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$.
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[ 2.5 ms ] story [ 26.9 ms ] threadWe don't have cool trains and double-deckers that you guys are accustomed to. Different can of worms, I know. Our own doing.
1 USgal is 3.78L, and so US$ 4/gal is a little under $1/L. Convenient comparison page:
* https://www.globalpetrolprices.com/gasoline_prices/
That's dirt cheap.
Ohh wait…
I suspect the price will be directly subsidized to keep folks happy. Since we’re in wacky world this subsidy will be inconsistent depending on where you are.
Blue States will be left with gas going to 6$ or more and Red States will probably have prices subsidized down to 4$.
Oh wait.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W...
Also will be interesting what happens when the SPR runs out.
[1] - https://thehonestsorcerer.substack.com/p/the-oil-price-myste...