51–60 of 118 posts
Crazy how cheap gasoline is in USA. $4 is still basically half as much as anywhere in Europe even when there isn't a war.
Americans also drive A LOT more than Europeans on average, and generally (is my suspicion at least) with a lot bigger/less efficient engines
I wonder what happens to that gas price once the SPR can no longer be drawn from? https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W...
It should be $200 per gallon, we need to reduce depenency on petrol!
Make $200 per gallon of diesel? This has the potential to collapse entire economies. Shipping will be more expensive, which will in turn make everything more expensive. Food will be more expensive too, tractors use diesel. Few things don't depend on diesel at some point or another.
Tax only the fuel used by cars? Many people still need their car to work, not every job can be remote, at $200 a gallon, you may as well quit, unless you get paid the difference, which again will increase the price of things.
Maybe a few decades from now, if could be $200 a gallon without breaking everything, but certainly not now.
It should be $200 per gallon, we need to reduce depenency on petrol!
They can keep taxes on refined petroleum products low in order to not destroy the present economy, while simultaneously fostering a budding renewable energy industry. USA is the second largest producer of renewable energy in the world behind only China. California + Texas by themselves rank 6th in the world.
Earlier quoted context omitted.
It's cheap but you also travel a lot in the US. Specially in the southern states because everything is so far. Anecdotal reference, my children's school is roughly 3 miles, so I spend a gallon of gas every day with 2 round-trips. That number was zero in Netherlands because all schools are either walkable or bike able. Supermarkets and restaurants are 5 miles away easily. Heck, my neighbor (door to door) is 0.4 miles.
3 miles is less than 5km. Perfectly fine by bicycle. Oh wait.. I guess you have too much freedom and no infrastructure other than highways so you gotta drive and burn all the fuel, time and money.
Whatever shortcomings there are in US society, it's not perfect in the EU either. That US freedom and infrastructure looks OK to me.
Where are they getting it? Four weeks ago, the president said that in four weeks the country would run out of oil. Russia already ran out of gasoline.
Earlier quoted context omitted.
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I suggest you not lookup the difference in price between an iPhone in the EU vs the US, then...
Where are they getting it? Four weeks ago, the president said that in four weeks the country would run out of oil. Russia already ran out of gasoline.
A bit of exaggeration there.