• Zippy@lemmy.world
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      1 year ago

      People lose their minds in the US when gas was above 5 dollars a gallon. Nothing to do with shareholders but you and me wanting our cheap prices and products.

      • shortwavesurfer
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        1 year ago

        Actually, as of right now gas would be $4.90 average because of oil prices if it werent for the ~20% gas subsidy the government has in place. A barrel of oil makes ~19 gallons of gas and is ~$94/barrel. So $94/19 = $4.947 rounded up to $4.95.

          • shortwavesurfer
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            1 year ago

            I am honestly not sure as i havent looked, but it should be ~20% higher than it is. I doubt gas stations are selling it at a 20% loss.