this post was submitted on 19 Jan 2024
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Electric Vehicles

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Gasoline is cheap right now — but charging an EV is still cheaper (grist.org)
submitted 9 months ago by [email protected] to c/[email protected]
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[–] [email protected] 3 points 9 months ago

Though it was even cheaper in the past, gasoline today is still VERY cheap in the US because the US has one of the lowest fuel taxes in the developed world. Economists, right and left, love the gas tax because driving incurs so many negative externalities.

Incidentally, this is one reason why roads and bridges are falling apart in such a rich country. The fuel tax pays for infrastructure and it is way too low.