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Victor Davis Hanson: The Real Reason You Pay $4.50 a Gallon in America Analytics Table

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About Victor Davis Hanson: The Real Reason You Pay $4.50 a Gallon in America

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Why does gas cost thirty cents a liter in Iran but $4.50 a gallon in America? While free-market forces prevent America from simply capping prices at the pump, Iran and Venezuela’s governments subsidize their gas to make it cheaper up front.  “When you have an autocratic government, the last thing you wanna do when you're exporting oil is to have people paying a lot for gas, 'cause that'll make them furious. So what they do is they subsidize the price of gas. The government comes in and they take barrels out of the national petroleum company, and they refine it at a market loss.” Watch the FULL episode with Victor Davis Hanson here: https://youtu.be/yK9EbH4zNKM?si=V_tE0F6xNa0X30IR We cannot continue to make videos like this one without the support of our viewers. Please consider donating to The Daily Signal today! https://secured.dailysignal.com/

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