• @[email protected]
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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.

    • @Zippy
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      31 year ago

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

      • @[email protected]
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        11 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.