alt Hacker News> and you'd think, well, how expensive the gas then? And it's about $4 per gallon. So, just like I said - the "cheap" American gas is comparable to the most expensive gas in modern history of Russia.
You have completely missed the point. The gas is cheap due to the government forcing it to be.
If the prices were set by the free market, it would not be $4 per gallon with shortages causing lines to stretch 10 hours long.
Russia also has 1/3 the median household income of the US. So in parity adjusted dollars they’re paying something closer to 3X as much as you for gas. Not the same amount.
Yes, that's why I mentioned all that - the parity and it not being the same amount. But I stand corrected - my initial claim of "US gas is not cheap" was incorrect. I just needed to look up "How US gas prices compare to the global average" and the answer is "significantly cheaper". I apologize for wasting your time. I got distracted by what's going on in Russia in the context of gasoline pricing.