3 ms·

I'm astonished at that graph. Jet fuel is more expensive than normal petrol ("gas") right? So, if it's $5 a gallon in the US for Jet Fuel, in the UK for petrol

I'm astonished at that graph. Jet fuel is more expensive than normal petrol ("gas") right? So, if it's $5 a gallon in the US for Jet Fuel, in the UK for petrol you'd pay roughly £6.10 for a gallon of normal car fuel[1] which is like $9.60 . Seriously? it's cheaper to fuel a private jet in the US than a car in the UK? [1] estimated from http://www.petrolprices.com/search.html?search=London%2C+Middlesex http://www.petrolprices.com/search.html?search=London%2C+Mid... based on the cheapest price in London. Prices quoted are for 1 Litre.

ordinary 13y ago
This might interest you: http://www.bloomberg.com/visual-data/gas-prices/20133 http://www.bloomberg.com/visual-data/gas-prices/20133
pjc50 13y ago
The cost of UK fuel is mostly tax. Jet fuel is tax-free by international treaty, I believe (treaty of Rome?)
- chiph 13y ago
  Yep. The US (and California especially, because of their unique blend) actually pays a little more for the fuel itself than UK consumers. It's only a few cents a gallon, but it reflects our higher transportation costs (it has to be shipped further from the refinery to the local gas station). The major difference is in the taxes.
- tehwalrus 13y ago
  I know - I didn't see the difference so clearly before. Wow, really? "no, you shouldn't drive your car everywhere, bad citizen. hey, you with the private jet - have a tax break!" -- sounds unpopular / depressingly likely.
- andrewpi 13y ago
  Jet fuel is definitely not tax free.
  - pjc50 13y ago
    Ah, you're right; misreading of http://ec.europa.eu/taxation_customs/taxation/excise_duties/energy_products/aircraft_fuel/index_en.htm http://ec.europa.eu/taxation_customs/taxation/excise_duties/... - it's only tax-free within the EU.
josephlord 13y ago
Your numbers are a little off as Imperial (UK) Gallons are 20% bigger than US ones although it doesn't massively detract from your main point.

ordinary 13y ago

This might interest you: http://www.bloomberg.com/visual-data/gas-prices/20133 http://www.bloomberg.com/visual-data/gas-prices/20133

pjc50 13y ago

The cost of UK fuel is mostly tax. Jet fuel is tax-free by international treaty, I believe (treaty of Rome?)

chiph 13y ago
Yep. The US (and California especially, because of their unique blend) actually pays a little more for the fuel itself than UK consumers. It's only a few cents a gallon, but it reflects our higher transportation costs (it has to be shipped further from the refinery to the local gas station). The major difference is in the taxes.
tehwalrus 13y ago
I know - I didn't see the difference so clearly before. Wow, really? "no, you shouldn't drive your car everywhere, bad citizen. hey, you with the private jet - have a tax break!" -- sounds unpopular / depressingly likely.
andrewpi 13y ago
Jet fuel is definitely not tax free.
- pjc50 13y ago
  Ah, you're right; misreading of http://ec.europa.eu/taxation_customs/taxation/excise_duties/energy_products/aircraft_fuel/index_en.htm http://ec.europa.eu/taxation_customs/taxation/excise_duties/... - it's only tax-free within the EU.

josephlord 13y ago

Your numbers are a little off as Imperial (UK) Gallons are 20% bigger than US ones although it doesn't massively detract from your main point.