If by highly subsidized you mean taxed at a rate set in 1993 and not updated since, nor pinned to inflation, then yes gas[oline]/petrol is highly subsidized in

If by highly subsidized you mean taxed at a rate set in 1993 and not updated since, nor pinned to inflation, then yes gas[oline]/petrol is highly subsidized in the US[0]. Also fuel taxes rates in Europe are much higher[1]. You'll notice the US pays $0.46/3.78L(gallon) on average for federal+ state fuel tax, while Europe pays $1.24/L($4.69/gallon). That's an order of magnitude in higher fuel taxes. I also think we should be taxing gasoline at rates closer to what EU states tax, to help better cover the negative societal/environmental of burning fossil fuels. [0]https://www.eia.gov/tools/faqs/faq.php?id=10&t=10 https://www.eia.gov/tools/faqs/faq.php?id=10&t=10 [1]https://www.eea.europa.eu/data-and-maps/indicators/fuel-prices-and-taxes/assessment-7 https://www.eea.europa.eu/data-and-maps/indicators/fuel-pric...