Joined Jun 2006
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Forum Thread
You think gas is expensive in the US?
March 23, 2012 at
01:59 PM
in
Finance
(2)
Petrol hit a new record high today in the UK of 140 pence per liter. Worked out to gallons and dollars, that's $8.41 per gallon.
Linky [dailymail.co.uk]
Linky [dailymail.co.uk]
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http://en.wikipedia.or
That 8.41/gallon isn't that an "imperial gallon" which is more than the US gallon?
http://en.wikipedia.or
The imperial gallon
This gallon, the UK gallon, is defined as 4.54609 L. This definition is used in some Commonwealth countries, and is based on the volume of 10 pounds of water at 62 °F. (A US liquid gallon of water weighs about 8.33 pounds at the same temperature.) The imperial fluid ounce is defined as 1⁄160 of an imperial gallon.
The US liquid gallon
This gallon is defined as 231 cubic inches,[2] and is equal to exactly 3.785411784 litres or about 0.13368 cubic feet. This is the most common definition of a gallon in the United States. The US fluid ounce is defined as 1⁄128 of a US liquid gallon.
Anyway $8.41/gallon in the US sounds like a liberals dream come true.
http://en.wikipedia.org/wiki/North_Sea_oil
That 8.41/gallon isn't that an "imperial gallon" which is more than the US gallon?
http://en.wikipedia.org/wiki/Gallon
The imperial gallon
This gallon, the UK gallon, is defined as 4.54609 L. This definition is used in some Commonwealth countries, and is based on the volume of 10 pounds of water at 62 °F. (A US liquid gallon of water weighs about 8.33 pounds at the same temperature.) The imperial fluid ounce is defined as 1⁄160 of an imperial gallon.
The US liquid gallon
This gallon is defined as 231 cubic inches,[2] and is equal to exactly 3.785411784 litres or about 0.13368 cubic feet. This is the most common definition of a gallon in the United States. The US fluid ounce is defined as 1⁄128 of a US liquid gallon.
Anyway $8.41/gallon in the US sounds like a liberals dream come true.
It's a good racket really. I get taxes taken out of my paycheck, and when I go buy gas, 12% of my purchase goes towards taxes on the gas. The oil company gets less than the government, and then pays corporate taxes for providing the gas. Then they pay their employees with what's left over, and their employees' paychecks are taxed. All so we can drive around in our cars which are taxed yearly with license plates that are taxed.
We.....are.....all......
Now why are those friggin choppers hovering over my house again!!!!
States do don't they?
Yes, but they pay bloated union wages with our tax dollars and constantly raid the road trust fund to pay for other stuff, like taxpayer funded cellphones to deadbeats and raises for state legislators.
$0.12 per Gallon of Gas in Venezuela!
Venezuela is a very bizarre place to live pricing wise
Things like gas, beyond dirt cheap, obviously. A box of cereal though will be like $8. There are a lot more stories from Americans who used to work oil in Venezuela until Hugo kicked them all out.
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Yup. And it's trendy/sexy thing to do is drive green cars and make tax incentives for them. So, when gasoline sales beginning declning (which they actually are now because so many people are buying more fuel efficient vehicles), tax revenue FALLs and now there are proposals passed around to tax people by the mile and use GPS to calculate a tax bill for the state. Oregon or Washington wanted to do that IIRC.
(on a similar note ---- it's the same end game as Cigarette taxes. It's sexy to be against cigarettes to save lives, but I wonder what would happen if the hunger for tobacco ended tomorrow and the tax revenue became $0?)
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