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Date Posted: - Monday - 04/28/08 - 9:55pm
Author: Bill A
Author Host/IP: NoHost / 121.175.2.98
Subject: Gas Taxes
In reply to: Chuck Baier 's message, "Fuel Prices at $1.50 Per Gallon" on - Monday - 04/21/08 - 6:12pm

At the risk of throwing Gas on the flames (pun intended),per wikipedia for the first quarter of 2008, the average state gasoline tax is 28.6 cents per gallon, plus 18.4 cents per gallon federal tax making the total 47 cents per gallon. For diesel, the average state tax is 29.2 cents per gallon plus an additional 24.4 cents per gallon federal tax making the total 53.6 cents per gallon.

For various states the breakdown is as follows for the combinatrion of State + federal tax
California 62.8 cents per gallon
Connecticut 62.3 cents per gallon
New York 59.3 cents per gallon
Rhode Island 49.4 cents per gallon
Maine 47.5 cents per gallon
U.S. Average 47 cents per gallon
Massachusetts 41.9 cents per gallon
Vermont 38.4 cents per gallon
New Hampshire 38.0 cents per gallon
New Jersey 32.9 cents per gallon
Alaska 26.4 cents per gallon


That leaves $1.03 on average for the oil company.

One barrel contains 42 gallons of crude oil. with processing you get about 45 gallons of products with gasoline being about 20 gallons of gas per barrel.

I pay $3.50 for a gallon of milk. Should I boycott schepps dairy or Bordens dairy to force a lower milk price.

Starbucks if 4 to 5 dolars for a piss-ant cup of crappy coffee. I already boycott them but they still make a profit.

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