On one hand
It seems really stupid for me to complain about gasoline prices since we, the American public, pay less for gas than those in just about any other country. The reason? Mainly the low federal tax, about 12% in the United States versus 40%, 50%, and higher around the world. Here I am, about to complain, when the price of gas per gallon is barely more expensive than a gallon of milk or soda, and only twice as expensive as the cheapest bottled water.
On the other hand
I’m less upset about the overall average price compared to the rest of the world than I am the disparity of pricing around the United States. According to various reports in the media, the average price of gas per gallon in the United States is around $1.65, yet the price at the pump in the Bay Area has been around $2.10. That’s almost 30% higher than the average. Odds are, assuming a smooth statistical bell curve, some yahoo in Kentucky is paying only $1.20.
None of it seems very fair, does it?
Thanks to GasBuddy, there’s no more guesswork and — judging by prices from the previous twelve months — the low-paying yahoo was more likely to be in New Mexico, not in Kentucky.