$1.74 a gallon gas within the usa territories(its true)

@ddzdvd (361)
United States
June 19, 2008 12:03pm CST
how can gas be 1.74 a gallon sanjuan puerto rico?does puerto rico have oil feilds i am not aware of? i may be mistaken but i believe puerto rico is a territory of the united states?they use our money,they vote in our elections,they count on our military for protection,for all intents they are american--how come the fuel is so much lower in puerto rico?? something is not white in the milk!!!!!
2 people like this
4 responses
@Taskr36 (13926)
• United States
20 Jun 08
Those are prices from 2005. Read the article. NEW YORK (CNN/Money) – Gasoline prices in the United States, which have recently hit record highs, are actually much lower than in many countries. Drivers in some European cities, like Amsterdam and Oslo, are paying nearly 3 times more than those in the U.S. The main factor in price disparities between countries is government policy, according to AirInc, a company that tracks the cost of living in various places around the world. Many European nations tax gasoline heavily, with taxes making up as much as 75 percent of the cost of a gallon of gasoline, said a spokesperson for AirInc. In a few Latin America and Middle-East nations, such as Venezuela and Saudi Arabia, oil is produced by a government-owned company and local gasoline prices are kept low as a benefit to the nation's citizens, he said. All prices updated March, 2005.
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@ddzdvd (361)
• United States
25 Jun 08
thank you taskr for enlightening me and rescuing me from my ignorence(lol) seriously though "thank you"
@cwilson26 (2737)
• United States
19 Jun 08
That is ridiculous! Gas here in Ohio is $4.12 now and they say it will be even higher by July 4th. If it is that cheap there then someone needs to talk to them about us buying straight from them. Maybe then our gas will go down.
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@ddzdvd (361)
• United States
19 Jun 08
puerto rico for all intents and purposes is a part of the united states of america.you see we are not supposed to know about the BIG price difference.ask any politician and you will not get a straight answer on this either.i think we are being flimm-flammed. $1.74 for refined gas is somewhere i believe between 60 to 80 dollars a barrel.thats cheaper than a barrel of unrefined crude oil. are we americans subsidizing oil for puerto rico??
1 person likes this
@ladyluna (7004)
• United States
19 Jun 08
Hello Ddzdvd, I hope that I'm wrong, because I'd sure like to see someone getting a break on fuel. But, if memory serves me, Puerto Rico dispenses fuel per the litre. That would put fuel per gallon somewhere around $6.50/gallon. That is if my rusty memory is remembering correctly about metric/US conversions. Isn't there approx. 3.8 litres to a gallon?
@ddzdvd (361)
• United States
19 Jun 08
hello ladyluna my favorite brain.you could be right but here is one of my references http://money.cnn.com/pf/features/lists/global_gasprices/ . i have others but i am to lazy to go look up and type the web addresses,but they all seem to indicate price in gallons
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@ladyluna (7004)
• United States
19 Jun 08
Hello Ddzdvd, Well, it would seem that you've caught CNN in a big, 'ol snafoo, my friend! You're absolutley right. CNN is listing the price just as you've described. Yet, the following gas station on Escorial Street, in San Juan, Puerto Rico is listing it's regular gasoline at 3.739 AND this is not an updated price. Apparently, gaspricewatch.com is at the mercy of local residents updating them on the changing prices. http://www.gaspricewatch.com/new/default_V3.asp Station: Texaco - Roosevelt Caparra Ave FD Roosevelt Pto Nuevo (Carr 23) @Escorial St San Juan, PR 00926 Amenities: Air (pay), Open 24/7 Prices: Grade Old Prices New Prices Regular $3.739 $9 Mid Grade $?.?? $9 Premium $3.929 I wonder, how might this reflect on CNN overall? (chuckle, chuckle)
@ladyluna (7004)
• United States
19 Jun 08
Oh, and I'd sure appreciate it if someone would let me know if I'm way off base on my metric conversion. Clearly, I'm way off base on my $6.50 guestimate. So, if anyone knows the litre to gallon conversion -- or if Puerto Rico still dispenses fuel per litre, I'd sure appreciate the info! Thanks!
1 person likes this
@cobracar (142)
• United States
24 Jun 08
The only reason I can think of is demand. The one thing that influences prices the most is supply and demand. In America, demand is so extremely high the prices get driven up so fast. I guess they dont have the same demand or possibly taxes there.
@ddzdvd (361)
• United States
25 Jun 08
i was wrong-i didnt read completely my source and i am sorry. i do appreciate your response though