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by woodruffw 1319 days ago
This has me curious: has the UK's gas prices gone up consistently with "normal" inflation, or have they stayed relatively static against it until now?

Gas is already cheap in the US, but it's actually cheaper in real terms (adjusting for inflation and engine efficiency) to drive in 2022 than it was in ~2005. Is it the same there?

2 comments

So I think that most people "feel" as if the price of petrol has been going up, but it really hasn't - it's been mostly frozen for years now.

As an example - I found in my google photos this picture from 2011, literally 11 years ago, and it shows petrol at 134p/litre, which is actually more expensive than it has been for few years(other than this year, obviously). Definitely 2016-2020 petrol has been around 120p/litre, with 130p/litre for premium(which I remember well because I had a sports car for those 4 years and remember thinking that 130p/litre is expensive for fuel).

https://imgur.com/a/JqT15rm