Comment on 👴☝️I did that

Codpiece@feddit.uk ⁨6⁩ ⁨hours⁩ ago

• GirthBrooksPLO@lemmy.world ⁨6⁩ ⁨hours⁩ ago

  Because the US is the largest exporter of petroleum products in the world.

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  • Hapankaali@lemmy.world ⁨5⁩ ⁨hours⁩ ago

    Norway exports far more than they use, and petrol prices there are among the highest in the world.

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    • GirthBrooksPLO@lemmy.world ⁨5⁩ ⁨hours⁩ ago

      That is a policy decision. In places like Saudi Arabia, gas is cheaper than water.

      Norway, correctly, invested more into EVs, and high gas prices encourage that.

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    • Kirp123@lemmy.world ⁨5⁩ ⁨hours⁩ ago

      US fuel is heavily subsidized compared to the rest of the world.

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  • BooBees@fedinsfw.app ⁨5⁩ ⁨hours⁩ ago

    And assholes, but I saw a pack of hotdogs for 10 bucks today here in Oklahoma

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• exasperation@lemmy.dbzer0.com ⁨4⁩ ⁨hours⁩ ago

  There was a Planet Money episode that broke down where the $4/gallon went in 2022:

  $2.40 for the price of crude oil when priced at $100/barrel.

  $0.65 to the refiner that turns crude oil into gasoline (this was the prevailing spread in 2022, maybe different now).

  $0.184 in federal taxes

  $0.30 in state taxes

  $0.20 to $0.50 for transportation from the refiner to the actual retail station.

  Remainder is for the retailer (usually about $0.30 but fluctuates wildly).

  That’s how it is in the U.S. In other countries, it might be higher taxes, higher cost of refining, higher costs of transportation from the refiner, and higher margins for the retailer.

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• SubArcticTundra@lemmy.ml ⁨3⁩ ⁨hours⁩ ago

  Political choices and lobbying

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• kn33@lemmy.world ⁨6⁩ ⁨hours⁩ ago

  Low taxes, high production, and government corn subsidies.

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• tormeh@discuss.tchncs.de ⁨6⁩ ⁨hours⁩ ago

  Probably before VAT.

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  • kn33@lemmy.world ⁨6⁩ ⁨hours⁩ ago

    Nope. Gas pumps are one of the only places in the US where the price as displayed includes taxes.

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    • Codpiece@feddit.uk ⁨6⁩ ⁨hours⁩ ago

      Because otherwise it would just be confusing? So let’s have two systems instead.

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      • TropicalDingdong@lemmy.world ⁨6⁩ ⁨hours⁩ ago

        I mean if the US could get away with a more confusing system it would

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• brap@lemmy.world ⁨5⁩ ⁨hours⁩ ago

  I was thinking that. Hot fuck is that cheap.

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  • Codpiece@feddit.uk ⁨5⁩ ⁨hours⁩ ago

    I guess there has to be something positive about the country.

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  • bandwidthcrisis@lemmy.world ⁨5⁩ ⁨hours⁩ ago

    I can’t tell if you’re from outside the US, or from California.

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    • brap@lemmy.world ⁨4⁩ ⁨hours⁩ ago

      Ha. But am outside, and an online calculator says the price here converts to $9.08 a gallon for diesel. And that’s cheaper than it’s been recently.

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