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Oil hits record $100 a barrel

The £5 gallon can't be far off. And to think I started my motoring days with petrol at just 4s/6d a gallon (22.5 pence).



UPDATE: Looks like the $100 barrel was the result of a prank. Even so the cost of petrol is now 20 times what it was when I started driving but then the average house back then only cost £3,840 and a MK ll Cortina was £740. I think I was earing about £14 a week at the time (quite a hike from the £5 a week I had started on two years earlier!) and driving a van which had cost £11 at auction.