General Fit Talk General Discussion on the Honda Fit/Jazz.

Gas and Oil prices on the way up again

Old Jan 4, 2011 | 08:03 AM
  #41  
braziers's Avatar
Member
5 Year Member
iTrader: (1)
Joined: Sep 2008
Posts: 868
From: London-ish
I'm pretty sure we were talking about 'At the Pump' prices though, in which case, our fuel is 3 times more expensive than yours.
I know full well that our taxes on fuel are stupid. We pay around 85% of the fuel price in taxes alone IIRC.
 
Old Jan 4, 2011 | 10:19 AM
  #42  
mahout's Avatar
Member
5 Year Member
Joined: Jan 2008
Posts: 4,371
From: NC USA
Originally Posted by braziers
I'm pretty sure we were talking about 'At the Pump' prices though, in which case, our fuel is 3 times more expensive than yours.
I know full well that our taxes on fuel are stupid. We pay around 85% of the fuel price in taxes alone IIRC.
Our gas here in NC in the USA the price of gas rose above $3/gallon (US, at the pump). Our gallon here is less than gallon in UK if memory of my last trip to UK and Europe serves, it was based on 4 liters, about 6% greater than US 4 quarts.)
Our tax here is about 50 cents gallon federal and 55 cents for NC so our at-the-pump taxes are about 30 per cent. If our tax was increased to 85 % our per gallon US would be about $13/gallonUS, or about US$3.50 per liter, based on our actual gas cost of $1.95/gal being 15% of the cost at the pump.
Here we not only have varying taxes for states but also costs differing formulations for the gasolines as a result of enviromentalist lobbying so prices vary by as much as a dollar fifty per gallon.
As for being stupid, gas is one of the few 'fair' taxes but it is badly abused by politicians. Right now this country has the most incompetent politicians in the world. Can't manage a balanced budget that we all know we need and Greece isn't far away. 2011 promises to be very entertaining for those in the UK watching us.
Thats what this administration wants.
cheers.
 
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Goldy Lox
General Fit Talk
45
Feb 28, 2012 10:34 PM
cab0053
General Fit Talk
9
Jul 6, 2008 10:58 PM
junktea1
Tanabe Racing Development USA
1
May 15, 2008 05:19 PM
Daņiel
Canada Fit Forums & Clubs
22
Apr 23, 2006 10:55 PM
Ralf
Other Car Related Discussions
2
Sep 8, 2005 08:32 PM


Thread Tools
Search this Thread

All times are GMT -4. The time now is 09:35 PM.