Tuesday, January 27, 2015

You Think $1.69 Is Cheap For Gas? Try $0.002 A Gallon!

I filled my car's gas tank last night for less than $30, with the price being $1.69 a gallon. Cheap, right? At least compared to what we're used to. Well that is expensive to some people. In Venezuela, gas now costs about 0.2 cents (1/5th of a penny) per gallon. To put it in perspective- you cold buy 482 gallons of gas there for a dollar. So why so cheap? Bloomberg.com takes a look at the economy there and why gas is why less expensive than other parts of the world. And why it may not be for much longer.
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About SRTC

SRTC is the federally designated Metropolitan Planning Organization (MPO) for Spokane County. Urbanized areas with populations exceeding 50,000 people are required to have an MPO. SRTC was formed to address the county's transportation planning needs. It provides coordination in planning between the public, cities, small towns, the county, the state, transit providers, and tribes.

SRTC offers services including transportation monitoring, transportation modeling, census information analysis, travel demand forecasting, historical traffic count analysis, geographic information systems, and trip generation rates.