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Climate protesters around the world are calling for an end to fossil fuels as Earth heats up (apnews.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 1 year ago* (last edited 1 year ago) (1 children)

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.

[–] [email protected] 3 points 1 year ago (1 children)

What subsidies are on gas? I never seen that. Even worse if true.

[–] [email protected] 1 points 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.