Report: Gas prices in Finland to soar above $9 per gallon

Us Americans typically complain when gasoline prices begin to rise, but at the current U.S. average of $3.09 per gallon, fuel here is a raging bargain. At least, it is if you compare to what drivers pay over in Finland. Even though some reports suggest gas will go over $5 a gallon in the U.S. in 2012, a liter of E10 gasoline over in Finland is expected to soar to 1.80 euros by the end of the upcoming summer. What does that mean in U.S. measurements? About $9.13 per gallon. Yeah.
In the UK, prices have already spiked to more than $7.30 a gallon. With gasoline prices on the rise, we'd expect to see a boost in sales of hybrid and other fuel efficient vehicles, but the unpredictable cost of fuel, which could drop back down at any moment, makes many potential car buyers reluctant to switch over to alternative energy automobiles. Hat tip to Mike!

[Source: Kauppalehti.fi via Google Translate | Image: Kari_Marie – C.C. License 2.0]

Share This Photo X