Gas taxes?...Who is gouging?

[Mulhollanddose]

[Mulhollanddose]

60 fuging cents per gallon?...And I get slapped upside the head by environmentalists every time I have to fill up with 91 octane piss...all the while the enviro extremists laugh "he he he he" because demand decreases and they have had their evil way and the government gets fatter.

[Jim Richards]

your moped takes 91 octane?

[Mulhollanddose]

I was going to reply with a "...your momma" type of retort, but I thought it unseemly.

[Mulhollanddose]

Originally posted by Jim Richards
your moped takes 91 octane?

I eat 99.5% of Porsches for lunch.

[gaijindabe]

Thank you all - and I mean this - for subsidizing my subway ride home tonight.

[sammyg2]

One thing that has always bugged th you know what out of me:

In Kalifornia we pay about 37 cents per gallon in excise tax.
THEN..... we pay up to 8% sales tax on not only the sale price of the gallon, but also the EXCISE TAX!
That's how it gets to 60 cents a gallon.

I hate getting taxed on taxes.

[Mulhollanddose]

And we only get enviro piss 91 octane...muddafuQ#$%^&%$#@$%%^^%$##@$$%#$% SOBS!!!!!

[Jim Richards]

LOL Mul!

[David E. Clark]

Check out this article: New Gasoline Study Shows Profits, Not Crude Oil Prices Or Ethanol, Are Driving Pump Price Spike.

The Readers Digest version:

An independent study in California found that only about one-third of the recent 60-cent per gallon gasoline price hike could be attributed to market surges and increased sales tax. That means more than 40 cents of the hike is due to increased profiteering by oil companies.

[Jim Richards]

So, what does the gas tax have to do with (the current round of) price gouging? Why are those taxes levied in the first place? FL likes to find ways to make money off tourists, in lieu of state income taxes. Gas taxes is part of their arsenal. Northern tier states use the taxes for what? Their roads take a beating from both cars and mother nature. But is it for other things, too? How about CA? And NV? What the heck are high gas taxes there for? Subsidizing the Mustang Ranch?

[pbs911]

The Readers Digest version:

An independent study in California found that only about one-third of the recent 60-cent per gallon gasoline price hike could be attributed to market surges and increased sales tax. That means more than 40 cents of the hike is due to increased profiteering by oil companies.

No *****. How anyone could even consider the alternative is beyond comprehension.

[914GT]

It's obvious that the solution is .... higher gasoline taxes. at least it is according to a genius at CNN today.

[gaijindabe]

No agenda here, no none whatsoever.

"This study should be a wake-up call for California voters who will vote in November on a ballot initiative to tax windfall profits by oil companies so the state can develop alternatives to the petroleum economy."

Didn't they try this with electric rates?

[Rick Lee]

How can anyone with more than an 8th grade edumacation think a windfalls profit tax will do anything other than get passed straight onto the consumer and/or create shortages? Sometimes I wish these crackpot theories would be put into law so their supporters could see the real effects and then we wouldn't have to worry about them for at least another generation.

[cegerer]

In Michigan, every time a gallon of gas goes up 10 cents, the State collects an extra 30 friggin' million dollars in sales tax! This is what is called a Tax Windfall This is money the bureaucrats were not planning on and did not budget for, but once it's in their greedy little hands, it's as good as gone.

[Don Ro]

From the "Energy independency" thread:

Originally posted by sammyg2
Corporate greed?
Please expain what you meant.

"While oil companies continue to blame crude oil prices and ethanol additives for the recent gasoline price spikes in California, the chief cause is increased profiteering by oil companies that have previously posted world record profits," said Hamilton.

Oil companies are opportunistically using the rising world price for crude oil as an excuse to excessively raise gasoline prices and pump up their profits, even though the spot market price for crude has gone up far more slowly than gasoline prices," said FTCR President Jamie Court. "In addition, the spot price is higher than most oil companies pay, since they either harvest their own crude or pay more stable and often much lower contract prices."

[sammyg2]

David wrote:
"The Readers Digest version:

An independent study in California found that only about one-third of the recent 60-cent per gallon gasoline price hike could be attributed to market surges and increased sales tax. That means more than 40 cents of the hike is due to increased profiteering by oil companies."

Yes, the oil companies are proffiting from the higher price of gasoline, but if you think they just decided to raise the price, you need to do some more homework.
While the major oil companies have some small influence in the prices, THEY DO NOT SET THE PRICES!

Please, become at least partially informed regarding a topic before pointing fingers.

[Rick Lee]

I think rising price for bbl. of oil is a very good reason to raise the price at the pump. Wouldn't we have shortages very fast if the price stayed artificially low? BTW, Jamie Court is a very good client of my company. We're happy to take FTCR's money, even when they're wrong.

[mudman]

Originally posted by cegerer
In Michigan, every time a gallon of gas goes up 10 cents, the State collects an extra 30 friggin' million dollars in sales tax! This is what is called a Tax Windfall This is money the bureaucrats were not planning on and did not budget for, but once it's in their greedy little hands, it's as good as gone.

But this is what keeps our roads in such beautiful condition, right? Wait, wait: it is what pays for the 957,845,753,128.25 fuchking orange barrels, right?

Or did it pay for the road grading on my dirt road today (probably the only time it'll be graded this year)

-Jeremy