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Republicans Block Bill To Help LOWER Gas Prices (Original Post) Yo_Mama_Been_Loggin May 2022 OP
Hoping republicans get smoked in November mid-terms.. at140 May 2022 #1
Price go up, but demand isn't. Omnipresent May 2022 #2
I saw something earlier about the prices thatdemguy May 2022 #3
they don't want a solution. They want to run on the failure of the other side magicguido May 2022 #4
From Twitter: Rhiannon12866 May 2022 #5

Omnipresent

(5,706 posts)
2. Price go up, but demand isn't.
Thu May 19, 2022, 03:24 PM
May 2022

Where are all the cars lining up for gas?
I live in south Florida and the gas stations usually, only have a couple of cars at a time fueling up.

thatdemguy

(453 posts)
3. I saw something earlier about the prices
Thu May 19, 2022, 03:26 PM
May 2022

Average gas tax price in the US combined sate and fed taxes is 55 cents a gallon. Profits made by the oil companies is like 59-65 cents a gallon. So they are making about 15 %, the gas taxes are about 12%. Both of these numbers are based on the first quarter of the year, what the gas companies posted for profits and what the states and fed gov collected in taxes. I would assume the profits are similar % for the gas companies even at 2 bucks a gallon, but the gas taxes dont change it just per gallon.

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