$1 Gasoline???

Um yeah then the Saudi plan to bankrupt competitors will become more effective

wonderful

 

The congresscritters said buying that would be a bailout for the oil industry.

 

Richmond VA? I am west of Richmond but south of 60 , down US 29.

 

Down toward Danville?

Some of my family had a mountain house at the North Carolina birder that we would go to.

So I've been in your neck of the woods.

NASCAR riots run deep there.

 

The Saudis have already been there, done that, and learned a hard lesson about the U.S. bankruptcy laws. Many bankrupt companies here will reorganize, shed their massive debt load carried by investors, and quickly resume pumping under a new lower-cost structure:

$1 Gasoline??? | Page 3 | PriusChat

This recent Saudi action was more aimed at Vladimir Putin than at the U.S.

 

Actually, just south of Lynchburg. Wife is from a little further south, Gretna.
I am in the country on 6 acres, but if I look the right place, I can see the traffic on US 29. We can definitely hear it at times.

 

I think at this point, we may be on track for some state averages to drop to $1/gal.
US Average Gas Prices by State

A few are just $0.50/0.60 away from hitting that target.

This gas price map gets into some finer details:
USA and Local National Gas Station Price Heat Map - GasBuddy.com

Some parts of WI and OK are already below an average of $1.20/gal!!!!

 

Nice map

It looks like up in @m.wynn land of upstate New York has had a small section of low prices.

Nothing out on the best coast though.

 

That's dumb. Don't they know the reserve exists for other, more important reasons.

Guess the party of national defense forgot armies march on their stomachs.

 

With your state paying nearly $0.80/gallon in federal and state fuel taxes, it will be extremely tough to get the pump price down to $1/g, even absent the CARB mandates.

States with tax loads of under $0.50/g, and even under $0.40/g (excepting Alaska), are far more likely to reach that price point:


The federal portion is currently $0.184/g.

 

Seems like right now would be a great time to eliminate the road funding problem and double the fed road tax

 

That is also an (indirect) carbon tax, something I have long believed should be in place.

 

Just curious how many of you have county and/or municipal taxes added to gasoline, in addition to the federal and state taxes. More than 20 local governments have added their own little bite to Oregon gas prices. Closest to me is City of Eugene, which started out with 3 cents per gallon tax and quickly raised it to the current nickel a gallon.
kris

 

I am unaware of any local fuel taxes in Washington State, and the webpages for the state's Department of Revenue and Department of LIcensing betray no hint of such.

 

We used to drive over to the next county to buy cheaper gas ... and dodge the potholes.

Bob Wilson

 

My state puts that on the annual vehicle registrations, not the fuel, in the mass transit districts.

Or did, until another statewide rollback initiative passed last November. It is now tied up in the courts. One factor is that the tax rollback was approved by untaxed voters outside those transit districts, but defeated within those transit districts where voters had previously approved those taxes, and apparently wanted to keep them.