Originally Posted By: Number_35
So what's that for our American friends? Right now the Euro = $1.17 USD. So based on that June price in Friedrichshafen, a litre of regular with ethanol would be 1.479 x 1.17 = US$1.73.
US$1.73/l x 3.78 l/US gallon = US$6.54/US gallon.
I worked for a Norwegian company for nearly a quarter of a century and the first time that I traveled there (1997) and saw the prices of gasoline, I thought they were not too bad. Until I realized the prices were per liter and after I did the conversion it was just shy of $9.00 per gallon. When we were complaining about $4 a gallon here in the US not so long ago, my European friends had no sympathy. It is not a 1:1 though, there are many social and governmental differences in the economies that must be taken into account. One of that last times that I went through the Netherlands, I made it a point to see what types of oil they had and was floored at the prices (granted these were 7-11 prices), but it was north of $18 per quart (liter) for Total and Castrol synthetics (which I assume to be "real" synthetics).