Showing posts with label gas. Show all posts
Showing posts with label gas. Show all posts

Thursday, December 4, 2014

Lower Gas Prices? Hang on to your Wallet

So here we are finally enjoying lower fuel prices for our cars and trucks. Savings for everyone right?
So of course the leftists are in a "raise the gas tax mode".

The gas tax has been fixed at 18 cents for two decades. Now would be a great time to raise it
Nationally averaged gas prices ticked down a little lower today -- yet again -- to $2.75 per gallon. They're now more than 50 cents lower than they were a year ago. So no wonder, at a time like this, the murmur is growing: Maybe Congress ought to think about raising the national gasoline tax.
It was last raised, in the year 1993, to 18.4 cents per gallon. That's over 20 years ago, and gas prices at the time were close to the now unimaginable $1.00 per gallon mark. Yet the amount of the gas tax was fixed and not tied to inflation -- so it has not changed since. (U.S. states also charge gasoline taxes; the national average is about 23.5 cents.)
"It’s been a generation since gas taxes were increased at all," says Paul Bledsoe, a senior fellow on energy at the German Marshall Fund. "So they are incredibly low by historic levels."~snip~
Because we all know what great stewards of our tax money the government is. These guys can't even wait for people to enjoy the benefits of spending less on gasoline before they're calling for a rise in revenue for the Highway Trust Fund.
You can also guess about the scheming going on in the blue states.
California is trying to regulate the sale of gas with cap and trade.

California Attempts to Regulate the Sale of Gas Under Cap-and-Trade

So it looks like we'll have a choice, if market forces don't turn the price of fuel around then the government will be more than willing to do it on its own.
Ain't we lucky to have them look out for us by raising the shit out of our taxes in one way or the other?


Thursday, July 4, 2013

Gas Prices and the New Normal

Some good news, gas prices are going down some. The bad news is on average they're about 15 cents more than last year.

Gasoline prices begin summer slide
While analysts are not expecting a resulting surge in gasoline prices, they could rise quickly if the Mideast unrest does disrupt oil supplies. Gas could also climb if a hurricane threatens the heart of the refining industry along the Gulf Coast.
This year's early summer decline, while welcome, is smaller than the seasonal drops of the last two years, when gas prices also fell between Memorial Day and Independence Day. Gasoline is 15 cents more expensive than it was last year at this time.
Gas prices typically rise in late winter or early spring when refineries perform maintenance and switch from making winter gasoline blends to the more complex summer blends required for clean-air rules. When the nation's refineries aren't operating at full strength, supplies drop and prices rise. Once the maintenance is done, output rises and prices fall.
"When refineries go down it can create immediate and severe havoc," Kloza said. "It's a very shallow distribution system, quick to fill and quick to empty."~snip~
There's been a decline in the number of refineries but the ones still operational have been fitted to refine more. But when one goes down it really creates havoc.
On top of the fact that we depend on oil from a region of the world that is, to say the least, pretty unstable. Whatever happens there affects the price of oil here.

Char-Broil 3 Burner IR Gas Grill - Liquid Propane Grills (Google Affiliate Ad)

That could be softened by the Keystone XL pipeline that the enviro-nazis are so up in arms about.....aided and abetted by Obama and various commie/democrats of course because whatever might be good for the middle class they're against.
Of course the government, local,state and federal has to have their cut.
Some U.S. drivers will be paying a little more because of higher gasoline taxes that went into effect July 1. California and Maryland taxes rose 3.5 cents per gallon, Connecticut's climbed 4 cents, and Wyoming's 10 cents. Virginia drivers are getting a break — gas taxes there are falling 6.4 cents.
Gasoline taxes account for the biggest difference in pump prices for U.S. drivers. Local, state and federal taxes vary from nearly 70 cents per gallon in New York, California and Hawaii to half that in Missouri, New Jersey, Oklahoma, South Carolina and Virginia, according to the American Petroleum Institute, the industry's chief lobbying group.
Which would be alright if they actually used those taxes for road and highway improvement instead of putting into their general operating fund to spread the wealth around.
There's so many ways gas prices are manipulated to soak the middle class in this country that it's shameful, and we pay the price in higher fuel taxes and the cost of goods and services.
So when you're looking at the price at the pump and thinking you're getting a break paying 15 cents less this week than you were last week, remember how the government is getting richer and pandering to enviro-wackos for political gain and donations to their campaigns, while making you poorer and shortening the distance that a dollar will go just to get you to work and the grocery store.

We work for the government now, not the other way around.

Monday, June 11, 2012

Americans Poorer Since Obamessiah Took Office

Somehow I don't think this is a surprise for anybody who has to work for a living.

Americans saw wealth plummet 40 percent from 2007 to 2010, Federal Reserve says
The recent recession wiped out nearly two decades of Americans’ wealth, according to government data released Monday, with ­middle-class families bearing the brunt of the decline.
The Federal Reserve said the median net worth of families plunged by 39 percent in just three years, from $126,400 in 2007 to $77,300 in 2010. That puts Americans roughly on par with where they were in 1992.
The data represent one of the most detailed looks at how the economic downturn altered the landscape of family finance. Over a span of three years, Americans watched progress that took almost a generation to accumulate evaporate. The promise of retirement built on the inevitable rise of the stock market proved illusory for most. Homeownership, once heralded as a pathway to wealth, became an albatross.
The findings underscore the depth of the wounds of the financial crisis and how far many families remain from healing. If the recession set Americans back 20 years, economists say, the road forward is sure to be a long one. And so far, the country has seen only a halting recovery.
Just trying to keep our cars fueled up eats away at our wealth and the federal, state and local governments are the ones who really benefit.
If you want to drop the price of gas how about a moratorium on collecting taxes?
That'll drop the price of gasoline and diesel 50 to 55 cents per gallon.
You want to know why your house has lost value then look to Barney Frank and his piss ant liberal/democrat enablers.

Wealth isn't generated by food stamps or unemployment.
Obama wants 4 more years to "finish the job", my question is who'll be left after 4 more years for him to confiscate their wealth from to prop up all those Americans he and the progressive Democrats have impoverished?

We can't take another 4 more years, hell we'll be lucky to survive until November when we can throw them out on their cans.