Gas prices in America

2seaoat wrote:$1.76 at Walmart in Illinois today.

2seaoat wrote:$1.79 gas in Illinois with probably the top five highest gas tax states.....do not tell me that the first leg of the Keystone pipeline did not make a difference in gas prices.  I do not understand why the proponents of the second leg are not pointing to the success of the first leg.  Almost five years no oil spills and what I have read two or three cents a gallon reduction in pricing......a home run for Illinois.   I have heard the argument that once the second leg is complete the midwest refineries will not get as much oil and the prices will increase, but I call bull chit.   The pipeline is good on so many levels.

PkrBum wrote:A true conservative that's in complete lockstep with nancy pelosi? Lol... we can't even have a level conversation.

The feds don't spend that money as it's intended or wisely. The interstate system could easily be maintained w that amount.

What we see instead are special projects, boondoggles, misappropriations, bureaucracy, waste, redundancy.

But I shouldn't have to explain that to a conservative... lmao.

2seaoat wrote:Pegged at 18.4 cents a gallon since 1993, it no longer raises enough money to pay for federal infrastructure spending. And that’s always been the main job of the gas tax: paying for roads and bridges.

Beginning in 1957, gas tax revenues were funneled directly into the federal Highway Trust Fund. Over the years, lawmakers raised the tax numerous times, ensuring that the trust fund would have enough money to pay for necessary projects.

But the last increase came in 1993, and since then the levy has remained stagnant. Construction costs, on the other hand, have continued to rise with inflation. And to make matters worse, improvements in vehicle fuel efficiency have allowed consumers to drive more miles on less gas –

http://www.forbes.com/sites/taxanalysts/2013/10/24/the-gas-tax-doesnt-work-because-politicians-broke-it/

Why PK is it a good idea to not pay for things and increase debt?  Help me.....your ideas are ad hoc and all over the place, and now you have turned true conservatives into Nancyboys......

ZVUGKTUBM wrote:

2seaoat wrote:$1.76 at Walmart in Illinois today.

We should enjoy this while it lasts, because oil is artificially low in price, and when it rebounds, it is going to spike sharply higher.

http://news.yahoo.com/opecs-badri-expects-oil-price-rebound-soon-123820225--finance.html?soc_src=mediacontentsharebuttons&soc_trk=ma

Abdulla al-Badri also warned of a risk of a future price spike to $200 a barrel if investment in new supply capacity is too low.

"Now the prices are around $45-$50 and I think maybe they reached the bottom and will see some rebound very soon," Badri told Reuters on the sidelines of a conference at Chatham House.

KarlRove wrote:We are a net exporter of oil moron

KarlRove wrote:Not everyone can own and drive a ghey Prius

2seaoat wrote:I am shocked.  Illinois always used to have gas prices 10 cents higher than Fl, Ky, Tn, Ga, and Alabama, but since the first leg of the Keystone pipeline was completed to Illinois, the Illinois and Indiana refineries are pricing their gas below what we found in any of the other states.....it is crazy because Illinois has a much higher tax on gas.

If we would increase the gas tax by 10 cents right now, and set up a 10 year raise of 2 cents a year additional tax, we could ifx our roads, bridges, and infrastructure and start feeding the Middle Class jobs and opportunity.  It would also still give incentive for Americans to purchase fuel efficient vehicles.

Floridatexan wrote:

2seaoat wrote:$1.79 gas in Illinois with probably the top five highest gas tax states.....do not tell me that the first leg of the Keystone pipeline did not make a difference in gas prices.  I do not understand why the proponents of the second leg are not pointing to the success of the first leg.  Almost five years no oil spills and what I have read two or three cents a gallon reduction in pricing......a home run for Illinois.   I have heard the argument that once the second leg is complete the midwest refineries will not get as much oil and the prices will increase, but I call bull chit.   The pipeline is good on so many levels.

Just had a pipeline leak in eastern Montana...where my daughter lives.  This is the 2nd leak into the Yellowstone River in recent history...50,000 gallons and they can't clean it up because the pipeline runs under the river and everything is ice above.  The city of Glendive is trucking in water for the community.  Now just think how nasty it would be if this had been the extremely toxic and corrosive product from the Alberta tar sands.  Again, the "leg" of the Keystone project known as XL has NO BENEFIT to the United States...and we would be accepting ALL THE RISK.  

Sal wrote:Gas prices haven't gone up down here.

Sal wrote:It's in the $1.90 range - down 4-5c from last week at this time.

I wonder why it's going up there.

Bob wrote:

Sal wrote:It's in the $1.90 range - down 4-5c from last week at this time.

I wonder why it's going up there.

Darn good question.  I assumed since it spiked up here it was doing it nationwide.  But if it's not then there's something really peculiar about gasoline prices.  And by peculiar I mean most likely crooked.  Like most things it probably aint what we're told it is.