Remix.run Logo
perilunar 20 hours ago

That's US$1.42 per litre for those who don't do gallons.

(still cheap — it's more than double that where I am)

bdangubic 20 hours ago | parent [-]

yea but we have a $1 trillion dollars defense budget which is supposed to defend against high diesel prices :)

perilunar 19 hours ago | parent | next [-]

The US defence/war budget could be paid entirely out of gasoline and diesel taxes:

$962 billion / 186 billion gallons = $5.17 per gallon ($1.37 per L)

which would double the price, but still pretty cheap

If we were to price in all the externalities of fossil fuels into the retail price it would be a lot more expensive. It's still way too cheap.

bigbadfeline 5 hours ago | parent [-]

"Make war and taxes, not energy" - the new "conservative" hippies or something.

pseudohadamard 17 hours ago | parent | prev [-]

Or, in this case, cause high diesel prices. It's a... I guess that'd make it a lose/lose, wouldn't it?