Houston Kid
Well-Known Member
- Joined
- Mar 8, 2017
- Threads
- 167
- Messages
- 3,112
- Reaction score
- 2,245
- Location
- Houston, TX
- Vehicle(s)
- '22 GT500 HE CFTP, '18 WK2 ,'16 Audi A7
Ok, ok.
$3.60 for 93 in HTX.
$3.60 for 93 in HTX.
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100% of the fuel costs are passed on to the customer who in turn passes 110% on to the consumer. High fuel prices affects us all in ways some don't even consider.It's my specialty
I’m with you. We have one vehicle, wife’s 2022 Acura MDX, that barely gets over 20mpg. Everything else in our garages sucks fuel at an alarming rate. When we recently ran out of garage space the car that got sold was the 30+mpg Honda Civic Sport which we used for around town stuff. I don’t necessarily want to waste but compared to gas prices in most other civilized nations our gas is relatively cheap. I’d love to have $1/gal fuel but for now I’m fine with the principles of supply and demandReally????
We are driving $100K cars with a gas guzzler charge and now complaining about fuel prices?
Life must be really good if this is all you ladies now need to bicker about.
Just enjoy a country where this is possible on a mass scale.
We aren’t in China or Russia where these cars would be true unicorn sightings.
In Texas there is a $0.20 per gallon state tax and everyone pays the Feds $0.184 per gallon in federal tax. At $0.20 a gallon, Texas is one of the cheaper states as far as gas tax goes.The local/state taxes are a large part of the price delta between regions. Some places the taxes are at least half or more of the price.
I get 21.7MPG out of the V8 generally. I grew up in Japan where it was $1.50/liter way back in the 80's no less. So till it goes to 10/gal I don't really give a damn.
That said, $10 gas means the price for diesel has gone up a lot too which DOES affect everybody. The modern economy runs on oil+diesel and when those input costs change for the worse, we all take it up the *** without lube.
I don’t mind the tax price for Florida as I pay zero income tax in the state. I haven’t done the exact math but I’m pretty sure that even with a 7% sales tax and .42 per gallon gas tax I’m still better off than an income tax on top of that lol.In Texas there is a $0.20 per gallon state tax and everyone pays the Feds $0.184 per gallon in federal tax. At $0.20 a gallon, Texas is one of the cheaper states as far as gas tax goes.
https://taxfoundation.org/state-gas-tax-rates-2020/
Oh, come on Dan, please stop with your conspiracy theories. The gas and oil industry are effected by the "worldwide" supply chain issues just like every other industry. If you actually have any verifiable proof that any government agency is forcing the industry to limit production, please supply it.If you artificially limit supply you will get higher prices.
Only thing limiting supply is the producers, they like big profits and still have the sting of big losses last year when demand dried up. They were paying to store it. I bought heating oil last year at $1.60/gallon which was artificially low… OPEC and Russia aren’t going to increase their production either, after years of flooding the market with cheap oil trying to break the US fracking industry which appears to have worked short term.If you artificially limit supply you will get higher prices.
I got slapped for posting politics so won't. Look at recent history and you will find the answer.If you actually have any verifiable proof that any government agency is forcing the industry to limit production, please supply it.
I worked in the oil and gas industry for 12 years, it's not the producers.Only thing limiting supply is the producers
You made a comment that I disagreed with. To bring me to your side I asked for any information that would show your comment to be true. Enough said. Time to move on.I got slapped for posting politics so won't. Look at recent history and you will find the answer.
I'm sorry, but why would the producers do anything to create a shortage to increase prices?Only thing limiting supply is the producers, they like big profits and still have the sting of big losses last year when demand dried up. They were paying to store it. I bought heating oil last year at $1.60/gallon which was artificially low… OPEC and Russia aren’t going to increase their production either, after years of flooding the market with cheap oil trying to break the US fracking industry which appears to have worked short term.
To answer that would involve politics.You made a comment that I disagreed with. To bring me to your side I asked for any information that would show your comment to be true.