Average U.S. retail gasoline prices crossed $3 a gallon for the first time since November on Monday as the conflict in the Middle East worsened, setting up a key test of public approval of President Donald Trump’s decision to attack Iran, analysts said.
Tehran’s retaliation in response to U.S. and Israeli strikes has disrupted global oil supply, as it hit production facilities in neighboring countries and ships in the Strait of Hormuz, a key global trade route. Oil prices have surged, with Brent crude rising more than 5% to nearly $77 per barrel, and fuel prices moving up in tandem with the feedstock costs.
Yeah, but you guys pay more because it includes taxes which go towards things like health care. We pay way more when you take into account what we don’t get.
US has gas taxes pay for roads.
In theory, but the gas tax isn’t anywhere near high enough for that so most of the money ends up coming from property taxes which ironically also aren’t high enough in the suburbs so they siphon money away from citities to pay for it