Author Topic: What're you paying for Gas?  (Read 922 times)

Offline Captain Virgil Hilts

  • Platinum Member
  • ******
  • Posts: 6397
Re: What're you paying for Gas?
« Reply #45 on: Yesterday at 04:53:52 PM »
Stopped in Smith's Grove KY, above Bowling Green, on the way to Indy for the PRI Show, gas was $2.27,right on the Interstate.

I suspect it will take a while for prices to make any movement downward from the inflation insanity. It usually does. Diesel isn't down, as much, so fuel costs are still driving the costs of transporting goods to stay high.
"I haven't seen Berlin yet, from the ground or the air, and I plan on doing both, BEFORE the war is over."

SaVaGe


Offline Eagler

  • Plutonium Member
  • *******
  • Posts: 19503
Re: What're you paying for Gas?
« Reply #46 on: Yesterday at 05:40:54 PM »
Which is criminal given diesel should be less expensive than unleaded more processed gasoline..

It always was before it wasn't...

Eagler
"Masters of the Air" Scenario - JG27


Intel Core i7-13700KF | GIGABYTE Z790 AORUS Elite AX | 64GB G.Skill DDR5 | 16GB GIGABYTE RTX 4070 Ti Super | 850 watt ps | pimax Crystal Light | Warthog stick | TM1600 throttle | VKB Mk.V Rudder

Offline Captain Virgil Hilts

  • Platinum Member
  • ******
  • Posts: 6397
Re: What're you paying for Gas?
« Reply #47 on: Yesterday at 05:59:55 PM »
Which is criminal given diesel should be less expensive than unleaded more processed gasoline..

It always was before it wasn't...

Eagler

Yeah, the EPA got their filthy paws on diesel......
"I haven't seen Berlin yet, from the ground or the air, and I plan on doing both, BEFORE the war is over."

SaVaGe


Offline Animl-AW

  • Platinum Member
  • ******
  • Posts: 5679
Re: What're you paying for Gas?
« Reply #48 on: Yesterday at 06:23:39 PM »
Texas may be able to choose to lower property tax,... the state, like IL, has a flight issue. A lot of people are leaving that state and lowerin taxes may draw some in. If not you're losing revenue.

SS deductions are capped at 6k, but from what I understand you have to itemize it and I think that would be a schedule C form. They don't just stop taking it, you fight to get it back in deductions/returms. My SS is taxed federally.

There are some misconceptions and even political talking points here,... you're just going to have to realize it on your own. Which seems to be a snail pace.

Offline Animl-AW

  • Platinum Member
  • ******
  • Posts: 5679
Re: What're you paying for Gas?
« Reply #49 on: Yesterday at 06:26:57 PM »
Which is criminal given diesel should be less expensive than unleaded more processed gasoline..

It always was before it wasn't...

Eagler

Umm...big oil decides that, not EPA. They know a person who uses gas can usually stay home when it gets too high, slow down buying it. A trucker who uses diesel needs it every day no matter what...can't, so they gouge them and they will get it every day. No matter what.
« Last Edit: Yesterday at 06:28:53 PM by Animl-AW »

Offline RUSH1

  • Nickel Member
  • ***
  • Posts: 796
Re: What're you paying for Gas?
« Reply #50 on: Yesterday at 10:02:11 PM »
Umm...big oil decides that, not EPA. They know a person who uses gas can usually stay home when it gets too high, slow down buying it. A trucker who uses diesel needs it every day no matter what...can't, so they gouge them and they will get it every day. No matter what.

Hmm, or ...

Why Did Diesel Surpass Gas?

The shift from diesel to gas prices has been attributed to a combination of factors. These include higher taxation on diesel, increased demand for diesel components in marine fuel production, and geopolitical events affecting global supply. The U.S. government imposes higher taxes on diesel compared to regular gasoline, with a tax of 24.3 cents per gallon for diesel and 18.3 cents per gallon for gasoline. Additionally, the demand for diesel components in marine fuel production has driven up prices. In 2020, the International Maritime Organization implemented stricter fuel regulations for ships, leading to the production of a new fuel called very low sulfur fuel oil (VLSFO). The distillate molecules used to make VLSFO are also used in diesel production, diverting some of the components that would have been used for diesel and contributing to the rise in diesel prices. Furthermore, geopolitical events, such as Russia's invasion of Ukraine in February 2022, played a role.

elanfuels.com
“Concentrated power has always been the enemy of liberty.” - Ronald Reagan