Actually you pay about 60 cents CA tax and 18 cents Federal tax. Add the property, business and personal taxes on the gas station and you start to see the picture. And that doesn’t even factor in the higher employee wages.
The refineries are switching over to the "summer blend" so there is a "shortage" until the switch over is complete so prices go up. Happens every year when they switch blends. We always end up paying for their stupid "green" games.
You must be in the warm part of the west coast! :)
Lots of places go below freezing in the winter. The Sierras, the Siskiyous, and the Cascades all get lots of snow.
The "summer blend" allegedly reduces smog in the warmer months.
Even in Florida they switch blends. (It's slightly annoying owning a diesel vehicle that only stays in South Florida- I get worse fuel economy on the winter blend..)
It seems a lot of the transplants to Florida from New York are pretty red - R party registration has only been increasing. And DeSantis mentioned this statistic a few times over the last few years.
I think it's just become more polarized - Florida is more red, and New York* is more insufferable, as it is full of the "Orange Man Bad" types...
*New York City. Upstate is more red but is too small compared to the NYC area. But the City has become outright unlivable post-2020.
I assume that you are in a very blue state. The US AID spigot is being shut off so the state has to find revenue elsewhere to keep all their "provocateurs" on the payroll and finance the perpetual kick-backs.
Check and see if the price of crude has gone up, or if your gas taxes have increased. I'm in deep blue New England and our gas prices are going down. Most are under $3 / gallon.
Didn’t California recently require a new “greener” gasoline blend that drove prices up. Not sure if that impacted California only, or if it spills over into neighboring states.
It's all according to when the gas station private or franchise buys it,what they have in the ground currently is what they bought it at from a previous bulk purchase,there next purchase should reflect a better coincidence to the current barrel price.
Apparently the market is slow to react to a drop in prices. But if there is some scary event in the world and oil jump, then gas on the west coast goes up immediately.
In TN the price for regular at Sam's club was $2.47.
The oil they buy today hasn't hit the refineries yet. You are still getting the more expensive gas because the oil it was refined from cost more than today's market price.
West coast refineries are ramping up for the "summer blend" so there are "shortages" during this time. It's some green nonsense where they claim the summer blend reduces smog in the warmer months. OP was unaware of this.
The Oil price is very sensitive to unrest, especially in oil-producing countries, who seem to mysteriously attract military and insurgent activities. So, war tends to send the global price up, especially blockades. Even the 'threat' of war in an oil-country can send the price up - hence the constant spook and lame demonstration activity - which is a blatantly transparent attempt to make a quick buck, IMO. One can track that stuff just about to the hour when news breaks.
The fact that the price is dropping, means that more oil is coming on-line in the market - or it can somtimes indicate a coming recession - which would mean that there would be less demand in the 'future'. So, the gamblers, if you like, are predicting a recession.
The sensible thing to do in this chess-game, is to smooth a bunch of ruffled war-feathers (i.e. reduce warring), BUT keep MIC running, to stock up on new amaze-balls weapons - i.e. announce a TRILLION dollar spend) and get on with using lots of the luberrly stuff for the sake of civilians (i.e.make MOAR factories and use MOAR oil). The risk is that spending more on weapons and military means some may accuse one of war-mongering. It's a triksy game.
To the second part: The difference between Oil and Gas-for-the-pumps, AKA petrol prices.
They are disconnected by refining and shipping costs. It's a 'lag' depending on how much oil is still sitting in the tanks from the 'higher' price - that needs to be processed first (and yes, they keep track of the age of tanks, because it goes off, and settles like molasses just with ambient temperatures). The price will drop when the 'new' oil starts coming online. I disagree that it will be automatic - that's a pipe dream. Those guys have their eyes on their fries, and know exactly which tank has the 'new oil. Also, reduced refining and shipping costs act as a "secondary bonus" when the price actually drops at the pump, because it lowers the cost of production and shipping, obviously.
I hate to be the one to have to tell you this, but... You live in a STUPID state. I'm sorry. The only cure is to pack up and move to a SMART state. I live in a smart state and paid $2.65 a couple days ago. The other option for you is to become active in your government and encourage those around you to GET SMART. It may take years for the leprosy in your government to heal but we must keep pushing.
Like a third to half of the price of gas is actually just federal and state (sometimes local) taxes. At $3.5 a gallon (the national average) a dollar of that is the refinery and their markup, a dollar is the wholesaler and their markup, and a dollar is taxes. Fifty cents is the actual profit for the gas station per gallon. In places like California, the tax part eats up a larger portion of the price and drives up cost per gallon.
You gas is mostly tax.
So your % drop will not be as good.
I'm in Oregon it's 40 cents state tax per gallon.
Yep Oregon state gas tax is $0.40 a gallon and it's not going down neither is the price of eggs
I would double check that sounds like Federal tax.
Add .18 federal gas tax.
Futures market needing time to flush the pipes and catch up to the barrel price?
Actually you pay about 60 cents CA tax and 18 cents Federal tax. Add the property, business and personal taxes on the gas station and you start to see the picture. And that doesn’t even factor in the higher employee wages.
Gas for the car or food is a real thing.
Well, that's a good point. Taxes are hidden all over the place, and lots of municipalities have piled in with them.
We have recently had an 18% rates -hike - with the announcement that the counil is going to outsource their water-rates.
So wait a minit. We are paying to outsource the water management??
"Cuz the dollar ain't shit and it's taxed to no end..."
The refineries are switching over to the "summer blend" so there is a "shortage" until the switch over is complete so prices go up. Happens every year when they switch blends. We always end up paying for their stupid "green" games.
You must be in the warm part of the west coast! :)
Lots of places go below freezing in the winter. The Sierras, the Siskiyous, and the Cascades all get lots of snow.
The "summer blend" allegedly reduces smog in the warmer months.
Even in Florida they switch blends. (It's slightly annoying owning a diesel vehicle that only stays in South Florida- I get worse fuel economy on the winter blend..)
Oh, and that's good to know.
Exxon here where I live in SC dropped from $2.62 to $2.56 in the last 24 hours.
It just needs to get rid of the insane 6% income tax to achieve maximum greatness.
Edit: And get rid of that faggot Graham.
Yet Florida still stays bright red, so apparently they are not doing too much damage...
It seems a lot of the transplants to Florida from New York are pretty red - R party registration has only been increasing. And DeSantis mentioned this statistic a few times over the last few years.
I think it's just become more polarized - Florida is more red, and New York* is more insufferable, as it is full of the "Orange Man Bad" types...
*New York City. Upstate is more red but is too small compared to the NYC area. But the City has become outright unlivable post-2020.
I've met more people from NY in Florida that I knew while living in NY/NJ.
Partly because I would mostly only associate with non-libtards.
So yea, most non-libtards moved out of the NE and came to the south, making the NE even more libtarded.
Although NJ is red and it's been stolen again & again. Eg that satanist Murphy in '22.
Thar u go. They must have been waiting for the cheaper oil. Expecting it, even.
getting the cheaper gas pumped at that cheaper rate, and getting it to the pumps? Soon?
I assume that you are in a very blue state. The US AID spigot is being shut off so the state has to find revenue elsewhere to keep all their "provocateurs" on the payroll and finance the perpetual kick-backs.
Check and see if the price of crude has gone up, or if your gas taxes have increased. I'm in deep blue New England and our gas prices are going down. Most are under $3 / gallon.
Not in PA they're not, but we have Philly and Pittsburgh and they vote for the commie Shapiro.
As I explained: that depends.
Didn’t California recently require a new “greener” gasoline blend that drove prices up. Not sure if that impacted California only, or if it spills over into neighboring states.
It's all according to when the gas station private or franchise buys it,what they have in the ground currently is what they bought it at from a previous bulk purchase,there next purchase should reflect a better coincidence to the current barrel price.
Apparently the market is slow to react to a drop in prices. But if there is some scary event in the world and oil jump, then gas on the west coast goes up immediately.
In TN the price for regular at Sam's club was $2.47.
Washington State just added another 10 cent tax.
They artificially restrict supply to hold the price up
The oil they buy today hasn't hit the refineries yet. You are still getting the more expensive gas because the oil it was refined from cost more than today's market price.
Cali gas tax
Yeah, lived in Los Gatos in the early 80s. It was the best place on earth. Now it's all a liberal hell hole.
Ok I will explain it in simplest terms. GREED.
I paid 2.95 today in Florida.
Oil isn't high. The taxes you pay for gas are.
The effect takes time to ripple through the marketplace. You just new to all this a liberal pretending to be MAGA?
West coast refineries are ramping up for the "summer blend" so there are "shortages" during this time. It's some green nonsense where they claim the summer blend reduces smog in the warmer months. OP was unaware of this.
Same thing on the East Coast. A dip in prices 2-3 weeks ago, now they are right back up there.
Re - the first part of your question:
The Oil price is very sensitive to unrest, especially in oil-producing countries, who seem to mysteriously attract military and insurgent activities. So, war tends to send the global price up, especially blockades. Even the 'threat' of war in an oil-country can send the price up - hence the constant spook and lame demonstration activity - which is a blatantly transparent attempt to make a quick buck, IMO. One can track that stuff just about to the hour when news breaks.
The fact that the price is dropping, means that more oil is coming on-line in the market - or it can somtimes indicate a coming recession - which would mean that there would be less demand in the 'future'. So, the gamblers, if you like, are predicting a recession.
The sensible thing to do in this chess-game, is to smooth a bunch of ruffled war-feathers (i.e. reduce warring), BUT keep MIC running, to stock up on new amaze-balls weapons - i.e. announce a TRILLION dollar spend) and get on with using lots of the luberrly stuff for the sake of civilians (i.e.make MOAR factories and use MOAR oil). The risk is that spending more on weapons and military means some may accuse one of war-mongering. It's a triksy game.
To the second part: The difference between Oil and Gas-for-the-pumps, AKA petrol prices.
They are disconnected by refining and shipping costs. It's a 'lag' depending on how much oil is still sitting in the tanks from the 'higher' price - that needs to be processed first (and yes, they keep track of the age of tanks, because it goes off, and settles like molasses just with ambient temperatures). The price will drop when the 'new' oil starts coming online. I disagree that it will be automatic - that's a pipe dream. Those guys have their eyes on their fries, and know exactly which tank has the 'new oil. Also, reduced refining and shipping costs act as a "secondary bonus" when the price actually drops at the pump, because it lowers the cost of production and shipping, obviously.
I hate to be the one to have to tell you this, but... You live in a STUPID state. I'm sorry. The only cure is to pack up and move to a SMART state. I live in a smart state and paid $2.65 a couple days ago. The other option for you is to become active in your government and encourage those around you to GET SMART. It may take years for the leprosy in your government to heal but we must keep pushing.
Paid $3.49/gallon for ethanol free gas in Texas. Up 10 cents from last week.
Smells like Spring Break and Easter coming up.
Other states raised their gas taxes in 2025, hoping you'd blame Trump for higher prices, perhaps?
Yes.
Ethanol comes from corn and does not burn as cleanly. This results in clogged fuel injectors, etc.
If you read the warranty on gasoline powered lawn mowers, weed trimmers, etc., you'll see use of ethanol gas voids their warranties.
Like a third to half of the price of gas is actually just federal and state (sometimes local) taxes. At $3.5 a gallon (the national average) a dollar of that is the refinery and their markup, a dollar is the wholesaler and their markup, and a dollar is taxes. Fifty cents is the actual profit for the gas station per gallon. In places like California, the tax part eats up a larger portion of the price and drives up cost per gallon.