Average US gasoline prices plummet at the pumps, but do we see the same in the UK?
According to the Triple A website (American Automobile Association) prices at US gas pumps have fallen from an average of $3.27 a gallon a year ago to $2.76 today. That is a fall of $0.51. Even better, the fall for just the last month is huge $0.28 a gallon.
So, US gas prices at the pumps have come down by over 15% in the last year and 9% in the last month.
So why is this? Well the price of crude oil has fallen by 34% in the last year, so American motorists might feel a little aggrieved that the cost savings are not being passed onto them.
But what of the UK?
Well, in November 2013 the average price of petrol in the UK was £1.33 per litre and today it is £1.23 per litre. A fall of 7.5%. Wait a minute! A fall of just 7.5% when the price of crude has gone done by 34%? Yes, a larger part of what we pay in the UK is tax, but that shouldn’t matter. Either the government or the petrol companies are ripping us off and not passing on the benefits of falling crude oil prices.
Yes, I know we live in a free market economy, but this is ridiculous.
This blog was originally started to record a five month, 21000 mile tour of the US on my Harley-Davidson. I continue to use this blog to record my own motorcycling adventures, wherever they may be, along with my thoughts and opinions about motorcycling generally.
Having devoted most of my adult life to being a ‘company man’, the transition to the next phase of my life away from the construction industry was always going to include some challenges. Planning and then making my dream trip to explore America on my Harley-Davidson proved to be the ideal vehicle for clearing my mind of old ways of thinking and being. I rode 21,475 miles, in 27 US states in four-and-a-half months.
My motorcycling trips have continued, with journeys across much of Europe, New Zealand, North Africa and Cuba.
A few years ago, I set up and now run Tour1, which takes riders on Harley-Davidson Authorised tours across Europe. See www.tour1.co.uk.
I live just north of London in the UK.
Please note all photographs on this blog are copyrighted. Do not copy or use, in whole or in part, any image from this blog either in its original form or altered in any way. If you do want to use one of the photographs, then you must ask first and I will almost certainly say yes! Thanks for your understanding.
US Tour - My Favourites Places I Went To....
It is difficult to choose, but here is my list of the highlights of my US tour, in the order I saw them in....