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Old 09-14-2006, 04:29 PM   #1
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Garage
$2.10/gal here in OH today...

enjoy it while it lasts..
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Old 09-14-2006, 05:13 PM   #2
FIG
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You guys are lucky!

We pay AUS$1.30 per litre = US$1.73 per litre (.75c exchange rate)

Therefore: (x 3.785 to get Gallons)

= US$6.56 PER GALLON!!!!!!
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Old 09-17-2006, 12:29 PM   #3
PSP
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Quote:
Originally Posted by FIG
You guys are lucky!

We pay AUS$1.30 per litre = US$1.73 per litre (.75c exchange rate)

Therefore: (x 3.785 to get Gallons)

= US$6.56 PER GALLON!!!!!!
You got the exchange rate backwards.

AU$1=$0.75US or US$1=AU$1.33 , so

AU$1.30 = US$0.975 per liter

3.785 liters * US$0.975 = US$3.69 per gallon

(a little more than California, but in the same ballpark)
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Old 09-17-2006, 07:30 PM   #4
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I agree with longislander1.
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Old 09-17-2006, 08:06 PM   #5
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The whitehouse doesnt play that much of a large roll in lowering gas prices. Its a thing called supply and demand. India and China have more cars rolling and are using up more gasoline, thus more demand means where going to pay more money. It is the fall, people are not driving as much as the summer, houses arent using much oil yet so the prices will be lower the next month, and will moderatly shoot back up by mid to late october. The whitehouse did everything to lower gas prices, but with the democrats not letting the U.S. build another oil refinery or tap into the oil fields of alaska there is less oil in the world thus a higher price we pay.
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