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(Bloomberg)   Gas falls to $3.5586 and ⅝   (bloomberg.com) divider line 6
    More: Amusing, United States, Lundberg Survey, Lundberg, Dan Stets, gas, West Texas Intermediate, New York Mercantile Exchange, Energy Information Administration  
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4389 clicks; posted to Main » on 26 Aug 2013 at 7:49 AM (45 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-08-26 09:40:57 AM
3 votes:

Pelvic Splanchnic Ganglion: "We have tremendous gasoline production occurring here and American refiners are running at very high rates of capacity," Trilby Lundberg, president of Lundberg Survey, said in a telephone interview. "There is no tightness in supply; if anything we have an oversupply of gasoline in the United States."

But we're going to continue over-charging you for fuel because fark you.  What are you gonna do about it?


Purchase a plug-in hybrid or EV?  Regularly check tire inflation and other maintenance?  Make better use of public transportation?  Back the development of high-speed rail?  Realize that your 7-year-old's membership on a soccer team does not mandate a Greyhound Bus worth of cargo capacity for your personal vehicle?  Remove the subsidies that the oil industry enjoys in this country?  Treat "oil heat" like we treat "lead paint" in houses and businesses?  Require broad-spectrum recycling of plastics throughout the nation?  Put a $0.10 tax on plastic bags at all stores?

Nah, those things are difficult.  They're not what we've always done.  Too hard.

If we gave a crap about national security or the environment, we'd gradually ratchet gas taxes up about $5/gallon and funnel money into R&D (better all-electric vehicles, renewables to bolster the grid's capacity, biofuels for heavy industry and air travel, etc.), public transportation subsidies, and basic infrastructure.  Too regressive?  Offer a tax break for families under the poverty line that disappears over time.

We have the technical capability to cut our gasoline consumption in half within several years, but we're perfectly content as a nation to do nothing and whine about the price.
2013-08-26 10:46:04 AM
1 votes:

wrestler79: Depending on the state you live in Federal state and local taxes can add as much as .50/gallon to your cost. The government makes way more per gallon of gas than the "evil" oil companies ever thought of.
http://www.gaspricewatch.com/web_gas_taxes.php


Let me know when the oil companies start repairing roads and building bridges.
2013-08-26 09:44:19 AM
1 votes:

wrestler79: Depending on the state you live in Federal state and local taxes can add as much as .50/gallon to your cost. The government makes way more per gallon of gas than the "evil" oil companies ever thought of.
http://www.gaspricewatch.com/web_gas_taxes.php


I guess one difference is that the "evil" government uses that money to fix the roads that you drive on, whereas your noble benefactors in the petroleum industry use it towards lobbying Congress towards loosening pollution standards, propping up tinpot dictators, and occasionally ruining a large body of water.
2013-08-26 09:07:15 AM
1 votes:
i.imgur.com
2013-08-26 08:39:04 AM
1 votes:
www.motherjones.com
Raise it 50, then drop it 30, and the press runs stories about the price falling.
2013-08-26 07:58:50 AM
1 votes:
If there's no emergency then let's see it drop back down to under $3 a gallon.
 
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