I don't buy it. Not when prices have increased 150% in the last 5 years (before the Katrina spike).

 

Taxes have nothing to do with gas prices.......if thats true then why is there one guy selling 93 @ 2.99 per gal and 2 miles down the road its 3.55.

 

The Federal gas tax is 18.4 cents per gallon, then this link has the state by state breakdowns of gas taxes, which appears to be an average of about another 20 cents per gallon, plus another roughly 6% for sales tax. So there is a roughly $0.40 fixed tax per gallon, with another 6% (or 18 cents at current prices) of sales tax, for a total of roughly 50 cents per gallon.

 

Well here are the facts.....This 2002 data though when gas was around $1.15 a gal as documented here

http://www.click2houston.com/news/1871366/detail.html

Taxes comprised nearly %50 of the cost of fuel in some cases!!!

http://www.energy.ca.gov/gasoline/st...tate_2002.html

Most states is not a fixed amount taxed. the tax goes up as the prices does.
http://www.gaspricewatch.com/usgastaxes.asp

here is a fine example, Kentucky

Variable based on 9% of the average wholesale price of gasoline with minimum price of $1.11 or 10 cpg. In addition, there is a supplemental highway user tax of 5 cpg for gasoline and 2 cpg for special fuels plus a 1.4-cpg underground storage tank fee. Commercial carriers pay surtax via a quarterly report of 2.2 cpg on gasoline and 5.2 cpg on special fuels.

Or how about this one from Maine
Plus for gasoline: .07 cpg for Coastal and Inland Water fund, 1.38 cpg for Groundwater Fund and 40 cpg/10,000 gallons for Petroleum Market Share Act Plus for diesel: .07 cpg for Coastal and Inland Water Fund and .6 cpg for Groundwater Fund. Governor signed legislation in 2002 to index gasoline tax beginning 7/03. Tax increased .6 cpg 7/1/04.

 

You got me on that one Mark. ....I meant taxes have nothing to do with the rise of gas prices now.

 

it is nice to see that there are others out there wasting company time to respond to threads in the middle of the day...

i heard gas hit $6 in some places in georgia due to the main pipeline into Atlanta being shutdown. anyone heard about this?

As far as taxes go and the buildup of total cost, my point was that the cost of crude oil per gallon of gas pails in comparison to conversion, distribution and tax considerations per gallon of petrol. We must consider all the components that go into making a gallon of gas, not just crude, when we discuss the sudden spike in prices.

 

Yeah, there were some places that were charging that and there were idiots panicking getting in line to pay that. Most places were around $3.50 yesterday. Today I've seen prices back down to $2.83 for regular and a much smaller line. I saw several stations with closed pumps because of the panic. Gasoline is being delivered to stations.

I saw that Colonial Pipeline Company and Plantation Pipeline are back up and running at roughly 33% output. Estimated to be at 66% by the weekend and 100% by Tues. It is true that all pipeline activity shutdown for about a 36 hour period due to no electricity. It takes a huge amount of power to get those pumps to move gasoline, heating fuel, jet fuel, diesel, etc.

 

2.79 for premium in manassas

 

I believe those same pipelines, which feed Georgia, continue right up the coast to the Northeast. Given the media's propensity to make a bad thing worse, I am surprised the same idiotic hysteria we saw in Atlanta has not been replicated right up the eastern seaboard.

 

If you really want to put a scare into the oil companies, start riding your bicycle EVERY day. The more people that do the less gas will be used. The less demand, the lower the price. One day will not make a difference, but a lifetime habit change to the bicycle, walking, busses or trains will.

The more there will be left for the SUVs

 

Given half a chance, it will.:impatient

 

Oh woe is me. The end is near

Ignore the Alarmists, they feel good by making everyone else alarmed.

Per the news this AM, GAS will be $5 by the spring. Cheap compared to the rest of the world ... and you will get used to it, just like your used to $2.69 gas

 

What he said. And RIGHT ... THIS IS THE AMERICAN WAY>

You don't like it, go buy one of those funny hybrid things from JAPAN. Real american love BIG engines, V8 American Power! and choose to drive 100 miles each way every day!. It ours RIGHT!

 

Same Gas station that was $3.24 yesterday morning was changing the signs to $3.35 on my way home on the SAME day!!!

 

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Who cares???? It dont matter. You will pay it or you ain't going anywhere. You will suck it up out of some other part of your budget. Whining abou it will not do a bit to make it go lower.

Be proud your an American and get to pay for really cheap gas and be glad you don't live in Europe or elsewhere where its much more.

 

This morning I passed a gas station that had 91 for $2.859 per gallon.
Still having over half a tank, I drove on. When I got home, I thought maybe I should've filled up. Who knows how much it'll be this afternoon.

 

WoW $2.859 per gallon is the best price in town and why didn't you fill it up all the way?

 

hey chows...i am the last person complaining as I am one of those big oil and natural gas shareholders whose going to retire early as a result of high crude prices. and you are right...i gladly pay $3.25/gallon.

All I was saying is that there is a much bigger picture than simply a barrel of crude.

 

Dang, who says it don't??? Heck, Billi-bob - we's sho' happy we's amuricahns, we's just about slap-happy 'bout payin' any 'ol amount of money we's need to juss ta git soma that dang gaz-o-leen to put in them dern MINIs.

Dude, we are all proud to be americans, so lay off the flag wavin' stuff.

Europeans do pay more for gas, but they also don't have to drive the distances we do, they have mass transit systems that are usable (meaning you don't have to drive to them!) and they see benefits for the tax dollars they spend - higher education, childcare and medical treatment to name a few. They also don't move all their goods around by truck like we do. They use rail for that to a large degree.

- - m

 

Our conversation sounds alot like one of those gas price watch websites

 

You mean it's not??!!

 

I'll probably kick myself for not stopping since I'm heading out of town this weekend.

 

I agree with that point. I dont agree with the whining. Poor me.

 

$2.69 yesterday morning on the way to work
$2.99 yesterday on the way home
$3.19 this morning when I filled up.

 

No, Idon't think everyone is proud to be american, There are those who think we should be ashamed of our properity.....

Thier gas prices are high becuase of their socialistic government policys....It is not the governments job to provide those things.....The role of government is to provide for the people what they CAN NOT provide for themselves, Not to provide what we CHOOSE not to do for themselves. The pay the same prices for crude and have to refine it. They pay high prices becuase they would rather pay taxes and have a government be responsible for thier needs than be responisble for providing thier own healthcare and own higher education.