Monday, September 08, 2008

Is Gas Really This Expensive?

Kerri and I have heard a lot lately about the rising gas prices back in the States and I have to admit that because gas here is distributed in liters and sold in Kwacha, I never realized just how expensive it has gotten here.  As you can see on this picture, Unleaded is 9495 Kwacha per liter and Diesel is 8350 Kwacha per liter.  

Curious what the equivalent was in U.S. dollars, I did some conversions.  I converted liters to gallons and Kwacha to US Dollars (based on recent exchange rates).  When I multiplied everything out, I was quite shocked.  Regular Unleaded is selling here for $10.13 per gallon and Diesel is selling for $8.91 per gallon.  So, remember that even though prices are rising to levels never seen before, it can always be worse.

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