Contributions By Members > Living Costs in different areas, cities, provinces

Amid rising prices, Poe urges gov't to suspend fuel excise tax

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David690:

--- Quote from: bigrod on May 26, 2018, 11:48:33 AM ---Okay you paid approx $3.06 per US gal or $3.67 per Imp gal.  Maybe you know another way to compare without computing it. I sure do not.  Most US vehicles when I left used gasoline not diesel, and diesel prices were normally higher than gasoline.  I would guess Lee more than likely bought gasoline at that price in Florida.  My vehicle here is a gasoline engine(by choice) so my price per liter is going to be higher than diesel.  I drive out of my local area to get gas because it is cheaper in that area than mine even though it is the same brand of fuel. 

Chuck

--- End quote ---

But trying to compare fuel prices between USA and Fils is pretty pointless anyway as the exchange rate is always changing and will affect the result. If you are discussing "Amid Rising Prices, Poe urges gov't to suspend fuel excise tax", then it makes sense to discuss the fuel prices in Fils.

David690:

--- Quote from: bigrod on May 26, 2018, 12:37:26 PM ---Comparing fuel prices to the US is probably meaningless since I have been here(Jun 2010) fuel prices have always been higher here.  Fuel prices in Germany(Apr 68-Apr 72 and Jan82-Jun 84), Greece(Apr72-Jun 73) and UK (Jun 81-Jan 82) were always higher than the US.

Chuck

--- End quote ---

With the probable exception of Saudi Arabia, US fuel prices are always less than most places in the world.

Peter:

--- Quote from: bigrod on May 26, 2018, 12:37:26 PM ---Comparing fuel prices to the US is probably meaningless since I have been here(Jun 2010) fuel prices have always been higher here.  Fuel prices in Germany(Apr 68-Apr 72 and Jan82-Jun 84), Greece(Apr72-Jun 73) and UK (Jun 81-Jan 82) were always higher than the US.

Chuck

--- End quote ---

Chuck.

As a comparison, the 2017 average, countrywide price of 1 litre of unleaded petrol (gasoline) in the UK was GBP 1.30, when GBP 1 was floating around the PhP 66.50 mark. Average price, not to say some retail outlets, supermarkets and such having loss leaders, weren't cheaper.

Makes a 2017 equivalent of about PhP 86.40 a litre.

UK Retail price broken down as follows:
Base cost to produce and get it onto the forecourt - 30p.
Fuel duty (Govt tax) - 58p.
VAT - 22p.
So last year's price to the motorist 1 Pound 30 pence.

Haven't checked this year's average yet, but they never seem to come down!

Taxes get the motorist everytime.  >:( >:( >:(

Peter


bigrod:

--- Quote from: David690 on May 26, 2018, 04:08:49 PM ---But trying to compare fuel prices between USA and Fils is pretty pointless anyway as the exchange rate is always changing and will affect the result. If you are discussing "Amid Rising Prices, Poe urges gov't to suspend fuel excise tax", then it makes sense to discuss the fuel prices in Fils.

--- End quote ---

I actually do not compare prices except those in the area I live.  Why would the price of gas in the US, UK, Germany, etc. concern me since I live in Cavite.  I think comparing the price here to anywhere would have the same fluctuations in FX rates as comparing to the US.

Chuck

bigrod:

--- Quote from: Peter on May 26, 2018, 04:13:20 PM ---Chuck.

As a comparison, the 2017 average, countrywide price of 1 litre of unleaded petrol (gasoline) in the UK was GBP 1.30, when GBP 1 was floating around the PhP 66.50 mark. Average price, not to say some retail outlets, supermarkets and such having loss leaders, weren't cheaper.

Makes a 2017 equivalent of about PhP 86.40 a litre.

UK Retail price broken down as follows:
Base cost to produce and get it onto the forecourt - 30p.
Fuel duty (Govt tax) - 58p.
VAT - 22p.
So last year's price to the motorist 1 Pound 30 pence.

Haven't checked this year's average yet, but they never seem to come down!

Taxes get the motorist everytime.  >:( >:( >:(

Peter

--- End quote ---

Peter

Back in 1968 in Germany I paid 9 cents for a US gal of gasoline at the US Base gas station.  No taxes charged and had coupons to buy at ESSO stations off base. Don't remember what the price was the Germans paid per liter in DMarks but is was high as it was in the UK.  Think I was making less than $200 a month at my rank.

Chuck

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