NY wins again....50.6 cents tax per gal
The trend is pretty obvious to anyone with an elementary knowledge of economics. The Law of Demand...lower prices increase the quantity demanded. With gas prices around $2 per gallon or less no wonder.
I personally try to burn Diesel ilo Gasoline. Don’t blame me...
A little off target but while walking through a giant parking lot today i made the observation that none of the spots had a giant oil spill on them like one would see on every spot back in the 70’s.
Guess the car makers finally perfected the oil seal...
mmmmMMMM!!! I love to burn gasoline and diesel!
Sounds like the general populace isn’t worried about Global Warming.
Depends on where you’re at. The price has been flat and/or declining in the PNW. Even with lower fuel prices, demand is still dropping. The only thing propping up fuel prices right now are state & federal taxes and EPA emissions requirements, which actually INCREASE diesel fuel consumption.
Its not clear to me that high consumption will translate into higher oil and gas prices.
If demand for refined product is so high, why is a glut of summer gas being converted to winter gas, and why did the refineries switch to making winter gasoline and other products early this year?
http://www.reuters.com/article/us-usa-gasoline-flows-idUSKCN1040G1
http://info.genscape.com/current-state-of-the-oil-market-webinar-feb-2016-questions-answered
Retail gas price fell going into the summer vacation driving season, which does little to support the writer’s contention.
Stupid fat Americans going to and fro. Let’s do somethin’ about that. /s