so the real price of a gallon of gas is around $2.00
Constitutional amendment : there should only be 1 kind of tax so that we all know what we pay . no progressive but a flat tax of 10% sales tax. no deductions and all governments at all levels divide that 10%.1 tax to cover all government expenses . no property tax. abolish the IRS.
Now every state government can trot out their goal to raise gasoline taxes.
Still too high.
Monthly U.S. average regular gasoline retail prices fell from $3.69/gal in June to $3.17/gal in October. EIA expects that U.S. regular gasoline retail prices will continue to fall to an average of $2.80/gal in December 2014. The U.S. annual average regular gasoline retail price, which averaged $3.51/gal in 2013, is projected to average $3.39/gal in 2014 and $2.94/gal in 2015, $0.06/gal and $0.44/gal lower than in last month's STEO, respectively. Diesel fuel prices, which averaged $3.92/gal in 2013, are projected to fall to an average of $3.82/gal in 2014 and $3.38/gal in 2015, $0.04 and $0.41 lower than in last month's STEO, respectively.
The February 2015 New York Harbor reformulated blendstock for oxygenate blending (RBOB) futures contract averaged $2.12/gal for the five trading days ending November 6, 2014. Based on the market value of futures and options contracts for this key petroleum component of gasoline, there is a 15% probability that the RBOB futures contract price at expiration will fall below $1.85/gal, consistent with a monthly average regular-grade gasoline retail price less than $2.50/gal in February 2015. There is also a 19% probability that the RBOB futures contract price at expiration may exceed $2.35/gal, consistent with a retail price of $3.00/gal or higher. Daily and weekly national average prices can differ significantly from monthly and seasonal averages, and there are also significant differences across regions, with monthly average prices in some areas falling above or below the national average price by $0.30/gal or more.
Lower projected crude oil prices also contribute to a reduction in the forecast residential heating oil price and average household heating oil expenditures this winter. The average household that uses heating oil as its primary space heating fuel is expected to pay an average of $3.27/gal this winter, $0.36/gal lower than projected in last month's STEO. The average household is now expected to spend $1,779 for heating oil this winter, $213 lower than in last month's STEO.
Will the IRS designate the savings as income subject to taxation?
Keep dreaming and wait until the new gas taxes hit.