When a municipality cuts gas taxes, many stations don't drop their prices.
I live near Atlanta, Georgia, and Georgia recently suspended the state gas
tax for a month. Few gas stations dropped their prices until the state
started going around to various gas stations to have them open their books
and justify their prices.
I guess if you call the station owner or company's pockets nowhere, then
the tax didn't go anywhere. However, at 13.1 million gallons per day
consumption (Georgia's average as of 1991), that's almost 2 million dollars
a day getting pocketed if someone hadn't stepped in.
The tax should not be cut. I'm against taxes and un-needed government
spending but cutting the gas tax does not help the consumer. The gas
companies will continue to sell at high prices knowing the consumer is not
going to stop buying and the government is going to just subsidize them.
If the gas tax is cut, the state will have less income. You can be sure
that does not mean less spending. The money will come from some other tax,
one that may be more oppressive.
$2.899 Bowling Green, KY 8:30 PM CST and rising.
We now return you to your regularly scheduled programming.
Riddle me this Batmam: How come a hurricane in Louisiana YESTERDAY
makes pump prices rise today? Does it mean that the gasoline that is
already in the tanks at the gas stations will be billed at a higher
price? I think not. It may be on 30 day net, but the invoiced price is
the price and the markup should be pretty standard in an industry as
mature as that one.
I mean, Vaseline is a petroleum based product. I went into a pharmacy
and they weren't changing the prices on the KY Jelly because of the
hurricane. So what gives?
Just 'taint right I tells ya...
Of course, if I say we are being robbed blind - I get pegged as an
anarchist. What an insidious series of unfortunate events that led to
this point whereby we are bound by words so we can no longer express
ourselves to the point that evokes creative solutions.
Saying gasoline is what it is a gallon is good info, but what is it we
are really saying? How much are we going to take? Maybe. Ooops.
Then again, I remember: "By God, when cigarettes get to $1.50 a pack
I'm quitting!" Except I don't have to have a cigarette to get to work
and support my family.
Maybe the rising gas prices will be a national average taxpayer's new
Threat Meter. Homeland Security has the Threat Meter for terrorism.
Maybe they are watching the wrong meter. Personally, I'd like it if
they watched our gas meters. After all, it is a petroleum based
Our Threat Meter is simple. The higher the price of gas goes, the more
of a threat to our way of life shows its face ...
Sorry for the length. Had to get it off my chest. (had to glue the leg)
This morning it was $2.50 a gallon. Now it is $3.20 a gallon. It wet
up 70 cents in one day. And that assumes you can get it, Many
stations are running out. We may have to shut down our business till
Converting from our $1.15 Canadian per litre to US gallons (that's for the
cheapest 'Regular' 87 octane).....
It is close to the equivalent of $3.49 US dollars, per US sized gallon here
in eastern Canada!
SUV and V8 owners looking worried!
The high prices may not be the big problem. My daughter works in Phenix City
Alabama, just across the river from Columbus Ga. On the way home tonight she
found that most stations were dry and had no idea when refills would be in.
In central CT today, my wife was actually at the pump when 93 octane went
from 2.89 to 3.09, and on my way home Citgo was 2.81 for regular. I paid
2.59 on Monday at the same Citgo. The place my wife went to had only the 93
octane, and it's one of those giant stations with many pumps.
wrote Re OT - How much is regular gas where
We paid $2.71 at 6:00 p.m. this evening - at Sam's Club in the Philly
'burbs. At 4:00 this afternoon the station around the corner from me posted
$2.99. At 7:00 it was $3.15. Price gouging at its finest.
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