Gasoline prices?

Emultra

Golden Member
Jul 6, 2002
1,166
0
0
What is the current approximate gasoline price in the US? Is it above $2 a gallon?

Here, it just hit $5.86/gallon. No joke.

What I want to know is how much of your gas price is made up of taxes?
For us, tax for gas accounts for about 70% of the net price.


 

Stunt

Diamond Member
Jul 17, 2002
9,717
2
0
Where is here?
I like to see oil prices go up...i think it will be a great thing over time.
 

Stunt

Diamond Member
Jul 17, 2002
9,717
2
0
Canada's share of tax from a 85 cent a litre purchase is 40 cents.
I think with high prices, everyone is getting a little more in the piggy bank. I hear that Canada's gasoline tax revenues are $175 million alone on the gst which accounts for 6 cents of the 85 cent price.
 

sniperruff

Lifer
Apr 17, 2002
11,644
2
0
Originally posted by: Stunt
Where is here?
I like to see oil prices go up...i think it will be a great thing over time.

i bet UK

and yes here in NY regular is well above $2... i don't drive but my guess would be $2.2x at least
 

glenn1

Lifer
Sep 6, 2000
25,383
1,013
126
2.15/2.25/2.35 for regular, plus, and premium here respectively in Richmond, VA. We tend to be a bit cheaper than other locales.

I forget the exact gas excise tax rates, I think it's like .28/gal Federal and between .10-.30/gal additional for state and local depending on where you live.
 

Stunt

Diamond Member
Jul 17, 2002
9,717
2
0
Originally posted by: dmcowen674
Originally posted by: Stunt
Where is here?
I like to see oil prices go up...i think it will be a great thing over time.

Yes, higher and faster the better :thumbsup:
Not faster as it will throw the economy out of whack, too much money flowing out internationally instread of value added services or opportunities.
But as the economy adjusts to the rising prices and people are able to predict expected rises, the sooner we can convert to alternate energy sources, at least the demand for such things will increase substantially.
We have to evolve in our energy consumption considerably.
 

CaptnKirk

Lifer
Jul 25, 2002
10,053
0
71
Today it's $ 212.9/Gal at the Discount Stations, up from 1.74.9 in 22 days.

Friday it was # 199.9 & this morning it was $ 2.07.

This is the highest I have ever seen it - and the most I have ever paid.

There's more than a little potential to begin crippling the economy as
larger cars and SUV will start to be left at home and not sold by dealers.
Food prices will be going up as growers & shippers offset their expenses.

Anybody really think that they're paying that much in China -
like 1/2 a weeks wages to buy fuel ?
 

arsbanned

Banned
Dec 12, 2003
4,853
0
0
2.15/gal here in mid coast Maine.
Did anyone happen to hear Woolsey and that former top U.S. General on NPR today talking about how we MUST turn to hybrid tech and other technologies since there is going to be a spike in oil prices, most likely caused by a terrorist attack on the ME oil infrastructure. They claim it's not an "if" proposition, it's a "when" and how bad. Interesting fellows. Scaring the crap oughta me, but interesting. I think I'll take my investments and convert to mattress stuffing. :p
 

Bowfinger

Lifer
Nov 17, 2002
15,776
392
126
$2.10/gal for 10% ethanol blend in Des Moines. A few cents higher for regular unleaded. That's a six cent jump overnight. It's the highest I've ever seen it here (except for a couple of profiteers on 9/11, lasted less than a day IIRC).
 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: Bowfinger
$2.10/gal for 10% ethanol blend in Des Moines. A few cents higher for regular unleaded. That's a six cent jump overnight. It's the highest I've ever seen it here (except for a couple of profiteers on 9/11, lasted less than a day IIRC).

Actually it was a $.10 jump overnight but it was last Thursday IIRC. It was 1.99 last week until the jump and has been 2.099 all weekend. It should drop wednesday here though(late tuesday) as that seems to be how things trend here.

CsG
 

Bowfinger

Lifer
Nov 17, 2002
15,776
392
126
Originally posted by: CADsortaGUY
Originally posted by: Bowfinger
$2.10/gal for 10% ethanol blend in Des Moines. A few cents higher for regular unleaded. That's a six cent jump overnight. It's the highest I've ever seen it here (except for a couple of profiteers on 9/11, lasted less than a day IIRC).

Actually it was a $.10 jump overnight but it was last Thursday IIRC. It was 1.99 last week until the jump and has been 2.099 all weekend. It should drop wednesday here though(late tuesday) as that seems to be how things trend here.

CsG
Do you have to disagree with everything? Maybe that's what happened in Ankeny. but around here it jumped a nickel from 1.99.9 to 2.04.9, fell to 2.03.9 (or even 2.02.9 at one downtown station), then jumped again six cents to 2.09.9 (current price). Some stations in Ames are 2.10.9 today.

I don't know about Perry or Indianola or Newton. I've found prices well outside the metro are often several cents different from Des Moines, sometimes higher, sometimes lower. Metro prices are usually within a couple of cents of each other.
 

alent1234

Diamond Member
Dec 15, 2002
3,915
0
0
Originally posted by: CaptnKirk
Today it's $ 212.9/Gal at the Discount Stations, up from 1.74.9 in 22 days.

Friday it was # 199.9 & this morning it was $ 2.07.

This is the highest I have ever seen it - and the most I have ever paid.

There's more than a little potential to begin crippling the economy as
larger cars and SUV will start to be left at home and not sold by dealers.
Food prices will be going up as growers & shippers offset their expenses.

Anybody really think that they're paying that much in China -
like 1/2 a weeks wages to buy fuel ?

65% of the price of gas in the USA is taxes

 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
I'll notice it's above $2 and have no doubt it's going to $4 within a year. Free ride is over. Even at your price though it's a pretty good deal, ya know?
 

Stunt

Diamond Member
Jul 17, 2002
9,717
2
0
Originally posted by: alent1234
Originally posted by: CaptnKirk
Today it's $ 212.9/Gal at the Discount Stations, up from 1.74.9 in 22 days.

Friday it was # 199.9 & this morning it was $ 2.07.

This is the highest I have ever seen it - and the most I have ever paid.

There's more than a little potential to begin crippling the economy as
larger cars and SUV will start to be left at home and not sold by dealers.
Food prices will be going up as growers & shippers offset their expenses.

Anybody really think that they're paying that much in China -
like 1/2 a weeks wages to buy fuel ?

65% of the price of gas in the USA is taxes
How is Canada's gasolines taxes amount to 38% at 85cents a litre and we pay more?
There's no way that is all tax :p
 

judasmachine

Diamond Member
Sep 15, 2002
8,515
3
81
the price of a gallon of regular unleaded here (Amarillo, TX) just hit 2.25 at the cheap places. i didn't have the stomach to look at the premium places. the tax prolly acounts for roughly 36% of the price, well last time i looked which was a long time ago ('96ish).
 

blahblah99

Platinum Member
Oct 10, 2000
2,689
0
0
The rise of gas prices will be America's ultimate downfall in its short experiment for democracy. Just think about all the things we use DAILY that requires petroleum: shopping bags, cars, elevators, food, drinks, clothes, electronics, entertainment, etc etc.

When gas prices hit $50, $100, $500, $1000 a gallon, development of civilization will grind to a screeching halt and we will be forced back into the stone age due to world wars being fought for the last resources of oil.... and it takes oil to fight wars.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: Stunt
Originally posted by: dmcowen674
Originally posted by: Stunt
Where is here?
I like to see oil prices go up...i think it will be a great thing over time.

Yes, higher and faster the better :thumbsup:
Not faster as it will throw the economy out of whack, too much money flowing out internationally instread of value added services or opportunities.
But as the economy adjusts to the rising prices and people are able to predict expected rises, the sooner we can convert to alternate energy sources, at least the demand for such things will increase substantially.
We have to evolve in our energy consumption considerably.

Bahahahaha Alternative Energy Sources Bahahahahaha

Biggest joke I've seen in P&N yet

 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
Originally posted by: Stunt
Originally posted by: alent1234
Originally posted by: CaptnKirk
Today it's $ 212.9/Gal at the Discount Stations, up from 1.74.9 in 22 days.

Friday it was # 199.9 & this morning it was $ 2.07.

This is the highest I have ever seen it - and the most I have ever paid.

There's more than a little potential to begin crippling the economy as
larger cars and SUV will start to be left at home and not sold by dealers.
Food prices will be going up as growers & shippers offset their expenses.

Anybody really think that they're paying that much in China -
like 1/2 a weeks wages to buy fuel ?

65% of the price of gas in the USA is taxes
How is Canada's gasolines taxes amount to 38% at 85cents a litre and we pay more?
There's no way that is all tax :p

Ya he's full of it... feds about 17 cents and state varies 10-20 cents.
 

judasmachine

Diamond Member
Sep 15, 2002
8,515
3
81
Originally posted by: dmcowen674
Originally posted by: Stunt
Originally posted by: dmcowen674
Originally posted by: Stunt
Where is here?
I like to see oil prices go up...i think it will be a great thing over time.

Yes, higher and faster the better :thumbsup:
Not faster as it will throw the economy out of whack, too much money flowing out internationally instread of value added services or opportunities.
But as the economy adjusts to the rising prices and people are able to predict expected rises, the sooner we can convert to alternate energy sources, at least the demand for such things will increase substantially.
We have to evolve in our energy consumption considerably.

Bahahahaha Alternative Energy Sources Bahahahahaha

Biggest joke I've seen in P&N yet

As much as I would love to see us come with something in a timely manner, I'm inclined to agree with you DM.

*spelling edit*
 

Kalvin00

Lifer
Jan 11, 2003
12,705
5
81
Cheapest around here is ~2.45/gal for regular, might be higher now...i've seen some as high as 2.65/gal for regular :ugh;