Ripped off at the pump ?

[nookandcrannycar]

Originally Posted by edmscan

Just wanted to inquire about what you think about the price of gas ? Do you think that the price is fair for what you are getting, or is the price of gas ridiculous and a cash grab by big oil companies ?

Personally .. I think that the 44$ (based on $1.19/litre and 37 litre fill) that it takes to fill up my Yaris is just about as much as I can afford to pay.

I find that a tank takes me about 2 weeks to go though, so it is about 90$ per month for gas. But I just feel lucky that the Yaris gets such good gas mileage as I could be easily paying twice as much with another vehicle.

I am wondering how others feel about the price of gas ?

The price of gas is too high, but I blame the government, not the oil companies. In the US, the percentage of the cost of a gallon of gas that goes to taxes (I'm pretty sure in all 50 states) is a higher percentage than oil company profit percentage. One of the reasons that prices are different in each state for gas is the tax environment. Gas is quite a bit cheaper in New Jersey than it is in New York or Connecticut. I asked a station attendant in New Jersey why this is and he said it is just how each state decides to peg each tax among a basket of taxes----New Jersey has a lower Gas tax than the other Tri-State states, but he said it has a much higher cigarette tax and one other tax (I think it was on alcohol).

President Obama has bragged that oil production is the highest it's been in US history. No thanks to him, thank the oil companies. He has squelched leasing on federal land --- the land he has control over. I think everyone should try to drive cars in our league MPG wise most of the time, but I think people should do it re their own awareness and conscience, and not have it be anything that is influenced by the government.

Oil companies do do some douche bag things, but some protesters are also swimming in their own hypocrisy. I remember a reporter questioning an Occupy Wall Street protester as to why she was using (at that very moment) a MacBook Pro if she is so against corporations and profits. The lady kept tripping over her words and didn't even have the moxie to fake a semi-intelligent response. A cogent response would be impossible, as there isn't one. In addition. Apple's profit margin is 3-4 times that of a lot of oil companies. Why isn't she protesting that Apple should move their manufacturing base back to the US. Oh wait, Apple is cool and oil companies are not.

Wow.You are paying the equivalent of $5.19 USD per US gallon. I paid $3.49 yesterday. I feel rven worse for people in Europe...paying so much more.