Posts Tagged ‘gasoline’

UK and US Prices Compared

Posted in Uncategorized on February 11th, 2009 by – Be the first to comment

In a few short weeks I’m jetting off to Atlanta in the U.S. on a business trip. I haven’t been to the United States for some years so I thought I might be able to pick up a bargain or two while I’m away.

The British pound is not as strong as it used to be against the dollar with today’s exchange rate around $1.52 for one pound. Nevertheless it still looks like I’ll be able to grab a few bargains while I’m stateside.

Games consoles are high on my list of priorities (according to my children). The Xbox 360 is currently priced at around £148.49 in British stores, which is equivalent to roughly $226. The same games console can currently be purchased for about $199.99 in the U.S.

A similar difference in price exists for the Nintendo Wii. In the U.K. this sought after console will cost £198.49 which equates to about $303. In the U.S. this unit will cost about $249. The Sony Playstation 3 costs £308.49 or $470.66. One of these popular games consoles will cost around $399.99.

Significant price difference between the U.K. and the U.S. can be seen across a whole host of products. Take petrol, or gasoline, for example. In the U.S. a gallon of normal petrol will currently cost roughly $1.35. In the U.K. one litre of petrol will cost about 89p. This equates to about £3.36 per gallon, or a massive $5.13. A massive difference compared with what the Americans are paying for their gasoline.

When I fly over to Atlanta, in a few weeks time, I’m planning to leave my car at Heathrow so that I can drive home on my return. I’m therefore shopping around for the best pre-booked heathrow airport parking price. These charges currently range from £48 to £161 for a 1 week stay. This equates to $73.23 to $245.

Looking at the charges for parking at Atlanta airport I see that these range from about $41 to $62. An enormous difference when compared with the same service here in the U.K.

So, while there appear to be some modest differences in the prices of various games consoles many other products and services are enormously cheaper in the U.S. So why do the Americans have it so good?

Always use a comparison service to get the best pre-booked price for UK Airport Parking.

Oil And Gas Potential Good Investment

Posted in Uncategorized on January 26th, 2009 by – Be the first to comment

With each passing day, there are more and more people, and businesses as well, that are reeling from the impact of today’s high gas prices. Many are taking measures to reduce their use and reliance on gasoline in an attempt to make ends meet and maintain their lifestyles. While many are struggling, there are also those on the “flip side” of the coin who had the wisdom, or the luck, to make some investments in oil and are actually in great financial shape because they did so.

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While this can sound rather heartless to those who feel they are being gouged every time they drive away from the gas station, the reality of business in a free market economy is that there are always winners in the game, as long as there are consumers who are still interested in the product or commodity. In this instance, oil and gas are the commodities, and they are still very much in demand. Those who had the foresight to invest in this area are finding that their investments are paying off handsomely and global warming causes are the last thing on these folks minds!

One of the main keys to enjoying an appreciation of assets over time is to wisely invest in areas where there is both significant market growth as well as price appreciation. Certainly, oil and gasoline qualify on both those counts, especially in the United States, where people have become more dependent on their vehicles that just about any other nation on the globe.

The fact is that approximately 98% of the economy of the US is related in some way, shape or form to the use of crude oil, and the resulting products that are made from it. Not only are these fossil fuel petrochemical products used in powering personal and commercial vehicles, in powering all kinds of industrial machinery, in heating and cooling homes, offices and factories, but they are also used in a vast assortment of products that are an integral part of daily life.

From the plastic bags used in packaging and storage, to plastic bottles used for the extensive range of beverages that Americans consume, to fertilizers that help propagate fields of food crops, oil and its many by-products simply touch virtually every person in some way on a daily basis. These examples are just a tiny fraction of the amazing array of ways that crude oil derivatives are used, which points to the ongoing demand for such products.

The demand for gasoline in the Western world is expected to continue to be strong, primarily because it is such a fundamental part of the fabric of life. As a result, investing in oil and the various by-products that are derived from crude oil will continue to be profitable. Even in the event that gas prices drive down overall gas consumption, it is expected that there will always be a strong demand for the other products that are petroleum-based. These facts mean that there are plenty of positive reasons for oil investments and very little risk.

This summer gasoline prices hit record amounts. It was far too easy to spend over $100 each week on gas prices. That seriously hurts most people’s budgets. They simply cannot afford to pay those kinds of prices. With gas fluctuating up and down and no one safe from the price gouging, many people are turning to alternative fuels or learning how to rethink how they drive their vehicle. If you want to save money at the gas pump then you are going to have to do some research.

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