US Diesel prices surpass $5.38
truckingdive.com
truckingdive.com
(still cheap — it's more than double that where I am)
$962 billion / 186 billion gallons = $5.17 per gallon ($1.37 per L)
which would double the price, but still pretty cheap
If we were to price in all the externalities of fossil fuels into the retail price it would be a lot more expensive. It's still way too cheap.
I’m aware that the diesel price in the us always has been quite low in contrast to Europe, but still I don’t see the issue.
Same way restaurant employees in Germany have a salary, but 80% of US restaurants would close immediately, if their "associates" would not have to survive on tips...
Unfortunately those aren't made at McDonald's or at any other fast service establishment. In other words they are neither fast nor cheap to build.
If we exclude local commute, the US has a pretty good transportation system, as it is, road transport is indispensable in this mix, at least for now. It would make more sense to convert cars to EV's and use the saved fuel for trucks than to redo the transportation system.
Flippant transit-signaling to say "just build railways." The people eating shit for diesel prices have little power to do so lol.
You can cope paying 50$ month per month in diesel if you drive that much.
But at the scale of logistics companies, often tied to fixed pricing it's a tragedy.