Michigan gas 2nd highest in the nation...why????

Southwest Mi $4.29 then down to $4.09 then back to $4.25. It's all tax deductable so I don't really care

reply to post by DragonsDemesne


How much of Canadian gas prices are for tax.....versus how much for the actual gas?

Originally posted by DontTreadOnMe
reply to post by DragonsDemesne

 

How much of Canadian gas prices are for tax.....versus how much for the actual gas?

I'm not entirely sure. I do know that our government is basically giving away the province's natural resources to the oil companies. We have some of the lowest royalty rates in the world for natural resources. I don't know what sort of hidden taxes there are on gasoline, but according to this, which is about a year old, the taxes are quite substantial, somewhere around 31%, as of Feb. 2012.

Originally posted by ShadellacZumbrum
reply to post by DontTreadOnMe

 

That's nice of them to say that, . But, .. . didn't they say that about 2 months ago.

If the refineries are so damn broke D**K, then why don't they build NEW refineries? It is the same thing I say Every time they post $90 Billion Dollars in profits Every Quarter.

Hopefully that was a rhetorical question. Why build more refining capacity when all it will do is lower prices? Its a game that's been rigged from the start. The federal govt wont step in im,they are.in bed with the oil companies. Even if someone managed to build a refinery, the oil pcompanies wouldnt sell them the oil.....its been decades since we have added new refineries, evan though demand is there.