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Old 12-09-2014, 08:06 PM   #11
Doug McCue
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Default Re: Oil Price Dropping

The news said with fuel prices this low it is time for more taxes on each gallon.
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Old 12-09-2014, 10:10 PM   #12
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Default Re: Oil Price Dropping

And once taxes are added they never seem to drop off.......
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Old 12-09-2014, 10:38 PM   #13
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Default Re: Oil Price Dropping

Quote:
Originally Posted by Adger Smith View Post
That's a Fact, Jack! (I always wanted to say that) The price of Racing fuel is tied to the Chemical market prices. Very little base crude is used in racing fuel.
Old as I am, I still learn something every day. I had no idea.
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Old 12-09-2014, 10:44 PM   #14
Adger Smith
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Default Re: Oil Price Dropping

SEE HERE, that is just gouging us on taxes. The taxes are based on "Per Gallon sold" Not the price sold at.
When Gas prices are lower it doesn't lower the amount of taxes collected, on the contrary.... It should increase the tax dollars collected because people are going to drive more and burn more fuel. Duh. This is an example of either a mis-informed news media (Talking Head) or a mis-informed Govt. official.
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Old 12-14-2014, 07:07 PM   #15
chris ok
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Default Re: Oil Price Dropping

Yes sir Adger. That is straight up correct.
Gas price by me 2.89 regular
Was 2.85 last week. Jeez. Or I mean greed.
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Old 12-14-2014, 07:36 PM   #16
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Default Re: Oil Price Dropping

gas price at the Ill/WI bored ---Illinois--$2.59--- Wisconsin side of the street $2.32---
Diesel--- $3.34 both sides of the street---FED 387
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Old 12-20-2014, 11:02 AM   #17
Adger Smith
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Default Re: Oil Price Dropping

I bet the difference in State taxes makes up most of the price difference on the other side of the street. Look at that huge price the California residents are taxed per gallon... wow!
Check out this chart on Fuel Tax: http://en.wikipedia.org/wiki/Fuel_ta..._United_States
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Old 12-20-2014, 05:42 PM   #18
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Default Re: Oil Price Dropping

In Wisconsin where I live is 100 mi north of the Ill line , and today Premium w/o ethanol is 2.99 ! And dropping ! That's fine with me !
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Old 12-22-2014, 03:25 PM   #19
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Default Re: Oil Price Dropping

Here on Maui it's $2.85 for regular @costco and $3.89 most everywhere else
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Old 12-22-2014, 10:44 PM   #20
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Default Re: Oil Price Dropping

Old Bridge NJ $2'17 reg $2.79 diesel
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