A Gallon of Gas Now Costs More Than the Federal Minimum Wage in These Cities
That Florida average is the same as oil-producing Alberta (with Trudeau carbon tax), $1.20 US per liter.
https://intellectualtakeout.org/2022/05/a-gallon-of-gas-now-costs-more-than-the-federal-minimum-wage-in-these-cities/
Last week, for the first time ever, gas prices topped $4 in every single state. On Wednesday, Florida hit a new record high—$4.57 a gallon. That’s a lot, but it pales in comparison to California, where the average price per gallon was $6.06 as of Monday. In some parts of the Golden State, however, prices are even much higher.
Chevron at 901 N. Alameda St. in Los Angeles: $7.83 a gallon
Chevron at 51557 US-395 in Lee Vining: $7.39 a gallon
Chevron at 712 North CA-127 in Shoshone: $7.39 a gallon
Shell at 453 Main St. in Bridgeport: $7.39 a gallon
Valero at 377 Main St. in Bridgeport: $7.35 a gallon
Mobil at 8489 Beverly Blvd. in Los Angeles: $7.29 a gallon
Shell at 51424 US-395 in Lee Vining: $7.29 a gallon
Mobil at 22 Vista Point Drive in Lee Vining: $7.29 a gallon
Chevron at 3600 Alameda Drive in Menlo Park: $7.25 a gallon
Many people would look at the figures above and come to a simple conclusion: the federal minimum wage needs to be increased!
Unfortunately, it’s precisely that kind of economic thinking that landed Americans with $7.25 gasoline.
The urge to mandate “good” things and ban “bad” things is at the root of many of the greatest problems facing America today. Both of these actions share a common, unwelcome bedfellow: unintended consequences.
Similarly, when politicians kill oil pipelines, restrict fracking, cancel drilling leases, and pass a slew of energy regulations that can hardly be counted, the intended consequence is (sort of) clear: less reliance on fossil fuels. The unintended consequences, however, are painful: higher energy prices.