What do you feel is a realistic, and fair price for a gallon of gasoline?

[xveganxcowboyx]

True, the octane ratings for most of the world are different than ours. I think you can subtract 5 or 6 points to get a reasonable comparison.

[Onefast99gsx]

You can't compare the cost of a U.S. gallon of gas vs. what it goes for in Europe unless you compare every cost that's embedded into that gallon. If all the embedded taxes (state, local, etc) are the same, it's fair but I highly doubt they are. Income taxes between countries would have to be the same also for a fair comparison. Perhaps, they pay less income tax than we do, and their governments get the Uncle Sam money out of their high cost of gas.

[CVD]

Most places in Europe pay higher taxes than we do because of retarded shit like govt. healthcare.

[Thor06]

Not if i recall correctly, i think they measure octane differently there as well.Really. Wow thats weird. Definately going to look into that.

[JET]

Europe uses the RON rating on their gas. I think around $2.50 would be fair. And I have you all beat, I remember $.65/gal gas!

[Shotgun!]

So what was going so right with the world back in 2000ish when gas was $.83?

It's just silly to say that we can't go back to that.

[Onefast99gsx]

Global supply & demand. China alone demand is almost 2 fold of what it was. They are building up huge reserves also. Threat to oil supplies with terroism & hurricanes also affects it. Just this morning oil shot up to about $74 again on the tensions with Iran. If we goto war with them(which we probably will), and there is also another severe hurricane like Katrina, you can at least double what you pay for gas now.