As Russ said it's about 98p per litre, which is around $8.50 per gallon, so you should probably count yourself lucky that your President keeps invading countries with lots of oil lol
Do you think that is a ridiculous difference in price?
Well they do it to other countries so it'd only be the same lol We should just use alternate fuels now, it'd be better to stop using oil for fuel now because it'll run out soon, and we'd be better off using it for plastic and other things.
You do realise we'd need electricity to power said magnets, the principle presumably behind electric cars, as in toy cars, just a bigger scale. It's better to use electrical energy which could be generated by renewable sources (solar, wind, water etc) than use up all of the Earths natural resources to do it, which we are doing now, as there won't be any left by the end of the century otherwise.