Highest gas prices I've seen...you won't believe it

We pay 4.95 - 5.50 GBP for petrol over here in the UK (normal stuff, nothing fancy) I reckon that equates to about $9-10 per gallon.
Although somebody will be along to tell me that the US gallon is smaller (UK is 4.5 litres )

 

5 pounds sterling/UK gallon(4.5L) = $8.25/US gallon (3.785L)

 

That's the highest price I've ever seen at the pump! I doubt there will be a performance increase going to an octane that high. The cars are tuned for about 93-98. In CA, premium is usually only 91 though.
I often fill up with 101 which is about $7.25/gal right now. Racing fuels cost even more. Wonder what F1-spec fuel prices are?

 

I heard Rush Limbaugh yesterday say it costs him over $8 per gallon, but that was for jet fuel...

 

IIRC a few years ago it was approx $30/gallon, but I doubt it is as coupled as closely to the price of oil as regular gasoline.

What I wonder about is the (obsolete) special fuel blends probably required by all the old race cars. I'd hate to see the fuel bill from a Corse Cliente weekend.

 

Over £12 per Gallon of bp ultimate 102 octane I think

 

So the race weekend could use about $5k in fuel per car!

As for old cars, they don't have to run old fuels. Fuel companies make many different blends.

 

Well if your car isn't tuned for it, no better, maybe worse.

 

F1 cars use the same petrol available at the service station

 

We've got a few VP stations around here with 93 and 110. Never checked the price but I'm sure it's similar.

 

Very interesting. Are you associated with F1?

 

I predict that this time next year we will look back at $4/gallon gas as the good old days of cheap gas...

 

They do not.

The fuel used in F1 is so-called "pump formulation" but it is hand formulated from lab grade stocks.

 

Stop telling the truth. We don't want to hear it.

 

Why Gas in the U.S. Is So Cheap...

http://finance.yahoo.com/family-home/article/104996/Why-Gas-in-the-U.S.-Is-So-Cheap

 

Wow, look at this list..

Where gasoline is cheapest
=======================
Rank Country Price/gal
=======================
1. Venezuela 12 cents
2. Iran 40 cents
3. Saudi Arabia 45 cents
4. Libya 50 cents
5. Swaziland 54 cents
6. Qatar 73 cents
7. Bahrain 81 cents
8. Egypt 89 cents
9. Kuwait 90 cents
10. Seychelles 98 cents
45. United States $3.45

 

I'd gladly pay more for gas if the tax money actually got put to good use. The roads around here are all crap! If they fixed the potholes, bumps, and old freeways, then $8/gal would be fine.
What doesn't make sense to me is to use gas taxes to fund public transportation. Why should I have to pay for other people's transportation?

 

We could do that here, too. I don't expect to see gas dip below $1 a gallon, but we could definitely get below $2. Huge reserves in the Midwest have been found. Much of AK is floating on crude. We don't take it out because our politicians are pandering to special interest groups. Sad.

 

Wrong.
There's a slim chance to pay that little if no taxes are added. In that case, we'll use up the resources and be left with nothing to show for it.

 

Really?

Link

If we were to use our own reserves it would make foreign oil a non-issue for our lifetimes at least.

 

In Sierra Leone, Africa the price of regular gas is tipping $20 a gallon. Now imagine if you had a Hummer H1 with a 42 gallon gas tank, it could hypothetically cost almost $1000 to fill up.

 

What kind of car uses 112 octane? Highest I've seen is 100 octane racing fuel at a gas station.

 

Some drag cars with high compression use it. I can't imagine anything street legal using it.

 

What ever happened to the guy putting the turbine in his Ferrari, maybe he could use it.