Non-IT News Thread
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GAS HITS $.789 in the US!!
Houghton Lake, Michigan: Gas Prices Drop Below $1 Per Gallon in Apparent Price War, Report Says
Gas prices of 78 cents and 95 cents were reported at Beacon & Bridge Market and Marathon, respectively, in Houghton Lake, GasBuddy reported after verifying user-submitted photos.
To the best of my knowledge, this is by far the cheapest fuel prices, after adjustments for inflation, in history.
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@mlnews said:
GAS HITS $.789 in the US!!
Houghton Lake, Michigan: Gas Prices Drop Below $1 Per Gallon in Apparent Price War, Report Says
Gas prices of 78 cents and 95 cents were reported at Beacon & Bridge Market and Marathon, respectively, in Houghton Lake, GasBuddy reported after verifying user-submitted photos.
To the best of my knowledge, this is by far the cheapest fuel prices, after adjustments for inflation, in history.
Here's a chart - assuming it's right (adjusted for inflation)
http://www.neohouston.com/wp-content/uploads/2010/02/Final-Chart.png -
This one is pretty cool, showing actual price and adjusted price
http://www.inflationdata.com/inflation/images/charts/Oil/Inflation Adjusted Gasoline2013.jpg
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@mlnews said:
GAS HITS $.789 in the US!!
Houghton Lake, Michigan: Gas Prices Drop Below $1 Per Gallon in Apparent Price War, Report Says
Gas prices of 78 cents and 95 cents were reported at Beacon & Bridge Market and Marathon, respectively, in Houghton Lake, GasBuddy reported after verifying user-submitted photos.
To the best of my knowledge, this is by far the cheapest fuel prices, after adjustments for inflation, in history.
Ugh, tax that stuff already. I pay $4.13CDN/gallon = $2.84USD
That's the cheapest it's been since the 90's here.
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@MattSpeller said:
@mlnews said:
GAS HITS $.789 in the US!!
Houghton Lake, Michigan: Gas Prices Drop Below $1 Per Gallon in Apparent Price War, Report Says
Gas prices of 78 cents and 95 cents were reported at Beacon & Bridge Market and Marathon, respectively, in Houghton Lake, GasBuddy reported after verifying user-submitted photos.
To the best of my knowledge, this is by far the cheapest fuel prices, after adjustments for inflation, in history.
Ugh, tax that stuff already. I pay $4.13CDN/gallon = $2.84USD
That's the cheapest it's been since the 90's here.
Huh, according to this, it appears that Gas is taxed at a flat per gallon rate, not a percentage.
http://www.api.org/oil-and-natural-gas-overview/industry-economics/fuel-taxes/gasoline-taxCalifornia = 59 cents per gallon
Nebraska = 46 cents per gallon -
@MattSpeller said:
@mlnews said:
GAS HITS $.789 in the US!!
Houghton Lake, Michigan: Gas Prices Drop Below $1 Per Gallon in Apparent Price War, Report Says
Gas prices of 78 cents and 95 cents were reported at Beacon & Bridge Market and Marathon, respectively, in Houghton Lake, GasBuddy reported after verifying user-submitted photos.
To the best of my knowledge, this is by far the cheapest fuel prices, after adjustments for inflation, in history.
Ugh, tax that stuff already. I pay $4.13CDN/gallon = $2.84USD
That's the cheapest it's been since the 90's here.
We pay ~61 cents per gallon in taxes here in NY.
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@MattSpeller said:
@mlnews said:
GAS HITS $.789 in the US!!
Houghton Lake, Michigan: Gas Prices Drop Below $1 Per Gallon in Apparent Price War, Report Says
Gas prices of 78 cents and 95 cents were reported at Beacon & Bridge Market and Marathon, respectively, in Houghton Lake, GasBuddy reported after verifying user-submitted photos.
To the best of my knowledge, this is by far the cheapest fuel prices, after adjustments for inflation, in history.
Ugh, tax that stuff already. I pay $4.13CDN/gallon = $2.84USD
That's the cheapest it's been since the 90's here.
This differs state to state here, but in Ohio we're paying 46.4 cents per gallon. That's close to half the cost at the pump currently....... just don't fill up in Pennsylvania whatever you do, 68.8 cents per gallon. So I'd say that the tax on gas at the pump is already at insanity levels here.
Edit: I won't even get started on road use taxes for commercial vehicles, unless someone really wants to know part of why it costs $50 to have that $5 wigit delivered via next day service.
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@Dashrender said:
@MattSpeller said:
@mlnews said:
GAS HITS $.789 in the US!!
Houghton Lake, Michigan: Gas Prices Drop Below $1 Per Gallon in Apparent Price War, Report Says
Gas prices of 78 cents and 95 cents were reported at Beacon & Bridge Market and Marathon, respectively, in Houghton Lake, GasBuddy reported after verifying user-submitted photos.
To the best of my knowledge, this is by far the cheapest fuel prices, after adjustments for inflation, in history.
Ugh, tax that stuff already. I pay $4.13CDN/gallon = $2.84USD
That's the cheapest it's been since the 90's here.
Huh, according to this, it appears that Gas is taxed at a flat per gallon rate, not a percentage.
http://www.api.org/oil-and-natural-gas-overview/industry-economics/fuel-taxes/gasoline-taxCalifornia = 59 cents per gallon
Nebraska = 46 cents per gallon
Gallon = 3.785 liters = 0.2467*3.785 = $0.944 / gallon
We do the same thing but the unit conversions are tedious
Edit: for the record the largest city near me is Vancouver - they're paying 0.3217*3.785 = $1.22/gallon tax
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@MattSpeller said:
@Dashrender said:
@MattSpeller said:
@mlnews said:
GAS HITS $.789 in the US!!
Houghton Lake, Michigan: Gas Prices Drop Below $1 Per Gallon in Apparent Price War, Report Says
Gas prices of 78 cents and 95 cents were reported at Beacon & Bridge Market and Marathon, respectively, in Houghton Lake, GasBuddy reported after verifying user-submitted photos.
To the best of my knowledge, this is by far the cheapest fuel prices, after adjustments for inflation, in history.
Ugh, tax that stuff already. I pay $4.13CDN/gallon = $2.84USD
That's the cheapest it's been since the 90's here.
Huh, according to this, it appears that Gas is taxed at a flat per gallon rate, not a percentage.
http://www.api.org/oil-and-natural-gas-overview/industry-economics/fuel-taxes/gasoline-taxCalifornia = 59 cents per gallon
Nebraska = 46 cents per gallonGallon = 3.785 liters = 0.2467*3.785 = $0.944 / gallon
We do the same thing but the unit conversions are tedious
Edit: for the record the largest city near me is Vancouver - they're paying 0.3217*3.785 = $1.22/gallon tax
you have to pay for that "free healthcare" some how.
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@Dashrender said:
you have to pay for that "free healthcare" some how.
lol and I'm super happy to do it, but you may be frightened to learn that none of the taxes on gas / diesel go to it. All to road maintenance and mass transit.
Edit: I'm wrong, 7.75c / liter go to general funds.
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@Dashrender said:
Huh, according to this, it appears that Gas is taxed at a flat per gallon rate, not a percentage.
http://www.api.org/oil-and-natural-gas-overview/industry-economics/fuel-taxes/gasoline-taxCalifornia = 59 cents per gallon
Nebraska = 46 cents per gallonThere are different kinds of taxes at different points.
I am intimately familiar with the taxes at the Terminal level. The terminal level is the point where the tanker trucks fill up with fuel to take to the stations.
Federal and State Motor Fuel Taxes (MFT) are applied at that time. MFT taxes are flat, and not % based.
I am familiar with them because I re-wrote an invoicing application for a terminal company.
Here is a load of standard Unleaded with 10% Ethanol. Units in this case is gallons.
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@JaredBusch said:
@Dashrender said:
Huh, according to this, it appears that Gas is taxed at a flat per gallon rate, not a percentage.
http://www.api.org/oil-and-natural-gas-overview/industry-economics/fuel-taxes/gasoline-taxCalifornia = 59 cents per gallon
Nebraska = 46 cents per gallonThere are different kinds of taxes at different points.
I am intimately familiar with the taxes at the Terminal level. The terminal level is the point where the tanker trucks fill up with fuel to take to the stations.
Federal and State Motor Fuel Taxes (MFT) are applied at that time.
I am familiar with them because I re-wrote an invoicing application for a terminal company.
Here is a load of standard Unleaded with 10% Ethanol. Units in this case is gallons.
So where ever that customer is, their tax burden is 37.89 cents a gallon.. that's really good.
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@Dashrender said:
@JaredBusch said:
@Dashrender said:
Huh, according to this, it appears that Gas is taxed at a flat per gallon rate, not a percentage.
http://www.api.org/oil-and-natural-gas-overview/industry-economics/fuel-taxes/gasoline-taxCalifornia = 59 cents per gallon
Nebraska = 46 cents per gallonThere are different kinds of taxes at different points.
I am intimately familiar with the taxes at the Terminal level. The terminal level is the point where the tanker trucks fill up with fuel to take to the stations.
Federal and State Motor Fuel Taxes (MFT) are applied at that time.
I am familiar with them because I re-wrote an invoicing application for a terminal company.
Here is a load of standard Unleaded with 10% Ethanol. Units in this case is gallons.
So where ever that customer is, their tax burden is 37.89 cents a gallon.. that's really good.
No, that is still prior to sales taxes and such. this is ONLY the MFT. There are more taxes at the station level that I am not familiar with like this.
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@gjacobse they valued that at $5000 a pound? I feel like that is a gross overestimation....
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@RojoLoco
I didn't do the numbers... And I don't know jack about that trade.. But at 1,500 pounds.. that is a long time of smoking.. -
