Not low enough. What was it back in 1971, $0.75/gallan?
People who think they somehow "deserve" a low gas price are kidding
themselves.Energy is expensive. Gasoline is a finite resource. Roads
are expensive. Pollution and gridlock cause huge costs to society.One reason they failed to mention in the article for our exceptionally low gas
prices- and our exceptionally smoggy valleys- is because we haven't
adjusted our state gas tax for inflation in almost 17 years. The result is that
more and more sales taxes and other revenue are spent subsidizing road
construction, and more and more people take advantage of huge road subsidies to
make unwise transportation choices that they wouldn't make if their gas
prices reflected the real cost to society.People who actually
understand the economy- like Greg Mankiw, Harvard economist and Romney's
main economic adviser- say our gas tax is at least a dollar per gallon too low
nationwide. We should reduce other taxes and raise the gas tax.
You should really check your facts, Kansas City gas is $2.67 a gallon, with
Texas , Oklahoma, Louisiana, Arizona, New Mexico, Tennessee, Illinois , Indiana,
Nevada and Colorado not far behind. I have been in those states in the two
weeks and prices haven't risen sine then. Hawaii right now is around 3.80
More research might be necessary since all of us have iPads , smart phones,
Most the nation has min 87 octane our is 85, maybe they should compare our mid
grade 88 to everyone elses low grade of 87.
it will go back up.
You people in the north part of the state---enjoy your low gas prices while the
big oil companies continue to 'stick it to' us southern residents.$3.25 in Richfield as of yesterday--$ 3.15 in Cedar.Oil companies
set area prices with no apparent reason. It doesn't cost 30 cents a gallon
to transport fuel 170 miles.The government is afraid to take them on
for price fixing. Guess we will just have to live with it.