this post was submitted on 11 Mar 2026
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[–] BarneyPiccolo@lemmy.today 76 points 14 hours ago (3 children)

A year from now, after we've been paying $5 a gallon for gas, we'll find out the oil companies had the biggest record profit year in their history. Then they'll announce layoffs.

[–] 8uurg@lemmy.world 2 points 4 hours ago

Here in the Netherlands it is 2.08€/L (9.10 U.S. dollars / US gallon) at its cheapest and 2.48€/L (10.84 U.S. dollars / US gallon) at its most expensive. While a lot of that is taxes, we are well past that mark.

[–] Vlyn@lemmy.zip 2 points 5 hours ago* (last edited 5 hours ago) (1 children)

Cute, in Austria it's at 7€ now, Germany is higher. But we don't drive gas guzzling tanks.

[–] Eril@feddit.org 3 points 5 hours ago

Hitting 8€ in Germany now, which apparently is 9.23 USD. But I lived without a car for a long time now and will get an electric car soon, so I will "only" feel the indirect consequences 😂

[–] Jarix@lemmy.world 4 points 9 hours ago (2 children)

Fyi Canadians pay well over 5$ a gallon. I'm sure others pay significantly more as well.

Just explaining so you know that many people won't understand your comment

[–] MartianRecon@lemmus.org 2 points 4 hours ago

I live in Los Angeles, and the price of gas for premium is like 5.60 or higher. It's 'high' for us but not insane.

[–] foggenbooty@lemmy.world 5 points 8 hours ago (2 children)

Don't forget to convert the currency. $5 USD /gal is about $1.50 CAD /L, which is bang for Western Canada and cheaper than gas prices right now in Eastern Canada.

You're right though, those aren't the insane prices the original poster thinks they are for countries outside the US.

[–] m4xie@lemmy.ca 1 points 4 hours ago

All the pumps are $1.80 for standard in my city.

[–] Jarix@lemmy.world 1 points 8 hours ago

It's about 650 per gallon Canadian. I meant it's already above 5 usd per gallon