In the middle of the night, needing to put gas in my car, I ended up paying over $4 per gallon for the first time that I can recall. I was unpleasantly bothered by that fact.
Rewind a few years back, and I used to pay nearly £5 per gallon while living in the UK. During the height of the exchange rate imbalance, that translated to roughly $10 per gallon. Furthermore, expressed as a percentage of my salary, every £5 gallon of gas took roughly twice as much a bite out of my earnings than every $4 gallon I’m buying now.
And yet, I do not recall being bothered by high fuel prices in my three years in Europe.
I wonder why. What is so different in my mindset now, compared to then, that a relatively smaller outlay bothers me so much more?