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Why Is Gas So High?

This is a discussion on Why Is Gas So High? within the Energy forums, part of the US Discussion category; Quote: Originally Posted by KissMy Quote: Originally Posted by KissMy Quote: Originally Posted by Care4all NO kiss, You got that one wrong. The federal gasoline ...


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  #166 (permalink)  
Old 02-08-2012, 07:40 PM
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Quote: Originally Posted by KissMy View Post
Quote: Originally Posted by KissMy View Post
Quote: Originally Posted by Care4all View Post

NO kiss, You got that one wrong.

The federal gasoline tax has NOT been raised since 1993, nearly 20 years it has stayed the same, which is 18.4 cents a gallon.

Pelosi didn't even have control of congress in 2011?

Maybe your State has raised their State gasoline tax, but the Federal Gas tax is long over due if we honestly review our infrastructure and the money needed to replace the risky and unsafe things like many old bridges.

Though I am personally starting to believe the oil and gasoline industry and auto makers in the private sector should maintain our roads since they benefit the most monetarily from all the cars sold and gasoline used due to this infrastructure....

Each State's gas tax is much higher than the federal gas tax...on average about 33 cents a gallon/ state.

Fuel taxes in the United States - Wikipedia, the free encyclopedia
The ethanol tax cut reduced the taxes everyone paid at the pump since every gallon of gasoline contained at least 10% ethanol. Congress sunset the ethanol tax cut at the end of 2011. See the sudden gas price reversal & spike since new years in the chart below. That is a direct result of higher taxes per gallon & falling ethanol competition. Gasoline prices continue to spiral as ethanol production has dropped every since this tax hike on new years day.



Quote:
Jan. 25 (Bloomberg) -- Ethanol production in the U.S. fell 0.7 percent to 934,000 barrels a day, the lowest level since Nov. 25, according to an Energy Department report.

The third consecutive weekly drop matches the longest such streak since the period ended Sept. 23. Stockpiles climbed 1.4 percent to 19.8 million barrels, the highest level since the week ended May 27, the department said in a report released today in Washington. Inventories have swelled six straight weeks, the longest streak since Jan. 21, 2011.
Gasoline will rise the entire 45 cents before ethanol becomes competitive enough to compete against gasoline again at the pump. It is good to see Americans willing to shell all that extra hard earned cash at the pump again.
E85 around here has risen to within 20 cents of regular. Yep. that's right. half the power for almost the same price! You better hope you're really saving the planet to justify THAT stupidity.
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  #167 (permalink)  
Old 02-08-2012, 08:11 PM
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Quote: Originally Posted by Big Fitz View Post
E85 around here has risen to within 20 cents of regular. Yep. that's right. half the power for almost the same price! You better hope you're really saving the planet to justify THAT stupidity.
I have been running E85 for 10 years but now have switched to burning regular gas since the first of the year. There is no mileage increase on regular gas. I did a 250 mile test last week & was within 0.5-mpg.
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  #168 (permalink)  
Old 02-08-2012, 08:32 PM
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Quote: Originally Posted by KissMy View Post
Quote: Originally Posted by Big Fitz View Post
E85 around here has risen to within 20 cents of regular. Yep. that's right. half the power for almost the same price! You better hope you're really saving the planet to justify THAT stupidity.
I have been running E85 for 10 years but now have switched to burning regular gas since the first of the year. There is no mileage increase on regular gas. I did a 250 mile test last week & was within 0.5-mpg.
strange.... on my 300 mile trips I notice significantly less mpg with only 10% ethanol. about 60 miles less over the same route.
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  #169 (permalink)  
Old 02-09-2012, 12:14 AM
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Why are we exporting 20% of ethanol production?

Isn't that counter-intuitive to the original purpose of the scheme?

Why isn't agriculture vilified for exporting ethanol, but the petroleum industry is downright castigated if they export refined product.
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  #170 (permalink)  
Old 02-09-2012, 11:33 PM
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The dollar is getting kick to the curb.

The dollar is not being recognized in china, russia, iran, brazil and soon to be more. We print money and thus produces a weaker dollar.

In economics, if you print more money to chase fewer goods...it only weakens the dollar.

When the dollar weakens, the average American will be paying more for every life necessity..food clothes and entertainment. That means higher interest rates.

Last edited by zonly1; 02-09-2012 at 11:35 PM.
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  #171 (permalink)  
Old 02-10-2012, 06:24 AM
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Right now I have so much gas I'm wearing ballast.......
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  #172 (permalink)  
Old 02-21-2012, 08:52 AM
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Quote: Originally Posted by Mr. H. View Post
Quote: Originally Posted by waltky View Post
US Exporting Record Amount Of Gasoline...
errr... you're repeating what edthecynic already posted.

It needs repeating because you "village idiots" are not getting it.
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  #173 (permalink)  
Old 02-21-2012, 11:26 AM
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Why Is Gas So High?

Because Obama personally demanded that the Texas refineries follow the law and clean up thier refineries that they had twenty years and trillions of profit dollars to accomplish. And to make things worse Obama recently visited Washington state and by remarkable co-incidence a fire started at the Bellingham refinery when he was here.

It is and always has been Obama's fault. There is no denying it.
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  #174 (permalink)  
Old 02-21-2012, 12:04 PM
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Quote: Originally Posted by HUGGY View Post
Why Is Gas So High?

Because Obama personally demanded that the Texas refineries follow the law and clean up thier refineries that they had twenty years and trillions of profit dollars to accomplish. And to make things worse Obama recently visited Washington state and by remarkable co-incidence a fire started at the Bellingham refinery when he was here.

It is and always has been Obama's fault. There is no denying it.
Vetoing the Keystone XL pipeline couldn't have had any effect, could it?

Noooooooooo....
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  #175 (permalink)  
Old 02-21-2012, 01:13 PM
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Again, Fritzy, how can it have an effect when we are exporting gasoline? You are like a stuck record, repeating the same thing, no matter how irrelevant.
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  #176 (permalink)  
Old 02-21-2012, 03:11 PM
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Gas prices are high because it was one of obama's campaign promises. Energy prices would skyrocket and gas should to up to $8.00 to $10.00 a gallon.
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  #177 (permalink)  
Old 02-23-2012, 04:58 AM
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because your dumb as country is controled compeled to do what ever isreal tells it to do, and insists on putting santions on iran when most sensible people will tell you they control the straits of humoze (sorry about the spelling) and would kick you butts if you tried to stop them.
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  #178 (permalink)  
Old 02-23-2012, 05:02 AM
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Big Fitz could be on the Supreme Court
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Quote: Originally Posted by jodylee View Post
because your dumb as country is controled compeled to do what ever isreal tells it to do, and insists on putting santions on iran when most sensible people will tell you they control the straits of humoze (sorry about the spelling) and would kick you butts if you tried to stop them.
How stands that 4th most powerful military in the world: Iraq? Circa 1991 of course.
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  #179 (permalink)  
Old 02-23-2012, 05:12 AM
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Quote: Originally Posted by Katzndogz View Post
Gas prices are high because it was one of obama's campaign promises. Energy prices would skyrocket and gas should to up to $8.00 to $10.00 a gallon.
wrong! and a lie....katz.
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  #180 (permalink)  
Old 02-23-2012, 06:43 AM
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