Teabagger Whacktard Michelle Bachmann Promises $2 Gas

[KwamiFabu]

I would support a $1 per gallon federal tax on gasoline if it were rebated to reduce the social security wage tax. It should be coupled with the elimination of all federal subsidies for electric cars.

What happens if/when oil shoots back to $100/barrel? History suggests the current trough won't last, and we'll be stuck with both gas tax and electric car subsidies.

 

[Mader Levap]

It should be coupled with the elimination of all federal subsidies for electric cars.

I can't not notice you are ignoring oil subsidies.

 

[Darat]

Would you have a problem with government slapping a dollar or five tax per gallon on gas, with the nominal reason to reduce greenhouse gas burning?

Over here we'd be rejoicing in the streets!


(It's probably at the moment around 70p per litre!)

 

[Trebuchet]

I paid $1.399 after a $0.40 store loyalty discount yesterday. Even the premium was less than $2.00 at $1.999. And my state has among the highest gas taxes in the country.

 

[Polaris]

There is a Smiths grocer by me, that is always .20 higher than a Smiths less than two miles away.

I once saw two Shell stations literally across the street from one another that had separate prices for the same fuel grades.

 

[Trebuchet]

I paid $1.399 after a $0.40 store loyalty discount yesterday. Even the premium was less than $2.00 at $1.999. And my state has among the highest gas taxes in the country.

For what it's worth, taxes here are 44.5 cents for the state and 18.4 for the feds, total of 62.9 cents per gallon. I always wondered where that .9 of a cent came from.

 

[Dog Town]

I once saw two Shell stations literally across the street from one another that had separate prices for the same fuel grades.

A friend of mine owns a Chevron station in east Texas, deep in the country.
He only changes prices when he refills the tanks. No idea if this is how it's done elsewhere. His closest competition is 12 miles away.

 

[a_unique_person]

Would you have a problem with government slapping a dollar or five tax per gallon on gas, with the nominal reason to reduce greenhouse gas burning?

It's also a form of consumption tax. Roads aren't cheap and you apparently have a lot of transportation infrastructure over there that is falling down.

And if it reduces CO2 emissions so much the better.

 

[Travis]

So were not going to talk about how all this cheap oil has economically devastated many sectors of the American economy?

 

[ZirconBlue]

So were not going to talk about how all this cheap oil has economically devastated many sectors of the American economy?

It doesn't seem that long ago that high oil prices were devastating many sectors of the American economy.

 

[elbe]

I once saw two Shell stations literally across the street from one another that had separate prices for the same fuel grades.

If it's a busy, complicated intersection (which I somewhat assume if there are two of the same franchises on it) they could have a sort of "convenience" fee on the one that's easier for most of the traffic to get in and out of.

 

[Tony Stark]

Gas now below $1.50 where I live. Thanks, Obama!

 

[kookbreaker]

So were not going to talk about how all this cheap oil has economically devastated many sectors of the American economy?

The 'price of gas' is not showing the real gas price figures! You see, that price does not reflect that gasoline that doesn't want to be burned engines or gave up trying to find an engine to be burned in. So the 'real' price of gasoline is around $3.50/gal.

 

[lobosrul]

A friend of mine owns a Chevron station in east Texas, deep in the country.
He only changes prices when he refills the tanks. No idea if this is how it's done elsewhere. His closest competition is 12 miles away.

Drove past a Valero yesterday, gas at 1.47. 3 miles away it was 1.79 at a Chevron. Not a single customer there. Good luck with getting through your inventory there guy.

 

[fuelair]

For what it's worth, taxes here are 44.5 cents for the state and 18.4 for the feds, total of 62.9 cents per gallon. I always wondered where that .9 of a cent came from.

Old school advertising psychology - the same that prices 1.95 to 1.99 instead of 2.00. Looks/sounds cheaper.

 

[fuelair]

So were not going to talk about how all this cheap oil has economically devastated many sectors of the American economy?

Any one product economy is subject to that kind of effect for several possible reasons. Any region/area depending primarily on one resource to bring in jobs/fundage will take a hit if prices drop on that resource. Thus, the old saw: Don't put all your eggs in one basket!!


For the uninitiated: http://dictionary.reference.com/browse/old-saw