, as not only would that high fuel cost impact drivers, but would also be shared with the airline companies, resulting in astronomical airfares that we can only imagine right now.
Any economic improvement we've made over recent years would be all for not if this were to happen, as it would spark a downturn that makes summer of 2008 look like Candyland.
So to answer the OP's question, I don't think this would happen because our country (especially still in economic healing stage) could not handle the impact of $8/gas. It would break us.
But at least we could BM.
That's crazy that you have to pay so much! Is this a very recent change and what were you paying before? How scary! Is there a ton of backlash from citizens about it???
Not to mention the sticker shock of any item which requires delivery...a.k.a. EVERYTHING. Combine that with the fact that wages (overall) in this country are on the decline. Like I said, it would completely break us.$8 would literally kill the US as so many depend on cars to get everywhere! Hardly anyone would be able to get to work!
Even though its nice having your own car, everywhere in Europe has public transportation! it???
And by the way, I am showing my ignorance here, and want to learn; but do you not trade in Euros or pounds, rather than dollars? Is the $8 that you quote in US dollars? And if there is a difference to whatever form you actually use, what is the actual price in your currency?
And by the way, I am showing my ignorance here, and want to learn; but do you not trade in Euros or pounds, rather than dollars? Is the $8 that you quote in US dollars? And if there is a difference to whatever form you actually use, what is the actual price in your currency?
As said the price we pay is around £1.40 per litre.
I converted that into the $ per US gallon. A US gallon is 3.78 litres. A UK gallon is 4.5 litres.
around £1.43 per ltr
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