4 dollar a gallon gas is because you folks wanted “Hope and Change”. Now that we are going “Forward”, don’t look for it to go down, especially when Hillery gets in…..I advise ya’ll to “THINK” before you vote. “nobody” looked at barry’s background before the last (2) voting periods. It’s going to be higher, when Mrs. Clinton is our new fearless leader.
Higher MPG cars are one solution. The other is to go back to living in the same community in which we work and go to school. Use bicycles, mass transit, and feet more, cars less.
What taxes, you ask? -State and federal fuel taxes, for starters.
On average, states levy a fuel tax of about $0.50 on every gallon of gasoline. The federal government collects about $25 billion in gas taxes, every year. (It’s all in Wikipedia.)
Anyone interested can do their own research regarding other forms of taxation (personal income tax, corporate income tax, local sales taxes, capital gains taxes, etc.).
Charles Smith: Yes it did, and more than once, and in Texas which is generally about thirty cents lower than national average. I don’t have selective memory.l
Average federal tax is 49 cents/gallonAverage state tax id 19 cents/gallonAverage pofit to oil company is 11 cents per gallonThe rest is exploration, recovery, rfining and transportaion.Look it up, libtard.
WillardMBaker almost 11 years ago
I’m a retired Postal Worker. But what can I do to keep from going Postal? I’m too old and ugly to cruise for hot women.
wdpeck almost 11 years ago
You’re never too old or ugly to cruise for hot women. Get that walker movin’ stud!
rini1946 almost 11 years ago
sorry you forgot no refineries so lower supply of gas and that raise the prices also
loubarra almost 11 years ago
Simplistic view of hot topic. No one wants refineries in their backyard in the U.S. refineries don’t make much profit anyway.
sbchamp almost 11 years ago
And you thought she was all about shoes…
Guy Robilliard almost 11 years ago
4 dollar a gallon gas is because you folks wanted “Hope and Change”. Now that we are going “Forward”, don’t look for it to go down, especially when Hillery gets in…..I advise ya’ll to “THINK” before you vote. “nobody” looked at barry’s background before the last (2) voting periods. It’s going to be higher, when Mrs. Clinton is our new fearless leader.
Richtmyer almost 11 years ago
What a bunch of BS! The largest part of the profit is to government in taxes. The profit margin in oil is lower than most other industries.
live.the.future almost 11 years ago
Taxes vs. profits of oil companies: http://www.forbes.com/sites/nickschulz/2012/08/09/taxation-hero-exxonmobil-pays-3-in-taxes-for-every-1-in-profit/
dhmitchell almost 11 years ago
Higher MPG cars are one solution. The other is to go back to living in the same community in which we work and go to school. Use bicycles, mass transit, and feet more, cars less.
Ink blot Premium Member almost 11 years ago
What taxes, you ask? -State and federal fuel taxes, for starters.
On average, states levy a fuel tax of about $0.50 on every gallon of gasoline. The federal government collects about $25 billion in gas taxes, every year. (It’s all in Wikipedia.)
Anyone interested can do their own research regarding other forms of taxation (personal income tax, corporate income tax, local sales taxes, capital gains taxes, etc.).
lightenup Premium Member almost 11 years ago
You guys are an oil barrel of laughs today…
billdi Premium Member almost 11 years ago
that’s absurd. no president has any impact on how oil prices fluctuate; we’re that the mercy of the oil majors and OPEC
ChrisV almost 11 years ago
Back to the strip, it’s nice to see that Lila has a brain in that pretty head of hers after all.
Say What Now‽ Premium Member almost 11 years ago
If it is Obama’s fault that the price of gas went up in the states, why did it go up in Canada? We have a conservative government here.
hippogriff almost 11 years ago
Charles Smith: Yes it did, and more than once, and in Texas which is generally about thirty cents lower than national average. I don’t have selective memory.l
Aslave2Arby almost 11 years ago
dont read the comments dont read the comments dont read the commentsdontread… … …
LOWRIDER84 almost 11 years ago
Average federal tax is 49 cents/gallonAverage state tax id 19 cents/gallonAverage pofit to oil company is 11 cents per gallonThe rest is exploration, recovery, rfining and transportaion.Look it up, libtard.