Gas Price Watch

Discussion in 'The OT' started by Doug Brott, Dec 4, 2008.

  1. dennisj00

    dennisj00 Hall Of Fame

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    Honestly, it'd be a great time to raise gas taxes. The infrastructure needs it.

    The tax has nothing to do with the price of gas, just miles driven.
     
  2. yosoyellobo

    yosoyellobo Icon

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    Jacksonville Fl
    I always belive that we should have had a higher tax like in Europe. Currently the price of gas is £1.33 a liter in London which comes out to about to about $7.60 a gallon. http://www.expatistan.com/price/gas/london
     
  3. jclewter79

    jclewter79 Hall Of Fame

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    Paid 1.99 a gal for ethanol free today in Whitesboro tx
     
  4. Cholly

    Cholly Old Guys Rule!

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    The low price in the Charlotte area at this time is $2.09.9 per gallon. Just across the state line,in nearby Rock Hill, SC, the price is as low as $1.68.
     
  5. dmspen

    dmspen Hall Of Fame

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    Lowest price around me right now is $2.23 at Costco. $2.27 at Safeway.
     
  6. Laxguy

    Laxguy Honi Soit Qui Mal Y Pense.

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    If you put your location on your Profile, no one will have to ask, "Where is that?"
     
  7. Mike Bertelson

    Mike Bertelson 6EQUJ5 WOW! Staff Member Super Moderator DBSTalk Club

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    I was in Rahway, NJ over the weekend and got gas for $1.83/gal. In my area of CT it's more like $2.39/gal.

    Mike
     
  8. jimmie57

    jimmie57 Hall Of Fame

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    I just filled my little Kia Forte for $16.50. Gas was $1.69 a gallon at the Shell station.
     
  9. Laxguy

    Laxguy Honi Soit Qui Mal Y Pense.

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    It'd take me too long to drive to Rahway to fill up. Out here, in the boonies, about $2.35.
     
  10. dettxw

    dettxw MRVing

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    Nov 21, 2007
    Choctaw, OK
    Cheapest in OKC is $1.54 at Moore 7-11s.

    I paid $2.199 for premium pure (no ethanol) gas at the SE 29th & Douglas OnCue Express in Midwest City last night.
     
  11. trh

    trh This Space for Sale

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    NE FL
    Smaller countries and excellent public transit.

    I knew a guy a few years ago in Denmark who was buying a new vehicle. $30,000 price for the vehicle, but then another $15,000 in taxes. As he said, 'they want to encourage everyone to use public transit.'

    I also see on that link you provided, a 900 sq ft furnished apartment in London rents for $3,540 per month.
     
  12. AntAltMike

    AntAltMike Hall Of Fame

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    $1.93.9 at price leader Exon, cash. Next closest was $1.99.9. It was my first sub $2.00/gal purchase since, since... since the Patriots last won a Super Bowl!
     
  13. Lord Vader

    Lord Vader Supreme Member

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    $1.42 in Tomball, TX., just north of me.
     
  14. Rich

    Rich DBSTalk Club DBSTalk Club

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    In a perfectly run state, I'd agree wholeheartedly. But in NJ the money raised for things rarely makes it there. There are still people waiting for relief money from Sandy.

    Rich
     
  15. Rich

    Rich DBSTalk Club DBSTalk Club

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    We seem to be having a gas war here. I've seen it drop from one station to the next one. I filled up the Caddie yesterday for a bit over twenty bucks. I think the price was $1.79. Costco is even cheaper.

    Rich
     
  16. billsharpe

    billsharpe Hall Of Fame

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    The Federal gas tax hasn't gone up for many years. Increasing that should not allow Jersey to divert money elsewhere. Given one party's reluctance to raise ANY taxes means that's no chance of the Federal tax increasing.
     
  17. Rich

    Rich DBSTalk Club DBSTalk Club

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    Oh, we're talking about raising our own gas taxes in NJ. Nothing to do with the Feds. Our infrastructure is in terrible condition, too.

    Rich
     
  18. dennisj00

    dennisj00 Hall Of Fame

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    That group of people need to be sitting on Christie's desk.
     
  19. Rich

    Rich DBSTalk Club DBSTalk Club

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    All kidding aside, this state runs on what little money the politicians don't stick in their pockets. We should be one of the richer states, but the continued misuse of funds holds us down. Ever been to Atlantic City? Ever wander a couple blocks west of the boardwalk? It's a slum. That was all supposed to be cleaned out with the money from the casinos.

    Rich
     
  20. phrelin

    phrelin Hall Of Fame DBSTalk Club

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    There are a lot of news stories about the impact of the price drop, most discussing the positive effect on the average family.

    But among the few negative ones, we had this story about California's Kern County Supervisors declare fiscal emergency amid plummeting oil prices which describes some expected long term local pain:

    Of course as one would expect in states where oil production is a significant source of tax revenue the impact is being discussed in articles such as Oil States’ Budgets Face Crude Awakening which notes:

    I imagine these folks are hoping people soon will trade in their Prius for a very large 8-cylindar SUV.

    In California generally, we have made the problem more complex, as we usually do. We do have some tax revenue directly related to production, but it represents 0.03% of tax revenue. There is the problem seen in Kern County where property values and therefore property tax revenue relate to oil production revenue. But at the pump, while we have the standard per gallon gas tax approach which is high, we also decided to collect sales tax which is a percent of the sale in dollars.

    So now we see California Might Replace Gas Sales Tax With Mileage Tax:

    This idea was originally suggested because of electric cars which use the roads but weren't paying any gas taxes. It didn't get too far partly because gas prices kept climbing. Now they can push it because the price decreases will reduce revenue.

    But as discussed in the news article without any in-depth understanding, the impacts are more complex. Not all sales tax on gas is used on roads, and localities collect sales tax on gas for other purposes.

    Keep an eye on California as a committee goes back to create more humps on the camel.
     

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