News for hackers. Stuff that matters.

A comment on Launch HN: Prometheus (YC W19) – Remove CO2 from Air and Turn It into Gasoline. Parent comment

Re:Launch HN: Prometheus (YC W19) – Remove CO2 from Air and ... by holy_city on Monday May 06, 2019 @03:36PM (#19842951)
> gas in CA is almost $4/gallon in the Bay Area

And the national average (today) is $2.95, you might as well compare Hawaii and Alaska which are also economic islands.

>it doesn't take much time for normal rates to hit $6/gallon in the next 10 years or so.

The national average 10 years ago was $2.45, which is $2.90 accounting for inflation. The only way gas hits $6 is if we have a second Great Inflation or massive political changes in the United States and abroad.

[ Parent | on HN ]
Re:Launch HN: Prometheus (YC W19) – Remove CO2 from Air and ... by s3graham on Monday May 06, 2019 @05:49PM (#19844273)
That's very US centric though. It's already much higher where I live (Vancouver, just minutes from the US border): $1.70 CAD/L ~= $4.80 USD/gal. I don't think $6 is far off at all in many locations.
[ Parent | on HN ]
Re:Launch HN: Prometheus (YC W19) – Remove CO2 from Air and ... by sampo on Monday May 06, 2019 @06:18PM (#19844504)
Gas is currently about 1.56€/liter ($6.6 per gallon) in Finland.
[ Parent | on HN ]
Re:Launch HN: Prometheus (YC W19) – Remove CO2 from Air and ... by vinay427 on Monday May 06, 2019 @05:08PM (#19843890)
That doesn't make it an economic island by any means. This is simply due to regulations that virtually only affect gas prices.

By that measure, Florida or Oregon would be economic islands due to their anomalous taxes.

[ Parent | on HN ]