To many Americans, cars aren’t just a mode of transport, they’re a symbol of freedom too. But who do US consumers hold responsible when soaring petrol prices mean there’s pain at the pump? The FT delves into the psychology behind filling up and explores petrol’s ability to fuel social unrest and even bring down presidents.
#petrolprice #policy
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45 Comments
I see so many cars still. I think people can easily afford the new prices even if they get much higher.
Biggest problem with the US is no one has any awareness of the world beyond the US . . . Take a look at Europe and the UK and see what they're paying, for everything!
Out here acting like it was still alive lol
Can start putting money where mouth is or basically achieve energy independence by funding research for alternative fuel(not always green) so can tackle climate issues, geo political issues and have greater savings.
You are entitled to cheap stuff at the expense of the world because you are "exceptional", enjoy the cool-aid cause reality is about to wreck your world.
Americans waste gasoline…maybe paying more will change this habit.
haha, funny that americans call petrol as gasoline or just gas.
It brings a little bit confusion because when say "gas prices go up" it doesn't mean the real gas but rather oil. lol
Video supported by Iberdrola? SMH
I came here to roast car dependency but I see my brethren have already done the work here. The absurdity of complaining about gas prices when it continues to be massively subsidized and accounts for no price on pollution or the medical travesties it inflicts on others (asthma, crashes, pedestrian victims). The selfishness of motorists has no limit
"Petroleum" is a combination of millions of chemicals unknown to science. I don't want to breathe, unknown to science.
This video seems to be government pr as the. Video says government is not responsible for high fuel prices. It is government duty to maintain the economy running by keeping the fuel prices low or give an alternative transport. If they cannot deliver they should not be in position to govern. Because rising fuel prices are directly responsible for inflation
This is what you get for interfering in other nations affairs. Labba na
The car was probably one of the worst inventions of all time.
American entitlement 👍😂
The "spirit" of this argument is true, but I don't have enough money to fight off the lawyers that would come at me if I fill in any details about why.
Edit: As a decoy, who knows enough about the subject to point out that the people in this video appear to have that much money, I'm useless 🙂
I drive a Tesla who cares about gas
The president can ban oil exports – price crisis solved
Also we are witnessing de-dollarisation due to all the oil exports
I was just at the grocery store and I had the only sedan or small car in the parking lot. Everything else was a huge SUV or truck. This is in Connecticut USA. Gas isn’t expensive enough still.
California, Only evs sold by 2035
Also California, Please avoid charging your evs so the grid doesnt fail. This is not going to end well.
My brother in Christ the American dream has been dead for over a decade now.
How can anyone use the word "petrol" and the word "The American Dream" in the SAME sentence? It's GAS bro! gas gas gas. Gasoline!!!!
wtf, US petrol price is still one of the lowest among industrialized countries?
With inflation running at a four-decade high, Recession is now the ‘most likely outcome for the economy. People are asking how to grow their portfolio to outpace inflation and maintain a successful long-term strategy? I have been searching of investors making about $250k profit in this current crashing market. This is one more reason why you must save and invest to ensure profit and ensure success.
I’m glad this video did touch on the fact most Americans live in a fantasy detached from reality.
They complain gas is expensive when they choose to buy oversized inefficient vehicles for no reason other than ‘that’s what everybody else is doing’.
They complain when cities want to change zoning rules to allow people to actually be able to do basic tasks without a car.
They complain about there not being enough parking in new developments when there is more parking land than housing land in the US.
They complain about the cost of transit projects and how they won’t make a profit but don’t consider that the extremely inefficient and expensive highways and road system is the biggest financial black hole in the country.
And after all that many of them will still go to Amsterdam with a big grin on their face, and go home and tell themselves that the American way of living and moving around is superior.
This happens when you are more interested in other countries internal affairs than your own😂😂😂
No, runaway capitalism killed the “American dream”.
Fossilized journalism for fossil fuels.
It was never a sustainable dream anyway. Welcome to reality. Now you can do what other countries do and prioritise public transport.
All of a sudden the President can't do much under Trump everything was tied to his personal actions so which is it?
Dangerous Minds 🧠
Lol, silly carbrains.
The american dream is all about GREED… this is not killing the american dream.. this IS the american dream… it is just the dream of big companies, and not of the people.
Ever since I sold my house and cars and started investing in crypto in 2021 with Mr Roger Ver my life has changed with his top notch trading skills.
But…but… unlike China, we have Freedom and Democracy….
Pain at the pump? The prices don't seem to have changed much. Why are you here?
Go away.
Ban car loans on gasoline powered cars. People will be pushed to either smaller cars, used cars, or electric/hybrid/other-fuel cars.
Oh no honey, the American dream was long dead
As the economic crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future, Thanks so much Dr. Elizabeth Taylor for improving my portfolio.
Yesh! Good!
American dream turned into a nightmare years ago
Evil has engulfed the Americans
ppl complain about gas price but still goes SBUX and order $6 Frappuccino.
Electric was promising but now prices of. Electricity went upx4. Bicycles or mopeds its going to be.
Endless growth is false.
Trees grow and they stop.
Kids grow and they stop.
Universe is expanding and scientists say its gonna keep growing. False. It will stop and start shrinking.
House prices grow and then they explode. What keeps growing non stop is inflation. They think they can print more money. But actually this printing steals from everyone. Normal growth would be everyone is. Rich. Bad people too. Everyone can't be rich
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich