WTF is up with gas prices?

[blacklabel]

That's not even 15%. Gas is still a relative bargain. I wouldn't push my truck 10 miles for $3.52.

Don't tell the producers that we're using that logic. I'd pay a fair amount of money to not push jack 10 miles.

[roberth]

you pay more in taxes then you do in oil company profits, ALOT more.

True. The cost of 42 gallons (1 barrel) of Light Sweet Crude is $101.63, oil is down over a dollar a barrel this morning, if it gets back down to $93 a barrel then we'll see pricing around $3.20 a gallon again.

Colorado gets 22 cents per gallon of gas, FedGov gets 18 cents per gallon of gas for a total of 40 cents in taxes - http://www.coloradogasprices.com/USA_Tax_Map.aspx

http://www.bankrate.com/finance/auto/gas-money.aspx

http://online.wsj.com/news/articles/...63383982418536

Put this all together, and government makes far more from gas sales than all of the oil companies put together. Exxon, for example, made only seven cents per gallon of gasoline in 2011. That's a drop in the bucket compared to the nearly 50 cents per gallon that federal, state and local governments rake in on an average gallon of gas pumped in the U.S.

The government and the nature nazis use the media to proclaim that oil companies are screwing us over b/c the government doesn't want the average TVaholic citizen to know the truth about gasoline prices and who is actually screwing us.

[Bailey Guns]

I'm amazed how so many want to blame the oil companies and gas retailers for the cost of a gallon of gasoline when it's taxes and stupid governmental policy that accounts for a far higher percentage of the cost of fuel than profit.

[roberth]

I'm amazed how so many want to blame the oil companies and gas retailers for the cost of a gallon of gasoline when it's taxes and stupid governmental policy that accounts for a far higher percentage of the cost of fuel than profit.

Unfortunately I'm not amazed at all

The EPA has alot to do with it too, all their fees and fines for this and that, most of those costs are passed on to the consumer.

[Bailey Guns]

Exactly...that's part of what I meant by "stupid governmental policy".

[centrarchidae]

It's the neckbeards. They sell it on gasbroker.com.

Sent from my official Boy Scout signal mirror.

[Circuits]

It's the neckbeards - they drive mom's station wagon to the gas station and buy all the cheap gas up...

edit to add that's what I get for not reading all the way to page three before replying

[MED]

What gets me is the price of diesel. I remember when diesel was 62 cents a gallon, and it was always cheaper then gas except for the past 10-15 years. The low sulfur thing caused it to go up, but the price of diesel is absolutely ridiculous.

[Aloha_Shooter]

What gets me is the price of diesel. I remember when diesel was 62 cents a gallon, and it was always cheaper then gas except for the past 10-15 years. The low sulfur thing caused it to go up, but the price of diesel is absolutely ridiculous.

As I understand it, that's because diesel is a by-product of making gas or vice-versa. Years ago, the American market drove oil refinery consumption and the American automotive market outpaced diesel consumption. The rest of the world uses far more diesel so the supply-and-demand curve can be inverted quite easily.

[CO Hugh]

I wish a presidential candidate and political party made drilling and low energy costs a major issue: $1.0 a gallon gas!!!

Thank of the economic growth if it occurred.