Posted on 03/06/2017 6:33:09 AM PST by davikkm
Ohio’s average for regular fuel was about $2.23 per gallon in Monday’s survey from auto club AAA, the Oil Price Information Service and WEX Inc. That’s a dime more than the state average last week and well above the average of $1.87 at this time last year.
(Excerpt) Read more at washingtontimes.com ...
Summer blend? Ours went up here also. The summer blend iirc gets more mpg and is more expensive to produce. Or so I am told by the fuel producers.
I did hear something on the news where the price for gasoline is predicted to be around $3 a gallon this summer ...
I did hear something on the news where the price for gasoline is predicted to be around $2.50 a gallon this summer
Gas here jumped 38 cents a gallon (10 cents a litre) last Wednesday. And it’s snowing this morning!
Just one good thing after another...
Tell me about it. Should have checked in Michigan first.
Interesting chart for inflation adjusted gasoline prices.
http://inflationdata.com/articles/inflation-adjusted-prices/inflation-adjusted-gasoline-prices/
My guess is that, if you also adjust for taxes, the government makes more on gas the any other entity, and boutique blending, artificial restrictions on distribution (see California) whole sale prices of gasoline are historically low.
If you factor in fuel efficiency gains and historical inflation adjusted wage gains the ratio of fuel cost to miles driven has probably never been lower.
As mandated fuel efficiency kicks in, states must raise taxes to keep revenue stable.
As gas prices rise we get more jobs in Texas. I wish I didn’t have to drive.
AP story on rising gas prices in the heartland?
Trump must be president.
It may be a quibble but taxes are a charge on gas. It is part of the cost of acquiring gas. Gas is simply another mechanism for the government to collect revenue. That it is so well hidden makes it easy for the government to blame the big greedy oil companies for higher prices.
I remember when the amount of taxes was promptly displayed at all pumps.
It always goes up around the holidays. Look for a spike during Spring Break and another for summer.
These are bargain days. Remember back when it was over $4.
These are bargain days. Remember back when it was over $4.
I remember back when it was around 25 cents per gallon.
It was 17 cents when I was in elementary school.
I remember—barely—when it was a dime per gallon. Might have been about 1960...
we are already between 2.23 - 3.59 regular
Summer blend on the way and look for 45 - 75 cents per
gallon increase over the summer.
I thought that but I didn’t drive, legally, until ‘64. I gotta try your chicken recipe.
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