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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.

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California also has its own minimum wage at 14 dollars an hour and that will go to 15 next year.

Also, what folks don't realize is is that very few actually even make that minimum wage. You can complain the federal MW is still around 7 dollars, but its very hard to find a job that pays under 10 dollars an hour these days.

I'm by no means a fan of our former President George W. Bush, but while he was President he wanted to start drilling here in the US to get us off foreign oil. I'm sure Dick Cheney had a hand in that as well. Had the Democrats just went along with that things would be a lot different in 2022. And having our own oil doesn't mean we dismiss other forms of power. Most automobiles are still gas powered and will be for a long time. So, we clearly still need that oil.

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So now with the wage increase the stations will increase gas to about $10 to pay the wages.

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I doubt that. Gas stations generally already work on a skeleton crew. Items in the gas station like drinks and snacks will go up, but the oil industry will still set pump prices on gas.

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