noncompos said: (quoted from post at 11:57:56 06/30/08) Geez...here I thought the oil co's announcements of their profits were at least a starting point, but now I find out they're really in bad shape, just hanging on by their fingernails???...C'mon, guys, we need the oil co's, we can't let 'em sink, let's send 'em food packages or something...
GREG: You're right: when revenue comes down, the irresistible urge is to raise taxes. Now, as to the gas tax, websites say NEB gas tax IS higher (44.6 cents per gal vs from 32.4 (WYO) to 43.4 (KS)) than adjacent states---BUT: other than the latest raise, that's been basically the same tax on $2 gas as on $4 gas, so the lions share of the raise isn't taxes...
(Website state/fed txs DON'T include local taxes, which may add several cents, but not $2-$4 differences).
Are gas prices really 12.2 cents cheaper in WYO and 8.6 cents cheaper in MO adjacent to Neb, and does anyone from Neb drive across the state line to buy gas??? With sympathy, Bud[/quote:26ab154380]
Those close to the borders are known to, they have fits about it on the news at night. NE is the 9th highest taxed state in the nation.
[quote:26ab154380="tlak"](quoted from post at 12:11:08 06/30/08) If coastal and Alaskan areas are opened, it will just be the biggest sell out of our country ever, because the oil companies will buy the leases and just sit on them, not drilling, because there's more than enough oil for the next hundred years.
It would be a powerful lever against the middle east if they were drilled and ready to go. "if you (OPEC) don't raise production and lower the price, we will".
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