I make my own gas, and give it away for free. Breathe deep!

Now petrol, that's another matter. It peaked at about $1.60/liter, and has since fallen to about $1.05, not such a huge fall because (a) most of that is tax anyway, which doesn't change and (b) the price is calculated based on the international market, and the Aussie dollar just took that nose-dive, hence the price, in our currency, has to be higher.

Well why was it still so much higher than US by comparison even when the Aussie dollar was almost equal to that of the US?

Tax. Petrol tax. GST on the petrol, and GST on the petrol tax too. Probably bloody GST on the GST too, I shouldn't wonder.

It was well over $1.60 up here for quite some time. I realize we pay a lot of tax on fuel here, but it still seems exhorbitantly high in comparison. Seriously, four times the price (roughly)?

1.89 last night.

Will be interesting to see what it this afternoon.

Yes, and don't you buy by the liter?

If there's a way to drive converting another cheaply available hydrocarbon to liquid fuel/petrol by solar power, Australia should seriously look into the matter. Germany used coal as a feedstock for synthetic oil once. Australia's got coal in Queensland.

Just paid a buck eighty-something per gallon (3.96 l) this morning. A combination of the dollar strengthening against other currencies and commodities and increase in inventory.

Yes we do buy by the 'litre'. You'll see me mention in my earliest post that we're still paying the equivalent of over $4/gallon.

I sort of remember it but was being lazy.

$1.67 in NJ today

$1.39 yesterday in Grandview on my way to get my kid.

That has to be the record lowest in the US since the 80's.

Your math not working very well - a liter is about a 1/4 of a gallon - not 4 gallons. The approximate conversion is 1 liter = 0.26 US gallons.

Classic, I read UG as saying his gallon was = 3.96 liters, so - just this once - I think he is right. Just this one time, mind you, lets be very clear about that. ;)

wouldn't we divide the cost per gallon instead of multiplying it since there are roughly 4 liters in a gallon, not four gallons in a liter? I have had a lot of wine today and yesterday but still...