February 27, 2012

Gas Prices in Bay Area

Look at the prices of gasoline in California now. Back in summer 1992 when I was studying at University in Texas, the regular (87) gas was 99 cents per gallon. What a big difference between now and then!

Actually after the calculation, the price in California now is just the same as Taiwan ( 4.49 USD/ Gallon= 33.7 NTD/ Liter) What does that mean? We are paying the same price as Americans do, but their average  income is three times more than us. And CPC is claiming they are having deficits selling gasoline in Taiwan. What the heck!

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