12-16-2023, 12:26 PM
|
Sage
|
Join Date: Dec 2012
Location: Somewhere over the rainbow
Posts: 12,667
Thanks: 6,442
Thanked 5,031 Times in 2,520 Posts
|
|
Quote:
Originally Posted by biker1
Actually, the equivalent value was $17.33 per gallon, not per mile. I believe a lot of this cost was associated with Government subsides. The Government, for better or worse, subsides a lot of things, including your mortgage, if you have one. Regardless, I haven't looked into the assumptions that went into this number and whether they were realistic. Confirmation bias is something to avoid.
|
Oil companies get subsidies cause federal and state governments make more on gallon of gas than the companies producing it. They don’t want don’t want knock the gravy train off tracks.
|