Saturday, September 08, 2012

Ripped off by pump prices

Americans complain about the high cost of fuel, but compared to us Brits they're sitting pretty. Below (left) is a snapshot of a widget found on Max Keiser's site, where you can check regularly and grind your teeth.

To convert from (US dollars per US gallon) to the current British equivalent (i.e. French Revolutionary decimal pence per French Revolutionary litre), simply divide by 6.

Or 6.058595, if you want to be more exact. Here's a sample based on the latest prices and exchange rates - Brits are paying almost exactly double:













INVESTMENT DISCLOSURE: Mostly in cash (and index-linked National Savings Certificates), but now planning to build up some reserves of physical gold via regular saving.

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