Ours is $2.85 this morning. Once Biden saw the uproar over the $5 price, he saw the midterms going all "R". That's what really prompted use of the Strategic Reserve.
Where are you, that it's still $5?
Broadly, every form of energy costs what the government says it does. What else explains the huge variation among countries? They all buy oil and refined products from the same suppliers, and everybody uses the "Petrodollar" to buy it.
Anecdotal example: Gasoline in S. Korea has been almost the same price ($5-6/gallon) for the last 30 years. Oh, and diesel is cheaper.
IMHO the reason 'gasoline' is cheaper than diesel in the US is because more proles buy it. Therefore more people (votes) are hoodwinked by "gasoline-price stability" than the number who can actually make the connection with...
"the cost of diesel-> price of everything brought on a truck."
Here's another little-discussed shenanigan: The price-ratio in the US between diesel and gasoline is totally artificial. Diesel is literally nearer to "the bottom of the barrel" in the refining process as shown here.
In much of the rest of the world diesel is cheaper than gasoline at the pump.
"We" are seeing (some) of this: It's the reason gas prices have dropped back to 'normal'.
Also, it's being used to stiffen European spines so they "won't cave-in to Putin" (we'll see how that works out).
Ours is $2.85 this morning. Once Biden saw the uproar over the $5 price, he saw the midterms going all "R". That's what really prompted use of the Strategic Reserve.
Where are you, that it's still $5?
Broadly, every form of energy costs what the government says it does. What else explains the huge variation among countries? They all buy oil and refined products from the same suppliers, and everybody uses the "Petrodollar" to buy it.
Anecdotal example: Gasoline in S. Korea has been almost the same price ($5-6/gallon) for the last 30 years. Oh, and diesel is cheaper.
IMHO the reason 'gasoline' is cheaper than diesel in the US is because more proles buy it. Therefore more people (votes) are hoodwinked by "gasoline-price stability" than the number who can actually make the connection with...
"the cost of diesel-> price of everything brought on a truck."
Here's another little-discussed shenanigan: The price-ratio in the US between diesel and gasoline is totally artificial. Diesel is literally nearer to "the bottom of the barrel" in the refining process as shown here.
In much of the rest of the world diesel is cheaper than gasoline at the pump.