And the profits will continue to soar. Some states are considering takign the
approach of reducing, or even eliminating, the gas taxes to "save" their
residents money. But it will only help the gas companies.
Think about it. Assume gas is $1.75/gal (about what it is here), and of that,
$0.25 is state & local taxes. Now, we have already demonstrated that when gas
is $1.75/gal, taxes included, we'll still buy it up, no problem. Let's say the
state & local taxes are cut out completely, bringing the price down to
$1.50/gal. The gas companies will let this stand for about 5 minutes. They
already know we'll buy at $1.75/gal, so it's a no-brainer to take the price back
there themselves and reap that $0.25/gal extra profit.
Jim wrote:
> I don't relly understand why everyone complains about the gas prices it
> makes no difference. As it was already mentioned all the stations get their
> gas from one local location. Oil companys don't care how much we complain
> because they are still making a huge profit. They know that no matter what
> they do we need gas and were going to keep using it so that equals charge
> what they want. The only thing the matters is the bottom line. And no
> matter how many times people try to protest and get these no buy days going
> it won't work because you'll never get enough people to do it. Granted I
> hate the high prices but if I complain whos really listening that cares or
> is going to make something happen about it. And my last thought on it is if
> the gas is to much find a way to use less like car pooling. I for example
> am using a motorcycle to get around more because it gets much better miliage
> around 43mpg. So I guess thats my two cents and the only time I'll bring
> this up.
>
> Jim Nolin
This archive was generated by hypermail 2b29 : Fri Jun 20 2003 - 12:01:28 EDT