FACeTS of Madeira

News and Views related to the work of Ed and Abbie Potter, Baptist missionaries on the island of Madeira, Portugal since 1976.


 


Funchal Baptist Church
Rua Silvestre Quintino de Freitas, 126
9050-097 FUNCHAL
Portugal
Tel: 291 234 484

Sunday Services
English 11:00 a.m.
Russian 4:00 p.m.
Portuguese 6:00 p.m.
Ask the Tourist Office or Hotel Reception for map or directions.

Monday, July 09, 2007

It Only Hurts When I Think About It

I have just performed my weekly painful duty. It becomes more painful when expressed in the following formula:

(3.75*a)* b = c
c*(d/3.75) = ouch

where:
a = price per liter of gasoline in euros (€)
b = current exchange rate US$ to €
c = price per gallon of gasoline in dollars
d = liters to fill tank at station
ouch = cost in dollars to fill tank

The price per liter continues to go up and the value of the dollar against the euro continues to fall, meaning that each euro spent represents more dollars. When I saw the latest price hike at the station, I decided to see what that comes to in dollars/gallon, at the current dollar rate. The final value of c was $7.48/gallon for 98 octane.

So when I fill up now, I go for the cheap gas (95 octane). It's a bargain at $6.80 a gallon, and this week I filled up for under $70... $69.61 (Ouch)

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