What's the real cost of gas in America?

[alan1]

I wonder how much in taxes Federal,State and local is attached to every gallon of gas sold at the pump?

Here is the state list. http://www.api.org/statistics/fueltaxes/upload/gasoline-diesel-summary.pdf

The federal gas tax is 18.4 cents a gallon for gasoline, 24.4 cents for diesel.

 

[Katzndogz]

The cost of gasoline is shortly going to be the very least of your problems.

 

[Care4all]

Um ... I already said that.

oh, ya did? then are we agreeing that more domestic production of oil and gas in the USA will not necessarily lower our heating oil and gasoline prices, due to the nature of the global oil market and the obligation of these corporations to make the most money possible for their share holders?

No. Reread my posts.

Do me a favor then....the link you gave for your post that you wanted me to read, does not bring me to the post...

so this is what you need to do.....

go to the post you want me to read, then in the upper right hand corner of the post you will see an icon labeled "PERMALINK".

click on that and then go to the bar that you can copy the link from, and copy and paste it here....this should give me the link for the exact post you want me to read.

Care

 

[Harry Dresden]

The cost of gasoline is shortly going to be the very least of your problems.

yea Dec.21 2012 is only 10 months away......

 

[Crackerjack]

Do me a favor then....the link you gave for your post that you wanted me to read, does not bring me to the post...

so this is what you need to do.....

go to the post you want me to read, then in the upper right hand corner of the post you will see an icon labeled "PERMALINK".

click on that and then go to the bar that you can copy the link from, and copy and paste it here....this should give me the link for the exact post you want me to read.

Care

That's what I did. Not sure why it's not coming up.

Maybe it will help if I put everything I've said so far together:

[Gasoline] gets sold "overseas" (mainly to Canada and Mexico) because the demand is higher and they can charge more per unit in those countries than in this one. Demand here is lower due to the recession, more fuel efficient vehicles and the ethanol mandate, among other things.

The advantage to drilling domestically is the ability to have more control over our source of oil and therefore the price of gasoline's raw material. As it stands now, we buy about half of our oil from OPEC (i.e., Mahmoud Ahmadinejad, Hugo Chavez and the House of Saud, among others), so they basically control the price of half of the oil we buy.

The oil and gas companies will buy from whoever can offer it to them at the lowest price. If the domestic producers can undercut OPEC (which they ought to be able to do), than that will naturally drive down the cost of crude. Domestic drilling also has a natural advantage because the cost of transportation is much lower. Additionally, it puts money in the pocket of everyday people via royalties, rentals, signing bonuses, etc. The major effect needed for gasoline prices to lower is for the economy to come back to life, which can be done by making crude oil cheaper. Once the economy turns around, gasoline consumption goes up, making it cost effective to sell here because they will make more money due to volume sold instead of price per unit.

I'm not suggesting that the government force anyone to do anything. Quite the opposite.

The cost of transporting oil makes it too expensive for other markets outside of North America to buy our oil. It will always be cheaper for Europe and Asia to buy from the Mideast because they can move the oil via pipeline.

We're selling [gasoline] to Canada and Mexico. It's not that expensive to move it there.

 

[Chris]

It's time to move toward alternative energy and conservation.

The Chinese are already doing it.

Do we want to fall behind?

 

[theHawk]

When you include the tax breaks for the oil companies, the environment damage done by fossil fuels, and the trillions we spend in the Middle East protecting the oil supply with our military, the real cost of a gallon of gas is probably closer to $15.

If we switched to alternative energy and conservation, we wouldn't have all these additional costs.

What’s The Real Cost of Gas in America? | Dylan Ratigan

Feel free to start real energy conservation by never using a computer again.
If you had any idea how much power it takes to keep all the servers and network equipment up 24/7, you might hurt yourself for contributing to global warming so much.

 

[Chris]

When you include the tax breaks for the oil companies, the environment damage done by fossil fuels, and the trillions we spend in the Middle East protecting the oil supply with our military, the real cost of a gallon of gas is probably closer to $15.

If we switched to alternative energy and conservation, we wouldn't have all these additional costs.

What’s The Real Cost of Gas in America? | Dylan Ratigan

Feel free to start real energy conservation by never using a computer again.
If you had any idea how much power it takes to keep all the servers and network equipment up 24/7, you might hurt yourself for contributing to global warming so much.

We can all do our part.

I never buy a car that isn't fuel efficient, and I have spent quite a bit of money insulating my home.

 

[Harry Dresden]

When you include the tax breaks for the oil companies, the environment damage done by fossil fuels, and the trillions we spend in the Middle East protecting the oil supply with our military, the real cost of a gallon of gas is probably closer to $15.

If we switched to alternative energy and conservation, we wouldn't have all these additional costs.

What’s The Real Cost of Gas in America? | Dylan Ratigan

Feel free to start real energy conservation by never using a computer again.
If you had any idea how much power it takes to keep all the servers and network equipment up 24/7, you might hurt yourself for contributing to global warming so much.

We can all do our part.

I never buy a car that isn't fuel efficient, and I have spent quite a bit of money insulating my home.

well you can afford that Chris.....after all....you are part of the 1%.....

 

[Toddsterpatriot]

It's time to move toward alternative energy and conservation.

The Chinese are already doing it.

Do we want to fall behind?

Do we want to fall behind in the race to use inefficient, unreliable and more expensive energy?
Absolutely!

 

[The T]

It's time to move toward alternative energy and conservation.

The Chinese are already doing it.

Do we want to fall behind?

Wait a minute...the ChiComs are one of the world's largest polluters...I thought you guys on the left were against polluters?

What's it like to be duplicitous Chrissy? A partisan jerk?

 

[Synthaholic]

I wonder how much in taxes Federal,State and local is attached to every gallon of gas sold at the pump?

MORE than the Oil companies make. Fact.

You want roads, right? You want them maintained, right?

 

[Toddsterpatriot]

I wonder how much in taxes Federal,State and local is attached to every gallon of gas sold at the pump?

MORE than the Oil companies make. Fact.

You want roads, right? You want them maintained, right?

It would be a nice change if the government actually used the gas taxes to maintain our roads.

 

[Synthaholic]

MORE than the Oil companies make. Fact.

You want roads, right? You want them maintained, right?

It would be a nice change if the government actually used the gas taxes to maintain our roads.

Then get the House to stop defunding important infrastructure, so that the gas taxes aren't used to cover other costs.

 

[Londoner]

When you include the tax breaks for the oil companies, the environment damage done by fossil fuels, and the trillions we spend in the Middle East protecting the oil supply with our military, the real cost of a gallon of gas is probably closer to $15.

The alternative energy movement gained momentum under Carter, who begged America to move 30% of its energy use off petroleum (through alternatives and conservation). This was part of a larger plan to reduce petroleum to less than 40% of our total energy pie, which would have allowed us to escape crippling gas shocks.

What Carter required, however, was a short term sacrifice.

Reagan, who was funded heavily by big oil, said petroleum would never be a problem, and that no sacrifices were necessary. He destroyed the alternative movement in California where it had momentum. He and the Right made fun of alternative energy (because the GOP had been fully captured by big oil at this point. They funded think tanks to silence scientific findings on the coming petroleum scarcity. There was actually a scandal in the 80s with one of their now defunct think tanks because they falsified data about oil discoveries that never took place. To put it simply: they invested billions to keep America tied to a substance which would some day ruin the economy).

We got punk'd by the party of big oil, and now we are lying in that grave.

 

[Katzndogz]

It's time to move toward alternative energy and conservation.

The Chinese are already doing it.

Do we want to fall behind?

You can't really believe this? Seriously?

 

[Londoner]

Worst of all: Reagan was asked by the democrats to price the Middle East Pentagon costs into a gallon of gas so Americans could see the real cost of petroleum. Reagan worried that this would send the market a price signal to move investments toward alternative energy and conservation strategies.

Everything was done to hide the real cost of oil so Reagan's big oil government could pick winners and losers.


Had the Dems been successful and forced Reagan to be honest about the real cost of gas, America would not be in such bad shape. Unfortunately, the USA has the highest petroleum use of any country by a staggering margin. This means that when gas prices go up, it hurst the U.S. the most.

People don't get it. When Ronald Reagan, the big oil president, abandoned Carter's alternative energy platform, this country dug its grave. The game is over. People have no idea what's coming. We swallowed poison in 1980.

 

[Full-Auto]

It's time to move toward alternative energy and conservation.

The Chinese are already doing it.

Do we want to fall behind?

Do we want to fall behind in the race to use inefficient, unreliable and more expensive energy?
Absolutely!

Yet Another Subsidized Green Venture Lays Off Workers, Awards Bonuses - Erika Johnsen

 

[Crackerjack]

It's time to move toward alternative energy and conservation.

The Chinese are already doing it.

Do we want to fall behind?

They aren't moving towards shit. They're burning coal as fast as they can get it out of the ground.

Here, from a suitably leftist website: https://thinkprogress.org/romm/2011/12/21/393702/graphic-china-consumption-of-coal/?mobile=nc

The renewable energy market there is propped up by the government so that idiots like you will go invest money over there.

 

[The T]

MORE than the Oil companies make. Fact.

You want roads, right? You want them maintained, right?

It would be a nice change if the government actually used the gas taxes to maintain our roads.

They treat it like Socialist Security...use the funds for other purposes.