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what are gas prices at for you?

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Old May 24, 2007 | 01:37 PM
  #481  
leahbeatle's Avatar
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Default Re: what are gas prices at for you?

Lucky you, indeed. I heard on the radio this morning that New Jersey was the only state in the country today with gas prices still under $3, but that must have been some sort of statewide average figure, because by your evidence, individual stations in Arizona, at least, are under the line. Hmmm... anybody want to take a guess when we'll hit $4 nationwide average?
 
Old May 24, 2007 | 02:41 PM
  #482  
centrider's Avatar
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Default Re: what are gas prices at for you?

Originally Posted by leahbeatle
Also, Illinois has the sixth highest gas tax of any state in the country- 52 cents per gallon. That makes a difference, dontcha think?

http://www.api.org/aboutoilgas/gasol...-Tax-Rates.pdf
I think that makes a difference at the margins. Without the taxes you would stll be paying 3.00/g. And as the price increases, it's not the taxes driving the increase, is it? It would be interesting to subtract the taxes from the price in, hmm, IL, IA, WI, IN for example to see what they would pay without their taxes?
 
Old May 24, 2007 | 06:38 PM
  #483  
gumby's Avatar
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From: Richardson, TX
Default Re: what are gas prices at for you?

Originally Posted by leahbeatle
... anybody want to take a guess when we'll hit $4 nationwide average?
Labor Day weekend is my guess.
 
Old May 25, 2007 | 07:53 AM
  #484  
owenscasper's Avatar
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From: Casper, Wyoming
Default Re: what are gas prices at for you?

Originally Posted by centrider
I think that makes a difference at the margins. Without the taxes you would stll be paying 3.00/g. And as the price increases, it's not the taxes driving the increase, is it? It would be interesting to subtract the taxes from the price in, hmm, IL, IA, WI, IN for example to see what they would pay without their taxes?
Taxes are not driving the increase, refinery capacity shortfalls and crude prices are the big items. State taxes do determine the relative costs between areas.

State taxes cents per gallon as of March 2007)
IL=52.0 (6th highest in US)
IA=40.4 (31st highest in US)
WI=51.3 (7th highest in US)
IN=46.4 (18th highest in US)

See the following link about motor fuel taxes:
http://www.api.org/aboutoilgas/gasol...-Tax-Rates.pdf

Your sample seems to be on the high end, except for Iowa. Remember, that some local governments, big cities, also add additional tax at the pump.

Here in the cowboy state, the state tax is 32.4 (49th) and yesterday I filled with regular @ $2.95. Same gas sold in Illinois for example would be 2.95-.324+.52= $3.15 about what the data suggestes it is selling for outside of the metro areas. (There are no metro areas in WY.) Also remember that many areas are required to sell reformulated fuels, at an increased cost.

Best info for what gas prices are that I have found is:
http://www.gasbuddy.com/
Very cool especially the "Gas temperature map" which is drag/zoomable.
 
Old May 25, 2007 | 11:39 AM
  #485  
leahbeatle's Avatar
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Default Re: what are gas prices at for you?

Originally Posted by centrider
I think that makes a difference at the margins. Without the taxes you would stll be paying 3.00/g. And as the price increases, it's not the taxes driving the increase, is it? It would be interesting to subtract the taxes from the price in, hmm, IL, IA, WI, IN for example to see what they would pay without their taxes?
I think you lost track of the subject of this particular point. The 'difference' I was talking about was the difference between gas prices in Illinois and gas prices in other states, not the difference in prices day to day as prices rise in one particular location. Increases in prices are, obviously, not affected by gas taxes that are paid at a flat rate per gallon unless that rate is changed.

I remember once, a few years ago now, when Illinois temporarily suspended its state gas tax in response to the perception that we desparately needed to help consumers deal with high gas prices. I think it must have been during the Clinton years, when governments still had surpluses, and the 'high' gas prices people were afraid of were probably lower than they are right now. You certainly don't see anyone proposing that sort of solution today- it would be a terribly short-sighted thing to do, anyway.
 
Old May 29, 2007 | 03:43 PM
  #486  
centrider's Avatar
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Default Re: what are gas prices at for you?

Today I filled in Hill City, SD - 3.29/g at a BP station. The grade was new to me - Silver, w/10% ethanol..

What I would consider Regular was 3.33/g.
 
Old Jun 4, 2007 | 06:07 PM
  #487  
gpsman1's Avatar
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From: All over the Central U.S.
Default Re: what are gas prices at for you?

Prices have dropped about a dime around here... Generally, about $3.159.
 
Old Jun 4, 2007 | 07:11 PM
  #488  
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From: Rhode Island
Default Re: what are gas prices at for you?

We're holding steady at $3.29, some stations near some of the touristy spots are charging $3.49.
 
Old Jun 5, 2007 | 08:05 AM
  #489  
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Default Re: what are gas prices at for you?

Here in California, I paid $3.11 yesterday. Prices are droping still.
 
Old Jul 24, 2007 | 04:58 AM
  #490  
WaltPA's Avatar
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Default Re: what are gas prices at for you?

With a good ol' fashion gas price war in full swing here, the price of regular has dropped to $1.94.
 


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