Wednesday, June 11, 2008
Data from a table listing fuel prices in various European countries from this BBC story has been converted from pounds per litre to dollars per gallon below.
Compared to the U.S., these prices reflect relatively modest increases over the last few years largely because taxes account for most of the price at the pump.
If anyone has any details on how much gasoline and diesel prices have risen in Europe in recent years, please leave a comment.
As I recall, when we visited the U.K. back in early 2005, we paid 80-90 pence per litre which would mean today's prices are up by between 30 and 45 percent. Back then, unleaeded regular in the U.S. was still around $2 a gallon meaning that domestic prices have risen about 100 percent.