Make that 49.9 cents per gallon (4/4/2006), and 360,000,000 gallons a day, which is $179,640,000 in government gouging per day
1 posted on
04/21/2006 5:24:56 PM PDT by
xcamel
To: xcamel
Not to mention the cost of the EPA requirements in each state - the very expensive blends required instead of one. There was talk to stop this practice and just use one - looking at it logically; you fill your car up with your state's EPA blend then drive to another state or states, commingling blends along the way - does this make sense to anyone? I think we need to follow the money here
2 posted on
04/21/2006 5:37:36 PM PDT by
yoe
To: xcamel
Regular Gas in NJ $2.76 today. Minus $0.50 that the Government takes. Minus $0.75 that the speculators made. Minus $0.50 that the oil companies made. Minus $0.75 that the oil companies spend to buy and refine the gas leaves $0.26 a gallon going to the sellers of oil.
Thanks to the Democrats we will continue to pay and pay and pay. All to protect the future of the country they are trying to destroy.
3 posted on
04/21/2006 5:58:04 PM PDT by
rocksblues
(Rummy fan here!)
To: xcamel
Not to mention, but, the federal government gets approximately 13% (13 barrels out of every 100) royalty for onshore federal leases and 17% (17 barrels out of every 100) royalty for offshore leases of every barrel oil produced.
Same royality percentages apply for natural gas production on federal lands.
And to think, we had a revolution over a pittance tax on tea? How far once free men have fallen into present vassal subjugation.
To: xcamel
So "Big Oil" made $9Bil last year and the ever pompous US Senate called the execs in for a "price fixing and gouging" inquisition while the US Government quietly raked in $2.3Tril.
That takes serious stones or they think we're stupid. $3.00/gal gas really sucks, but I'm not blaming 'big oil' for it.
6 posted on
04/21/2006 6:17:19 PM PDT by
infidel29
("We are all born ignorant, but one must work hard to remain stupid." --Benjamin Franklin)
To: xcamel
That tax rate chart looks shockingly simiiar to the increase in Social Security payroll taxes over time.
7 posted on
04/21/2006 6:43:55 PM PDT by
Wristpin
("The Yankees announce plan to buy every player in Baseball....")
To: xcamel
Wouldn't it be interesting if 50% of the population of this country would stop driving for 1 day, wouldn't use the power mower, tractor, boat, etc. I would wager that a $400 million retirement package wouldn't happen after that, and the fed would get the idea that the people mean business...ahhh, so much for pipe dreams.
8 posted on
04/21/2006 6:55:36 PM PDT by
Sarajevo
To: xcamel
In 1932, the federal government imposed the first federal gas tax. It began as a temporary levy with a rate of just 1 cent per gallon.Temporary. Hah.
11 posted on
04/21/2006 7:38:56 PM PDT by
lowbridge
(I want to die peacefully in my sleep like my grandfather. Not screaming, like his passengers.)
To: xcamel
The gas taxes are about as close to a fair, use tax as there is in this country. Money for roads has to come from somewhere, and taking that money from gas sales means the people who use the roads pay for them.
Cutting the gas tax will just shift that cost away from actual drivers to your and my income tax returns instead. Just another progressive subsidy. No thanks.
15 posted on
04/21/2006 11:52:16 PM PDT by
CGTRWK
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