RE: Oil Prices and Gasoline

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Oil Prices and Gasoline

in finance •  7 years ago  (edited)

I remember when oil was $20 a barrel and gas was $0.15 a gallon.

the reason the price has gone up?
taxes...
MOST of what you pay at the pump is tax.

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Must be hidden, federal and state gas taxes on gallons have not gone up in many years until just recently. I would gladly vote for an additional 10-20 cent state gas tax if I was guaranteed 100% would go to roads and bridge repair.

how has that worked out in the past?
ya like those bike trails do ya?