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How does gas at $4 and higher impact you?



  • fintailfintail Posts: 32,917
    Of course, in most of those places, they get something for the taxes that make up for those price differences vs the US. Whereas most of us here just get second world quality roads and decaying infrastructure for our tax proceeds.
  • lemkolemko Posts: 15,071
    Speaking of 2nd world quality roads, just passed under a concrete overpass in NE Philly where all the rebar was exposed from the crumbling concrete. This is a disaster just waiting to happen.
  • hpmctorquehpmctorque Posts: 4,120
    True, although it's difficult to conclude how it nets out in terms of value per tax dollar. Given a choice of paying, say, 1 1/2-2x our price for gas in exchange for better maintained roads and bridges, what percentage of drivers would choose the former? Or, in Europe, would most motorists prefer a significant reduction in fuel prices in exchange for a degraded infrastructure? I suppose in Europe there might be a wide variation, depending on the country.
  • gagricegagrice San DiegoPosts: 28,680
    NE Philly where all the rebar was exposed from the crumbling concrete. This is a disaster just waiting to happen.

    Your stimulus that did not get used on infrastructure projects as promised. Don't sleep under that bridge or drive over it. One of 30,000+ in the USA considered unsafe.

    11.5 percent of US bridges, crossed by an average of 282,672,680 vehicles daily, were graded as "structurally deficient" by the Federal Highway Administration
  • fintailfintail Posts: 32,917
    I suspect in Europe there would be support, but maybe not enough to repeal the taxes. They understand the idea of a social good more than most here. And of course, most people there live in places where population density and travel distances make transit solutions and quality roads easier to finance than here.

    In the US, where due to our sketchy capitalism that socializes losses and privatizes profits, nobody would support it, as too many people are on the edge as it is. I'd be thrilled to simply see licensing standards from more developed places.
  • Stever@EdmundsStever@Edmunds YooperlandPosts: 38,981
    You'd think a surplus would lower prices. :confuse:

    "A glut of ethanol in the gasoline supply is threatening to push up prices at the pump and may have exacerbated the growing cost gap between regular gasoline and premium, some oil experts say."

    Ethanol Surplus May Lift Gas Prices (NY Times)
  • gagricegagrice San DiegoPosts: 28,680
    Not easy to grasp. What it tells me is a person is better off with a diesel vehicle, to avoid all the various mixes of ethanol.
    The more ethanol the lousier the mileage.
  • berriberri Posts: 4,006
    edited March 2013
    Ethanol is agricultural welfare, whether ADM or large corn farmers...and Democrat or Republican - it ain't gonna change. My money says Congress and the EPA will ram that 15% down our throat, just like other recent dumb moves - think light bulbs, sugar quotas and on and on! To hell with what you want or need, it's special interest campaign contribution money!
  • imidazol97imidazol97 Crossroads of America: I70 & I75Posts: 17,713
    >You'd think a surplus would lower prices.

    It was only last week I was listening to a news story explaining higher gas prices because of a shortage of ethanol. Was that wrong? This article sounds like it's too much ethanol being manipulated for political purpose to change the Renewable Fuel Standard.

    The article is confusing as far as how it's been written. I need to go back through and analyze it like an essay. I suspect part of the article got cut in editing?

    The real tenet is that premium fuel will cost more just because more cars will need it in the future to try to reach the silly, over-reaching fuel mileage mandate of this Administration.

    This message has been approved.

  • jae5jae5 Posts: 1,205
    With more people buying PEVs (Plug-in Electric Vehicles) what are your thoughts on continuing rises in petrol prices? Let's say if the gov meets it's goal of the 50K or so per year in sales of PEVs, along with continued decline of fuel usage, does anyone think prices would have to fall or would the oil/gas traders / companies make "changes" to keep the prices elevated?

    My thoughts are despite demand, the prices will remain artificially high by any means necessary to keep the record profits. I mean, I never understood drill baby drill Faux News crap-o-la because oil is sold on the world market, to get the highest $$$ trade possible. Plus, with China's demand why would our home oil go to $2 / be cheaper even if we drill every nook & cranny in the U.S.
  • gagricegagrice San DiegoPosts: 28,680
    I mean, I never understood drill baby drill Faux News crap-o-la because oil is sold on the world market

    I don't think price was the issue. Buying from countries that hate US and balance of trade was more the issue.

    Now we see buy from companies that make their products in the USA. May be a bit late now that we have shipped a huge percentage of our jobs off shore.
  • imidazol97imidazol97 Crossroads of America: I70 & I75Posts: 17,713
    edited March 2013
    > I never understood drill baby drill Faux News

    I never understand why some people think Fox News is biased. They obviously don't watch the news reporting part. They may watch some of the commentators in the evening, but the news is far from biased. In fact, I've been surprised how complete it is. Much more complete than ABC or CBS on topics covered and topics omitted.

    As for Fox News and their news reporting, it is much more fair and balanced than the source of much of the ridicule, MSNBC. Here's Pew Report on their lack of fairness. news-network-n1537986

    I personally listen to lots of different views and I can pick out the garbage, the slant by omission of whole topic or omission of parts of a report.

    But I consider the term "Faux News" to be offensive because it's so far from the truth.

    This message has been approved.

  • berriberri Posts: 4,006
    That's the fallacy of all that tea party crapola about the XL pipeline in Nebraska and oil supply and prices. It's really about a few incremental jobs in Houston area refineries once it's built and then oil company and refinery profit increases. Not going to mean squat for US gasoline prices despite all that BS on Faux News.
  • berriberri Posts: 4,006
    edited March 2013
    I dunno, not just the Fox news channel, but Fox news in general always seems a bit sensationalistic to me. Actually, a good source for balanced news is the Wall Street Journal as long as you ignore the editorial pages section of it. TV news is more about entertainment and marketing, and cable channels are even worse.

    It just occurred to me that I believe both Fox News and WSJ are now owned by that Rupert Murdoch guy and his media empire that is in trouble for their antics in the UK. Kind of ironic! Luckily, I believe he's allowed the WSJ reporters to stay away from that tabloid approach.
  • Stever@EdmundsStever@Edmunds YooperlandPosts: 38,981
    edited March 2013
    We used to subscribe but the WSJ has gone downhill, but then again, most of the papers have.

    I find this a little hard to believe (naturally we have a drive planned there in a few weeks):

    Chicago has highest gas prices in U.S.

    Since it's from the local ABC station in Chicago, there may be an element of sensationalism going on. :shades:
  • imidazol97imidazol97 Crossroads of America: I70 & I75Posts: 17,713
    edited March 2013
    >ABC station in Chicago, there may be an element of sensationalism

    Is there a gas tax in Chicago that's in addition to other taxes? I think I remember reading that after visiting there a few years ago and being surprised at how high fuel prices were.

    I found this which is a couple years old: 0110619_1_prices-rocket-gas-prices-crude-oil-prices

    But that's just state sales tax.

    Illinois is unusual for allowing counties and municipalities to tax gasoline.

    Consider total sales taxes in Chicago: City, county and Regional Transportation Authority sales taxes add another 3.5 percent, but because of the ethanol factor, it's 2.8 percent.

    In sales taxes alone, a $4 gallon of gas goes to about $4.31, according to calculations based on figures provided by the Illinois Department of Revenue.

    But there's more.

    When you buy gas in Chicago, you pay a couple more flat taxes. The city of Chicago and Cook County not only levy sales taxes but also flat taxes of 5 cents and 6 cents, respectively. Illinois is the only state to allow all these different taxes to be levied in concert, Sykuta said.

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  • Stever@EdmundsStever@Edmunds YooperlandPosts: 38,981
    Must be how they pay for the L, but I'd rather ride it than drive.
  • berriberri Posts: 4,006
    edited March 2013
    ...and the WSJ subscription prices have gone way up to accommodate all that Saturday issue focus on NYC real estate, fashion and entertainment. You can get the relevant business markets news much cheaper in the weekly "Barron's". As for Chicago gas prices, I think it also includes sales tax on top of all the fuel taxes.

    PS - I think they might be higher in Honolulu!
  • dieselonedieselone Posts: 5,627
    Yeah chicago has a higher gas tax vs the rest of the state. I always make sure I have plenty of gas prior to entering the city.
  • Stever@EdmundsStever@Edmunds YooperlandPosts: 38,981
    I like reading the NYC stuff and I still read a lot of the WSJ. Just not subscribing now.

    I'll have to remember to fill north of the city and we won't be driving much once we get to town so hopefully I can avoid getting gas there period.
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