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(Some Guy)   Exxon tries to blame high gas prices on taxes. Bonus: they include a map detailing exactly how much each state pays. Guess who pays the most?   (exxonmobilperspectives.com) divider line 200
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8932 clicks; posted to Politics » on 15 Jun 2014 at 10:54 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-06-15 09:23:10 AM  
Get over it. I pay the equivalent of $5 per gallon in the UK.
 
2014-06-15 09:24:41 AM  

jamspoon: Get over it. I pay the equivalent of $5 per gallon in the UK.


Just to clarify the $5 is the TAX not the total cost per gallon
 
2014-06-15 09:47:19 AM  

jamspoon: jamspoon: Get over it. I pay the equivalent of $5 per gallon in the UK.

Just to clarify the $5 is the TAX not the total cost per gallon


If we paid that here and used the balance on road repair, public transportation, and making more fuel-efficient cars I'd be fine with it.

Unfortunately it would probably be used to balance tax cuts to XOM.
 
2014-06-15 09:49:05 AM  

jamspoon: Get over it. I pay the equivalent of $5 per gallon in the UK.


But you're not getting paid minimum wage and having to drive over an hour to get to that job!

And you guys have excellent public transportation.
 
2014-06-15 09:57:04 AM  

jamspoon: jamspoon: Get over it. I pay the equivalent of $5 per gallon in the UK.

Just to clarify the $5 is the TAX not the total cost per gallon


Which is as it should be you socialist-teat-sucking-something-something-something ;)

But really, the actually cost of gasoline here ought to be around $6-8/gallon. I would say more, but our transportation systems in this country SUCK.
 
2014-06-15 10:10:04 AM  
Exxon Mobil Perspectives

Yeah, ok
 
2014-06-15 10:14:07 AM  
 
2014-06-15 10:16:21 AM  

jamspoon: Get over it. I pay the equivalent of $5 per gallon in the UK.


The land area of the UK is 93,410 square miles. (smaller than Oregon)
The continental USA is 2,959,064 square miles.

Your country also produces about 1/10th the amount of oil compared to the US output.  Now why on earth would a country whose land mass is more than 30x greater than yours, and produces 10x the amount of oil pay the same for gas?
4.bp.blogspot.com
 
2014-06-15 10:18:05 AM  

BunkyBrewman: Your country also produces about 1/10th the amount of oil compared to the US output.  Now why on earth would a country whose land mass is more than 30x greater than yours, and produces 10x the amount of oil pay the same for gas?


Because petroleum products are a fungible item and the relative size of the country is irrelevant.
 
2014-06-15 10:20:16 AM  

Dinki: $101 million per day.


www.salem-news.com


$50 million per chin.
 
2014-06-15 10:27:36 AM  
And if it weren't for those meddling taxes we could make even BIGGER profits
 
2014-06-15 10:38:23 AM  

Dinki: BunkyBrewman: Your country also produces about 1/10th the amount of oil compared to the US output.  Now why on earth would a country whose land mass is more than 30x greater than yours, and produces 10x the amount of oil pay the same for gas?

Because petroleum products are a fungible item and the relative size of the country is irrelevant.


Because a country that produces 10x the amount of oil than the country mentioned is entirely relevant.

/and you're wrong.  The relative size of the country is.  I won't be explaining it to you, but let's just say when you build a country that relies on highway transportation as much as the US (and build the infrastructure like the interstate system to support it), there's a reason that gas prices have been historically low.
 
2014-06-15 10:46:49 AM  

BunkyBrewman: Because a country that produces 10x the amount of oil than the country mentioned is entirely relevant.

/and you're wrong.  The relative size of the country is.  I won't be explaining it to you, but let's just say when you build a country that relies on highway transportation as much as the US (and build the infrastructure like the interstate system to support it), there's a reason that gas prices have been historically low.


Look up fungible - the oil/gas that is produced in the US doesn't stay here- it goes to whoever pays the highest price.

As for our gas prices at the pump being lower, that is result of the conscious decision to keep the taxes low. But it has nothing to do with the price paid per barrel by the refiners and distributors.
 
2014-06-15 10:54:18 AM  
We don't care about your "high gas prices". I pay the equivalent of $5.11 per stupid volumetric measurement (at best) and my country is large and produces quite a lot of oil.
 
2014-06-15 10:58:22 AM  

BunkyBrewman: jamspoon: Get over it. I pay the equivalent of $5 per gallon in the UK.

The land area of the UK is 93,410 square miles. (smaller than Oregon)
The continental USA is 2,959,064 square miles.

Your country also produces about 1/10th the amount of oil compared to the US output.  Now why on earth would a country whose land mass is more than 30x greater than yours, and produces 10x the amount of oil pay the same for gas?
[4.bp.blogspot.com image 850x528]


Since we have more infrastructure, we should actually pay more per gallon in tax just for upkeep. Our roads and bridges are terrible.

I mean, not in NY because we have a high gas tax. We got a spanking-new highway interchange last year and this year they're widening a bunch of roads around Buffalo.
 
2014-06-15 10:58:25 AM  

vernonFL: Dinki: $101 million per day.

[www.salem-news.com image 335x502]


$50 million per chin.


What a disgusting blob...
 
2014-06-15 10:59:30 AM  
How much profit would Exxon make if they had to pay the cost of the US military in the Persian Gulf?
 
2014-06-15 11:01:28 AM  

raerae1980: jamspoon: Get over it. I pay the equivalent of $5 per gallon in the UK.

But you're not getting paid minimum wage and having to drive over an hour to get to that job!

And you guys have excellent public transportation.


Suburban Sprawl for the win!
 
2014-06-15 11:03:38 AM  

Dinki: BunkyBrewman: Because a country that produces 10x the amount of oil than the country mentioned is entirely relevant.

/and you're wrong.  The relative size of the country is.  I won't be explaining it to you, but let's just say when you build a country that relies on highway transportation as much as the US (and build the infrastructure like the interstate system to support it), there's a reason that gas prices have been historically low.

Look up fungible - the oil/gas that is produced in the US doesn't stay here- it goes to whoever pays the highest price.

As for our gas prices at the pump being lower, that is result of the conscious decision to keep the taxes low. But it has nothing to do with the price paid per barrel by the refiners and distributors.


It doesn't matter; you've been declared wrong and he won't explain why to you or anyone else. It's now up to you to do the research to understand why he is right and you wrong.

You've just lost an internet argument to an idiot, which now means you're a failure in life. How do you feel?
 
2014-06-15 11:04:17 AM  

cameroncrazy1984: I mean, not in NY because we have a high gas tax.


Having done some driving on NY90 recently, I have to say: your roads have turned to shiat. I remember when they were great, but right now- they're downright scary. It's stunning when PA79 is better paved. PA is shiat for maintaining roads.
 
2014-06-15 11:06:53 AM  
Drill here. Drill now. Pay less.

/derp
 
2014-06-15 11:09:01 AM  

t3knomanser: cameroncrazy1984: I mean, not in NY because we have a high gas tax.

Having done some driving on NY90 recently, I have to say: your roads have turned to shiat. I remember when they were great, but right now- they're downright scary. It's stunning when PA79 is better paved. PA is shiat for maintaining roads.


Where on 90 have you been driving? I think it's kind of crappy between Buffalo and Rochester but other than that it's okay. They just rebuilt the entire stretch between PA and Buffalo, I think.
 
2014-06-15 11:09:09 AM  

BunkyBrewman: Dinki: BunkyBrewman: Your country also produces about 1/10th the amount of oil compared to the US output.  Now why on earth would a country whose land mass is more than 30x greater than yours, and produces 10x the amount of oil pay the same for gas?

Because petroleum products are a fungible item and the relative size of the country is irrelevant.

Because a country that produces 10x the amount of oil than the country mentioned is entirely relevant.

/and you're wrong.  The relative size of the country is.  I won't be explaining it to you, but let's just say when you build a country that relies on highway transportation as much as the US (and build the infrastructure like the interstate system to support it), there's a reason that gas prices have been historically low.


You do realize that people don't actually commute from New York to Los Angeles, right?
 
2014-06-15 11:12:06 AM  

Dinki: Exxon Mobil reported first quarter earnings Thursday of $9.1 billion,


So if Exxon makes 5.5 cents a gallon and the government make 40-60 that must mean from gas alone the country just made between 66 and 99 billion. That was a quarter, so the Us should be making  264 to 396 billion a year. But this says they only made 41 billion  http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=401. Am I missing something?
 
2014-06-15 11:13:29 AM  
You would think that the GOP would favor higher gas taxes because it's about as close to a flat tax as they're going to get, since a national sales tax isn't going to happen any time soon.

But I guess "tax" is one of those words that put them into spasms, like "Pelosi", "Soros", or "global warming".

It really doesn't take much, now that I think about it.
 
2014-06-15 11:14:00 AM  

cameroncrazy1984: Where on 90 have you been driving? I think it's kind of crappy between Buffalo and Rochester but other than that it's okay.


I was going from Pittsburgh to Syracuse and back, and yes, it was the Buffalo/Rochester stretch that stuck out in my mind as being awful.
 
2014-06-15 11:14:37 AM  
BunkyBrewman:
/and you're wrong.  The relative size of the country is.  I won't be explaining it to you, but let's just say when you build a country that relies on highway transportation as much as the US (and build the infrastructure like the interstate system to support it), there's a reason that gas prices have been historically low.

Gas is about 25% more expensive in Canada than in the US.  This is a country larger than the US, with only 1/10th of the population spread across it.  That means that public transportation and road maintenance have fewer economies of scale, and thus the automobile is even more important as a means of transportation.

So your argument is largely invalid.  Gas is cheaper in the US because you want it to be.  Because the externalities are being borne disproportionately by the not-drivers.  That's a choice.  I don't have much patience for Americans biatching about either the price of gas or their tax burden.
 
2014-06-15 11:14:37 AM  
So if you're in California and New York, every time you buy a tank of gas, it costs you over $14 in taxes.  Every. Single. Time.

Yeah, the article makes a pretty good case that taxes are a huge part of the cost of gasoline.

And we wonder why there is no money circulating in this stagnant economy.
 
2014-06-15 11:15:29 AM  

morlinge: Dinki: Exxon Mobil reported first quarter earnings Thursday of $9.1 billion,

So if Exxon makes 5.5 cents a gallon and the government make 40-60 that must mean from gas alone the country just made between 66 and 99 billion. That was a quarter, so the Us should be making  264 to 396 billion a year. But this says they only made 41 billion  http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=401. Am I missing something?


Some of the taxes are state taxes?
 
2014-06-15 11:16:38 AM  

cchris_39: So if you're in California and New York, every time you buy a tank of gas, it costs you over $14 in taxes.  Every. Single. Time.

Yeah, the article makes a pretty good case that taxes are a huge part of the cost of gasoline.

And we wonder why there is no money circulating in this stagnant economy.


Oh boy, I get to use this again:

Truly, a sight to behold. A man, beaten. The once great champ, now a study in moppishness. No longer the victory hungry stallion who's trolled so many times before, but a pathetic, washed-up, aged ex-champion.
 
2014-06-15 11:17:17 AM  

cchris_39: So if you're in California and New York, every time you buy a tank of gas, it costs you over $14 in taxes.  Every. Single. Time.

Yeah, the article makes a pretty good case that taxes are a huge part of the cost of gasoline.

And we wonder why there is no money circulating in this stagnant economy.


How else do you propose that we build and maintain the infrastructure that allows you to drive your car and use gasoline?

Do you think that money just goes nowhere? Is never spent in the economy?
 
2014-06-15 11:18:14 AM  

Peter von Nostrand: cchris_39: So if you're in California and New York, every time you buy a tank of gas, it costs you over $14 in taxes.  Every. Single. Time.

Yeah, the article makes a pretty good case that taxes are a huge part of the cost of gasoline.

And we wonder why there is no money circulating in this stagnant economy.

Oh boy, I get to use this again:

Truly, a sight to behold. A man, beaten. The once great champ, now a study in moppishness. No longer the victory hungry stallion who's trolled so many times before, but a pathetic, washed-up, aged ex-champion.


Somebody, anybody, please summon up some "outrage"!  If we don't believe in him, the troll will die!
 
2014-06-15 11:18:34 AM  

enry: jamspoon: jamspoon: Get over it. I pay the equivalent of $5 per gallon in the UK.

Just to clarify the $5 is the TAX not the total cost per gallon

If we paid that here and used the balance on road repair, public transportation, and making more fuel-efficient cars I'd be fine with it.

Unfortunately it would probably be used to balance tax cuts to XOM.


I read the article and thought, "Is Exxon making the case to eliminate their tax breaks?" Would seem to me if they did, then their gas prices nationwide would go up, and other states would disproportionately feel the pain compared to states with higher per gallon taxes. This is a good thing.
 
2014-06-15 11:18:54 AM  

cchris_39: So if you're in California and New York, every time you buy a tank of gas, it costs you over $14 in taxes.  Every. Single. Time.

Yeah, the article makes a pretty good case that taxes are a huge part of the cost of gasoline.

And we wonder why there is no money circulating in this stagnant economy.


Uh, what?  If monies are expended on taxes, they certainly aren't sitting idle in a money market account.  I don't think you understand the relationship between taxes and monetary velocity.
 
2014-06-15 11:21:17 AM  

Peter von Nostrand: Some of the taxes are state taxes?


So either the other tax makes up the 220-350 billion dollars?
ohio state tax is 28 cent and national is 18. so If I double my numbers I'm still 180-310 billion short
 
2014-06-15 11:21:54 AM  

BunkyBrewman: jamspoon: Get over it. I pay the equivalent of $5 per gallon in the UK.

The land area of the UK is 93,410 square miles. (smaller than Oregon)
The continental USA is 2,959,064 square miles.

Your country also produces about 1/10th the amount of oil compared to the US output.  Now why on earth would a country whose land mass is more than 30x greater than yours, and produces 10x the amount of oil pay the same for gas?
[4.bp.blogspot.com image 850x528]


The hell does that have to do with taxes?
 
2014-06-15 11:22:11 AM  

rohar: cchris_39: So if you're in California and New York, every time you buy a tank of gas, it costs you over $14 in taxes.  Every. Single. Time.

Yeah, the article makes a pretty good case that taxes are a huge part of the cost of gasoline.

And we wonder why there is no money circulating in this stagnant economy.

Uh, what?  If monies are expended on taxes, they certainly aren't sitting idle in a money market account.  I don't think you understand the relationship between taxes and monetary velocity.


Can it be explained in coconuts?
 
2014-06-15 11:22:13 AM  

rohar: cchris_39: So if you're in California and New York, every time you buy a tank of gas, it costs you over $14 in taxes.  Every. Single. Time.

Yeah, the article makes a pretty good case that taxes are a huge part of the cost of gasoline.

And we wonder why there is no money circulating in this stagnant economy.

Uh, what?  If monies are expended on taxes, they certainly aren't sitting idle in a money market account.  I don't think you understand the relationship between taxes and monetary velocity.


No no, hes got it totally figured out. The US economy is entirely driven by the gas tax in two of the fifty states.
 
2014-06-15 11:23:30 AM  
That explains why NJ and South Texas have the cheapest gas.

It doesn't explain why Texas car dealers conspired to keep Tesla out of the state.
 
2014-06-15 11:24:20 AM  
Actually, I am surprised the tax part of taxes is so low. It's almost $4.00 a gallon here, and taxes only account for about 11% of that? Frankly, my Kroger discount almost wipes that away. The way people have been talking about gas taxes, I expected it to be like cigarette with at least half the cost being taxes.

Does anyone know if the numbers presented include subsidies and tax breaks for the oil industry? Because we do end up footing that bill, too.
 
2014-06-15 11:24:56 AM  

born_yesterday: Peter von Nostrand: cchris_39: So if you're in California and New York, every time you buy a tank of gas, it costs you over $14 in taxes.  Every. Single. Time.

Yeah, the article makes a pretty good case that taxes are a huge part of the cost of gasoline.

And we wonder why there is no money circulating in this stagnant economy.

Oh boy, I get to use this again:

Truly, a sight to behold. A man, beaten. The once great champ, now a study in moppishness. No longer the victory hungry stallion who's trolled so many times before, but a pathetic, washed-up, aged ex-champion.

Somebody, anybody, please summon up some "outrage"!  If we don't believe in him, the troll will die!


who?
 
2014-06-15 11:25:03 AM  

morlinge: Peter von Nostrand: Some of the taxes are state taxes?

So either the other tax makes up the 220-350 billion dollars?
ohio state tax is 28 cent and national is 18. so If I double my numbers I'm still 180-310 billion short


Government doesn't pay taxes on fuel. Don't know if that's enough to make up the difference since there's probably no way of knowing how much all levels of government use
 
2014-06-15 11:25:11 AM  

DeaH: Actually, I am surprised the tax part of taxes

gas prices is so low. It's almost $4.00 a gallon here, and taxes only account for about 11% of that? Frankly, my Kroger discount almost wipes that away. The way people have been talking about gas taxes, I expected it to be like cigarette with at least half the cost being taxes.

Does anyone know if the numbers presented include subsidies and tax breaks for the oil industry? Because we do end up footing that bill, too.



/FTFM
 
2014-06-15 11:30:31 AM  
That's funny.
As everyone in the Exxon-Mobil board room knows all too well, the price of gasoline is set by the House of Saud.
That's how a cartel works.
 
2014-06-15 11:30:42 AM  

rohar: Uh, what?  If monies are expended on taxes, they certainly aren't sitting idle in a money market account.  I don't think you understand the relationship between taxes and monetary velocity.


I don't think you understand concept of government crowding out private spending.  Simply sucking the money over for the government to waste creates no increase in demand.

Now imagine $14 x however many millions of fill ups there are per week - left in the hands of the consumers to spend.  That is billions of dollars per week in people's pockets, and most beneficial to those at the bottom of the economy.
 
2014-06-15 11:33:04 AM  

Peter von Nostrand: Government doesn't pay taxes on fuel. Don't know if that's enough to make up the difference since there's probably no way of knowing how much all levels of government use


I should have tripled it too and not doubled it. Either way, gas companies are a collection of evil, lying scumbags.
 
2014-06-15 11:34:34 AM  

cchris_39: rohar: Uh, what?  If monies are expended on taxes, they certainly aren't sitting idle in a money market account.  I don't think you understand the relationship between taxes and monetary velocity.

I don't think you understand concept of government crowding out private spending.  Simply sucking the money over for the government to waste creates no increase in demand.

Now imagine $14 x however many millions of fill ups there are per week - left in the hands of the consumers to spend.  That is billions of dollars per week in people's pockets, and most beneficial to those at the bottom of the economy.


If only that $14 didn't go right back into the pockets of construction and road maintenance workers in the form of paychecks.
 
2014-06-15 11:34:40 AM  

BunkyBrewman: jamspoon: Get over it. I pay the equivalent of $5 per gallon in the UK.

The land area of the UK is 93,410 square miles. (smaller than Oregon)
The continental USA is 2,959,064 square miles.

Your country also produces about 1/10th the amount of oil compared to the US output.  Now why on earth would a country whose land mass is more than 30x greater than yours, and produces 10x the amount of oil pay the same for gas?


What does land area have to do with anything?

I at least understand the illogical reasons why domestic production would be relevant to taxes, buy why land area?
 
2014-06-15 11:35:01 AM  

DeaH: Actually, I am surprised the tax part of taxes is so low. It's almost $4.00 a gallon here, and taxes only account for about 11% of that? Frankly, my Kroger discount almost wipes that away. The way people have been talking about gas taxes, I expected it to be like cigarette with at least half the cost being taxes.


At the least, they are straight out lying.
Just comparing their numbers with profits, they would have had to have sold 4 trillion dollars in gas to make the profits that they made, ex: 30% of our gdp goes into buying gas.

That doesn't seem accurate
 
2014-06-15 11:35:32 AM  

The Lone Gunman: You would think that the GOP would favor higher gas taxes because it's about as close to a flat tax as they're going to get, since a national sales tax isn't going to happen any time soon.

But I guess "tax" is one of those words that put them into spasms, like "Pelosi", "Soros", or "global warming".

It really doesn't take much, now that I think about it.


Don't forget vagina.

/Vagina
 
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