Gas $1.65 today.
- Thread starter Extra Point
- Start date
Thanks Obama! :stuck_out_tongue_winking_eye:
Top it off. Once Iran & Saudi Arabia start blowing up each other's oil wells, gas is going to spike up.
I paid $1.49 a gallon for heating oil today. I might go nuts and put the thermostat up a degree or two!
Gas price should be like $1.00 considering how the price of crude oil has dropped in the past 2 years. Another example of big oil screwing us all over.
So you're saying that with crude prices around $35 / bbl, or 83 cents a gallon, a gallon of refined gasoline should cost $1.00?
Really?
It's ridiculous that we haven't raised the gas tax. Do it now.
Agree, we certainly should pay more taxes in this state.
We should absolutely do nothing to increase revenue painlessly in a state with that is desperate for it, you're right.
U.S. gasoline sales in 2014 were around 21,600,000 gallons per day. If we raised the gas tax 10 cents a gallon - a pretty stiff tax increase by anyone's reckoning - that's $800 million a year in additional tax revenue.
I'm not saying we don't need the money - I'm saying it's kind of a drop in the bucket.
Maybe start by not pissing away all the revenue we presently have? Caise, guess what..doesn't matter much you raise there's never enough and they always say they need more.
If you're only talking about New Jersey - NJ's gasoline sales in 2012 (the state has withheld data for '13 and '14 for some reason) was 1.2 million gallons per day, or about 450 million gallons for the year. A 10 cent tax increase gets Trenton $45 million.
Mere bag of shells to rationalize a regressive tax.
Mere bag of shells to rationalize a regressive tax.
We pay enough tax in NJ. The government wastes a lot of it.
If only raising a tax would solve our problems. Virtually every government in this country takes it for granted that there is always some more money available whenever they run out.
Yea then the week after they raise the gas tax they'll vote themselves a nice pay raise. Maybe they should look at ways to trim the fat before they ask for more. Raising the gas tax will do nothing but give them more ways to waste money. They're not going to do anything useful with it like fix roads and bridges, although they'll say that's where it's going to go.
Fuel consumption taxes in general haven't made sense for years. Since the implementation of CAFE standards, the consumption tax was doomed as a revenue source. The only thing that makes sense at this point is a use tax - which is coming, for certain. It might be several years off at this point, but it's definitely coming.
You're allowed to do both. Gas tax is one easily implemented, relatively painless step. Feel free to propose any specific cuts you have in mind.
Yes a use tax makes a lot of sense. Why shouldn't a state be paid tax for an item you intend to use in that state. It gives you the freedom if you want it then you have to pay the tax. If you don't want to pay the tax then don't buy it. Where as a gas tax almost everyone in NJ needs their own car as mass transit sucks in the state. So you really have no choice even though the state decrees driving is a privilege not a right. Which is pure bullsh*t and they know it with their crappy mass transit infrastructure.
I disagree. There's no momentum for raising the gas tax - your own observation about it not being done supports this. I'm still not clear on whether you're talking about a national increase or just NJ, but if it's the latter, I would have to agree that the gas tax is artificially low - no doubt to due to the strength of the oil companies in state. An increase in the gas tax in NJ would increase fuel transportation costs, since most of it is done, locally, by truck. And it's doubtful that any legislative body would agree to a gasoline tax increase without a corresponding increase in diesel fuel taxes, based on the observation that trucks are responsible for the larger part of the infrastructure damage.
Can't. That would hurt the oil industry even more than they are hurting now.
The dick$ will give themselves a pay raise first, then raise the gas tax 2X their pay raise. Then use the other half to fund no show jobs for their friends and relatives. All the while they could build RAC2 and a practice/wrastling facility.
My first job in HS was pumping gas at .33$ a gallon. Then the fake gas crisis came, and we made a mint making sure people we knew didn't have to wait in the gas lines. We had one gas island coned off for Police, First Aid,Fire, and our friends and HS teachers,lol. Some of the best grades I ever got.[banana]
33 cents a gallon!? Next thing you will say is that water and TV were free when you were in HS.
Yup, when I started driving in 1969, Hess on Rt27 in Edison was under 30cents. Of course we made 50cents/hr working, so everything is relative.
Frack Baby Frack!
We don't need to raise gas taxes to fix our roads. We'll just wait to raid the next scuttled transportation project.
We don't need to raise gas taxes to fix our roads. We'll just wait to raid the next scuttled transportation project.
I seem to remember one Republican big mouth....I think it was Newt Gingrich in 2008....saying vote for Obama If you want $10 a gallon gas prices. How'd that work out ?
$.56 a gallon my senior year in HS. Remember well that winter of '76, pumping gas on Route 22 in NP, at the Shell station by the Watchung Ave overpass.
When oil was at the exact same level in Feb.2009,Sam's Club in Linden was selling regular for $1.29.
Paid $1.58/gallon today in Edison. Count me in as another one who would raise gas taxes and put the revenue towards infrastructure.
Saudi Arabia is attempting to knock-out the US Fracking Industry with the low prices as well as Obama attempting to wipe out Putin/Russia Economy dependent on oil revenue.
Enjoy - so much for that Peak Oil - BS
Enjoy - so much for that Peak Oil - BS
