Gas prices in America

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.

It doesn't matter how much money the central govt takes in... it won't be used efficiently or prudently.

You sound just like nancy pelosi now. This is the big chance to hike gas taxes eh comrade?

We cannot get to self sufficiency with high gas consumption. We need higher CAFE standards and higher gas tax. Our economy can be built on a solid foundation, but with too low of gas prices we will fall back into bad habits which put this nation at risk. Raise the gas tax...NOW!

Yes the poor must not be allowed an easy life !

Don't be too hard on nancyboy... he wil use literally any event to grow govt.

http://www.washingtontimes.com/news/2015/jan/11/stephen-moore-nancy-pelosi-bob-corker-push-federal/

I want bridges fixed. I want safe roads without pot holes. I want traffic signals and crash barriers which make driving safer. I do not want to fight more wars ten years from now because we have forgotten the sacrifices of so many because of our addiction to oil. This is basic economics. We cannot be giving incentives for waste, and we should give disincentives for consumption. Call me any name you want, but if investing in America's infrastructure and actually paying for it while creating American jobs is a bad thing.....then some people are incapable of using their brains. Additionally, disincentive for consumption makes this nation stronger. I am a cheerleader for what makes this country stronger.

Nancyboy.....an effeminate man; what gay men were called back in the days when gay meant happy

Gosh, being for crumbling infrastructure and consumption makes you a man, and driving a Prius and wanting higher gas taxes during dropping gas price periods means you are a Nancyboy......too funny.

Enjoy gas under $2.00 while it lasts....... Oil is headed higher, and when it goes, it is going to spike.

If oil goes below $40 for an extended period, it will greatly disrupt production from U.S. fields targeting shale formations. The frackers cannot produce oil economically at such low prices; however, their production is still needed to meet current demand.

Should the U.S. shale-patch mostly shut down, the world's demand will start tugging on the conventional supply coming from OPEC, which will induce a price spike; perhaps as high as $200 per barrel. The shale-patch producers will then start coming back online in the U.S., but it will take months to get production back to normal. So, gas will become expensive until U.S. production stabilizes again. The bottom line is that the true effective price for oil currently rests a around $100 per barrel, world-wide. Today's low price is noting more than an artificial manipulation of the true norm.

I am sure when gas spikes above $3.50 or more per gallon, PaceDog will be whining about how President Obama failed to keep the price down.....

The current fed gas tax revenue is about 40 billion a year. While we see projects like the 70b la rail system.

If the monies were applied to roads and bridges it would be plenty. Hell... it would be used smarter at the state level.

This is just another opportunity to strike the tax iron while it's hot... nancy pelosi and seagoat are in lockstep.

I am sure when gas spikes above $3.50 or more per gallon, PaceDog will be whining about how President Obama failed to keep the price down..... Razz




You mean President Hillary Clinton.

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......

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.

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


You really are clueless about how government works. First, other than pork barrel projects our highway projects have been bid and are efficient. Yes, their are priorities which are slanted toward a home district and trading of votes for representatives to get their projects, but for the most part the funds have been efficiently spent and have greatly improved the safety of driving in America. True Republicans have always favored the same, and Ike's interstate highway system which improved transportation costs and made our industries more productive. Just because Nancy Pelosi supports a good idea does not make her a conservative, nor the Chamber of Commerce which supports raising the gas tax into Nancyboys....... try it sometime.

$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.

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.

The climate change folks are going to be all over you, Seaoat for promoting the Keystone XL pipeline.

I do not live in an Ivory tower like some around here, and I saw my beautiful river destroyed by a fifty four car tanker train derailment as ethanol the clean fuel pour into the river and kill the Entire fish population for about twelve miles. It took over four years to replenish the river with fish and allow migration to replace those lost. The stats are clear. Pipeline transport is the safest.

$1.76 at Walmart in Illinois today.

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.

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.

Want more money for roads and bridges? END FOSSIL FUEL SUBSIDIES to the BIG 5:

http://priceofoil.org/fossil-fuel-subsidies/

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.

They put in new intersections along Highway 30 in Carroll, Ia. which used lots of brick for the old people to trip on once the bricks start sinking and raising because it looks pretty. Each intersection costs a cool million. For the money they spent they could have relaid the whole 4-5 mile highway stretch through Carroll and probably fixed all the potholes on the city off streets.

Figure they'll start yanking all the bricks up and repave in a couple of years after the weather and the weight of the cars & trucks starts doing what it does to bricks used as road. What a waste...

*****SMILE*****

https://www.youtube.com/watch?v=dR9sPqs8H2I

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......

If you want a gas tax then make it progressive. You pay based on income and miles your car puts on the road. If your home income is less than say $50,000 a year and your combined car millage is 20,000 (two people working) then you pay $2 a gallon. But if your combined home income is $100,000 and your combined millage is 20,000 miles then you pay $5 a gallon. If your combined home income is $150,000 and your combined millage is 20,000 miles you pay $7.50 a gallon. At a combined home income of $200,000 with 20,000 miles you pay $10 a gallon. Etc, etc, etc,...

That way it's fairer to the little guy who needs transportation to get to work at the job the $250,000 and more guy is hiring him/her at minimum wage for.

You liberals want to go after the big guys for taxes then do so like you mean it because if someone is making $250,000 dollars of more a year they can afford to fill their tanks at $10 and much higher a gallon.

*****CHUCKLE*****

https://www.youtube.com/watch?v=dR9sPqs8H2I

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.

But the Saudi oil minister said "the days of hundred dollar a barrel oil are history" meaning it will never be that high again.

So how do we know who to believe?

I'll make this prediction.  If the oil price stays low indefinitely,  the Tesla Motor Co will eventually go into bankruptcy. Thank god I got out of that stock.

by 2seaoat on 1/24/2015, 3:09 pm
We cannot get to self sufficiency with high gas consumption. We need higher CAFE standards and higher gas tax. Our economy can be built on a solid foundation, but with too low of gas prices we will fall back into bad habits which put this nation at risk. Raise the gas tax...NOW!
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We are a net exporter of oil moron