Posted on 09/23/2014 3:39:32 AM PDT by WhiskeyX
In last week’s post about ExxonMobil’s 2013 earnings, I noted that we earned about 5.5 cents for every gallon of gasoline and other petroleum products we refined, shipped, and sold in the United States.
Consider this: The federal and state and local governments collected 40 to 60 cents per gallon in taxes.
The American Petroleum Institute just updated their map showing the combined local, state and federal tax rate in each state as of Jan. 1, when new taxes took effect.
(Excerpt) Read more at exxonmobilperspectives.com ...
Bookmark.
Good to keep in mind when the mindless have the gall to bring up “big oil”. How about “big Government” huh?
Yep. I bet it would also closely resemble a blue & red state map.
Toll to the Trolls and the trollops who dine on codswallop.
Outside of Marxist strongholds like California and Massachusetts, I've found that states with high fuel taxes typically fall into two different categories: (1) they have a lot of rural state roads and/or low populations (they need high fuel taxes to maintain them and don't have a lot of motorists to generate revenue in large scales); or (2) they have a lot of old roads that are going through a second or third generation of complete reconstruction.
I tried reading the comments at the source, but they should come with an automatic barf alert. Clearly a bunch of government worshiping ignoranuses decided to post their worthless opinions in an attempt to explain why it’s good that government makes nine times the profit on gasoline that the producer does. (Boils down to government is wonderful give them more of your money)
If you look, N.J. has the lowest. That’s because you can’t pump your own gas. They run it as a jobs program I guess. The price, at least in south Jersey, is usually very low compared to surrounding states. I don’t really know when you get close in to NYC.
They’ll have to insert a new color on the map for California after the Jan. 1st Cap & Trade BS starts!! (16 to 70 cent tax increase):
http://www.usnews.com/opinion/economic-intelligence/2014/09/10/california-carbon-gas-tax-could-cost-drivers-big
You do need to take consideration of other taxes into the mix. With no state income tax, Florida’s tax rate is closer to a user fee than in other states where general revenue is also used for transportation projects.
The People’s Republic of New Jersey has the second lowest gas tax (only Alaska’s is lower).
But the PRNJ gets you in other ways.
They have the highest property tax rates in the country as a percentage of home value.
When visiting my daughter in NC, we scoot 2 miles over the VA line to fill up before driving back to SC. The gas tax is 20 cents less in VA than in NC.
Interestingly, New Jersey has very low fuel prices even though self-serve gasoline is prohibited in the state (the senior and disabled lobbies make sure it stays this way). You think it would be the other way around, no?
In addition to low fuel taxes, the state also benefits from having major refineries that keep transportation costs down for fuel retailers.
“If you look, N.J. has the lowest. That’s because you can’t pump your own gas.”
Guess a tip is expected too?
One thing fascinating about that map: I live in KY and two weeks ago took a weekend trip to Knoxville Tennessee. As soon as we crossed the border, gas was ten cents less.
However, my FRS burns the most expensive blend. It was, in every station I stopped at (and I stopped at a LOT of stations) fifty cents more than regular. Meanwhile, it’s only twenty cents more where I get gas. IOW, premium cost twenty cents MORE in Tennessee.
It’s also interesting that the tax on gas is more than I paid for gas at the pump when I was in high school.
Ah, good ol’ inflation...
It doesn’t seem like it; I never give one when I’m traveling through . Also, I always use my credit card and there’s no receipt to sign with a tip line like at a restaurant.
They can put it on their license plate. “Good place to buy gas but you wouldn’t want to live here.”
There's (at least) one station on MD's Eastern Shore where attendants do all the pumping.
Guess a tip is expected too?
I've never tipped an attendant nor have I ridden with one who did.
ff
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