Global view of gas prices

Global view of gas prices


May 2: Imagine a place where drivers pay twice what we pay here for gas, or imagine living where gas is less than a buck a gallon. NBC's Ned Colt takes a global view of gas prices.








It's funny; I just had this conversation with my mother. I told her we should be thankful our prices have been so low for so long. Of course, she didn't see it that way. I'll never forget when I was a freshman in high school sitting in my German class... my German teacher was discussing the differences between Europeans and Americans with us (he was telling us how spoiled we are in the nicest way he could). I'll never forget how shocked I was to learn that they were paying nearly $4 a liter! That was when our summer prices were around $1.25 a gallon! Were griping about $3 a gallon and as of March Hungary, Portugal. France, Germany, UK, Sweden, Belgium, Denmark, and Italy have been paying OVER $5 a gallon. Norway and Netherlands have been paying over $6! I hate to imagine what Americans would do if we were paying those prices... *gasp* take public transportation?!? Many argue that we've never paid that much and we shouldn't have to. Why? Because were spoiled?!Everyone else in the world seems to know that except for us, imagine that. Don't get me wrong, I love being an American and all that comes with it... but sometimes I just don't understand our culture.

There is another side to gas prices though... Nigeria, Egypt and Kuwait all pay under $1 with the lowest price coming in at $0.12 in Venezuela. Enough to make you want to pack up and move? Didn't think so!

I guess we'll just have to suck it up and take it or look for other ways to fuel our cars. Electric, Ethanol, vegetable oil, peanut oil, solar... it's almost limitless- we just have to demand it. Supply and demand, get it?

Enough ranting for one day!



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Stephb0b