Did you know? Guy goes now offering an extra fifteen percent provided on car and motorcycle policies. That's fifteen percent! On top of what Geico could already save you? So what are you waiting for your baby to? Let you sleep in We sleep here, another half our king, sweetheart and you'll change. Your self too, there's never been a better time to switch to Gaza, save an extra fifteen percent when you switch by October. Seventh limitations applied as a guy codec offer details. I got great school questions, a million dollars they give away our use barter than Greater, let's go get ready. One of the most popular game shows of all time is coming to audio up as a hot gas or use smarter than a fifth greater, listen, honey. I, how radio apple podcast or wherever you get your podcast

from you those two psychic powers and government conspiracies history is riddled with unexplained events. You can turn back now or learn this stuff. They don't want you to know a production of. I hardly. Welcome back to the show my name is met, my name is known They call me, then we are joined, as always, with our super produce reports, mission, control, deck and, most importantly, or you you are here- and that makes this stuff they don't what new to know. We hope that this episode finds you well relatively saying, despite all the plot twist of what is still somehow twenty twenty today

episode is inspired by one of our fellow conspiracy relay stand. Fellow radio man come defined MIKE out there in Coover MIKE. You called us to say this guy. You show a lot challenge you to do is show on the full true cost of gas for background and there was a time when all our tanks and chiefs were painted, green, We were defending Europe and maintaining that ability. Then, what they all our tanks and everything started being painted sand hand, collar index nation that the military industrial complex was all about getting oil I am somebody with special. Work in the field of energy efficiency and thinks it's ridiculous. That, still using oil for energy

the Grassy Thyssen, has a quoth instead of aliens landed in it, be embarrassed to admit We still use carbon energy from the ground that full. True cost of gas on our health care system on our environment on the taxpayers, cheque book is astronomic. I challenge you to find that full true cost gas heard before again and a gas is around forty five dollars easily. Anyway, I love you shall loved. Listen, you guys, banter your great covered companion. Take care and all the best to all of you. Thank you. So this is. This is a fantastic question. Might as an economist can tell us, the price at your local pump can make a huge difference in the dated a function of not just your town, not just your neck,

the global woods, but this state of your nation and on a macro scale, the state of the world empires have collapsed. They have risen. They have collapsed again, all too sure that when you roll up to or local speedway as the most common gas station in the U S, by the way, you will be able to top off that car and petroleum courses and just used for gas used for a multitude of other things and electric cars are in recently viable alternative, but the world still has had serious problems moving away from fossil fuels? And that's not a coincidence. We have massively powerful vested interest in globe. Trotting institutions dedicated to the maintenance, and growth of the oil industry for one reason or another, this industry, ways, millions of people, it generates billions of dollars and for decades people have been raising concerns about that Texas, Tee thou black gold,

power in the world, but today's question to appoint MIKE how much does gas actually cost here? Are the facts? so as of twenty, sixteen, the United States consumed more gasoline than any other country in the world and the average household spent about two thousand dollars a year on gas, individual drivers used pre pandemic, an average of five hundred fifty seven gallons of gas each year and today, being July tenth as record this, the average cost of a gallon of gas supply three point: eight leaders for our metric system. Folks out there is two dollars and eighteen sense, two point one: eight four dollars as according to triple x, I am certainly a lot law that has been recent years. I think when we saw decrease in driving due to the pandemic,

a sure exactly how that supply and demand system works, but gas prices definitely went way down. So we're back and twenty eleven when gas was about four dollars a gallon, and you know you guys, don't know that this definitely varies from state to state specially out West, where things tend to be a good bit higher, yeah and it there's so much variability in fact just within the United States, but there are a lot of other things that affect that price. We're gonna get into a little bit later prices. You know of your West tend to be about twenty percent higher than that national average that we're talking about here and specifically, if you're in California anyone who has lived there at any point or lose their now can tell you and assure you that those prices can be lie, or maybe fifty percent higher than that national average. But you know and then again

If your travelling around the country, let's say you're in the MID West, were in the south, the prices actually tend to be about five to ten percent lower than what you'd find on the national average new. I think the three four of us here at stuffing. What you know can attest to that part. If you to the North EAST, though price, These are only a means, your little bit higher, maybe about five percent higher than the national average. So you really tell there's a lot of variants, but there's all a lot of other stuff. Like we said that goes into that price, it seems too to follow cost of living type things been urge our taxes, I mean axes in California, are higher in general, and cost of living in California in General is a higher manner that just observational. It seems to follow to follow those trends, but there absolutely are a lot of other factors like economic unrest, global shortages and even seasonal. Variations

really have an impact on the price that you pay the bump. And yes, as you pointed out there, we're gonna talk about later offsetting the price by paying for gasoline in essentially round about ways or other ways is a major factor in how cheap gases in the? U s we're going to talk about that and an let's. What's so? Let's admit this is gonna, be a bit you s, centric, because we have so much data there, but we also have acknowledge Europe, as you might imagine, or have unfortunately experienced gasoline petrol whatever you want to call it in Europe, tens be higher than gas in the states or in Canada. This is due to higher rates of taxation, and it makes prices historically around three to four times higher than in the? U S, but we can limit in other parts of the world sit many oil, rich countries, some other countries have subsidized gas cost that makes it cheaper for

people to buy gas, then in taxation on taxation makes it naturally more expensive places like You know you can already imagine some of these places off the top. Your head, Saudi Arabia, IRAN, Egypt, the his wayland so on they ve all subsidized gas at some point in the: U S, and the? U S Ecuador's on the list. Bolivia is on the list, but these are the losers rise more well, it's tricky they have done more direct subsidization than the? U S. Perhaps this makes sense to the leaders of these countries, because subsidizing this cost makes it easier. Cough cough, cheaper, cough cough to transport, people and goods, but it also means that people are going to be less efficient with gas, Andy can spell huge. Problems down the line both in terms of the climate, obviously, but also into

of the economy. We have to remember a country too dependent on a single resource is never truly safe and then, of course, we did. U S and Canada we did. Europe did oil rich countries have to think about the rest of the World Bank has seen the cost of gas at the. Is it feel safe and it feels correct, but its inaccurate, its correct, been the the price at the pump metric. They were talking about your doesn't factor in all kinds of things like Let's say a person's income or families, households income, so Let's make up an example here with some made up numbers: let's say gas costs in some made up country. Ten dollars per gallon sounds sounds intense, but let's say ten dollars per gallon for gasoline. Let's say everybody in this country makes inexact wage of four hundred thousand dollars a year who right? Ok, that's

seems like a lot of money to me at least, but if you're, you know, you make them much money and you have to pay ten dollars per gallon there. Not that big of a deal is not gonna break your bag. You're you're, not gonna, be worried about going into debt. Could you have to buy ten dollar gas church? All relative, and we really do have to consider this relationship between how much further, in this case, it's a household makes right because there's going to be shared income, shared expenses We really have to consider that relationship between all the more that household takes in and how much they have to expand on gasoline, so be more helpful. I guess in this instance to really think about gasoline in terms of local affordability. Yeah. He has so there's a really interesting Bloomberg report from twenty. Sixteen that looks at not the average price gas at the pump around the world, but the most affordable gas in the world and they arrive at this calculation

by comparing gas prices in different countries, truly average national paycheck right and with back in twenty. Sixteen before lot of things change Venezuela had the world's most affordable gas, which is interesting. Alot of people may of Euro somewhat plausibly assumed it would be a middle eastern country, but in twenty six seeing gas in Venezuela was the equivalent of two cents, a gallon too, since you s and This was in a country where the average daily wage how they define paycheck. There was about sixteen dollars and fourteen sense. Obviously, this changed. As the past few years have been Would it diplomatically incredibly tough on the country, but just with that we can already see how the price at any given pump does not tell you the full story about the cost. So what determines Bryce price? It is spoiler alert, it's definitely not that per

in working behind the counter at your local sit Co. Please give them a break gas stations make most of their money off of the snacks and other things that they sell. You, the gas, is just to get you. Door and you guys ever seen that show Nathan for you earlier is a really great episode where he had all the whole conceded that he's trying to improve the earnings of like small businesses or whatever, with these hare brained schemes, and one of them is tat. He had he vetoes the gas station and get them to like offer an absurdly low gas price in California, we were flocked to it, but you only get that price with a rebate, so he had to pay the full but to get the rebate you have to like. Do this like quest up to the top of this mountain, to define like this box where you put in the rebate, and it ends up being like it out. People take this shot to the

the mountain and then people gradually drop off and then an ends with him and like three of the people to stick around kind of becoming the best of friends only from to come clean and say there is no rebate but yet left to your point, better media, it's like it's! It's all set actually worked at a gas stay. And you know how we would change our gas prices. We would look at the other guests. Smith cross the street just magic make it like a cent lower. It was dead, very, very rudimentary, but now it's definitely now determined by a whole lot of factors, taxes, supply, chain supply and demand capacity, refineries mainly at the time of year of all have huge impacts? Are former parent company? How stuff works? Has a fantastic article, explaining this whole calculation and how gas prices work Here's a quote from that price increases generally occur when the world crude oil market titans and lowers inventories. Also growing demand can sometimes outpace refinery capacity. In the spring

we're perform maintenance which can place a pinch, the gasoline market by the of May refineries are usually back to full capacity. Is it a similar calculus to like the way, the FED kind of controls, interest rates and stuff like when you know they make a decision two to lower the interest rate. Now then than that changes a lot of things within the system, I mean either that sort of a rough example, but I this sort of the more yet. Will there definitely there, definitely and inter related, because when the FED considers that they are also considering crude oil prices, Buddy sort of like I at the risk of indeed, economist, predicting the actions and results of systems. This large very similar to trying to figure out. The weather is gonna, be, like you're meteorologist back in the seventies, you can make good guesses

can have things you want to happen, but there are so many intervening variables and ass white stuff that ask ourselves what does gas actually cost and then necessarily the question follows: what should it pass? This quickly becomes an expensive, complicated question and in some cases this cost also becomes the stuff they do I want you to know, but who are they will dive into this? After a word from our sponsor? Did you know guy now offering an extra fifteen percent credit on car and motorcycle policies. That's fifteen percent! On top of what Geico could already save you. So what are you waiting for your baby to? Let you sleep in

We sleep here, another half our king, sweetheart and you'll change. Your self too, there's never been a better time to switch to Geiger save an extra fifteen percent when you switch by October. Seventh limitations applied as a guy codec, offer details by I'm Devon leering and I'm Carolina Barlow and were here to tell you to dump him break up with your boyfriend, and we want you to listen to our podcast true romance every week where we talk about our love, lives and the lives of others. Please join our axes, who we know will also be listening like Kyle Kyle. Are you there? Ebay has life now. You look good, though me God, please, I haven't even gotten a haircut like free, ok. Please help us pay for Carolinas psychiatrist bills by listening on the eye. App apple, app apple pie, cast a realist. Podcast

here's where it gets crazy, so the true cost of ass lean depends almost entirely on what we allowed to factor into the equation and the way people approach or nor those factors can create a vast rate draw conclusions anywhere from fifteen dollars per gallon too, as you said MIKE forty five dollars or distressingly more, and there are powerful forces that in past, and maybe even the present, don't want you to know the full cost of ghastly area. We do have to point out here. We ve talked about it on the show before we ve talked with people who know about this kind of thing

In the past, we have seen that large oil interests have worked together, whether it's you know oh in something like OPEC, whereas a little more forward facing where you can, you know you can kind of sea. Happening, oars, it's behind closed doors. They ve worked together to downplay the full cost. The other things that factor into that oil price- I mean, if you think about it, there are lobbyists out there attorneys out there who have made millions of dollars to taking action like this and also unethical scientists to cherry pick data. We seen that before we talked about it on a previous episode politician, are out there on television and radio, spinning the language spinning the facts like dervishes from that. You know you that Madonna video Remember ass great a really was great

tornado actually wrote that never my yes they their tornadoes of slight misinformation just take your word out these doors, both looking so so. Let's, let's consider this because we think about the true cost of gas, lean. We have to examine what Economists sometimes call externalities externalities is just a fancy database. Word, wearing a tie. That means this associated costs that are borne by society at large, but are now directly included in the price you pay at the pump. One of the first ones, obviously would be, the environmental cost. We listless take an example from California, since we already mentioned some stuff about. California is higher than average prices, a single guy

and of gas in California produces about, went five pounds of what are called greenhouse gases long time listeners. You ve heard us talk about this before these aren't conspiracy, but there have been conspiracies rounding the degree of their effects on the environment. Greenhouse gases are things like carbon oxide methane, nitric oxide florence- the gases and also just be fair water vapor for a fun comparison think about this. Twenty five pounds now the same weight as a small to medium dog like a spaniel. It's also. It's always- crazy to me to think about these kinds of emissions measured in pounds. It's this Blake ADA, because its relatively few think of like the weight of a gas thickets like ok, basically weightless when it's not a massive amounts of impact on

the environment and on the atmosphere. When you think about that number, it's pretty mindboggling and don't forget that the average- U S, driver, buys about five hundred and fifty seven gallon of gas per year. Multiply that by two hundred and thirty eight million cars. Are you now not to mention like the much less fuel efficient and more polluting trucks and ass you he's in hammers and man. That's a lot of poundage of this stuff being pumped out into into the atmosphere day in and day out, an absolute crap time of gas. One shout out Sera, Terry Cobo and the centre for investigative reporting for making a video about this topic where we're getting a lot of this information is really just a great video check out right now. It's called the price of gas check it out when you get a chance.

Yes, oh with all of this driving along this gas buying, a single driver on average within the United States, creates or generates, let's say through that use about ten thousand pounds of greenhouse gas pollution each year and to continue these whimsical zoological comparisons, ten. In pounds, is about three thousand pounds less than an african Bush, elevate, a mail or bull african Bush elephant, so so think of it like every every year for now driver in the? U s: you're, putting out a small elephants, wait worth of green

SK. Ass pollution does matter where you drive, how you drive, what kind of vehicle you drive, and it takes almost an entire acre of forests to absorb that level of pollution. So for a cocktail, Napkin estimate, let's say, for earth to handle the annual gas related pollution from cars plus those trucks and suvs, must keep in mind. That's just the daily average of driving vehicles in the United States. It could take a forest. The size of the entire state of California and Nevada. And another smaller state to absorb this level of pollution. So the question becomes, if we're looking at this hypothetical gown of gas situation in California, how did we get here? So why, like? Like all

so we try to do in a show. Let's take it back to the source, the source of the oil itself, that crude in Saudi Arabia, according to the centre for investigate reporting. This is how the process works. The crude oil, which is which is no like the name, implies, as has been on unrefined raw material. You should not put the stuff in your gas tank its pumped into these gigantic massive oil tankers, the biggest one, holds, I believe, up to two million barrels of oil. This process releases about two pounds of greenhouse gas for every gallon of what will ultimately become gasoline that ship travels about eleven thousand miles to California. The the sight of our hypothetical situation here when the crude reaches a refinery in California, its mixed with oil from other parts of the world than its heated melted, burned to make different types of fuel and other industrial products petroleum based

products, so this process creates about three and a half pounds of greenhouse gas for a gallon of gas. You get at the pump for comparison here. Here, I can come up with an animal off the top of my head, but it's like the weight of, maybe a to slice, Toaster safe sea get a toaster offer every gala every one of those two million gallons. Now now we're now we're shipping that reform gas from the refinery to the station right because it doesn't directly go through a pipe from a refinery. To your local studies. I'm just gonna see how many guys nations. I can name in this in this episode. You knew instead, it goes the retainer right. It's transport,

buy a truck. You see him all the time on average, these tankers are going to travel about fifty miles in the U Dot S, to deliver the cargo, and when it's transferring the gas from the tanker to the tank at the gas station, some of that gas evaporates. It makes more else. Gas as well as benzene and benzene is one of those things you smell when you pull up into a gas station, were you The gas cap there's more of operation when you pick up the pump, there's more evaporation, but now find you have the gas. You have a small piece of that gas all the way from Howdy Arabia and you start driving, maybe to another gas station like a quick trip or a circle k, and then you just continue on down the line cause. There's always more environmental cost to be paid with this kind of thing in a really does depend a lot on what vehicle you ve chosen to drive,

You may be essentially pre paying for some of the environmental costs in the energy production, for your electric car or, if you are in a ass, powered vehicle, there's gonna be things like the weather that you're gonna say how you're driving things like your mood even for them you're listening to you. I know it sounds strange, but that might affect how much goes into this. And also the type of gas right. How refined is it is a regular or is it that premium good stuff or what was the middling? One called ok made MID, Gregg s them the mid stuff. On average, when you are looking at this extra environmental cost you're talking about a little over. Nineteen may be twenty pounds of greenhouse gas pollution per gallon in this part,

the driving around section. That's where you're actually living off the most pollution around three three quarters of the total, which is crazy, because it'll often in the past, different factors have been blamed or the pollution, but we have to keep in mind it's the daily driver who is burning the fuel right? It's us we're three fourths of that Cocker Spaniel. When we get behind the wheel, which out of context, is a very strange statement to say, but it holds up when we think about pollution. We have to remember we're talking about a long term price. It's almost. Away away. Cost is thing, everyone on earth has to pay for in some way over the course of their time here, even if they ever DR, never touch a car and you

later generations. Descendants of this species will pay some part of that price as well. It just might not feel is so right now, because the bill does come do immediately and it doesn't we'll do through a single avenue yet- and I think you know, unfortunately, there are coalitions that that would would have us take these these hidden costs into account and the idea of Ino creating some kind of consent. This globally, about how much you know we want to put out there how much greenhouse gases we want to put out there by a lot of that stuff is not enforceable. Alot of that stuff it s, sort of like an honor, system kind of situation, and our country in particular right now, because of leadership, is moving even further and further away from that. So you now too Our collars point about aliens coming and being embarrass there were still deriving our energy from this dinosaur juice that comes out of the ground, its

a true and in a really does feel like a lot of. It is just stacked against us because of those corporate interests, and because I mean this is all kind of stating the obvious but yeah and an inn, You know, Ben to your point when, when she wrote hear me out this isn't just tree hugger kind of flimsy. Murray, which should not be just dismissed, there's absolutely a cost in terms of human lives. Terms of cost of our environment and the habitability of our planet YAP. Yet- and I think you make a good point about the problems of cooperation. It also goes into the problems of inequality. Imagine you're, developing nation right and other developed nations like the. U S, Western Europe are all this yeah, and I think you make a good point about the problems of cooperation. It also goes into the problems of inequality. Imagine you're developing nation right and other developed nations like the. U S, Western Europe are

halfway through the basketball game or the football game. Someone move the goalposts feels a lot like stock in the odds against you in this works on a micro economic scale to it deceptively easy for someone in a higher socio economic status, someone who can visually bear the increased cost of a fossil fuel. Free lifestyle together down there knows that the rest of the world a world I should mention in which, by the way the average household makes less than the equivalent of ten thousand dollars? U S a year in look down their noses at people or less fortunate and say will just do better. First, that's a dick move and, worse than being a dick move, its even correct there has to be some kind of transition. Some kind of. Land a world it found itself suddenly without oil would almost immediately collapse, and even if you feel pretty secure right now that

Apps is gonna rock yours to no one would immune and honestly militaries of the world know this That is why, in a very real way, the modern, story of oil is also the modern history of war. What are we talking about will tell you after word from our sponsor, I got great skull questions in a million dollars. They give away our use smarter than a bet right, let's go get ready, one of the most Miller, game shows of all time. It's come audio up as a pod gas, it's easier staring shawl on a planet. All these grown observed the viewers answer grade school level, questions and prove that they are smarter than a fifth greater progress in your hope, you're wrong on somebody whose hands probably smell like Plato,

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found success, whether you're looking to start a new business habit and existing mine or expand with an eye to the future need by women gives you the inspiration, expertise and hard won, since, you need to make it happen. Consider your real world NBA design for the new. Now I'm came as a really You can listen to made by women on the Iheartradio. App apple pie casts wherever listen to your favorite shows were back, so you know you If we listen to the show once or twice. Maybe this is the first time, congratulations but Have you been around royal, you reply, familiar with the concept that world militaries governments large corporations

there's a lot of truth to the stereotype, specifically that governments and militaries within those governments are controlled by those governments are pretty wasteful when it comes to spending at times corruption. Runs wild within these organizations in Nuno, especially at the tops and we know one of them. We ve talked about before one of the major reasons, for that is the need to increase budgets, over time. That's why you see what we would consider may be wasteful spending, because you always have to get a little bit more for the next time around and in, and you can really apply this thinking and end. This observation when it comes to gasoline

and oil usage within military's. It reminds me of a two year point math, that story about how the air force spent one thousand three hundred dollars a piece for these, like reheating coffee. Jobs, because because they were like poorly built in their handled would break they d drop leg, hundreds and thousands of dollars under two thousand dollars on these things with absolutely no oversight, and finally, of course, when it be now reaches the public o put, there will be put a stop to that or whatever. But that's that kind of stuff unchecked happens. You know, all the time, and I really want to refer back of enough. I wanted to mention this the whole episode. I thought our collars point about changing the colours of the hum these and stuff was really interesting. I never thought of it. That way, because I think he's really saying a more on the symbolic level, but I think its act

right leg. So you know we used to go to war and like jungle, regions and then all of that and then are acting on our and our tanks and southward were camouflaged green and now that's that that switch to the sand. Colored camouflage really, as signified the shift towards where are motivations truly lie, which is what the section of the episode is about? I mean it's, it's symbolism right, because the green green, camel, won't work into desert. They can spot you from kilometers away, but it's, I think, is a very I agree with you guys. I think it's a very astute observation. Of course he changed in exchange change for a reason: the Euro. Think about this, so everybody listening now has presumably survived April. And may of twenty twenty. Hopefully- and if you are listen, to this from beyond the grave beyond this veil. Please send an email, we're conspiracy,

did I hear radio dot com, but if Europe, I've been. You know full well that in April of this year, gas prices plummeted from it, it is not even an adequate word and in some cases crude for a time crude oil too because they were starting to run out of places to store all this excess world. No one was driving, leaders who control a lot of the oil and oil futures market because they were starting to run out of places to store all this excess oil? No one was driving to point knoll due to a pandemic and blot businesses were closed. In May of this year, when a barrel of something like West Texas, intermediate crude cost around twenty bucks? Twenty x, twenty bucks for a barrel that works out to about zero dollars and fifty cents us for a gallon uncle, SAM was still paying slightly over ten dollars per gallon for some types of fuel.

Now hold on you might say, I see the three card Monti switch through the that you guys just pulled armies pay for different types of fuel right, some of which is specialised, this is therefore not a fair comparison earlier. Ok, you got us the military's ten dollars and four cents per gallon for a type of fuel call J, P, L eight as jet propulsion fuel eight site as they used to in the nineties, kidding again the rascal where the rascals that the global average price for J P L eight? Is it supposed to be ten dollars? It's supposed to be two to three dollars per gallon, and where is all this money to pay them? later. Gas costs come from. If you pay taxes in the United States, it comes from you, but unfortunately

Well, that's the problem that we are dealing with in twenty. Twenty might just be a symptom of mismanagement and, of course, corruption of these lobbies that were talking about the longstanding problem goes way way deeper and its, at least in part, a function of all of those logistics and supply chains and opening up the supply and closing down like we were talking about what that fed effect. So, back in oh nine, the Pentagon reported that the quote fully burdened cost of fuel. I love that term burden there. It's very telling meaning that cost once you factor in all of these things, including those believe band, including those externalities right, like the cost of hospitals days and things that are no, not necessarily you're factor in that period they may be factored in. Actually, they made factored in

maybe cost of injury for people who are transporting fuel, but probably not- probably not so, let's be conservative here and just assume that this refers mainly to the cost of the refinement process and for moving it from a to b from where the crude comes out of the ground, to where it gets refined too. How its then transported to the pumps and to your car, I would say they might they might bring in the cost of securing certain. Yeah, maybe or military bases. I don't have to say that might now be averted. It's it's a good point and that's the kind of stuff that we probably aren't gonna, see like in ledgers, you know what I mean I see to your point earlier. There is much stuff, then I want you to know about this whole process for good reasons for his uncle SAM concern, but that number to backtrack a little bit cost of refinement, trance

warrant and, and who knows what else? But let's just assume that asked refinement Transport- and you know the process of getting it from the refineries to the actual point of sale- would be four hundred dollars a gallon while likes go in the euro. The problem here is, if that is true, then how the heck is that paid for right? How does that four hundred dollars per gallon turn into two fourteen at the pump near your house or something Well, it's it's America, it's the financial systems with an american and make it go around. That's that's who pays for it and the average American through taxes, in probably the easiest way thing about it, is paying for that bill.

And you know the women got into the concept of the government: subsidizing the oil through taxes to get that gas at the pump price lower this All this is all kind of a part of it. It's very very odd. To imagine the money, essentially just gets kind of moved around in. We pretend that its paying for one thing when it's actually paying for another and we delay caused by paying and taxes once a year. Oh sure, just very strange sure. I mean corporations. Do this as well. That's why different departments or difference divisions have separate accounting, fines on their spreadsheet right knew you distribute the cost or piece of many corporations. You distribute the losses and you keep the you keep the gains, the profits, but but just is just risen, Quick Matthew,

the poor compare to walk these numbers out, so we can really Will the impact here we have a tool Five gallon fuel tank capacity. So, if its ever in a situation where the fully burden cost of of the fuel is considered here, That means that to fill up, one humvee costs ten thousand dollars you s and to your point, Matt yeah, that money does involve the sky. It comes from the taxpayers and this is just an average. That's the way, thing about the foreigner dollar mark in some places: government officials themselves, people who work for the? U S government have noted that the price can climb as high as one thousand dollars per gallon, you know like something you have to transport may be a helicopter into inaccessible terrain in the middle of nowhere and look guess, were you

in the United States as an example. But this to be crystal clear. This is a problem com into any globe trotting military. Any any blue water Navy then long timeless. Majority no blue greenwater groundwater Navy water is the one that goes around the world so whether we're tired about Russia, whether we're talking about China, whether we're talking about internet National Justice League type ginger coalitions like or somewhere Brotherhoods of evil mutants like NATO we're going to see the same pattern playing out. As a matter of fact, you won't see this, on mainstream news. Unless you dig in kind of deep into some trade publications blight China just or maybe reinvigorated, is a better word. Aid A new, legalese, secretive, multi decade deal with IRAN and essentially

The two long didn't read version of it is this: in exchange for what amounts to about a thirty to thirty two percent discount on all fossil fuel resources produced by IRAN, China is going to take an increasingly larger hold of infrastructure related to refineries and transport of fossil fuels as well as having a closer military partnership, they're moving pieces on the chessboard, the girl, game never ever ended, but What everyone in a similar way back to the way the unit- it states has moved in middle eastern countries for a long time right. Nick, we will have some really briefly mention there. The cost of securing oral supplies in other countries ends up being a factor and, with its China making that move in IRAN, one of the only in the Middle EAST, where the United States hasn't officially invaded and inserted itself yet good point Matt

pull up the map. Folks, if you're reading along at home, just just do a cursory internet search. On your, alas, demons, how's your choice and and ask how many? U S bases, are bordering IRAN. You will see its litter Leah ring in the strait of horror movies is one of for a long time with a lot of people thought would be the flashpoint for world WAR three? as you know, we were three might being over water. Who knows, but this this just an example right of a bigger issue, and it's not to pick on China, as you said, met. Other countries have done this before in much much more

blatant we belligerent ways like like the UK, like Britain in the Middle EAST strike. This all means that if we sincerely seek to understand the true price of gasoline at some point, we also have to start factoring in the cost of regional instability, and we have to factor in the price of war, in this I mean this takes us. This is an incredibly important point that doesn't get talked about near often enough, but is also not the only boy. You know they're they're, a hidden costs, we talk Are these long term bills were what happens when these bills come? Do like like. No, you mentioned a little bit about whether or not the Pentagon factored in medical care in that fully burden cost whew.

Is added another externalities. What else is out there? Yes, so we ve talked about these hidden costs these externalities and and whether or not these are actually factored in. Away, but there are other ways that we haven't an mention too, that are much more difficult to quantify. Let's think about oil spills, I mean in a very Alison calculated way. I'm sure there are some money people that would consider these the cost of doing business. You know the occasional disaster that you have to pay a lot of money in pr and in clean up efforts to get rid of it ultimately worth it The end of the day, considering how much money is generated from that product that you're having to clean up. Let's think about things like respiratory illnesses, let's think about lost productivity when people

in places like California, LOS Angeles Atlanta, that have like things called Orange smog alerts that literally the air quality is so bad that if you have a pre existing condition or some kind of respiratory sensitivity, you're not be able to go outside its just the reality of the world we live in, and it's not something that's factored m m. If it is it certainly not factored in a meaningful way. In my opinion- and I think in amendments possibly as well, but let's give a little bit,

snapshot here. Let's talk about LOS Angeles alone. Like I mentioned, the overall cost of air pollution adds up to something in the neighbourhood of one hundred thousand two hundred and fifty dollars per person per year, and that's because things like emergency room visits that loss productivity. We talked about lost, work or missing school for children, so Ben you wanna. Let's extrapolate something from us: yeah we, if we build out from from these conclusions, a couple: a different studies and clean centre for investigative reporting. The we mentioned earlier, including some medical non and so wine Eads, not a surprise. Studies, have such a wide range on the cost of these externalities, one study in fact found they concluded that this per year com, five hundred and fifty billion dollars through

beer was it doctor, evil, pinky there or as much as one point seven trillion dollars for most people is cognitive really impossible to think of as a real number. I an that's in the: U S alone, if you add that to the price of the pump, that's where you ll see the conclusions that the true costs breaks out, something like fifteen dollars per gal, but again like we said it all, depends on your methodology. What what variables do admit? What what? How do you after the malady wait them in countries that appear that appear to have a higher cost at the gas station yes, we're looking at you, Europe, hello. I have a friend that higher at the pump cost comes from taxation, and that's interesting too. Circle that you're talking about man, because some of those taxes are, in theory at least dedicated, to fighting to mitigating the problems we described above

you're in Germany or pain? Was your pain, eight dollars per gallon, just pull in that out of the ether here, repainted dollars per gallon. Pull a portion of that is not reflect maybe the cost of refineries it reflecting the costs of combating greenhouse gas emissions, for example, in it dressing, because that would in theoretically at least reduce the demand for the Celine, which should lower that price further, but still seeing like you know the equivalent eight dollars or more per gallon in a lot of those countries again, the one a major things here in one of the last sure things that we're gonna be talking about Now in this episode is that variants

serve their so many factors they go into calculating how much gas actually costs in when you're. You know, especially when we're trying to research for this episode, you're looking at contradictions made and how people in different organizations are calculating these numbers and how they're getting there it. Can we really tough when you're thinking about all of these different possible factors agreed? This is increasingly fluid situation. Sorry is terrible and an end to their into cash flow. It as I do The reviews are gonna, kill us guys performed before the fossil fuel industry. Does what? If we get disappeared by people who hate terrible jokes. What a way to go what did I would. I would obviously go into that good night me now, knowing that we made a difference, I would just say

for being the one non dad on this show. As a host, you make the best agile, expand, dad game, I lived, I learned it from growing up in the dad Joe Game. Under you guys, yeah of we're here for your dad joke some as the world burns down there is light at the end of the tunnel, though kind of electric vehicles. On the rise and yet maybe they're not perfect. Maybe they're not as much of a silver bullet or panacea, as some people claim, but the technology is there. Its evolving and a significant pace and, more importantly, the infrastructure to support those vehicles is evolving. Well, do you remember just a handful of years ago you wouldn T charging stations it like a gross. Stores you know and like outside of Atlanta. You even see them in Georgia. Now you know it's not as much of like boogie kind of you know only for the rich thing, any more. And even Tesla the prices are going down for.

A nicer near a nicer electric car that and their faster now, to which I think was a big barrier to some gear heads was, I gotta one electric car because it is like you know embarrassing and can really get a lot of juice out of him, but some of these new ones are super powerful near, but nowhere where you get no, that all that power power them electrical vehicle batteries. Learning coals, learn, that's a good point to its a good point. You make it's all I mean that's the problem, you guys with great power comes great responsibility or black there, I mean it's true. That's really! That's that's a really good point. You know for for a long time, the pay where you were in the world if you drove in electric car you're driving a coal powered car and people didn't want to admit that.

But also I aroma, you guys super envious of when I see a Tesla drive by specially when one slick ones but yet car car lovers aside were we're correct that for I'm all turn it of energy or increasing in countries across the planet. I'll get you a lot of them are developed countries. You know the Socio economic equivalent of the global one percent and they can afford to subsidize research and subsidize infrastructure, but still has a good I'm the euro for for a long time here in the? U S is well research into these technologies. Deployment of them is stymied by ton of factors, industrial political opposition plain hard technological limits, like you, no legal wants to buy a car that doesn't horror very well right. If we want to make that over, we also had had problems figuring out how best to store solar energy

make a solar battery powering something also make it able to work at night with stored energy. There's. This there's also this huge tremendous cost of making large scale switches from fossil fuel to something new quick question for you gentleman's really quickly when you say now that the processes that go into to making the batteries in electric cars Bina burns all kinds of fossil fuels as well Is it so much that it's not worth the fact that you are having to burn it every time you use it? You just have to like in others that there's that sunk cost of making it of the manufacturing process. Then you ve got the thing. Presumably, will last you a long time. I don't know the answer, not enough you, if you guys know we're not talking about manufacturing. Words were talking about the actual energy that goes from the outlet into the battery to charge the vehicle, so they can drive

the energy- yes, yes, I'm such a dummy, of course yeah. Of course. No, no, it's it's a mean. I can fully understand manufacturing the batteries is also not that's. That's why alien and its also problematic right. Oh god, yeah other rare earth, minerals where the big things for electric because right now is also just in terms of efficiency, is trying to get the weight of that battery down. There was a huge problem, and it still you know it's still a speed bump today. So all together, it seems like the old theory of international politics from Wooten. This holds true in geopolitics, in international energy infrastructure, as well as in hip hop cream cash rules. Everything around me so salute yes, it's a fantastic song, but it also is also true,

Large scale moves away from fossil fuel, they all the associated costs with fossil fuel and the associated costs we're moving from it all. Become more more likely when there is a financial benefit to doing so. There's not in there might be a sea Oh somewhere, who says altruistically, I'm gonna, move away from fossil fuel cause. It's the right thing to do. I think Louis store was right to to spread his Innovation around the world I dont know call me past me: I think it's going to happen. I think it's gonna have to be something in a budget medium. What are you guys think you're the unlikely? What I would say unlikely that somebody goes through and just changes the world, because it's the right thing to do but Doesn't have to be the case if you're listening to this in your running a multi national corporation and you ve got

love in your heart, James, lower Loggia. Isn't that song from goes, but don't these Ngos busters at the end of Ghostbusters two, when the statue of liberty is, I'll taken from me go somebody check that back to us. Please! I why I'm looking to knoll? No, I'm sorry, I didn't mean to Lake, nominate you to be in charge of knowing everything about ghostbusters ideal. Remember this song from the end of Ghostbusters play, my memory, recollections of ghostbusters too or pretty spotty, not agree. We regos I like a little like his little are. What am I dead t and I like it. I like his little toady, Janusz patronage, like that character, actor and his his eastern european access is hilarious

but nowhere I actually. I don't even know what song you're talking about then put it love in your heart. Put a little love in your are a way hang on. I think I might be wrong in the Well, do you know no, it's the end of scrooged another amazing deal marine. I you know generally? I was thinking about fighting preacher. I think he has aligned re. If you ve got loving, heart. Let it out, presumably imports of speed of which you guys everyone out their protest if you have an alert so device you can make her fart go crazy? Why at year end she gets into this like crazy for loop. That's very is very difficult to get her out of it you'll, be little. Please stop! Would you gay wet fart. What kind of Do your client master, I'm not

and then, at the end she tries to sell you a premium bundle of farts. It's all like an absurd thing. I follow I had stumbled upon some sort of hidden treasure, but then that is wouldn't stop so Jeff Those is trying to get into the professional flageolets and game, and I'm not I'm not surprised, don't let people our shame you folks, either the average person the average part person amidst seventeen to twenty three farts per day, and you actually you actually probably dont noticed several of them also also in your defence, so brain stuff things coming out. Also in your defence, it's not really you that's fighting it. Got flora that lives inside you emitting gas. So if you want to think, Yo you hear the argument about farts from human, their cows or other mammals producing pollution. It's the got four, it's not you! It's it's! so my speaking of emissions,

ray cycles and cycles like like Alexa right, we have to remember there. There are powerful invested interest rate, their countries hires global corporations and in some cases not certainly naming names in this episode impossibly well, the individuals who all there entire current status to the existing fossil fuel energy infrastructure They will pay enormous cost to maintain infrastructure if they cannot secure a comparable position new energy economy. They will fight, make no mistake to keep the status. Currently have it's kind of a rein in Hell verses, you know have in having a middle class job in Heaven kind of thing. Absolutely so. First of all, thank you so much MIKE for sending that message in getting us to look into this entire thing?

we're doing well up there in Vancouver Washington, hey, so what you think about this whole subject you think about the true cost of guess. How much does it cost where you are, and what do you think it would actually cost if you are paying for everything at the pump, What's a future of gasoline do think we're going to continue to you know DR these cars around especially now after you know the pandemic situation, in all of our new at home lives that we ve got going on and also what do you think should be factored in at the pump when you're paying? Is there anything specific that we talked about today? That you think is the most important thing and how would we pay for? We want answers working to change this whole system from our death spinner houses, or at least we're going to advise someone somewhere listening through your ideas, so please please, please, write to us find us. You can find us all across social media now. Are you

conspiracy staff increases to show some combination of those and Instagram and twitter and Facebook. You can find your facebook group, it's called here's where it gets crazy, a lot of fun activity on their just have to answer couple basic questions to disprove to us that you're, not russian Botz and then your end, like when you can also find this is individual human people and social media. I am at how now no brown on Instagram. You can find me at been bull in ages, W on Twitter, where you can find me at them both. On Instagram. Anybody could spheres, shrillest, longtime listeners person messrs anybody writing the email right now, I usually never do this on the fly, but it was important to figure it out. I oh that the song in the ghostbusters to soundtrack when they're in the statute, liberty is higher, higher your love keeps lifting the higher and higher ass you like it. Yeah, don't feel like you have to send us. The ghostbusters hate mail,

are we figured it out the powerful, Bobby guys. There are some things that even the show is not going to mess with few dearly idea? How many people have not listened to this part yet, but have already written you, a message: don't don't punished! punishes collectively we got there. We got there at the end and I do want to hear from you doing from you. If you don't care for social media, that's what makes sense you can go old school with us. We have a phone number, tat. You can call literally any any time, that's right now, is one eight three, three std w. Why t cake? If you want to do that stuff, though but you still want to write to us with your amazing idea. We're ready for you just and ass, a good old fashioned email. We are Conspiracy, thy heart, radio DEC,

stuff. They don't want. You to know is the production of Iheart radio for more podcast. From my heart radio visit the I hurt. Radio Ep Apple podcast software Were you listen? Your favorite shows how this is the right in might render, and we are very excited to announce that we are finally doing upon us. And the name is Scientology fair game. Everybody Scientology fairly and

Thank you to all of you because we treated out like should we do a parkers wherever the overwhelming s, amazing response. Listen to Scientology, fair game! On the I heard, radio, app apple podcast or wherever you listen to progress made by women is a new show, brought you by the Seneca women Podcast network, and I hurt radio. We bring you conspiring stories in shared learning to help you successfully navigate today's environment benefit from the experiences of legendary entrepreneurs, as well as everyday women in business. Profound success, their own way. Consider your real world. Nba design, for the new. Now, I'm Kim israeli and you can listen to made by women I app apple, podcasts or ruby, listen to your favorite shows