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The price of gasoline is the same now as it was in June 2008 yet a barrel of oil is a lot less in price compared to 2008 :-/
Avg price of gas: $4.30 a gallon
Price of barrel of oil: $106
Back in June 2008:
Avg price of gas: $4.25
Price of barrel of oil: $185
reference: https://www.macrotrends.net/1369/crude-oil-price-history-chart?source=patrick.net
,
The price of gasoline is the same now as it was in June 2008 yet a barrel of oil is a lot less in price compared to 2008 :-/
Avg price of gas: $4.30 a gallon
Price of barrel of oil: $106
Back in June 2008:
Avg price of gas: $4.25
Price of barrel of oil: $185
reference: https://www.macrotrends.net/1369/crude-oil-price-history-chart?source=patrick.net
,
The price of gasoline is the same now as it was in June 2008 yet a barrel of oil is a lot less in price compared to 2008 :-/
The price of gasoline is the same now as it was in June 2008 yet a barrel of oil is a lot less in price compared to 2008 :-/
Avg price of gas: $4.30 a gallon
Price of barrel of oil: $106
Back in June 2008:
Avg price of gas: $4.25
Price of barrel of oil: $185
reference: https://www.macrotrends.net/1369/crude-oil-price-history-chart?source=patrick.net
,
What we get, for what we pay, gasoline is very cheap, - Bargain of The Millenia.
Even at $20 per gallon, a super cheap bargain. At $20 per gallon, it's a dollar per mile in a modest 20 mpg vehicle. A dollar a mile to haul a load of groceries, chauffeur a minivan load of kids to school or sports practice; take seniors to their appointments. Even a bargain at $20 per gallon.
What a load of shit.
“The oil and gas industry, in addition to trying to seize this moment for all the profits it can squeeze, is trying to lock in another generation of extraction emissions,” he says.
The price of gasoline is the same now as it was in June 2008 yet a barrel of oil is a lot less in price compared to 2008 :-/
Avg price of gas: $4.30 a gallon
Price of barrel of oil: $106
Back in June 2008:
Avg price of gas: $4.25
Price of barrel of oil: $185
Even at $20 per gallon, a super cheap bargain. At $20 per gallon, it's a dollar per mile in a modest 20 mpg vehicle. A dollar a mile to haul a load of groceries, chauffeur a minivan load of kids to school or sports practice; take seniors to their appointments. Even a bargain at $20 per gallon.
Looking at the amount of vehicles on the roads right now and summer driving just about to get rolling with Memorial Day weekend demand is not off that much.
It is true.
And soon thereafter the public will be outraged over the condition of their roads, highways etc. when tax revenues for such things disappear.
Learn some fucking economics. $1/mile transportation fuel costs are NOT cheap. NOT a bargain. Esp when they were just 50 cents or so a few years ago.
$20 gasoline would effectively kill large cities. I can't remember exactly where I came across the article (probably hacker news), but the gist was that cities can only grow as large as it takes to traverse them within a given amount of time.
What did people do before they had automobiles with affordable liquid fuels?
What they did, is they did without. That is, rural folks rarely left the farm or the hollar. City folks only went places they could walk to, and any travel between cities was done by rail.
Seems to me that large cities would be the eventual beneficiary of very high gasoline prices. The largest cities in the world are in China and India, two places where only a small percentage of people have personal automobiles. High fuel costs will push almost everyone to abandon their cars, especially in large cities. Without cars, residents will be more open to public transportation, especially rail transportation. With everyone using public transportation, those modes of travel will be safer and better — unlike many systems in the US where only the poor are forced onto public transportation. So: fewer cars -> better public transportation -> still fewer cars -> even better public transportation. That positive feedback loop could rapidly transform US cities and make them more livable and more dense than ever.
$20 gasoline would effectively kill large cities. I can't remember exactly where I came across the article (probably hacker news), but the gist was that cities can only grow as large as it takes to traverse them within a given amount of time. Absent automobiles, and without massive public infrastructure like trollies, buses, and light rail, the cities must shrink. It could be enough to undo the global urbanization trend.
Not only that, but DooDah was commenting on my post about increased taxes affecting the accuracy of comparisons between price of gasoline in 2008 verses 2022 verses the price of oil at those times. Stating the use of the tax revenue or effect of taxes on the public has nothing to do with my point.
DooDahMan saysAnd soon thereafter the public will be outraged over the condition of their roads, highways etc. when tax revenues for such things disappear.
I see that it is Ignorance Celebration Day on PatNet.
The FUCKING gas taxes did not go to road repair. Congress and the State legislatures RAIDED those revenues for decades. Had they not, we'd have enough money in those funds to pay for entire replacement of the interstate highways 3 - 4 times over.
Instead, we get ever increasing gas taxes and ever increasing pot holes.
What did people do before they had automobiles with affordable liquid fuels? That's a quite recent phenomenon in the history of urban civilization.
(Sorry, bubbas).
I kind of want to see a starvation event so you can see your own ignorance.
Which part of my post was ignorance?
With everyone using public transportation, those modes of travel will be safer and better — unlike many systems in the US where only the poor are forced onto public transportation.
I have ZERO contempt of "country bumpkins", I hate a lot of contempt for the "top of society".
Not only that, but DooDah
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