Nine States and Counting Have Raised the Gas Tax Since 2013
March 11, 2015 01:16 PM
By Carl Davis, Senior Policy Analyst at ITEP
Nine States and Counting Have Raised the Gas Tax Since 2013 | Tax Justice Blog
12 States Could Raise Gas Taxes This Year
January 29, 2015 02:09 PM
By Carl Davis, Senior Policy Analyst at ITEP
12 States Could Raise Gas Taxes This Year | Tax Justice Blog
Nine States and Counting Have Raised the Gas Tax Since 2013
March 11, 2015 01:16 PM
By Carl Davis, Senior Policy Analyst at ITEP
Nine States and Counting Have Raised the Gas Tax Since 2013 | Tax Justice Blog
The Causes and Effects of High Gas Prices
Much has been said about high gas prices recently, starting in 2005 after Hurricane Katrina hit New Orleans and the retail price of gasoline spiked for a few weeks. But the price of gas has a number of causes and effects that aren't discussed in any great detail on TV news shows. (Other than sports and weather, nothing is discussed in much detail on television, but that's another story.) This page represents an attempt to fill in the gaps.
Radical environmentalists and their friends in the news media would have you believe that high gas prices are primarily the result of corporate greed, poor planning, and insufficient government intervention. In reality, this is a matter of supply and demand, and it is not the proper role of government to intervene.
The major causes of high gas prices include the increased demand for oil in places like China and India, high gasoline taxes, civil unrest in Venezuela, war in the Middle East, political instability in Nigeria, and too few refineries in the U.S. President Obama has blocked the construction of the Keystone XL Pipeline. He has choked off oil production in the Gulf of Mexico. Barack Obama wants to raise taxes on oil companies. There hasn't been an oil refinery built in the U.S. since 1976, thanks to the environmentalists, EPA red tape, and leftist politicians. Alaska is floating on oil, but drilling is impeded by environmentalists, EPA red tape, and leftist politicians. Mr. Obama would rather see us all use mass transit or drive electric cars. The Secretary of Energy says he wants gasoline prices to be comparable to those in Europe. State and federal taxes are a large part of the price of gas, and then there's the Federal Reserve's monetary policy, which is weakening the U.S. dollar. On top of all that, Barack H. Obama hates capitalism, and high gas prices are helping him to systematically strangle the U.S. economy. If you want to pay $7.00 a gallon for gasoline next year, keep voting for Democrats.
On top of all the above, the price of gas is especially high in California, where radical environmentalism and restrictive environmental laws have been promoted for decades.
And don't get your hopes up about Ethanol, because that's not a viable solution either.
It's not just gasoline: The price of everything is going up. There's a subsection about generalized inflation at the bottom of the page.
Note: The newest information is at the top of the page. The farther down you go, the older it gets, in other words. But that might be of some interest to you if you're looking into the recent history of high gas prices. [more]
http://akdart.com/gas.html
Oil will probably go farther down..........CHINA EFFECT!
Blame China stock slide for oil's plunge: Analyst
Video:
Blame China stock slide for oil's plunge: Analyst - Yahoo Finance
By Tom DiChristopher 1 hour ago
EIA Petroleum Status Report
Released On 7/15/2015 10:30:00 AM For wk7/10, 2015 Economic Calendar - Bloomberg
Prior Actual Crude oil inventories (weekly change) 0.4 M barrels -4.3 M barrels Gasoline (weekly change) 1.2 M barrels 0.1 M barrels Distillates (weekly change) 1.6 M barrels 3.8 M barrels
Higher supplies, lower demand, prices BETTER go down
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Lower supplies and higher demand?
I don't pretend to know anything except gas prices in the pahoniks area went up $.10 TO $.30 per gallon this week.
Of course I needed gas yesterday. Maybe I should be watching closer and dive in to a gas station every couple days. OTOH saving $40-$120 per year v. increasing the chance of assault, carjacking; the increased interaction with beggars, windshield washers/re-placers, miracle car care product sellers and irate customers who believe I am taking too long, makes me wonder about the relative worth.
PO
It would help more if it were for Arizona.
I use it all the time too. Just messing with you on the wrong state and sayin getting cheap gas can be unhealthy around here.
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