Tuesday, April 25, 2006

Gasoline prises in US vs Sweden

Today I found a video on MSN which shows prises of gasoline (bensin) in the USA. The current price is 3$ for a gallon.

1 gallon is 3.8 liters.
1$ is 7.6 SEK (Swedish crowns).
So the price of 1 liter gasoline counted in SEK is: (3 / 3.8) * 7.6 = 6

The current price of gasoline in Sweden is 12 SEK/liter, which makes the gasoline price in the US twice as cheap as in Sweden.

Historical price rise is about the same for both coutries: about 50% up during last 3 years, maybe slightly higher rise in the US.


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