Snatching defeat from the jaws of victory.
Also will be interesting what happens when the SPR runs out.
US gas prices hit an average of $4 a gallon again
61–70 of 118 posts
Re: US gas prices hit an average of $4 a gallon again
#62Earlier quoted context omitted.
For context, the US is the top oil producer in the world. I also don’t know what you’re trying to say, none of the money you spend on gas goes to politicians
Its an international market, so that doesn't mean much. US producers can sell their product where they want. Its mainly taxes making it more expensive.
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Re: US gas prices hit an average of $4 a gallon again
#63Crazy how cheap gasoline is in USA. $4 is still basically half as much as anywhere in Europe even when there isn't a war.
There's a Jevons Paradox type thing where they ended up spending roughly the same to travel a mile due to Japan or the EU pushing for efficiency due to needing to import the fuel (might be visible in California too due to them fighting their geography that causes smog). Possibly the EU is pulling ahead on price per mile now with the shift to EVs.
Wait until you hear about German electricity prices...
(household elec is about 30-35c/kWh, public charging stations for electric cars often charge 60-70c/kWh, no joke, although I think some vendors now offer 40c charging with a subscription)
Re: US gas prices hit an average of $4 a gallon again
#64Re: US gas prices hit an average of $4 a gallon again
#65A somewhat related discussion on this topic [1].
[1] - https://thehonestsorcerer.substack.com/p/the-oil-price-myste...
Re: US gas prices hit an average of $4 a gallon again
#66Earlier quoted context omitted.
In metric, 19.2km of driving burns 4.5 litres of petrol? Is that right? That seems absurdly high even for a large ute.
He must take his kids to school on a 18-wheeler.
I believe semi-trucks are more like 7-9 mpg, but diesel and gasoline have different energy levels, so it's not an exact comparison.
Re: US gas prices hit an average of $4 a gallon again
#67Earlier quoted context omitted.
There's a Jevons Paradox type thing where they ended up spending roughly the same to travel a mile due to Japan or the EU pushing for efficiency due to needing to import the fuel (might be visible in California too due to them fighting their geography that causes smog). Possibly the EU is pulling ahead on price per mile now with the shift to EVs.
Wait until you hear about German electricity prices... (household elec is about 30-35c/kWh, public charging stations for electric cars often charge 60-70c/kWh, no joke, although I think some vendors now offer 40c charging with a subscription)
Those household prices should still put a German EV substantially ahead of the average new US vehicle in fuel cost per mile.
If they did all their charging at 70 they'd probably lose on cost to a US car (or a German diesel) but be equal to a German petrol car.
I think Germany has a cultural thing with smart meters which are mandatory for the ultra cheap charging available in many EU countries but it appears that you can get still those rates in Germany and pay about half what you quote, expanding the gap with the average US cost per mile.
Re: US gas prices hit an average of $4 a gallon again
#68As long as memory prices stay low. Oh wait.
The price increases will continue until morale improves.
Re: US gas prices hit an average of $4 a gallon again
#69Crazy how cheap gasoline is in USA. $4 is still basically half as much as anywhere in Europe even when there isn't a war.
Driving isn't nearly as important in Europe though. American households spend 16% of their income on transportation, while European 11% on average. https://itdp.org/2024/01/24/high-cost-transportation-united-... In absolute numbers the gap is considerably wider due to differences in salaries. And all that while cars and fuel are significantly cheaper in the US. In the co-working space I rent there are around 50 parki…
The majority (60-70%) of Europeans still commute by car. Distances might be shorter and their cars might use less fuel but on the whole its still more appealing option for most people (despite quite a few countries trying to actively change it by making it more expensive and leas convenient).
https://ec.europa.eu/eurostat/statistics-explained/index.php...
Re: US gas prices hit an average of $4 a gallon again
#70Earlier quoted context omitted.
There's a Jevons Paradox type thing where they ended up spending roughly the same to travel a mile due to Japan or the EU pushing for efficiency due to needing to import the fuel (might be visible in California too due to them fighting their geography that causes smog). Possibly the EU is pulling ahead on price per mile now with the shift to EVs.
Wait until you hear about German electricity prices... (household elec is about 30-35c/kWh, public charging stations for electric cars often charge 60-70c/kWh, no joke, although I think some vendors now offer 40c charging with a subscription)
That’s what I pay in Connecticut for electricity. I believe most of New England and California are in the price range.
I’ve got a Prius Prime and only at around $4+ a gallon does it start to become cheaper to charge than just use gas since the gas engine is so efficient.