Gas prices around the world

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This would be a good time for a $0.50 per gallon tax increase. That would decrease demand and eventually lower prices.
 
quote:

Originally posted by JAYCEE:
This would be a good time for a $0.50 per gallon tax increase. That would decrease demand and eventually lower prices.

The same politicians that have advocated for that in the past are now saying that the gas prices are too high and someone has to be blamed.

(translation - they like high prices, but only if they get to spend the profit to buy votes and build dependency to them. How dare a private company enjoy higher profit due to a supply shortage that we in part created).
 
quote:

Originally posted by JAYCEE:
This would be a good time for a $0.50 per gallon tax increase. That would decrease demand and eventually lower prices.

I don't get it when people say this. Sure a price increase will reduce demand. But it won't reduce demand farther than the price increase. The price will stabilize where it is right now, we'll all just be buying less gas.
rolleyes.gif
 
That's true. Something else would have to take the place of the foreign oil. I favor legalizing moonshine and burning that in the tank.
 
I'd like a rebate to cover the high cost of gold. us$636.50/oz. How about another to cover the high cost of land. The price of copper is also getting really high...

Maybe they should stop shrinking the dollar, instead.
 
We should cap engine displacement to 1.5L per 2000lbs of weight, that will make sure everyone is driving a reasonably sized car.

If my engine ever die, I will put a 90hp 1.5L civic engine in my Integra. 1.5L geared at 2000rpm at 80mph on a 2600lb car will be real quiet and efficient. I can probably drag race a tricycle in my neighborhood too.
 
diesel took a 0.05c/l hike here yesterday. I paid Au$1.49.9/litre, and there wre a number of service stations with it above the Au$1.50 mark.
Here in the country, each station is slugged 3.8c/l by the fuel company as a delivery fee, not a bad little earner for them on top of their tidy little fuel profit.

There is a distinct possibility interest rates will rise here to combat inflation, which has already started to spike thanks to the fuel increases. It is currently hovering at 3%, which is the absolute upper limit the Reserve Bank will tolerate. The really rich part is the Federal Treasurer 'chastising' business owners for thinking of increasing charges/fees in the face of rising fuel/transport costs. Amazing.
 
rick,
same treasurer, when faced with the skills shortage in engineering stated that "this government will do everything that it possibly can to prevent upward pressure on engineering wages, as it will be bad for business"...while they voted themselves another wage rise.

Market at work...
 
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