Originally Posted by
PhlyingRPh
It is, now. In January, I was paying in the $2.75 range per gallon in Plano, TX, while it was $7.75-8.00 per gallon in Wimbledon, South London.
I forgot to ask, in your calculations from the earlier post, did you take into account the difference in the size of the Imperial vs. the US Gallon? I think the US gallon is about 20% smaller than an imperial gallon.
It's not relevant; there are 3.78 litres in a US gallon. That was the basis for my comparison. Imperial gallons don't play a role here.
And yes, the price of petrol is more sensitive to the price of oil in the US than the UK because of much higher duties in this country. In this instance, I can see how the 3.5x mutliplier is possible.