Ex-Tesla VP Says Congress Should Tax Gas to $6 per Gallon

[Tchocky]

Funny how an increase in oil prices affects the US a hell of a lot more than some other countries.

[SteamWake]

Originally Posted by Tchocky

Funny how an increase in oil prices affects the US a hell of a lot more than some other countries.

Its one of the main sources of revenue... taxes make up a large percentage of the 'cost' of a galon of gas. As the base price goes down so does the revenue stream.

So if the base price goes down, increase the tariffs to get that revenue stream flowing again.

[Frame57]

Originally Posted by Tchocky

Funny how an increase in oil prices affects the US a hell of a lot more than some other countries.

Not 100% sure on this, but I think folks here have to commute much farther distances to get to work, which affects them substantially when gas prices double. Also we do not decent mass transit.

[Digital_Trucker]

Originally Posted by Frame57

Not 100% sure on this, but I think folks here have to commute much farther distances to get to work, which affects them substantially when gas prices double. Also we do not decent mass transit.

Not to mention the distances that goods have to be transported by either truck or train.

[XabbaRus]

That's why in the UK if the govt. wanted to we can mitigate oil price rises affecting petrol, but of course what govt. ever likes to lower taxes?

[Tchocky]

Well, the UK gov't just cut VAT :P

(a pointless endeavour, as it turned out)

[XabbaRus]

Yea, 2p off the price of a Mars bar....

[Frame57]

I have not had a Mars bar in ages, they still make em?