Originally Posted by
tomokc
I just returned from London where the price for regular unleaded is 1.389 GBP per litre, or roughly $8.25 per gallon. The cars you find in central London are typically very expensive, ranging from Mini Countryman subcompacts to legendary supercars (Lambos, Ferraris, Bentleys and Maybachs). People economize by riding lots of motorcycles, scooters and bicycles - even in the rain - and of course the Metro is packed during rush hours.
The UK economy is doing well, mostly attributed to phase 2 of a "Help to Buy" scheme that has resulted in a terrifying real estate bubble across the country, but especially frightening in London. It probably won't end well, but that's another thread topic, and unrelated to the price of gas or how we'll fund roads in the US. Their gasoline price 2x ours hasn't affected their economy - it has affected the behavior of their citizens.
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