Converted from litres -> US gallon and from JPY -> USD, we’re at about $4.15/gallon for regular in my area of Japan (where having a car is required for a lot of things).
Japan has national reserves left for a little while yet, maybe up to 6 months at the current rate. I don’t think people realise just how car centric Japan is though.
I’m pretty sure the government has a rule that keeps it under 170 JPY/litre but, yeah, that’s going to stop being possible eventually.
We need a lot of diesel as well for trucking and farming (edit: and forestry and because plenty of rural trains still run on diesel). Diesel is still cheaper than regular gasoline here for the moment. If that goes off, we’re in trouble.
I’ve already bought enough oil for my car and tractor for a while so there’s that at least. I should probably fill up my spare diesel tank, but the fields have been so what I’ve hardly used any since I’d just sink (again).
Right now diesel prices being $7 a gallon is the bigger concern. All our farming and transportation uses diesel, so all our food and goods are going to get very very expensive.
Yep. I lived in the US until about age 30 growing up in the countryside with family and friends in farming, trucking, and more. It’s ugly. Fertilizer is also largely from petrochem which is going to hurt in many countries
We just hit 10 USD per gallon for diesel where I come from and passenger cars here are split roughly 50/50 petrol vs diesel. 95 (pretty much the same as whatever Regular is in the US, different measuring system) is 9 USD per gallon.
There are multiple EU countries who have not reduced their excise taxes on fuel like we did during COVID, who were paying roughly this price a few months ago already.
Converted from litres -> US gallon and from JPY -> USD, we’re at about $4.15/gallon for regular in my area of Japan (where having a car is required for a lot of things).
Japan has national reserves left for a little while yet, maybe up to 6 months at the current rate. I don’t think people realise just how car centric Japan is though.
I’m pretty sure the government has a rule that keeps it under 170 JPY/litre but, yeah, that’s going to stop being possible eventually.
We need a lot of diesel as well for trucking and farming (edit: and forestry and because plenty of rural trains still run on diesel). Diesel is still cheaper than regular gasoline here for the moment. If that goes off, we’re in trouble.
I’ve already bought enough oil for my car and tractor for a while so there’s that at least. I should probably fill up my spare diesel tank, but the fields have been so what I’ve hardly used any since I’d just sink (again).
Right now diesel prices being $7 a gallon is the bigger concern. All our farming and transportation uses diesel, so all our food and goods are going to get very very expensive.
Yep. I lived in the US until about age 30 growing up in the countryside with family and friends in farming, trucking, and more. It’s ugly. Fertilizer is also largely from petrochem which is going to hurt in many countries
We just hit 10 USD per gallon for diesel where I come from and passenger cars here are split roughly 50/50 petrol vs diesel. 95 (pretty much the same as whatever Regular is in the US, different measuring system) is 9 USD per gallon.
There are multiple EU countries who have not reduced their excise taxes on fuel like we did during COVID, who were paying roughly this price a few months ago already.