US gas prices hit an average of $4 a gallon again

petcat

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.

throw8394498383

It should be $200 per gallon, we need to reduce depenency on petrol!

accountofthaha

That is 0.923 Euros a Liter according to Google. That's dirt cheap.

hnfong

Still cheaper than Cola

inigyou

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.

999900000999

Good thing we have a subsidy to encourage people to buy EVs. Ohh wait… I suspect the price will be directly subsidized to keep folks happy. Since we’re in wacky world this subsidy will be inconsistent depending on where you are. Blue States will be left with gas going to 6$ or more and Red States will probably have prices subsidized down to 4$.

amelius

As long as memory prices stay low. Oh wait.

master_crab

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...

impure

Snatching defeat from the jaws of victory. Also will be interesting what happens when the SPR runs out.

ambientenv

A somewhat related discussion on this topic [1]. [1] - https://thehonestsorcerer.substack.com/p/the-oil-price-myste...