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Wednesday, February 23, 2011
Report: A Look at the Average Fuel Prices in Europe and the USA in February 2011
Posted by wedos at 6:37 PM
Without doubt, American drivers are feeling the pinch at the gas pump again as fuel prices have recently surged well past the $3 per gallon mark, recording a 20 per cent increase in the past year. According to the U.S. Energy information Administration, the nationwide average in America on February 21, 2011 was $3.19 for a gallon of regular gasoline (€compared to $2.66 the same day a year ago.
Nevertheless, that's nothing compared to Europe where motorists paid between $6.21 and $9.08 per gallon in mid-February, 2011, according to data from the European Road Information Centre. The countries with the cheapest unleaded gasoline were Latvia at $6.21 per gallon or €1.19 per liter, and Bulgaria and Estonia, both at $6.28 per gallon or €1.20 per liter.
Read more »Labels: Offbeat News, Reports