My old friend Jeff moved to England to get his final sheep skin–a doctorate degree. He tells me that the price of gasoline (“petrol”) now averages £1.09 GBP per liter in the Thames Valley, and that he has seen it advertised for as much as £1.50 GBP/liter out on the highways. At current exchange rates, £1.50 GBP equals $2.97 USD. Now, multiplying liters to US gallons (x 3.785) that equates to a heart-stopping $11.24 USD per gallon. Ouch! (For comparison, I most recently paid $2.98 per gallon, locally, but I’ve seen it as high as $3.05) OBTW, Jeff mentioned that SurvivalBlog readers in England might want to get an account at PetrolPrices.com. It is a price aggregator for all of the UK.You can find local prices by entering your postal code.
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Ranger Man posted a great article on cast iron cookware over at the SHTF Blog: Cast Iron is the Ultimate Survival Cookware
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From The New York Times: The Buck Has Stopped. (A hat tip to Manky for sending us that link.)
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Hardly a news flash for SurvivalBlog readers: Gold Beats Financial Assets as Investors Seek Haven