Saturday, June 28, 2014

Gas Taxes

Picture from HERE
Exxon (a well run company by most accounts) makes 5.5 cents of profit per gallon.  The typical consumer in the state of California pays 70 cents per gallon in taxes.  The typical consumer in Hawaii pays 68 cents per gallon.  The typical consumer in Illinois pays 58 cents per gallon in taxes.  These states were chosen because they were significant stops in President Obama's life.  What you are Now is where you were When.

And he pillories "Big Business".  Amazing.

Gas prices by country.


Picture from HERE

Many of our leaders at the national level seem to be enchanted with the social experiments of Western Europe.  They are in a hurry to "catch up".

I don't know how I would adapt to $7/gallon gasoline and heating oil.  It would hurt.


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